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 […]
Sino-Pak collaboration in buffalo embryo transfer and production to achieve beneficial results
NANNING, 27 Oct. Because of its numerous health advantages and delectable flavor, buffalo milk has become more and more well-liked in China in recent years. Sino-Pak collaboration in buffalo embryo development, breeding, and dairy processing is already taking place and has just reached a new milestone to capitalize on the enormous market potential for buffalo […]
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 […]
In the months of July through September, Pakistan’s top trading partner is still China
ISLAMABAD- China remained Pakistan’s top commercial partner for the first quarter (July-September) of the current fiscal year (2022-23) despite a 30.67% fall in bilateral trade, according to the Ministry of Commerce. According to data, the volume of bilateral commerce decreased to $3.952 billion in Q1 of the current fiscal year from $5.701 billion in Q1 […]
SCODA institutional innovation to promote commerce between Pakistan and China
Institutional Innovation Cases was the topic of a symposium organized by the Shanghai Cooperation Organization Demonstration Area (SCODA) in Qingdao (Gwadar Pro). At the press briefing, 20 business examples were distributed centrally. In order to gradually enhance reciprocal recognition of Authorized Economic Operators (AEO) with relevant SCO nations and SCO countries, SCODA announced a collaboration […]
SUGS: Chinese firms to be invited to JVs
According to knowledgeable sources within the Ministry of Planning, Development, and Special Initiatives, Pakistan will extend an invitation to Chinese businesses to collaborate with Pakistani businesses in proposed Joint Ventures (JVs) for the construction and operation of Strategic Underground Gas Storages (SUGS). This proposal will be included in the draught minutes of the upcoming, soon-to-be-held […]
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 […]