ISLAMABAD, April 26 (EW): Chinese Charge d’Affaires Pang Chunxue assured Minister for Finance and Revenue Ishaq Dar Tuesday of her government’s continued support to Pakistan. Highlighting the deep-rooted historical relations between the two countries, Dar appreciated the Chinese support for Pakistan and underscored the need to deepen the existing ties in the economy and trade, as well as financial …
LAHORE, April 26 (EW): Prime Minister Shehbaz Sharif has summoned a meeting of the ruling alliance today (Wednesday) before negotiations with the Pakistan Tehreek-e-Insaf (PTI) on the Supreme Court’s directions. Party sources said the top leadership of the ruling Pakistan Muslim League-Nawaz (PML-N) and its allied parties along with their legal wizards were expected to participate in the meeting …
KHARTOUM, April 26 (Reuters): Fighting flared anew in Sudan late on Tuesday despite a ceasefire declaration by the warring factions, as a UN envoy said the truce was partially holding even though there was no sign that the two sides were ready for serious talks. The Sudan Armed Forces (SAF) and paramilitary Rapid Support Forces (RSF) agreed to a 72-hour …
Lahore, April 26 (AFP): Pakistan and New Zealand contest a five-match one-day series starting on Thursday in Rawalpindi which serves as crucial build-up to the World Cup. The series offers both sides the opportunity to feel out each other’s strengths and weaknesses ahead of the World Cup in India in October-November. The Black Caps shocked the home side by …
ISLAMABAD, Apr. 25 (INP): A significant development at the blockade in the tail race tunnel of the 969MW-Neelum Jhelum Hydropower Project (NJHP) was achieved on Eid day, as the tunnel collapse of 150 feet length was restored. To witness the construction activities on the remedial works, Chairman WAPDA Engineer Lt Gen Sajjad Ghani (Retd) visited NJHP on the second …
BEIJING, April 26 (INP): Fragility of the US banking system also affected the Pakistani banking industry, leading to further non-performing loans and poor credit underwriting. The latest Global Financial Stability Report (GFSR) released by the International Monetary Fund (IMF) has warned about the risks in the global economy, particularly the fragility of the US banking system. According to a report …
ISLAMABAD, Apr. 21 (INP): POWERCHINA has completed Phase-I of the upstream cutoff wall of the Diamer Basha Dam Project (DBDP), which creates a favorable condition for the river diversion and closure, Gwadar Pro reported on Friday quoting a statement issued by the Chinese company. As per details, the wall is made of plastic concrete, with an axial length of …
ISLAMABAD, Apr. 21 (INP): Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) President Moazzam Ghurki stressed for utilization of Pakistan’s coal reserves to meet the country’s growing needs in power sector. During a think-tank session here at the PCJCCI secretariat, he maintained that coal was most widely used for cheap electricity generation and currently 36 percent of world’s electricity …
ISLAMABAD, Apr. 20 (INP): Research institutes in Pakistan and China are working together on the reuse of organic waste in Pakistan. “We aim to install the first pilot scale project on campus, utilizing the campus food waste”, Dr. Farrukh Raza Amin, Assistant Professor at Department of Chemistry, COMSATS University Islamabad (CUI) told China Economic Net (CEN). For over two …
ISLAMABAD, April 19th (INP): Moazzam Ghurki, President Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) called for utilization of local coal reserves of Pakistan on Wednesday at PCJCCI Secretariat. He cited that coal is the most widely used cheap electricity producing source, which is currently generating 36 percent of world’s electricity. During a think-tank session here at PCJCCI …