ISLAMABAD, February 6 (INP): Agri technologies from China are contributing to Pakistan’s food security, Gwadar Pro reported on Monday. Pakistan is currently experiencing an economic crisis and one of the reasons is the recent worst flood, a flood that has shaken the basic life of Pakistan. Pakistan’s economy, especially life of the common people, is largely dependent on agriculture, so …
ISLAMABAD, Feb 6 (INP): Rashakai Special Economic Zone (SEZ) will start operation in March as construction advances, Gwadar Pro reported on Monday. According to the report, it a sunny day on the Rashakai SEZ project. With a white helmet on, Engr. Samee Ullah is on his routine inspection of the project site with Chinese colleagues, reviewing daily progress and …
JAKARTA, Feb 6 (AFP): Indonesia’s economic growth accelerated to a nine-year high in 2022 despite global uncertainty and a final-quarter slowdown, official data showed Monday, owing to soaring commodity prices and easing Covid-19 curbs. Indonesia was badly affected by the coronavirus pandemic, with its exports and tourism-reliant economy taking a massive hit in 2020 as GDP shrunk by 2.07 …
ISLAMABAD, Feb 6 (EW): As the deadlock persists between Pakistan and the International Monetary Fund (IMF) over the huge fiscal gap, both sides will strive again on Monday (today) to continue the technical-level talks. The policy-level talks between both parties, which were to begin today, will kickstart on Tuesday (tomorrow). As per the Fund’s assessment, Pakistan faced a primary deficit …
ISLAMABAD, February 6(INP): China is a potentially big market for Pakistani potato, because the price of potato in China is higher, especially from January to April every year. Gwadar Pro quoting Syed Ijaz ul Hassan, director of Potato Research Institute Sahiwal reported. ” We can say that potatoes are cultivated and harvested in Pakistan in some form around the …
ISLAMABAD, Feb 6 (INP):Chinese companies occupied the top four spots in the list of top ten phone manufacturers in Pakistan in 2022, as per the latest statistics from the Pakistan Telecommunication Authority (PTA), according to a report published by Gwadar Pro. Chinese companies have assembled/manufactured a major portion of 21.94 million phones locally produced in Pakistan in 2022. Itel …
WUHAN (China) Feb. 2 (INP): The project “Assessment and Regulation Mechanism of Climate Change Impacts on Water-energy-food Linkages in typical Regions of China and Pakistan”, jointly submitted by Chinese and Pakistani research institutes, has been successfully approved recently, according to China Economic Net (CEN). As an international (regional) cooperation and exchange project under China’s National Natural Science Foundation, it was …
ISLAMABAD, February 1 (INP): The International Monetary Fund (IMF) forecasted that Pakistan’s economy will grow by 2.0 percent in FY2023, 1.5 percent lower than what it projected in the October 2022 World Economic Outlook (WEO), according to a report, received by Gwadar Pro from its correspondent in Washington. Also the IMF projected the country’s economic growth to 4.4 percent …
Barrick Gold Corporation has paid the first $3 million to the Balochistan provincial government as part of the new Reko Dig agreement, said the company in a press release. Barrick shared that after the completion of legal process last month, the Balochistan government and the company agreed on a timetable for the disbursement of the committed funds to the …
ISLAMABAD, Jan 31 (INP): China-Pakistan small hydropower cooperation is injecting energy into Pakistan’s green economic development, said Wang Chunping, chairperson of Heroboss Technology group, in an interview with China Economic Net (CEN). He said, the development of small-scale hydropower can not only solve the problem of electricity consumption of local residents, but also help in developing small local industries, increasing …
