CPEC can make Pakistan gateway for int’l trade, investment: president

for int’l trade, investment: president Source: Xinhua Editor: huaxia 2025-03-11 09:16:22     ISLAMABAD, March 11 (Xinhua) — Pakistani President Asif Ali Zardari said on Monday that the China-Pakistan Economic Corridor (CPEC) and Gwadar Port have the potential to transform Pakistan into a center of international trade and provide vital connectivity to multiple regions. “CPEC remains central to our vision of connectivity,” the president said, urging the government to prioritize these two projects to position Pakistan as a gateway linking Central Asia, South Asia, and the Middle East. Addressing the joint…

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Pakistan seeks deeper ties with China in economy, technology

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BEIJING (APP) – Pakistan’s Ambassador to China, Khalil Hashmi, highlighted the key takeaways from China’s annual Two Sessions, emphasising economic confidence, technological innovation, and Pakistan-China cooperation under CPEC Phase II. Speaking with China Economic Net about the Chinese government’s work report, Ambassador Hashmi pointed out that China’s sustained 5% economic growth is a remarkable feat. He noted that China’s focus on “new quality productive forces,” green technology, and digitalization will drive future development. “I think of two words: economy and technology. China is a major power, and its domestic policies…

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How Pakistani Startup Tazah Pivoted from Agritech to Global E-Commerce

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Tazah Technologies, founded in 2021 by former Careem executives Abrar Bajwa and Mohsin Zaka, initially set out to digitize Pakistan’s agricultural supply chain. Recognizing inefficiencies such as fragmented supply chains leading to inflated prices and significant food wastage, Tazah developed a Pakistani B2B marketplace to connect farmers directly with retailers, aiming to streamline operations and ensure fair compensation for producers. ​ In its pursuit of innovation and adaptability, Tazah has undergone strategic pivots. One notable shift was the introduction of Tazah Global, a platform designed to simplify cross-border agri-trade, connecting…

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Thar Coal block-I: Minister for providing employment to local people

Thar Coal block-I

KARACHI: Sindh Energy Minister Syed Nasir Hussain Shah on Monday said that Cyno Sindh (Shanghai Electric) working in Thar Block-I should ensure the recruitment of local people and remove the concerns of local political, social and notables. He expressed these views during a meeting with CEO Meng of Cyno Sindh (Shanghai Electric) at his office. Secretary Energy Musaddiq Ahmed Khan was also present on the occasion. Nasir Shah said that the company should recruits local people especially in gardening, security, sanitation, de-watering, pumping sanitation, maintenance, solar plant. He added that…

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Oil edges higher, but recession fears and tariffs limit gains

Oil price

NEW YORK: Oil prices rose less than 1% on Tuesday, helped by weakness in the dollar, although gains were capped as concerns mounted over a U.S. slowdown and the impact of tariffs on global economic growth. Brent crude futures rose 56 cents, or 0.8%, to $69.84 a barrel by 10:43 a.m. EDT (1423 GMT) after falling as low as $68.63 in early trade. U.S. West Texas Intermediate crude futures gained 53 cents, or 0.8%, to $66.56 a barrel after previous declines as well. Both benchmarks closed 1.5% lower in the…

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