Thar coal key to resolve future energy needs of the country Realizing the pinch of acute energy shortages, the present government has assigned top priority to different energy projects both in the public and private sector under Pakistan-China Economic Corridor package. Responding to the government policy, Engro Powergen Limited (EPL) signed a joint venture agreement with China Machinery Engineering Corporation (CMEC) for development of 2 x 330 MW coal …
Read More »Prolific Pak-China relationship
With the recent visit of US President Barrack Obama in New Delhi on the Republic Day parade in India and with the nation wanting to align its policies similar to Washington has created unease for not only Pakistan but for China as well. However news of the Chinese President, Xi Jinping to be the chief guest at the March parade in Pakistan this year has been received quite warmly. …
Read More »Pak-China cooperation in infrastructure projects
In November 2014, Pakistan and China signed 19 agreements and Memorandum of Understandings (MoUs) to further boost the bilateral ties between the two countries in various fields, including energy and basic infrastructure sectors. Earlier a meeting between Prime Minister Nawaz Sharif and his Chinese counterpart was held in Beijing where both the leaders discussed bilateral relations and the regional situation. The agreements signed between the two countries include solar …
Read More »Pakistan economic outlook
It is often said that Pakistan suffers from ‘confidence deficit’ as the public at large doesn’t have confidence in the policies or statement released about state of the economy of the country. A lot of content pertaining to economic performance released by the Government of Pakistan (GoP) is not taken very seriously. However, the experts prefer to read opinions of the World Bank, International Monetary Fund (IMF) and Asian …
Read More »Global remittances business
Over the years increase in remittances received in Pakistan has become a talking point. The successive governments take credit of this increase but when compared with other countries, Pakistan’s share look miniscule. While it is true that Pakistani’s are hard working, the negative image of the country often becomes the biggest hurdle. Added to this is the role being played by agents operating in Pakistan, taking the people on …
Read More »Global food chains dominating Pakistan’s fast food industry
Fast food industry in Pakistan is likely to take an escalated boom this year The fast food industry in Pakistan is undergoing an escalated boom. Despite fierce economic competition, country’s this industry has managed to generate strong profits and is well-received by the local masses as well. Recent statistics have revealed that fast food industry is the second largest in Pakistan. Not only that, but this sector also accounts …
Read More »Demand for foreign brands on the rise in Pakistan
The entry of foreign retail franchises into Pakistan is testament to the enhanced demand of foreign brands among local consumers. The local market already has the presence of leading international fast food franchises and consumer brands, which are successfully doing their business in the country. Despite security concerns in Pakistan, the country has witnessed an influx of foreign retail brands. It is a fact that international brands are making …
Read More »Pakistan’s budding craft business and products need more logistic support
Handicraft sector of Pakistan has the prospective to bring in huge foreign exchange provided it is promoted through logistic support by the government. Through fairs and exhibitions, handicraft can play pivotal role in economic turnaround of the country. It can help attract foreign buyers and bring in much needed foreign exchange to the country. Germany and China economies are prospering today because of their own trade fairs and exhibitions …
Read More »Are we on the path of basic ideology of Pakistan?
Need stressed for reviving the spirit of Pakistan Movement Pakistan came into being on the August 14, 1947, after a long struggle under the leadership of Father of the Nation Quaid-e-Azam Mohammad Ali Jinnah. With Quaid’s deep vision, indomitable will, intelligence, dedication and courage, whom we Pakistanis call Quaid-e-Azam (the great leader), united the Muslims of the Indian Sub-continent under the banner of Muslim League. The golden principles Quaid-e-Azam …
Read More »Pakistan remains a land of high adventure with natural glamour
Country needs quick reform measures to attract more tourists Pakistan is endowed with a rich and varied flora and fauna. High Himalayas, Karakoram and the Hindukush ranges with their alpine meadows and permanent snow line, coniferous forests down the sub-mountain scrub, the vast Indus plain merging into the great desert, the coast line and wetlands, all offer a remarkably rich variety of vegetation and associated wildlife including avifauna, both …
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