Increased investment by Speedaf Express in Pakistan
ISLAMABAD: Speedaf Express, a prominent courier and logistics provider in China, has expressed a desire to increase operations and investments in Pakistan. In this regard, Asim Ayub, Project Director of China- Pakistan Economic Corridor Industrial Cooperation Development Project (CPEC-ICDP), met with Zhong Weijun, General Manager of Speedaf Express in Pakistan, and Yang Guangming, Attaché Commercial […]
Pakistan’s foreign exchange reserves plunge sharply by $302 million, reaching their lowest level since July 2019
Islamabad: Pakistan’s foreign exchange reserves suffered further damage, falling by a staggering $302.9 million to $7.596 billion, the lowest level since July 2019. The State Bank of Pakistan reported on the condition of foreign exchange reserves each week, and as of October 7, the SBP holding reserves decreased to $7.59 billion from $7.89 billion on […]
Government will issue bonds to raise $7 trillion
KARACHI: Over the next three months, the government hopes to raise more than Rs7 trillion by offering a variety of short- and long-term sovereign bonds to financial institutions (October-December). This is in reaction to the destruction brought on by the floods and the requirement to raise more funds to deal with their aftershocks. By issuing […]
130 businesses will attend the 6th Pakistan Industrial Expo from China and Pakistan
LAHORE: On October 15–17, Lahore will play host to the 6th Pakistan Industrial Expo, which will include over 130 businesses from China and Pakistan. Engineering agricultural machinery, CNC engraving and machine tool equipment, hardware tools, building supplies, alternative energy, auto, and motorcycle parts, etc. will all be on display. Pakistan Everest International Exhibition Company introduced […]
Rupee best performing currency
The erratic rupee of Pakistan, which achieved the highest rise of 3.9% over five working days to Rs 219,924 to the dollar on anticipation of substantial inflows of foreign cash, was dubbed the “world’s greatest performing currency” in the week that concluded on Friday. In a brief analysis of currency movements, Tahir Abbas, Head of […]
Pakistani startups raise $328m
Despite several instances of Pakistani companies failing, businesspeople were still able to obtain $328 million in funding in the first nine months of 2022. Despite increased investor skepticism brought on by geopolitical unrest and growing concerns about a global economic downturn, Pakistani entrepreneurs collected $328 million in total in the first nine months of 2022. […]
A Weekly Review of the Pakistani Securities Market, CEI Information
Market performance Index Overview Industry Index Performance of individual stocks Top 10 weekly gain & drop Top 10 weekly trading volume Top 10 weekly turnover rate Important news According to Syed Amin-ul-Haque, Pakistan is becoming a key hub for the top IT talent and international IT firms in terms of time zones, according to a […]
China is eager to acquire dogs and donkeys from Pakistan
As the cash-strapped nation struggles to emerge from a severe economic crisis, authorities have informed a parliamentary committee that China has expressed interest in importing donkeys and dogs from Pakistan. Dinesh Kumar, a member of the Senate Standing Committee, said that China has shown interest in importing donkeys as well as dogs from Pakistan during […]
Ministry of Commerce of the people’s Republic of China, China Radio and TV CORP conducted a “Seminar on Young Media Professionals for Pakistan”
Ministry of Commerce of the people’s Republic of China, China Radio and TV CORP conducted a “Seminar on Young Media Professionals for Pakistan” on 7th September 2022. The International Techno-Economic Cooperation (CRTV) was successfully conducted. MR. He Dongo, deputy manager of CRTV took part in the closing ceremony as he addressed the respectable audience at […]
Chinese agriculture technology has prospects for local economic growth, say Pakistani students
“My dream is to put Pakistani soybeans on the Chinese table.” Mohammad Ali Raza, head of technology promotion at Pakistan’s National Strip Compound Planting Research Center, said in an interview with this reporter a few days ago. In Raza’s hometown of Bahawalpur, Punjab Province, Pakistan, the experimental demonstration fields used China’s corn-soybean belt compound planting […]