Pakistan Ambassador to China Moin ul Haque on Thursday formally inaugurated the Pakistan Pavilion established at the China-Singapore Nanning International Logistic Park to promote Pakistani products in China and other ASEAN countries.
South Korean manufacturer KIA is to introduce its 2021 Rio in Pakistan in January 2022. The sporty hatchback is going to give tough competition to the rest of the companies in Pakistan and remains an inexpensive, value-driven small car that gets you from point A to point B without complaint.
In a huge step towards the modernization and promotion of electric vehicles in Pakistan, Indus Motor Company Limited (IMC) has announced an investment of US dollar 100 million over the next 3 years in the local production of Hybrid Electric Vehicles in Pakistan.
Anyone with the basic knowledge of the regional geopolitical status quo will know that such ill-intentioned rhetoric will not change China-Pakistan cooperation or deter China’s possible participation in the reconstruction of Afghanistan, other than making more noises.
FM Qureshi was pleased to welcome the Foreign Minister’s of China, Iran, Tajikistan, Turkmenistan & Uzbekistan to the 1st Ministerial meeting of #Afghanistan’s neighbours. The positive & constructive response to Pakistan’s proposal for a regional approach was appreciated.
Own Money, an illegal premium charged by dealers in Pakistan, is once again skyrocketing, with reports suggesting that it has even touched Rs1 million in recent days. The inability of the supply of cars to match the demand is being blamed upon many reasons in the country.
Prime Minister Imran Khan will launch the cadastral map of Islamabad today that would ensure land records and monitoring of construction projects and will also provide timely information about land ownership just a click away.
Finance Minister of Pakistan Shaukat Tarin has directed the Ministry of Commerce to be very careful in forecasting imports, exports as the imports for August were way off the forecasted number. Economic expansion was seen as one of the major determinants for driving imports.
Former Chairman Board of Investment argues that Pakistan needs to play a key role in structuring and mediating a strategic regional support package for Afghanistan. While too much should not be expected from Western-influenced multilateral agencies, the regional multilateral system and countries such as China and Qatar may fill immediate funding gaps.
Pakistan Rupee was the best performing currency in March 2021, and in just six months' time, it has been labeled the worst performer in September, continuing its downward plunge. On Monday alone, the PKR fell 0.19% against USD. Recent events in Afghanistan are playing a major role in this fall.
Taliban and National Resistance have been making claims and counter claims but sources in Islamabad are confident that Taliban may be taking full control of Panjshir valley within the next 24 hours bringing an end to the last pocket of resistance in Afghanistan.
