Entries by Obortunity Research

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Chinese top official hails Pakistan’s ‘sincere efforts to resolve Afghan conflict’

The Chinese foreign ministry spokesperson acknowledged on Monday Pakistan’s efforts to resolve the Afghan conflict, terming these conducive to create enabling environment for regional peace. In his first visit to Kabul last week, Prime Minister Shahid Khaqan Abbasi agreed on achieving the common aim of regional security through connectivity during a meeting with Afghan President Ashraf Ghani. […]

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Pakistan signs two MoUs with China for gas pipeline, oil refinery

SANYA: Prime Minister of Pakistan Shahid Khaqan Abbasi and PowerChina Limited’s Vice President Li Yanming, on Monday witnessed the signing of a Memorandum of Understanding (MoU) between Inter-State Gas Systems (ISGS) of Pakistan and Power China for laying of North-South Gas Pipeline. The pipeline would serve as a secure and continuous supply of affordable gas in […]

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Pakistan to get faster, reliable internet as China backed submarine cable to start operations by end-2019

LAHORE: Pakistan internet backhaul is expected to receive a significant boost with the addition of an upcoming submarine cable called PEACE cable with landing routes in Karachi and Gwadar. This submarine cable which is expected to be active by end of 2019 will have over 60 Tb capacity and is expected to stretch to Africa and […]

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All trade with China suspended at Sost Port as traders protest new custom rules

ISLAMABAD: Importers and exporters in Pakistan have suspended all kinds of trade with China via the land route at Sost Port in protest against the introduction of new customs rules under which transactions and clearances are done through a computerized system. “The online clearance and processing of shipments are being introduced in an area where internet is […]

Pakistan to establish trade bond between South, Central Asia, China: Ahsan Iqbal

BEIJING: Interior, Planning, Development, and Reforms Minister, Ahsan Iqbal, has said that the completion of China Pakistan Economic Corridor (CPEC) would revolutionise trade ties between the Asian States by linking South, Central Asia, and China. He expressed these view while at a meeting with China Railway Construction Corporation’s Chairman Meng Fengchao in Beijing on Wednesday. Both sides reviewed […]

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PM lauded for suspending FTA talks with China

ISLAMABAD: The Pakistan Economy Watch (PEW) on Wednesday lauded the decision of Prime Minister Shahid Khaqan Abbasi to suspend the Free Trade Agreement (FTA) negotiations with China. The decision is praiseworthy as national interests were kept supreme in it on any other consideration, it said. The local business community has also informed the government well before […]

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Game changer: ‘Tharparkar’s development answer to criticism of CPEC’

HYDERABAD: Defending the China Pakistan Economic Corridor (CPEC), Pakistan Peoples Party Chairman Bilawal Bhutto -Zardari has said Tharparkar’s development is the game changer and real answer to the criticism of the project. “I want to carry this model [of Tharparkar’s development] to Balochistan where many CPEC projects are in progress. It will make sure that the local […]

PPP gifts ten buses to Karachi

KARACHI:In offering some respite from the heat to the residents of Karachi, the chairman of  Pakistan Peoples Party (PPP) Bilawal Bhutto on Wednesday gifted ten new buses to the city of lights. According to Express News, these buses will run as part of the ongoing pilot project but the people of Karachi have termed this […]