Gwadar mega development projects ‘progressing steadily’ By: APP on October 24, 2021Chairman China Overseas Port Holding Company (COPHC), Zhang Baozhong said that Gwadar multiple mega projects underway with the investments of Chinese and Pakistani investors and various social sector schemes are progressing well. With investments made by Chinese and Pakistani investors, Gwadar has multiple mega projects underway which include the Gwadar Free Zone, New Gwadar International […]
Asad Umar hails US-DFC for continuing investments in Pakistan By: APP on October 24, 2021Federal Minister for Planning, Development, Reform and Special Initiatives Asad Umar on Saturday appreciated the United States International Development Finance Corporation for its longstanding interest and continued investments in Pakistan. He noted that with its expanded portfolio and available flexibilities, DFC could play an important role in financing public sector and public-private partnership projects in […]
Digital payments remain on upward trajectory in FY21: SBP By: inp on October 24, 2021The State Bank of Pakistan (SBP) has released its Annual Payment Systems Review (PSR) for the fiscal year 2020-21, which shows strong growth in the space of digital financial transactions in the country, indicating the central banks continued pursuit for the development of a robust and efficient payments ecosystem in the country. According to the […]
PIA gets 2nd Airbus A320 on lease By: Agencies on October 24, 2021The second Airbus A320 recently acquired by the Pakistan International Airlines on lease landed at Islamabad International Airport on Saturday. According to the PIA spokesperson, the plane arrived in Islamabad from France. The A320 has been acquired on lease for six years which will formally be inducted in the PIA fleet in the next few […]
Bitcoin falls to $61,393 as cryptos turn bearish for third day By: Monitoring Desk on October 24, 2021The cryptocurrency market remained on downward trend for the third day in a row on Saturday, with the market capitalisation shedding 2.2 percent to reach $2.67 trillion as of 1330 hours GMT. Bitcoin, the largest cryptocurrency that hit $66,976 on Wednesday last – the highest ever level – faced further correction. Bitcoin shed 3.23 percent […]
Int’l Conference on China-Pakistan cooperation kicks off in Chengdu By: inp on October 24, 2021The 2021 International Conference on China-Pakistan Cooperation kicked off in Chengdu, Sichuan province China on Saturday. About 150 participants attended the conference online and offline, including Pakistani Ambassador to China Moin ul Haque, Chinese Ambassador to Pakistan Nong Rong, experts and entrepreneurs from China and Pakistan. The participants had an in-depth exchange on the cooperation […]
20 depts to highlight investment opportunities in Punjab at Dubai Expo on October 24, 2021Punjab Minister for Industries and Trade Mian Aslam Iqbal has said that 20 departments will participate in the Dubai Expo 2020 at different times to highlight the soft image of the country and investment opportunities in the province. Addressing a press conference on Saturday, Aslam further said that departments include industry and commerce, energy, agriculture, […]
USC to hire consultant to improve business, digitalisation By: Agencies on October 24, 2021The Utility Stores Corporation (USC) is hiring a change management consultant, as the state-owned retail chain is up for a major transformation with the focus on improving the core business processes and digitalisation through implementation of Enterprise Resource Planning (ERP). It is a major shift from the manual processes to automated, resulting in disruption at […]
Promotion of industries vital to strengthen economy By: Agencies on October 24, 2021Khyber Pakhtunkhwa Assembly Speaker Mushtaq Ahmad Ghani Saturday said the promotion of industries and local businesses was essential to strengthen national economy. He expressed these views while addressing the ground breaking of Industrial Association at Small Industry Estate at Abbottabad district. The speaker said that presently the country was burdened with a loan of 100 […]
Aramco aims net-zero carbon emissions by 2050 on October 24, 2021Saudi Aramco, the world’s largest oil-exporting company, aims to achieve an ambitious target of net-zero carbon emissions by 2050, its president and chief executive said hours after the kingdom said it aims to neutralise its emissions by 2060. There is a need to work on existing energy sources in parallel with investing in new sources, […]