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International News

CPEC contributes to socio-economic progress in Pakistan: KASB Group

By Editor Economic Watch
October 12, 2023
in :  International News

ISLAMABAD, Oct 12 (INP): “Generally, the Chinese side has always wanted that Pakistan must grow and must develop using the advantage of China-Pakistan Economic Corridor (CPEC). It would become a new engine for the economic development of Pakistan,” Chairman of KASB Group, Nasir Ali Shah Bukhari, said on Thursday, according to Gwadar Pro. Speaking at the event “10 Years of …

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International News

CPEC not a debt trap or a roll booster for Pakistan: Report 

By Editor Economic Watch
October 12, 2023
in :  International News

ISLAMABAD, Oct 12 (INP): “China’s CPEC has dragged Pakistan into a quagmire of debt,” recently, such a cliché has flooded with Western media discourse, one more time, making someone question this flagship project under the Belt and Road framework. Statistic from the newest KTrade Securities Limited (KASB) report showed that Pakistan’s external public debt was recorded at USD 84.1 billion …

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International News

China, Pakistan deepening all-round cooperation: White Paper

By Editor Economic Watch
October 11, 2023
in :  International News

BEIJING, Oct. 11 (INP): Over the past decade, BRI cooperation has delivered real gains to participating countries, said a white paper released by China’s State Council Information Office, China Economic Net (CEN) reported on Wednesday. “It has been welcomed by the international community both as a public good and a cooperation platform, and has achieved solid results,” the paper noted. …

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International News

Chinese University organises workshop on textile management in Pakistan

By Editor Economic Watch
October 11, 2023
in :  International News

ISLAMABAD, Oct 11 (INP): China’s Wuhan Textile University inaugurated a two-week seminar on textile management in Pakistan. The seminar is sponsored by China’s Ministry of Commerce and supported by the education and commerce departments of Hubei province. As many as 40 industry professionals from Pakistan are participating in the workshop, Gwadar Pro reported on Wednesday. The workshop aims to share …

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International News

MoU signed to electrify New Gwadar International Airport

By Editor Economic Watch
October 11, 2023
in :  International News

Islamabad, Oct 11 (INP): To provide electricity to the new Gwadar International Airport (NGIA) through the national grid, a Memorandum of Understanding (MoU) has officially been signed between the Pakistan Civil Aviation Authority (PCAA) and Quetta Electric Supply Company (QESCO). Under the MoU, approximately 12 MW of electricity will be provided to the New Gwadar International Airport by October 17, …

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International News

PSX announces recipients of top 25 companies Awards 2022

By Editor Economic Watch
October 10, 2023
in :  International News

Islamabad, October 10 (INP): In an exciting development for the capital markets and the economy as a whole, Pakistan Stock Exchange announces the much awaited awardees list of the Top 25 Companies Awards recipients for the year 2022. These are the most prestigious and coveted awards in the corporate sector and were initiated by the Exchange in the year 1978. …

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International News

POWERCHINA unveils job opportunities for locals at DBDP

By Editor Economic Watch
October 10, 2023
in :  International News

GILGIT, Oct.10, (INP): In a remarkable display of commitment to the local community, POWERCHINA, the contractor of the Diamer Basha Dam Project (DBDP), has announced the creation of 122 new job opportunities right at the DBDP site. This latest development not only underscores POWERCHINA’s dedication to the project but also promises to bolster employment prospects for the local population, Gwadar …

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International News

Pakistan- China Glass Manufacturing Unit starts operations in SEZ Faisalabad

By Editor Economic Watch
October 10, 2023
in :  International News

ISLAMABAD, Oct 10 (INP): Deli-JW Glassware, a manufacturing unit established through collaboration between China’s Anhui Deli Household Glass Co Ltd. and Pakistan’s JW SEZ Group, has commenced operations in M-3 industrial city (FIEDMC) Faisalabad. According to Javed Afridi, CEO of Haier and Ruba Pakistan, the company has officially begun operations in Pakistan, generating manufacturing and construction jobs with an investment …

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International News

Progress on CPEC projects in Gwadar reviewed

By Editor Economic Watch
October 10, 2023
in :  International News

ISLAMABAD, October 10 (INP): The Caretaker Minister for Planning Development & Special Initiatives Muhammad Sami Saeed on Tuesday reviewed progress over China-Pakistan Economic Corridor (CPEC) projects in Gwadar while directing the ministries and divisions to further accelerate the work. The Minister gave these directions while chairing a meeting to review the progress over CPEC projects in Gwadar. The meeting was …

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International News

HEC launches Scholarship Program for students from Gwadar

By Editor Economic Watch
October 9, 2023
in :  International News

ISLAMABAD,  Oct. 9 (INP): The Higher Education Commission (HEC) of Pakistan has launched an initiative aimed at empowering the youth of Gwadar with contemporary education and essential skills. This program is designed to support exceptional students from Gwadar who aspire to pursue undergraduate studies (BS-4/5 years Program) at HEC-recognized public sector universities and degree-awarding institutions (DAIs) located in the provinces …

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Latest News

  • Commissioning of Central Control of New Gwadar Airport completed
  • Pakistan’s e-commerce revenue expected to reach USD 5 billion in 2024
  • Chinese companies bring advanced solar technology and expertise to Pakistan: Report 
  • Locally manufactured phones meet 94% of Pakistan’s demand
  • 43 Pakistanis win CPEC’s awards for outstanding performance  

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