June 08, 2025

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Editor Economic Watch

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Qasim to lead Pakistan Shaheens at Asian Games in Hangzhou

By Editor Economic Watch
August 25, 2023
in :  Latest, Sports

  ISLAMABAD, Aug 25 (INP): The Pakistan Cricket Board (PCB) confirmed that all-rounder Qasim Akram has been chosen to lead the Pakistan Shaheens at the 19th Asian Games in Hangzhou, China. The T20 format event is scheduled from 28 September to 7 October. The 20-year-old Qasim has participated in 20 first-class matches and 40 T20 matches. He also led the …

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Latest

Security agencies foil hacking attempts targeting govt officials

By Editor Economic Watch
August 25, 2023
in :  Latest

  The Prime Minister’s Office (PMO) on Friday revealed that security agencies have foiled hacking attempts targetting senior government officials’ mobile phones to obtain sensitive information. A statement released by the PMO maintained that hackers posing as senior government officials and bureaucrats were trying to obtain information through mobile hacking links on WhatsApp. The PMO has instructed all government officials …

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Latest

One year on from floods, millions of Pakistani children still need urgent support, warns UNICEF

By Editor Economic Watch
August 25, 2023
in :  Latest

  Millions of children in Pakistan remain in need of humanitarian assistance and access to essential services, as the country still teeters with the effects of historic floods which devastated Pakistan last year, warned the United Nations Children’s Fund (UNICEF) on Friday. The UN agency, in a statement, said the recovery and rehabilitation efforts remain underfunded. UNICEF estimates there are …

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International News

Japan’s ‘Moon Sniper’ mission looks to match Indian success

By Editor Economic Watch
August 25, 2023
in :  International News, Latest

    Hot on the heels of India’s historic  lunar landing, Japan’s space programme is hoping to rebound from a string of setbacks next week with the launch of its own mission: “Moon Sniper”. The rocket will carry a lander expected to reach the Moon’s surface in four to six months as well as an X-ray imaging satellite designed to …

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Business

Export started from SEZ Allama Iqbal Industrial City

By Editor Economic Watch
August 25, 2023
in :  Business

  ISLAMABAD, Aug. 25 (INP):  Export has started from the Special Economic Zone (SEZ) called Allama Iqbal Industrial City (AIIC) in Punjab. Chinese Company Green Crockery blazed the trail by exporting crockery valuing Rs. 10 million to the UK. Talking to Gwadar Pro, Green Crockery CEO Zhang Qi said that using top-notch international technology fused with traditional Chinese techniques, a variety of crockery stuff is being manufactured in the industrial unit established in 2022 at AIIC. The production was started nine months ago, he added. Green Crockery Export Manager Shaukat Abass Maken said “on the heel of exporting crockery to the UK, two more exports are set to begin in the first month of September.” “We have received another order from another big company. After samples are approved, it might be a mega export order,” he added. Spreading over 10 acres, he said, Green Crockery has been providing job opportunities to more than 1,500 workforce. Chinese professional and technicians, he said, are working with Pakistani workers in crockery-making business. With this combination, Chinese experts have been training Pakistan’s human resource and transferring technology to the local people, he added. The proportion of female employees in the company stands at 20 per cent which has been on the rise gradually, he added. Now instead of importing from China which inflates Pakistan’s import bill, Pakistani traders and businessmen can place their orders here in Chinese companies like Green Crockery at Allama Iqbal Industrial City (AIIC). Another official of Green Crockery said that AIIC enjoys incentives such as waiver of customs duties and 10-year tax holidays for investments, which are very lucrative to both foreign and local investors. “Under the Special Economic Zones Act 2012, Punjab has established 10 SEZs to present the province and attract FDI via the provision of a facilitative, business-friendly institutional, legal and infrastructural ecosystem. The creation of SEZs promotes the ease of doing business, furthering the goals of economic development and poverty alleviation,” he said. AIIC, inaugurated in January, 2020, is strategically located just opposite the M-3 Industrial City SEZ and interconnected through flyover at Sahianwala Interchange, Motorway M-4, Faisalabad.

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Latest

Fukushima nuclear waste water will reach the Indian Ocean in 2400 days

By Editor Economic Watch
August 25, 2023
in :  Latest

  Islamabad, Aug 24 (INP): The macroscopic simulation results of the dispersion model for radioactive substances on an oceanic scale indicate that the wastewater from the Fukushima nuclear power plant will spread through the northern waters of Australia and reach the Indian Ocean after a period of 2400 days, China Economic Net (CEN) reported on Friday quoting experts. In response …

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Latest

High level flood in Sutlej puts several villages at risk

By Editor Economic Watch
August 25, 2023
in :  Latest

  BAHAWALANAGAR, ARIFWALA (Dunya News) – High flood in Sutlej river submerged different settlements in Arifwala, Bahawalanagar and Chishtian on Friday and now the river belt of Lodhran is also on the verge of flooding. As many as 40 villages and hundreds of settlements are expected to be affected due to rapid increase in water flow at Melsi Siphon point …

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Latest

Chinese companies to import more meat from Pakistan

By Editor Economic Watch
August 25, 2023
in :  Latest

  Islamabad, August 24 (INP): Chinese companies are to import more meat from Pakistan, said Umair Ahmad Khan, representative of Hardoi Livestock and Meat Company. “These days, the volume of meat export is about to go up after China allowed Pakistani meat to be imported. The Chinese government has given some specifications and standard operating procedures for boiled and heat-treated meat,” he …

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Latest

Collaborative productions a gateway for filmmakers enter into Chinese film market

By Editor Economic Watch
August 25, 2023
in :  Latest

  ISLAMABAD, Aug. 23 (INP): Collaborative productions will be a gateway for Pakistani filmmakers to enter into China’s film market, said Jamal Shah Caretaker Federal Minister for National Heritage & Culture. “The Pakistani film industry needs substantial support; and assistance from China holds significant value, especially given China’s emergence as the largest film market globally. With over 70,000 cinema screens within China, …

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Latest

PAF-IAST and Chinese University to jointly launch BSc technology program 

By Editor Economic Watch
August 25, 2023
in :  Latest

  ISLAMABAD,  Aug 23 (INP): The Pak-Austria Fachhochschule, Institute of Applied Sciences and Technology (PAF-IAST) has invited applications for admissions in the BSc Mechanical Engineering Technology in collaboration with Chengdu University of China. This program marks the Institute’s first technology offering, launched within the Department of Mechanical and Manufacturing Engineering, as stated on August 21. It’s a joint degree program …

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