June 09, 2025

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International News

Pak-China MoU signed to protect thousand-yr-old rock carving art

By Editor Economic Watch
August 22, 2023
in :  International News

    BEIJING, Aug. 22 (INP): With the theme of Cave Temple Conservation in the Context of Climate Change, the first International Forum on Cave Temple Conservation was launched in Chongqing Municipality, China Economic Net (CEN) reported on Tuesday. The event was held in the Baoding Mountains, whose carvings were made during Southern Song Dynasty (1127-1279) are regarded an important …

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MoU inked between QAU and Linyi University

By Editor Economic Watch
August 22, 2023
in :  Latest

  ISLAMABAD, Aug. 22 (INP)- The Quaid-i-Azam University (QAU), Islamabad has signed a Memorandum of Understanding (MoU) with China’s Linyi University. The collaboration aims to establish a Faculty of Computing & Technology and a Science & Technology Park at the QAU, says a statement, according to Gwadar Pro. Prof. Dr. Niaz Ahmad Akhtar, Vice Chancellor, QAU and representative from the …

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Business

COPHC chairman brands Gwadar as CPEC’s pivotal axis

By Editor Economic Watch
August 22, 2023
in :  Business

  GWADAR, Aug. 22 (INP): The China Overseas Port Holding Company (COPHC) Chairman, Yu Bo, has termed Gwadar port as pivotal axis of CPEC. He made these remarks during his median meeting held at the Lahore Chamber of Commerce and Industry (LCCI) while shedding light on the transformative progress of Gwadar under the China-Pakistan Economic Corridor (CPEC). He showcased avenues …

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International News

Italy detains migrant rescue ship ‘over port dispute’

By Editor Economic Watch
August 22, 2023
in :  International News, Latest

ROME: Italian authorities have detained a migrant rescue ship for 20 days after it disobeyed an order about where to disembark its passengers, the charity which operates the vessel said on Monday. The 14-metre ex-lifeboat Aurora picked up 72 people in distress in the central Mediterranean on Friday, and was told by Italian authorities to take them to the Sicilian …

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Damage to Jaranwala churches, homes estimated at Rs67m

By Editor Economic Watch
August 22, 2023
in :  Latest

  TOBA TEK SINGH: Interim Prime Minister Anwaarul Haq Kakar on Monday visited Jaranwala, days after violent mpbs destroyed dozens of houses and churces over allegation of blasphemy  to express solidarity with the Christian community and distribute compensation cheques among families whose houses were burnt down by the frenzied mob. According to estimates compiled by Faisalabad’s district administration, at least …

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Govt report notes borrowing is productive if it creates income-generating assets

By Editor Economic Watch
August 22, 2023
in :  Latest

    ISLAMABAD, August 22  (EW): Pakistan inked new agreements for $7.228 billion loan with development partners during the July-March period of 2022-23, says a latest official report which also noted that the borrowing could be productive for economic growth in developing countries if the returns were higher than the cost. The report “Third Quarterly Report on Foreign Economic Assistance …

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Pakistan drafts plan to reduce power sector circular debt

By Editor Economic Watch
August 21, 2023
in :  Latest, Latest News

  ISLAMABAD/LAHORE (Dunya News/Web Desk) – As Pakistan’s power sector faces a serious crisis amid the rising cost of generation, higher tariffs and line losses, the government has prepared a plan to reduce the circular debt – thus meeting a major IMF (International Monetary Fund) demand. The IMF has made introduction of reforms, reduction in circular and increase in electricity …

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Business

Pakistani mangoes carve out a niche at int’l expo

By Editor Economic Watch
August 21, 2023
in :  Business, Latest

  BEIJING, Aug. 21 (INP): Products from all around the world shined at the 2023 (China) Eurasia Commodity and Trade Expo held in Xinjiang, China, attracting a great number of customers. Among these commodities outstood Pakistani mangoes due to their unique flavor. Pakistani mango varieties from Multan, Punjab such as Sindhri, Chaunsa, Anwar Ratol and so on caught the eye of visitors on site. According to China Economic Net (CEN), this year 12 suppliers with 30 tons of mangoes joined the expo to carve out a niche in Xinjiang and even a larger area. Also customers can purchase these Pakistani mangoes online and have them delivered directly to their homes. At present, Pakistani mangoes are showcased at Pakistan’s Online National Pavilion on China’s leading e-commerce platform JD.com (Jingdong), and consumers can place orders online. Scheduled from August 17 to 21, the 5-day event kicked off in Urumqi, the capital city of Xinjiang Uygur Autonomous Region, China, with a focus on trade promotion. It is worth mentioning that a Pakistan Mango Festival is held from August 17 to 21 as a side exhibit of the expo. Themed “Promoting the Silk Road Spirit, Strengthening Eurasian Cooperation”, this year’s expo covers an exhibition area of 70,000 square meters and attracted over 1,300 businesses from 40 countries and regions, including 25 of the world’s top 500 companies, according to the organizers of the event.

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China to Fully Exploit Khunjrab-Sost-Kashgar Border Market Potential

By Editor Economic Watch
August 21, 2023
in :  Latest

XINJIANG, China: Secretary of the Communist Party of China, Xinjiang Uyghur Autonomous Regional Committee, Ma Xingrui reaffirmed his government’s firm determination to fully exploit the potential of the Khunjrab-Sost-Kashgar border market. He was speaking to a Pakistani delegation comprising former federal minister Ahsan Iqbal, Senator Mahmood-ul-Hassan and officials of the Pakistani embassy, in Urumqi. The meeting was also attended by …

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Punjab districts reel under severe Sutlej flood effects despite slight dip in level

By Editor Economic Watch
August 21, 2023
in :  Latest

  KASUR: Despite a slight reduction in the River Sutlej water levels on Sunday, an extremely high-level flood continued to devastate villages in Kasur and Chunian. As per the district administration’s report, the flood has impacted 186 villages so far—96 in Kasur and 84 in Chunian. The downstream water flow of the Sutlej at Ganda Singh registered 208,973 cusecs on …

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Latest News

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