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Tag Archives: Economy

CPEC opens new era of development and opportunities for the entire region

PM Nawaz Sharif addressing the gathering at occasion of CPEC Summit 2016 in Islamabad on 29 August 2016. Photo: PID

The China-Pakistan Economic Corridor (CPEC) Summit and Expo 2016, opened in Islamabad on 29 August 2016, offered a platform for exchange of ideas and opened new avenues for businesses opportunities and people-to-people linkages between Pakistan and China – all-weather friends. The CPEC will open doors to immense economic opportunities not only to Pakistan but will act as a bridge for ... Read More »

Pakistan, Turkey to strengthen strategic ties after coup bid foiled

Turkish Foreign Minister Mevlut Cavusoglu called on Prime Minister of Pakistan Nawaz Sharif at PM House in Islamabad on August 2, 2016.

Relations of Pakistan and Turkey will continue to grow stronger to serve as a powerful factor for stability and prosperity in the region and beyond. ISLAMABAD – Pakistan and Turkey have agreed to transform their friendly relationship to a durable strategic and economic partnership. Earlier on August 2, 2016, Turkish Foreign Minister Mevlut Cavusoglu and Adviser to the Prime Minister ... Read More »

12th World Islamic Economic Forum begins in Indonesia

12th World Islamic Economic Forum begins in Indonesia

Be Careful with innovation based on greed, it is the government duty to make sure that each innovation can bring benefits to the people: Indonesian President Jokowi Widodo JAKARTA (Indonesia) – The 12th World Islamic Economic Forum (WIEF) began in the Indonesian capital Jakarta. Indonesian President Jokowi Widodo opened the 12th World Islamic Economic Forum, urging the Muslim community to use ... Read More »

Pakistan becomes full member of Shanghai Cooperation Organization

President Mamnoon Hussain addressing the 16th Shanghai Cooperation Organization's Summit at Tashkent, Uzbekistan on June 24, 2016

Pakistan signed the Memorandum of Obligations to become the full member of Shanghai Cooperation Organization (SCO) – a key security, economy and energy cooperation group TASHKET – (Uzbekistan) Pakistan has become full member of Shanghai Cooperation Organization (SCO) after signing Memorandum of Obligations (MoOs). The memorandum was signed by Adviser on Foreign Affairs Sartaj Aziz at SCO’s Heads of State ... Read More »

Pakistan and United States to boost business linkages

Pakistan and United States to boost business linkages

Fourth U.S.-Pakistan Business Opportunities Conference held in New York NEW YORK (United States) – Pakistani and U.S. government leaders and business experts expressed hope that economic cooperation and investment relations between the two countries will further strengthen. The U.S.-Pakistan Business Opportunities Conference 2016 will further boost linkages between US and Pakistani businesses, experts believed. The Government of the United States and ... Read More »

Rise of the Robots: 60,000 Chinese workers replaced by robots

Rise of the Robots: 60,000 Chinese workers replaced by robots

Apple and Samsung supplier Foxconn has replaced 60,000 factory workers with robots. Foxconn Technology Group confirmed that it was automating “many of the manufacturing tasks associated with our operations” but denied that it meant long-term job losses. Foxconn is headquartered in Taiwan, but has 12 factories in China, where it produces popular devices like the iPhone and iPad, along with a ... Read More »

65 years of friendship: Pakistan-China ties can improve regional security, economic growth

Pakistan China mark 65 years of Pakistan-China diplomatic ties

Pakistan and China mark 65 years of diplomatic ties and friendship “Pakistan and China, enjoy special friendship and have achieved much .. But we must continue to work for lasting peace and stability in the region to attain regional security and economic development” By Masood Khan This year, 2016, is a special year for Pakistan-China relations. On the 65th anniversary ... Read More »

CPEC will transform the region into global trade hub: Experts at Beijing Forum Islamabad

President Mamnoon Hussain addressing at Beijing Forum Islamabad 2016 at the National University of Sciences and Technology (NUST) in Islamabad on 24 May 2016

President Mamnoon Hussain says CPEC would prove to be a milestone in economic development of Pakistan ISLAMABAD – China-Pakistan Economic Corridor (CPEC) is a historic step forward under which the development of road, rail, sea and air infrastructure projects would transform the whole region into a hub of regional and global trade, remarked Pakistani President Mamnoon Hussain. He was addressing ... Read More »

Gender responsive policies can increase women workforce, economic empowerment

Women’s Economic Participation and Empowerment - Status Report 2016

“Denying equal opportunities and participation to almost half of our population [the women] simply means we’re wasting a lot of untapped potential” ISLAMABAD – A comprehensive report, highlighting different facets of Pakistani women’s economic empowerment, recommends gender responsive infrastructure in places such as daycare centers, anti-sexual harassment mechanisms, safe and affordable transport, to encourage economically inactive women to join the formal ... Read More »

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