TURBAT: Medical Alliance Committee Kech rallied in front of Atashad Degree College, with the support of Civil Society Turbat in which female students and members of Civil Society Kech participated in large numbers and chanted slogans against the PMC rules. “It is against law to take a double test from them,” the participants of … Read more
KARACHI: The government should aim to create self-sufficiency in food and chemicals to reduce dependency on drastically increasing imports, an official said on Monday. Union of Small and Medium Enterprises (Unisame) president Zulfikar Thaver said, “Self-sufficiency is the best answer in the present situation for a burdened and indebted economy. The heavy imports are consuming … Read more
Over 95 per cent of civil and electromechanical works of 720 megawatts (MWs) Karot hydropower plant have been completed and the project has entered into commissioning phase, reported Associated Press of Pakistan (APP). The information was shared by two senior officials of the Private Power and Infrastructure Board (PPIB). Karot hydropower plant is among the … Read more
ISLAMABAD: Finally, the government has met all the conditions of the International Monetary Fund (IMF) for the review of the $6 billion programme, and the entire nation is already bearing its repercussions in the form high inflation, an economic slowdown and increase in the cost of doing business. For Finance Minister Shaukat Tarin the current … Read more
Prime Minister Imran Khan will visit China from February 3-5 for attending the opening ceremony of the Winter Olympics. Speaking at a weekly news briefing, Ministry of Foreign Affairs Spokesperson Asim Iftikhar Ahmed stated that during the prime minister’s visit, officials from Islamabad and Beijing would discuss the China-Pakistan Economic Corridor (CPEC), among other things. … Read more
KARACHI: The Karachi Port Trust (KPT) and a Chinese company have signed a $3 billion agreement under the China-Pakistan Economic Corridor (CPEC) project, an official said. The government is working for the development of coastal areas of Karachi under the CPEC project, CPEC authority chairman Khalid Mansoor said at the two-day fifth “The Future Summit”. … Read more
ISLAMABAD: Fazal Rahim has been working on the Port Qasim Power Plant project for six years. The plant is part of the China-Pakistan Economic Corridor (CPEC) project. During his time at the plant, Rahim has witnessed growth on both professional and personal levels. “I was a fresh graduate when I started here, and now, six … Read more
ISLAMABAD: The governments of Pakistan and China held meetings of the two joint working groups on Gwadar and socioeconomic development through video-conferencing. The sixth session of the Joint Working Group on Gwadar was co-chaired by Planning Development and Special Initiatives secretary Abdul Aziz Uqaili and Ying Xiong, director general of the National Development and Reforms … Read more
ISLAMABAD: The China-Pakistan Economic Corridor (CPEC) project has made great achievements and helped in deepening all-round cooperation between the two countries, a diplomat said on Wednesday. Ambassador of China Nong Rong while attending an award ceremony 2021 for outstanding Pakistani staff of the CPEC projects, said that the achievements came despite the challenge of Covid-19 … Read more
ISLAMABAD: As work on the western alignment of the China Pakistan Economic Corridor (CPEC) is in full swing, the incumbent government has initiated eleven new road projects under the project. According to official sources in the CPEC Authority, two new road projects worth Rs314 billion were added to the CPEC in the meeting of the … Read more
ISLAMABAD: The second phase of the China-Pakistan Economic Corridor (CPEC) will accelerate the socio-economic development in Pakistan, Khalid Mansoor, special assistant to the Pakistani Prime Minister on CPEC affairs said on Tuesday. With a special focus on industrial cooperation among others, the second phase of CPEC is crucial for the economic revival of Pakistan, Mansoor … Read more
BEIJING: With the two e-commerce companies recently obtaining large amounts of financing, Pakistan’s startups have raised more than $300 million this year, higher than the sum of the past six years. It is reported that Bookme, Pakistan’s leading online ticket booking platform, and Bagallery, a Karachi-based beauty and fashion e-commerce startup, recently announced the collection … Read more
BEIJING: China stands ready to work with Pakistan to promote the high quality development of the China-Pakistan Economic Corridor (CPEC) so that it will drive growth and benefit people’s livelihood, and play a bigger role in promoting regional connectivity and economic integration, a Chinese Foreign Ministry spokesperson said. “The China-Pakistan Economic Corridor (CPEC) is a … Read more
ISLAMABAD: To meet the electricity requirement of Gwadar 132kV line has been built and it will be connected with the national grid soon. This was stated during the fourth meeting of the Pak-China Relations Steering Committee, which was held under the chairmanship of Federal Minister for Planning Development and Special Initiatives Asad Umar on Wednesday. … Read more
ISLAMABAD: Federal Minister for Economic Affairs Omar Ayub Khan commended the government of China for hosting the 15th session of the Joint Economic Committee (JEC) on economic, trade, scientific and technical cooperation after a gap of 11 years. The virtual meeting of the JEC was co-chaired by Ren Hongbin, vice minister of China and Mian … Read more
ISLAMABAD: The Pakistan-China bilateral trade and Pakistan’s exports to China are both running at record levels for the year to-date, a Chinese official said. The economic and trade cooperation between China and Pakistan are mutually beneficial and has delivered tangible benefits to the people of the two countries, Chinese Foreign Ministry spokesperson Wang Wenbin said … Read more
KARACHI: The majority of the China-Pakistan Economic Corridor (CPEC) projects have been completed, with Gwadar becoming the most important in the region, an official said on Monday. Chinese Consul General Li Bijian during his visit to the Korangi Association of Trade and Industry (Kati) said that CPEC is an important part of Pakistan-China friendship, but … Read more
ISLAMABAD: Prime Minister Imran Khan has emphasised that the timelines specified for the completion of the China-Pakistan Economic Corridor (CPEC) projects should be adhered to. The government of Pakistan is fully committed to the provisions of CPEC agreements, he said, while presiding over a high-level meeting held here to review the progress on CPEC projects. … Read more
ISLAMABAD: The Karot hydropower project will start its commercial operations by the first half of 2022, as around 95 per cent work of the project had been completed, according to official sources in the China-Pakistan Economic Corridor (CPEC) Authority. Recently, the Karot hydropower project, which is a major project under the China-Pakistan Economic Corridor, successfully … Read more
ISLAMABAD: Prime Minister Imran Khan has reiterated that the implementation and operationalisation of the projects related to the China-Pakistan Economic Corridor (CPEC) was the top priority of the government. Chairing a high-level meeting to review progress on CPEC projects in Islamabad, the premier said that timelines specified for completion of the projects should be adhered … Read more
BEIJING: China has firmly rejected certain media for creating fake news with a deliberate attempt to smear the China-Pakistan Economic Corridor (CPEC) building and Pakistan-China relations. Read more: CPEC historical opportunity for Pakistan’s economic uplift: Pakistani expert “China firmly rejects certain media’s attempts that violate its professional ethics and creation of fake news with the deliberate … Read more
ISLAMABAD — The China-Pakistan Economic Corridor (CPEC) is a historical opportunity for Pakistan to uplift its economy, Talat Shabbir, director of China-Pakistan Study Center at the Institute of Strategic Studies in Islamabad said on Tuesday. Speaking at a seminar titled “Regional and Global Imperatives of Pakistan-China Relations,” Shabbir said China has always helped Pakistan through … Read more
KARACHI: The Balochistan government earlier this week banned fishing and trawling off the Gwadar coast after talks with protesters from the local fishing community, Arab News reported on Saturday. A group of protestors in the Gwadar port city staged a sit-in earlier this week, complaining the government was not doing enough to prevent “illegal trawling” in the … Read more
KARACHI: Gharibwal Cement Limited has announced 10,000 tonnes/day capacity expansion, which is expected to come online two years after the commencement of the civil work, which is to begin soon. The project cost, being undertaken by a China-based firm, is estimated to be around Rs8 billion to Rs10 billion. The company has not availed Temporary … Read more
BEIJING: Pakistan’s Ambassador to China Moin ul Haque has said that signing a memorandum of understanding (MoU) on onion export from Pakistan to China is an important step in promoting bilateral trade between the two countries. “This is a very welcome development because Pakistan and China are very important trading partners and the MoU will … Read more
ISLAMABAD: Prime Minister Imran Khan has said that with the focus on increasing investments in export industry for creating employment opportunities, the government is taking steps on a priority basis to enhance economic activity in the country. All government institutions are working together to provide a conducive environment for investors, he said, adding that the … Read more
ISLAMABAD: The federal government is committed to providing maximum share from the federal pool to Balochistan for its speedy development and bringing it at par with other provinces, a senior official said on Monday. Addressing a national workshop on Balochistan, Federal Minister for Planning Asad Umar said that it was the prime minister’s vision that … Read more
BEIJING: The Karot Hydropower Station, the first hydropower project under the China-Pakistan Economic Corridor (CPEC) closed the gates of its diversion tunnels after six years of construction, and officially started reservoir impoundment. That’s the accumulation of water in its reservoir for future use. It’s a milestone event, marking the completion of around 95 per cent … Read more
