MOITT launches 2 more projects worth Rs. 1 bln for Tharparkar, Gwadar

ISLAMABAD, 30 Oct. The provision of mobile and high-speed internet services in the districts of Tharparkar and Gwadar has been the focus of two new initiatives initiated by the federal ministry of information technology and telecommunications, according to Syed Amin Ul Haque. The Universal Service Fund (USF) Board authorized the Minister of Information Technology and […]

The 7th economic zone under CPEC to be constructed in Islamabad soon

ISLAMABAD, 30 Oct. Islamabad’s 7th economic zone will shortly be built as part of the China-Pakistan Economic Corridor (CPEC).According to the Planning Ministry, the 7th special economic zone would be built on a total of 4500 acres of land close to the Rawat region and 7500 acres close to the new Islamabad Airport.The ability to […]

Gwadar: Infrastructure for digital connection is ramping up

GWADAR, Oct. 30  – A broadband project of PKR 188.1 million for more than 15,000 people in 19 villages of Gwadar has been authorized to boost digital connection in the city.Digital access will aid the other communities in Gwadar.According to a representative of the IT ministry, after the project is finished, the people who live […]

LONGi and Pak Datacom have an agreement to make the telecom sector green

ISLAMABAD, 30 OCT. LONGi Green Energy Technology Co., Ltd. of China and Pak Datacom Ltd. have partnered to make Pakistan’s telecom sector “sustainable and green” because Pakistan is one of the nations most susceptible to the negative effects of climate change. LONGI and Pak Datacom has reportedly signed an MoU to collaborate, produce green energy, […]

China and Pakistan work together fully on sesame

HEBEI, 31 October In H1 of current year, Pakistan’s sesame export to China increased by 46%. Sesame experts from China and Pakistan have chosen and exchanged seeds for crop breeding, and future collaboration on sesame planting and harvesting is planned within the framework of CPEC. “In November, the Ayub Agriculture Research Institute (AARI) in Faisalabad […]

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 […]

The Finance Minister and the Chinese Envoy discuss the CPEC and bilateral relations

ISLAMABAD: Senator Mohammad Ishaq Dar, federal minister for finance and revenue, met with Donald Blome, the US ambassador to Pakistan, and Nong Rong, the ambassador of the People’s Republic of China, on Friday. The Finance Ministry said Senator Mohammad Ishaq Dar, the federal minister for finance and revenue, had a visit from US Ambassador to […]

CCP suggests actions to boost effectiveness along 10 food commodities’ value chains

ISLAMABAD, Oct. 29: The Competition Commission of Pakistan (CCP) has finished a draught study to address market distortions and encourage efficiency and competition in the value chain of ten essential food commodities, including onion, edible oil and ghee, potato, poultry, wheat, sugar, milk, rice, tomato, and pulses. A typical household spends 63% of its monthly […]

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 […]