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Saturday, December 7, 2019
Daily Business World
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    Asian Development Bank approves $1b to strengthen Pakistan’s economy

    Asian Development Bank approves $1b to strengthen Pakistan’s economy

    Regular all-cargo air service begins between Chinese city Lanzhou and Lahore

    Regular all-cargo air service begins between Chinese city Lanzhou and Lahore

    Saudi Arabia, Russia look to seal deeper output cuts with producers

    Saudi Arabia, Russia look to seal deeper output cuts with producers

    Kuwait asks Balochistan government to conduct CPEC conference for business community

    Kuwait asks Balochistan government to conduct CPEC conference for business community

    SEZs to generate 575,000 direct and one million indirect jobs under second phase of CPEC

    SEZs to generate 575,000 direct and one million indirect jobs under second phase of CPEC

    Pakistan Refinery Limited offers 30 per cent shareholding to Chinese enterprises ready for JV

    Pakistan Refinery Limited offers 30 per cent shareholding to Chinese enterprises ready for JV

    Pakistan Stock Market fluctuates after crossing 40,000-level

    Pakistan Stock Market fluctuates after crossing 40,000-level

    BRI investment brings capital, technology and boost industries of the member countries: NDRC

    BRI investment brings capital, technology and boost industries of the member countries: NDRC

  • World
    Anniversary of Major Shabbir Sharif being observed

    Anniversary of Major Shabbir Sharif being observed

    AJK Cabinet slams continuous curfew in IOJ&K

    AJK Cabinet slams continuous curfew in IOJ&K

    Verdict on PM’s acquittal in PTV attack case delayed

    Verdict on PM’s acquittal in PTV attack case delayed

    Asian Development Bank approves $1b to strengthen Pakistan’s economy

    Asian Development Bank approves $1b to strengthen Pakistan’s economy

    Regular all-cargo air service begins between Chinese city Lanzhou and Lahore

    Regular all-cargo air service begins between Chinese city Lanzhou and Lahore

    ‘Kamyab Jawan Programme’ loan PM Imran Khan to distribute cheques among youths

    ‘Kamyab Jawan Programme’ loan PM Imran Khan to distribute cheques among youths

    Retired J.Altaf Ibrahim takes oath as acting chief election commissioner

    Retired J.Altaf Ibrahim takes oath as acting chief election commissioner

    Justice Gulzar admonishes development authorities for ruining Islamabad

    Justice Gulzar admonishes development authorities for ruining Islamabad

    NAB challenges Maryam’s bail in top court, wonders if LHC had fallen in error

    NAB challenges Maryam’s bail in top court, wonders if LHC had fallen in error

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      Regular all-cargo air service begins between Chinese city Lanzhou and Lahore

      Regular all-cargo air service begins between Chinese city Lanzhou and Lahore

      Kuwait asks Balochistan government to conduct CPEC conference for business community

      Kuwait asks Balochistan government to conduct CPEC conference for business community

      SEZs to generate 575,000 direct and one million indirect jobs under second phase of CPEC

      SEZs to generate 575,000 direct and one million indirect jobs under second phase of CPEC

      Pakistan Refinery Limited offers 30 per cent shareholding to Chinese enterprises ready for JV

      Pakistan Refinery Limited offers 30 per cent shareholding to Chinese enterprises ready for JV

    • Technology
      China to launch first 5G automatic micro-bus on October 20

      China to launch first 5G automatic micro-bus on October 20

      Samsung plans to invest $11 billion in cutting-edge quantum dot displays

      Samsung plans to invest $11 billion in cutting-edge quantum dot displays

      Uber to buy Chile’s Cornershop as it sets sights on delivering groceries

      Uber to buy Chile’s Cornershop as it sets sights on delivering groceries

      TCL electronics becomes No. 1 Smart TV brand in Pakistan

      TCL electronics becomes No. 1 Smart TV brand in Pakistan

      Facebook’s Libra launch could be held over regulatory concerns: executive

      Facebook’s Libra currency abandoned by major financial companies

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        Ushna Shah’s remarks to pizza boy spark Twitter outrage

        Ushna Shah’s remarks to pizza boy spark Twitter outrage

        Kate Middleton stuns in traditional outfit, earrings by Pakistani brand

        Kate Middleton stuns in traditional outfit, earrings by Pakistani brand

        Mahira Khan shakes leg with Lebanese actress Daniella Rahme in Paris

        Mahira Khan shakes leg with Lebanese actress Daniella Rahme in Paris

        Abida Parveen is Jada Smith’s ‘spiritual mother’

        Abida Parveen is Jada Smith’s ‘spiritual mother’

        Katrina Kaif’s picture with sister Isabelle Kaif makes for a perfect sibling selfie

        Katrina Kaif’s picture with sister Isabelle Kaif makes for a perfect sibling selfie

        Atif Aslam wins over Indian fans with his Coke Studio’s ‘Wohi Khuda Hai’

        Atif Aslam wins over Indian fans with his Coke Studio’s ‘Wohi Khuda Hai’

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        • Home
        • Today’s Newspaper
        • Pakistan
        • Business
          Asian Development Bank approves $1b to strengthen Pakistan’s economy

          Asian Development Bank approves $1b to strengthen Pakistan’s economy

          Regular all-cargo air service begins between Chinese city Lanzhou and Lahore

          Regular all-cargo air service begins between Chinese city Lanzhou and Lahore

          Saudi Arabia, Russia look to seal deeper output cuts with producers

          Saudi Arabia, Russia look to seal deeper output cuts with producers

          Kuwait asks Balochistan government to conduct CPEC conference for business community

          Kuwait asks Balochistan government to conduct CPEC conference for business community

          SEZs to generate 575,000 direct and one million indirect jobs under second phase of CPEC

          SEZs to generate 575,000 direct and one million indirect jobs under second phase of CPEC

          Pakistan Refinery Limited offers 30 per cent shareholding to Chinese enterprises ready for JV

          Pakistan Refinery Limited offers 30 per cent shareholding to Chinese enterprises ready for JV

          Pakistan Stock Market fluctuates after crossing 40,000-level

          Pakistan Stock Market fluctuates after crossing 40,000-level

          BRI investment brings capital, technology and boost industries of the member countries: NDRC

          BRI investment brings capital, technology and boost industries of the member countries: NDRC

        • World
          Anniversary of Major Shabbir Sharif being observed

          Anniversary of Major Shabbir Sharif being observed

          AJK Cabinet slams continuous curfew in IOJ&K

          AJK Cabinet slams continuous curfew in IOJ&K

          Verdict on PM’s acquittal in PTV attack case delayed

          Verdict on PM’s acquittal in PTV attack case delayed

          Asian Development Bank approves $1b to strengthen Pakistan’s economy

          Asian Development Bank approves $1b to strengthen Pakistan’s economy

          Regular all-cargo air service begins between Chinese city Lanzhou and Lahore

          Regular all-cargo air service begins between Chinese city Lanzhou and Lahore

          ‘Kamyab Jawan Programme’ loan PM Imran Khan to distribute cheques among youths

          ‘Kamyab Jawan Programme’ loan PM Imran Khan to distribute cheques among youths

          Retired J.Altaf Ibrahim takes oath as acting chief election commissioner

          Retired J.Altaf Ibrahim takes oath as acting chief election commissioner

          Justice Gulzar admonishes development authorities for ruining Islamabad

          Justice Gulzar admonishes development authorities for ruining Islamabad

          NAB challenges Maryam’s bail in top court, wonders if LHC had fallen in error

          NAB challenges Maryam’s bail in top court, wonders if LHC had fallen in error

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          • Stocks
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            • Currencies
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          • Op-Ed
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          • CPEC
            Regular all-cargo air service begins between Chinese city Lanzhou and Lahore

            Regular all-cargo air service begins between Chinese city Lanzhou and Lahore

            Kuwait asks Balochistan government to conduct CPEC conference for business community

            Kuwait asks Balochistan government to conduct CPEC conference for business community

            SEZs to generate 575,000 direct and one million indirect jobs under second phase of CPEC

            SEZs to generate 575,000 direct and one million indirect jobs under second phase of CPEC

            Pakistan Refinery Limited offers 30 per cent shareholding to Chinese enterprises ready for JV

            Pakistan Refinery Limited offers 30 per cent shareholding to Chinese enterprises ready for JV

          • Technology
            China to launch first 5G automatic micro-bus on October 20

            China to launch first 5G automatic micro-bus on October 20

            Samsung plans to invest $11 billion in cutting-edge quantum dot displays

            Samsung plans to invest $11 billion in cutting-edge quantum dot displays

            Uber to buy Chile’s Cornershop as it sets sights on delivering groceries

            Uber to buy Chile’s Cornershop as it sets sights on delivering groceries

            TCL electronics becomes No. 1 Smart TV brand in Pakistan

            TCL electronics becomes No. 1 Smart TV brand in Pakistan

            Facebook’s Libra launch could be held over regulatory concerns: executive

            Facebook’s Libra currency abandoned by major financial companies

            Trending Tags

            • Lifestyle
              Ushna Shah’s remarks to pizza boy spark Twitter outrage

              Ushna Shah’s remarks to pizza boy spark Twitter outrage

              Kate Middleton stuns in traditional outfit, earrings by Pakistani brand

              Kate Middleton stuns in traditional outfit, earrings by Pakistani brand

              Mahira Khan shakes leg with Lebanese actress Daniella Rahme in Paris

              Mahira Khan shakes leg with Lebanese actress Daniella Rahme in Paris

              Abida Parveen is Jada Smith’s ‘spiritual mother’

              Abida Parveen is Jada Smith’s ‘spiritual mother’

              Katrina Kaif’s picture with sister Isabelle Kaif makes for a perfect sibling selfie

              Katrina Kaif’s picture with sister Isabelle Kaif makes for a perfect sibling selfie

              Atif Aslam wins over Indian fans with his Coke Studio’s ‘Wohi Khuda Hai’

              Atif Aslam wins over Indian fans with his Coke Studio’s ‘Wohi Khuda Hai’

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              CPEC’s extension to Middle and Far East is beneficial for the country, says AJK President

              WebDesk by WebDesk
              11/11/2019 06:44 PM
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              CPEC’s extension to Middle and Far East is beneficial for the country, says AJK President
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              MIRPUR (AJK): Azad Jammu Kashmir President Sardar Masood Khan has said the China Pakistan Economic Corridor (CPEC) would not only turn Pakistan into a global economic hub but the extension of this gigantic project up to Middle East and Fast East countries, may greatly benefit Pakistan in socio-economic terms. Addressing an international business conference held in Karachi on Sunday under the auspices of Pakistan-South East Asia Business Forum, he said that if 120 to 130 million youth of 212 million population of Pakistan are property trained, they can take Pakistan in a takeoff position within a few years, AJK Presidential Secretariat later said in a press statement issued. Terming youth population as an asset for Pakistan, Sardar Masood Khan said that the proper utilization of youth’s skill can change the fate of country and the nation. “The Pakistani youth in their individual capacity, had excelled in different sectors of life in different countries of the world, and have brought laurels for Pakistan,” he added. The AJK president said that if a Khan, Chaudhry or Raja can become a successful businessman, best physician and a competent engineer in New York, Houston and Taxes, there is no reason that he cannot demonstrate such capabilities in his own motherland. However, he maintained that the country needs leadership which imbibes the youth with the spirit of patriotism, and focuses on development of human capital with determination to take the country forward. The state president said that instead of looking toward the west, we will have to see towards South East and Far East for the improvement of our economy. “The Middle East and Far East countries have a soft corner for Pakistan, that is why Pakistani business community is making investment there,” he added. While touching upon the situation of occupied Kashmir, Sardar Masood Khan thanked the ASEAN member states particularly Malaysia for expressing solidarity with the Kashmiri people and boldly supporting Pakistan’s stand on Kashmir. A Malaysian parliamentary delegation during its recent visit to Muzaffarabad, had informed that Kashmir advocacy groups were being set up in the parliaments of ASEAN states, while an awareness campaign on Kashmir was being launched in Malaysia and other countries, he added. Sardar Masood Khan said that what is happening at the hands of Indian troops in Kashmir, is under the international laws, genocide, ethnic cleansing, war crimes and the crimes against humanity, but unfortunately, due reaction has not been expressed by the world against this barbarity. Although think tanks of several countries, and the parliaments of Europe and North America are speaking in favor of right of self-determination of the Kashmiri people, but the governments of only four of 193 UN member states have raised their voice against the Indian brutalities against the Kashmiri people, which is not less than a tragedy, he regretted. The AJK president said that India’s threats of attack on Pakistan and occupation of Azad Kashmir were fast pushing the situation towards a terrible war, and this war, if broke out, would affect not only Pakistan and India but the whole world as well. Therefore, he added, “this is the responsibility of the international community to immediately intervene, and play its role in resolving Kashmir conflict in the light of UN resolutions and the wishes of Kashmiri people.” In a welcoming development, Beijing has agreed in principle to include the most strategic project of turning Thar coal into diesel and gas under CPEC umbrella and to this effect, it will first provide financing for feasibility study prior to launching the project of paramount importance.

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