Category: Uncategorized

China’s Solar Installations Sink to Near Three-Year Low as Exports Surge

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solar-panel

China’s solar panel installations slowed sharply in August, falling to their lowest level in nearly three years as producers turned to overseas markets amid weak domestic demand, Bloomberg reported. According to the National Energy Administration (NEA), only 7.36 gigawatts (GW) of new solar capacity was added in August, down one-third from 11.04 GW in July and the lowest since November 2022. The decline extends a downward trend that began after installations peaked at a record 93 GW in May, when buyers rushed to complete projects ahead of policy changes. In…

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OGDC Collaborates with AKUH to Organise Hepatitis “C” Elimination Camps

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ISLAMABAD, September 22, 2025: Oil and Gas Development Company Limited (OGDC) has collaborated with Aga Khan University Hospital (AKUH) to organise a series of Hepatitis C Elimination Camps, offering free screening and treatment across its healthcare facilities in Punjab and Sindh. The camps will provide free screening, diagnostic tests, medical consultations, and essential medicines. The initiative is part of OGDC’s Corporate Social Responsibility (CSR) programme to provide free healthcare facilities to communities in its operational areas. The camps will be organised at OGDC healthcare facilities in Chakwal, Attock, Gujjar Khan…

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Green energy illuminates the Silk Road, and LONGi contributes to a low-carbon future for SCO (Shanghai Cooperation Organization) member states

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LONGi has actively participated in the energy transition of SCO countries, with several landmark projects already completed and operational. Since the Astana Summit of the Shanghai Cooperation Organization (hereinafter referred to as “SCO”) in July 2024, China has officially assumed the rotating chairmanship and will host the Heads of State Summit in Tianjin from August 31 to September 1, 2025. During this period, LONGi has actively promoted the “Belt and Road Initiative” and the principles of global sustainable development by engaging in extensive and in-depth energy cooperation with numerous member…

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ADB president hails Pakistan’s economic reforms

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ISLAMABAD: As the government plans to launch the inaugural Panda Bond by the end of current calendar year, the Asian Development Bank (ADB) on Wednesday pledged its readiness to assist in the launch as well as other innovative financing instruments. The ADB president expressed appreciation for Pakistan’s economic reforms and resilience, commending the progress achieved in stabilizing the economy and advancing structural reforms. A meeting was held on Wednesday between Senator Muhammad Aurangzeb, Federal Minister for Finance and Revenue, and Masato Kanda, President of the Asian Development Bank (ADB), at…

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Floods could strain Pakistan’s economy and disrupt food supplies, warns finance ministry

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petroleum

The finance ministry on Thursday warned that Pakistan’s economy faces risks from flood-related damages, which may add fiscal pressures and disrupt food supplies in affected areas. The ministry, in its latest monthly economic outlook, said that Pakistan’s economy entered FY2026 with stable macroeconomic conditions and improved growth prospects, supported by a stronger external and fiscal position. “On a YoY basis, LSM [large scale manufacturing] has been on a steady recovery since April 2025, peaking in June, and is expected to gain further momentum with improvements in automotive and fertiliser output,”…

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