Wednesday , 14 November 2018
Breaking News

Tag Archives: CPEC)

Pakistan’s challenges, hopes and actions

Economy blues And the beleaguered media Prime Minister Imran Khan is perhaps making a somewhat desperate last minute attempt to escape the gauntlet of the IMF (International Monetary Fund). In his interaction with media owners the other day, discussion was mainly focused on problems faced by the print and electronic media. However he suddenly sprung a surprise by bowling a …

Read More »

China to invest US$3.9m in Thar Energy

Thar Energy gets $3.9 million investment from Chinese firm China Machinery Engineering Corporation (CMEC) has acquired a 10% stake by investing $3.9 million in Hub Power Company’s (Hubco) subsidiary Thar Energy Limited (TEL) – one of the first domestic coal-fired power projects at Thar coal block-II. With majority shareholding of about 60% in the project, Hubco has established TEL for …

Read More »

CPEC + Saudi Arabia = ?

Pakistan invites Saudi Arabia to be CPEC third partner Federal Minister for Information and Broadcasting Chaudhry Fawad Hussain on Thursday said Saudi Arabia was the first major country invited by Pakistan to become a partner in the China-Pakistan Economic Corridor (CPEC). Speaking to the reporters here, Fawad apprised them of Prime Minister Imran Khan’s visit to Saudi Arabia and the …

Read More »

CPEC to fortify mutual growth of time tested allies

CPEC to help usher in new era of economic growth: Bakhtiar Minister for Planning, Development and Reforms Makhdoom Khusro Bakhtiar Sunday said China Pakistan Economic Corridor (CPEC) project ensures country’s bright future besides helping to usher a modern era of trade and economic growth. Talking to Vice Chairman National Development and Reform Commission (NDRC) of China, Ning Jizhe here on …

Read More »

Fixing Pakistan’s domestic economy

Revamping Pakistan’s domestic economic base It is and has never been about external security challenges A few days ago, Moody’s, an American business and financial services corporation downgraded Pakistan’s economic rating from ‘stable’ to ‘negative’. A couple of years ago, Moody’s had termed Pakistan’s ratings stable mainly owing to the return of businesses due to an improved security situation and …

Read More »

Pakistan’s Economy under PML-N

The PML-N’s economy Taking a break from the Economic reforms series, let’s evaluate the PML-N government’s performance in managing the economy. When the government assumed office in June 2013, the economy was in dire straits. In the previous five years, growth rate had averaged three percent (the lowest in the country’s history) and inflation had averaged around 12 percent. The …

Read More »

How CPEC can bring Pakistan, CARs closer

CPEC to provide impetus to Pak-CARs relations The CPEC route provides immense opportunities to CARs, a region that entered the world after the disintegration of the Soviet Union in 1991, to expand trade with Pakistan and also go through China for trade expansion. In the context of geo-strategic situation in the region, CPEC offers an alternative solution to link up …

Read More »

Why Pakistan must have more than one friend

For Pakistan, China’s an Expensive Date The country needs to widen its circle of friends. We’re about two months away from elections in Pakistan — elections that are almost certain to be shrouded in controversy, one way or another. And, worryingly for Pakistan, it appears that the economy is weakening, just in time for the instability that might follow from …

Read More »