Afghan pine nuts and dried apricot got wholesale orders on CIIE

Beijing, November 6 – China International Import Expo (CIIE) began on November 5 in Shanghai, China. A unique booth in the corner of the food and agricultural products section drew a large number of customers. Yousof Sadat, an Afghan exhibitor on the CIIE who speaks fluent Chinese, stated, “This is the first time we’ve participated […]

Forex reserves increased to $8.9 billion

According to figures issued by the State Bank of Pakistan (SBP) on Thursday, the central bank’s foreign exchange reserves increased by 19.7% week over week. The SBP’s foreign exchange holdings were valued at $8,912.9 million on October 28—an increase of $1,473 million from the $7,439.9 million figure on October 21. According to SBP, the $1,500 […]

Chinese businesses will spend $200 million in Punjab

At their meeting with Punjab Chief Minister Ch Parvez Elahi on Monday, the Chinese team, led by Mr. Gao Qiang, vice president of Sinovac Global, stated a desire to invest $200 million in Punjab. The Chinese corporation will invest roughly Rs. 45 billion in Punjab to build a factory to produce plasma medicinal items. Additionally, […]

Leading Chinese businesses embrace the PM’s invitation to participate in Pakistani infrastructure and solar projects

Beijing, Nov. 2—During Prime Minister Shehbaz Sharif’s official visit to China, the top Chinese businesses expressed a strong desire to participate in Pakistan’s infrastructure projects, including water and solar energy. According to the PM Office on Wednesday, the government’s extensive solar power project, which aims to produce 10,000 megawatts of electricity, has received an invitation […]

Lahore Textile Industrial Zone to provide $400 Mn Forex, 20,000 jobs: Nong Rong

LAHORE, 1 November According to Nong Rong, the Chinese ambassador to Pakistan, a Chinese company is investing a total of $150 million to build a textile industrial zone in Lahore on 150 acres of land. The ambassador mentioned how Chinese investments in various projects will result in an annual foreign exchange income of $400 million […]

Dar cautions dollar hoarders

Ishaq Dar, the finance minister, emphasised that the fair value of the rupee “is 180-200 to a dollar” and threatened to take harsh measures against those who hoard, smuggle, and manipulate US dollars and keep the rupee low. While presiding over meetings with the presidents and CEOs of commercial banks and representatives of exchange businesses […]

Commercial bank executives meet with Dar

ISLAMABAD, Oct. 29: On Saturday, the President/CEOs of the top commercial banks met with Senator Mohammad Ishaq Dar, Minister for Finance and Revenue. Finance SAPM Senior personnel from the Finance Division and the State Bank of Pakistan, as well as Tariq Bajwa, Tariq Pasha, Governor of the SBP, and Jameel Ahmad attended the meeting. Senator […]

Pakistani Ambassador to China Haq: Warmly welcome Chinese investors

“Pakistan welcomes Chinese friends wherever they may be like an old friend. An exchange meeting was mentioned. According to Haq, the Pakistan-China all-weather strategic cooperative cooperation has become stronger over time, and the two countries unbreakable friendship can be witnessed in times of difficulty. An excellent example is the recent active support China provided to […]

Gwadar enters the world of remote learning

22 October, GWADAR Gwadar, in south Balochistan, becomes the 54th regional center of Allama Iqbal Open University (AIOU), one of Pakistan’s biggest and best remote learning institutions, and so makes its foray into distance learning. After attending the campus’s official ribbon-cutting ceremony with AIOU VC Dr. Zia ul Qayyum, Member of the National Assembly Muhammad […]