Work on CPEC optical fiber starts in Khunjerab
GILGIT – Work on the Optical Fiber Project of the China-Pakistan Economic Corridor (CPECP) has been started in Khunjerab area which will pass to Rawalpindi, Gwadar and other regions of Pakistan. The $44 million Pak-China Optical Fiber Project will be completed in two years. Once completed, the project will be connected with Trans-Asia-Europe (TAE) cable […]
Pakistani banks eye expansion in China; overseas markets
KARACHI: Several Pakistani banks are looking to step out of their comfort zone, planning to expand overseas and exploring new markets, including neighboring China, officials said on Tuesday. Sources said United Bank (UBL), Habib Bank (HBL) and National Bank of Pakistan (NBP), which together hold more than 40 percent market share, are attempting to capitalise […]
“Chinese Support To Overcome The Energy Crisis Is Remarkable”: Analysts
PM expresses satisfaction over the pace of work on the energy projects and said that the present government is effectively diversifying the energy mix of the country to overcome the energy shortfall. He was chairing a meeting on energy projects in the country in Islamabad today. PM said it is encouraging that all the ongoing […]
Govt announces packages for Chinese investors
Lahore—The Punjab government has announced different packages for Chinese investors, in order to promote industries. The investors, aiming to invest Rs 200 billion at Quaid-e-Azam Apparel Park, will be given 25 acre land free of cost. This was stated by Punjab Minister for Industries Ch Muhammad Shafiq while talking to media, on his return from […]
Projects worth US$10bn under CPEC already hit ground
Islamabad: Out of US$46 billion under China Pakistan Economic Corridor (CPEC) framework, projects worth more than US$ 10 billion had already hit the ground, while remaining schemes were in advanced stages of the pipeline. The remaining projects amounting to US$ 36 billion would soon be launched, according to a senior official in the ministry of […]
Challenges, threats to CPEC: Army chief set to leave for China
hief of Army Staff (COAS) General Raheel Sharif is set to leave for a crucial visit to China where he will be holding important meetings with Chinese political and military leadership on bilateral matters. An informed source told Pakistan Today that besides military to military relations, the army chief would be discussing the implementation of […]
Economic Long March From August 11 To Mark Two-Year Of Vision2025
ISLAMABAD: Federal Minister for Planning, Development and Reforms, Ahsan Iqbal on Monday announced to launch an economic long march on August 11 on completion of the second year of the government’s Vision 2025 programme. “We will not only present scorecard of our achievements during the last two years but also explain our targets for next […]
Remitances By Overseas Pakistanis To Rise Upto 10PC
ISLAMABAD: Overall remittances sent by Pakistanis residing in KSA and UAE are expected to be risen further by 10 per cent in FY 2016-17. According to Khaleej Times report, Overseas Pakistanis workers topped particularly by those working in the UAE and Saudi Arabia, had set a historic record of sending home $19.9 billion remittances in […]
Vice Chiff Of Naval Staff Lauds China’s Coorporation In Strenghting PMSA
Vice Chief of Naval Staff Vice Admiral Khan Hasham Bin Saddique has lauded China’s cooperation in strengthening Pakistan Maritime Security Agency (PMSA) to provide security to Gwadar Port. He expressed these views while speaking at launching ceremony of second Maritime Patrol Ship “BASOL” for PMSA at Chinese city of Liuzhou. Vice Admiral Hasham said this […]
Three-day Envoys’ Conference begins in Islamabad
The Adviser to the Prime Minister on Foreign Affairs Sartaj Aziz was presiding over the Conference in which envoys of Pakistan accredited to various capitals and multilateral institutions were participating. The envoys included Jalil Abbas Jilani (Washington DC), Masood Khalid (Beijing), Abdul Basit (New Delhi), Maleeha Lodhi (UN New York), Ayesha Riyaz (Vienna), Naghmana Hashmi […]