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Wednesday, September 23, 2020
Daily Business World
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    Gold price up by Rs300 to Rs117,700 per tola

    Gold price up by Rs300 to Rs117,700 per tola

    Rupee gains 53 paisa against USD in interbank

    Rupee gains 53 paisa against USD in interbank

    LPG price goes up by Rs5/kg

    LPG price goes up by Rs5/kg

    Moody’s upgradation of Pakistan outlook affirms sound financial policies: Finance Ministry

    Moody’s upgradation of Pakistan outlook affirms sound financial policies: Finance Ministry

    Gold up by Rs400 to Rs123,900 per tola

    Gold soars to all-time high of Rs132,000 per tola

    The Asian Development Bank’s COVID-19 response reaches $9.3 billion to end July 2020

    The Asian Development Bank’s COVID-19 response reaches $9.3 billion to end July 2020

    Financial close of Thar Block-2 Power Plant in Sept end, says Asim Saleem Bajwa

    Financial close of Thar Block-2 Power Plant in Sept end, says Asim Saleem Bajwa

    Gold up by Rs400 to Rs123,900 per tola

    Gold up by Rs400 to Rs123,900 per tola

  • World
    Suga set to become Japan’s premier

    Suga set to become Japan’s premier

    Johnson says plan to break Brexit treaty needed to counter EU’s ‘revolver’

    Johnson says plan to break Brexit treaty needed to counter EU’s ‘revolver’

    Kabul presses ceasefire demand in Taliban talks

    Kabul presses ceasefire demand in Taliban talks

    China coronavirus vaccine may be ready for public in November: official

    China coronavirus vaccine may be ready for public in November: official

    Trump to preside over historic Arab-Israel recognition deals

    Trump to preside over historic Arab-Israel recognition deals

    Over 70 held in Melbourne after protest against lockdown

    Over 70 held in Melbourne after protest against lockdown

    Libyan protesters torch parallel govt’s offices

    Libyan protesters torch parallel govt’s offices

    Women grieve stillborn babies as Covid-19 hits maternity care in rural India

    Women grieve stillborn babies as Covid-19 hits maternity care in rural India

    October, November to be ‘tougher’ in Europe with more covid deaths: WHO

    October, November to be ‘tougher’ in Europe with more covid deaths: WHO

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      China-Pakistan sign development agreement of Rashakai SEZ under CPEC

      China-Pakistan sign development agreement of Rashakai SEZ under CPEC

      China – Pakistan to sign Rashakai SEZ development agreement under CPEC today

      China – Pakistan to sign Rashakai SEZ development agreement under CPEC today

      Pakistan, China to ink deal on development of CPEC’s Rashakai Economic Zone tomorrow

      Pakistan, China to ink deal on development of CPEC’s Rashakai Economic Zone tomorrow

      Pakistan invites Japan to explore investment opportunities under CPEC

      Pakistan invites Japan to explore investment opportunities under CPEC

    • Technology
      Snap pledges to hire more minorities, women in tech roles

      Snap pledges to hire more minorities, women in tech roles

      PTA lifts ban on PUBG after meeting company representatives

      PTA lifts ban on PUBG after meeting company representatives

      Qualcomm quick charge 5 announced supporting 100W fast charging

      Qualcomm quick charge 5 announced supporting 100W fast charging

      Huawei launches Maimang 9 with 64MP triple cameras for $300

      Huawei launches Maimang 9 with 64MP triple cameras for $300

      Black holes are hiding movies of the universe in their glowing rings

      Black holes are hiding movies of the universe in their glowing rings

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      • Lifestyle
        Agha Ali sends prayers towards Sarah Khan, Falak Shabir

        Agha Ali sends prayers towards Sarah Khan, Falak Shabir

        Rihanna makes foray into skin care with Fenty Skin

        Rihanna makes foray into skin care with Fenty Skin

        Actress Kelly Preston dies of breast cancer at 57

        Actress Kelly Preston dies of breast cancer at 57

        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

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        • Home
        • Today’s Newspaper
        • Pakistan
        • Business
          Gold price up by Rs300 to Rs117,700 per tola

          Gold price up by Rs300 to Rs117,700 per tola

          Rupee gains 53 paisa against USD in interbank

          Rupee gains 53 paisa against USD in interbank

          LPG price goes up by Rs5/kg

          LPG price goes up by Rs5/kg

          Moody’s upgradation of Pakistan outlook affirms sound financial policies: Finance Ministry

          Moody’s upgradation of Pakistan outlook affirms sound financial policies: Finance Ministry

          Gold up by Rs400 to Rs123,900 per tola

          Gold soars to all-time high of Rs132,000 per tola

          The Asian Development Bank’s COVID-19 response reaches $9.3 billion to end July 2020

          The Asian Development Bank’s COVID-19 response reaches $9.3 billion to end July 2020

          Financial close of Thar Block-2 Power Plant in Sept end, says Asim Saleem Bajwa

          Financial close of Thar Block-2 Power Plant in Sept end, says Asim Saleem Bajwa

          Gold up by Rs400 to Rs123,900 per tola

          Gold up by Rs400 to Rs123,900 per tola

        • World
          Suga set to become Japan’s premier

          Suga set to become Japan’s premier

          Johnson says plan to break Brexit treaty needed to counter EU’s ‘revolver’

          Johnson says plan to break Brexit treaty needed to counter EU’s ‘revolver’

          Kabul presses ceasefire demand in Taliban talks

          Kabul presses ceasefire demand in Taliban talks

          China coronavirus vaccine may be ready for public in November: official

          China coronavirus vaccine may be ready for public in November: official

          Trump to preside over historic Arab-Israel recognition deals

          Trump to preside over historic Arab-Israel recognition deals

          Over 70 held in Melbourne after protest against lockdown

          Over 70 held in Melbourne after protest against lockdown

          Libyan protesters torch parallel govt’s offices

          Libyan protesters torch parallel govt’s offices

          Women grieve stillborn babies as Covid-19 hits maternity care in rural India

          Women grieve stillborn babies as Covid-19 hits maternity care in rural India

          October, November to be ‘tougher’ in Europe with more covid deaths: WHO

          October, November to be ‘tougher’ in Europe with more covid deaths: WHO

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          • Op-Ed
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          • CPEC
            China-Pakistan sign development agreement of Rashakai SEZ under CPEC

            China-Pakistan sign development agreement of Rashakai SEZ under CPEC

            China – Pakistan to sign Rashakai SEZ development agreement under CPEC today

            China – Pakistan to sign Rashakai SEZ development agreement under CPEC today

            Pakistan, China to ink deal on development of CPEC’s Rashakai Economic Zone tomorrow

            Pakistan, China to ink deal on development of CPEC’s Rashakai Economic Zone tomorrow

            Pakistan invites Japan to explore investment opportunities under CPEC

            Pakistan invites Japan to explore investment opportunities under CPEC

          • Technology
            Snap pledges to hire more minorities, women in tech roles

            Snap pledges to hire more minorities, women in tech roles

            PTA lifts ban on PUBG after meeting company representatives

            PTA lifts ban on PUBG after meeting company representatives

            Qualcomm quick charge 5 announced supporting 100W fast charging

            Qualcomm quick charge 5 announced supporting 100W fast charging

            Huawei launches Maimang 9 with 64MP triple cameras for $300

            Huawei launches Maimang 9 with 64MP triple cameras for $300

            Black holes are hiding movies of the universe in their glowing rings

            Black holes are hiding movies of the universe in their glowing rings

            Trending Tags

            • Lifestyle
              Agha Ali sends prayers towards Sarah Khan, Falak Shabir

              Agha Ali sends prayers towards Sarah Khan, Falak Shabir

              Rihanna makes foray into skin care with Fenty Skin

              Rihanna makes foray into skin care with Fenty Skin

              Actress Kelly Preston dies of breast cancer at 57

              Actress Kelly Preston dies of breast cancer at 57

              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

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              China provides 12,000 COVID-19 Testing Kits to Pakistan

              Administrator by Administrator
              16/03/2020
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              Around Rs 18.5bln required to ensure electricity supply of Special Economic Zones
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              ISLAMABAD (News Desk): China has yet again proven to be true friend of Pakistan. In wake of current outbreak of COVID-19, China has provided emergency assistance to Pakistan for prevention and control, including 12,000 test kits, 300,000 masks, 10,000 protective suits and 4 million U.S. dollars to build hospitals. Earlier during the peak of outbreak of COVID-19 in China, Pakistan extended its full support to China and a solidarity resolution was also passed in Senate of Pakistan. President Dr Arif Alvi is scheduled to pay a two-day (March 16-17, 2020) visit to China starting on Monday, at the invitation of Chinese President Xi Jinping. A delegation including Foreign Minister Shah Mahmood Qureshi, Minister for Planning, Development and Special Initiatives Asad Umar and senior officials will accompany the president who would meet with his Chinese counterpart and other Chinese leaders. During the visit, a number of MoUs are expected to be signed to enhance the bilateral cooperation in multiple spheres. This will be the president’s first visit to China, which is singularly aimed at conveying strong support and solidarity of Pakistan towards the Government and the people of China while Beijing was resolutely engaged in efforts to contain and deal with the spread of Covid-19. The visit will play an important role in further solidifying the historic bonds of trust and mutual support between the two “iron brothers”. It will also serve as an opportunity for the leadership of the two countries to review bilateral, regional and international issues and to advance the shared goals of promoting peace, prosperity and development in the region and beyond. Special economic zones (SEZs) could help Pakistan enhance its exports to around $1-1.5 billion annually in the short run by ensuring effective planning, said an industry official on Sunday. “Investors from China, Turkey, Korea and Britain have pumped $1.10 billion into Special economic zones (SEZs) and they are bringing in more investors from their countries to invest in Pakistan,” stated Mian Kashif Ashfaq, chairman of the Faisalabad Industrial Estate Develop­ment and Management Company (FIEDMC). He said these investors expressed their eagerness to explore the possibility of investment in diverse sectors of Pakistan, especially ceramics, chemicals, steel, food processing and automobiles. He stated that the Faisalabad Industrial Estate Develop­ment and Management Company (FIEDMC), which was a successful example of public-private partnership and first-ever state of the art Special economic zones (SEZs), would ultimately prove to be an economic engine of the country through China-Pakistan Economic Corridor (CPEC) initiatives. Appreciating the economic vision of Prime Minister Imran Khan, he said the premier had directed the departments concerned to remove hurdles in the way of development of Special economic zones (SEZs) and establish them on a priority basis. Fortunately, he said, almost hundred per cent plots in M-3 Industrial Estate had already been sold out while hundreds of units had become operational and were playing their role in providing exportable surplus in addition to employing thousands of workers. Mian Kashif said the M-3 industrial city would house more than 400 people and units of textile, steel, pharmaceuticals, engineering, chemicals, food processing, plastic and agriculture app­liances would provide jobs to nearly 250,000 workers. He claimed that Faisal­abad was expecting to at­­tract Rs400bn local and foreign direct investments. “Faisalabad is strategically located in the heart of Pakistan and is flanked by two motorways passing from its eastern and western sides. This city has the unique privilege of contributing 60 per cent to textile exports and 45pc to total exports of the country,” he added. “Faisalabad is not only known for its iconic textile industries but also brimming with hundreds of small and medium enterprises manufacturing chemicals, steel and food processing products,” he said. “A good sign is several Chinese industries have started investing in Special economic zones (SEZs) in Pakistan perhaps because the production cost in China has increased and the country is probably benefiting from the ongoing US-China trade war,” he added.

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