May 15, 2025

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Home Business (page 7)

Business

Pak-China welding school help locals lighten up future

By Editor Economic Watch
in :  Business
10 Aug 2023

  KARACHI, Aug. 10 (INP): A Karachi-based “Welding School” under the Greater Karachi Water Supply Scheme – also known as K-IV – has trained several technical talents locally, helping the locals receive both training and jobs. According to the school, it was jointly launched by Pakistan Water and Power Development Authority (WAPDA) and China Communications Construction Company Limited (CCCC) and each training …


Pakistan’s rice export to China surpassed USD 455 million 

By Editor Economic Watch
in :  Business
9 Aug 2023

  ISLAMABAD, Aug. 9 (INP): Pakistan’s rice export to China in 2022 surpassed USD 455 million with a volume of more than one million tonnes, for the first time between China-Pakistan rice trade, said Ghulam Qadir Commercial Counsellor. “China’s imports of Semi or wholly milled rice (Commodity Code: 10063020) from Pakistan touched USD 211.88 million, while two kinds of Broken …


Agriculture has potential to ease country’s economic woes: official

By Editor Economic Watch
in :  Business
9 Aug 2023

ISLAMABAD, Aug. 08 (INP) – Well-functioning economic sectors ensure smooth and efficient transactions, which in turn encourage long-term growth and stability, officials said. “Enhancing the competitiveness of economic sectors, including agriculture, industry, and services, requires the adoption and implementation of prudent measures,” Asim Saeed, Member of Planning Commission of Pakistan, said at an event organised in the federal capital to …


Pakistan catching ride on global Electric vehicles boom

By Editor Economic Watch
in :  Business
9 Aug 2023

  Islamabad,  August 8 (INP):  Pakistan catching ride on global Electric vehicles (EV) boom. Statistics from International Energy Agency (IEA) show that in 2022, one in every seven passenger cars bought worldwide was an EV as compared with one in every 70 just five years earlier. Last year, EV sales rose by 55%, reaching a total of 10.5 million, according to the EV Volumes sales database. Pakistan, in its timely joining the trend, is ramping up cooperation with international EV giants to amplify its own competence. Last month, Automobile brand Huazi Green Energy, a joint Pakistan. China venture, …


Third workshop on Regulatory Reforms held to provide conducive business environment 

By Editor Economic Watch
in :  Business
7 Aug 2023

ISLAMABAD, August 7 (INP): Insights received from public and private sector stakeholders The third workshop on “Regulatory Reforms through Principle Based Regulatory Framework” for Industries, Climate and Agriculture & Food sectors, organized by Board of Investment under the umbrella of Pakistan Regulatory Modernization Initiative PRMI held at a local hotel in Islamabad. The workshop was actively attended by large number …


Chinese company selects Pakistani partner for red chilli export

By Editor Economic Watch
in :  Business
7 Aug 2023

  ISLAMABAD, Aug. 7 (INP): Litong Food, a Chinese company, chose Guard Agricultural Research and Services, Pakistan as its partner under China-Pakistan Economic Corridor (CPEC) for the export of red chilli cultivated in Pakistan with Chinese collaboration on a buyback policy. This decision follows the signing of a memorandum of understanding on the protocol of phytosanitary during a visit by Chinese …


Pakistani and Chinese companies signed MoC to foster agriculture and education

By Editor Economic Watch
in :  Business
7 Aug 2023

  BEIJING, Aug 7 (INP): Pakistani and Chinese companies signed Management of Change (MoC) to foster agriculture and education, Gwadar Pro reported on Monday. According to the report, Belt & Road Consultants (Pvt) Ltd (BRC) from Pakistan and HUAZHN International Group – Run Zheng Fanghua(Qingdao) Co.Ltd from Shandong, China, proudly announced the formation of a groundbreaking partnership aimed at driving transformative change in …


Pakistan, China to set up joint lab for crop pest management

By Editor Economic Watch
in :  Business
7 Aug 2023

  BEIJING, Aug. 5 (INP): University of Agriculture, Faisalabad (UAF) and Institute of Plant Protection, Chinese Academy of Agricultural Science (IPPCAAS) signed here a Letter of Intent for establishing Pakistan-China joint laboratory for crop pest management. The two sides will kick start the operation of the joint laboratory and carry out tests, demonstrations and joint research on integrated disease control …


China provides Pakistan an excellent opportunity opens up new markets

By Editor Economic Watch
in :  Business
4 Aug 2023

  BEIJING, Aug. 4 (INP): Pakistan has an enduring practice of producing high-quality sports goods, including footballs, basketballs, volleyballs cricket equipment, and other sports accessories. Experts believe that the country’s skilled artisans are renowned for their expertise in this field. Despite its superb craftsmanship and a large pool of workers, the industry’s poor access to international markets has hampered its …


Chinese sesame testing farm ready for harvest in Pakistan

By Editor Economic Watch
in :  Business
4 Aug 2023

  Islamabad, Aug. 3 (INP): China Machinery Engineering Corporation (CMEC) established a sesame testing farm near Lahore and is expecting their first sesame harvest next week. The trial yield will be 850-1000 kg per acre. The company has started cultivation of 20 acres of sesame for testing purposes and performance. The testing farm started early this year will boost innovative …


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