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LAHORE: Kyrgyzstan can act as a bridge for Pakistan to the Central Asian markets as Pakistani traders can easily export 6,000 goods with several concessions, said Kyrgyzstan Ambassador to Pakistan Erik Beishemhiev. CPEC Addressing businessmen at the Lahore Chamber of Commerce and Industry (LCCI), he said that the China-Pakistan Economic Corridor...
ISLAMABAD: The government laid the controversial China-Pakistan Economic Corridor (CPEC) Authority Ordinance, 2019, before the National Assembly on Wednesday, the opening day of the winter session, despite the opposition’s protest. Parliamentary Affairs Minister Azam Swati laid the ordinance seeking establishment of a new authority aimed at early completion of CPEC...
ISLAMABAD: The much-awaited western route of China-Pakistan Economic Corridor (CPEC), which was supposed to be completed by this month, remains a victim of official neglect as non-payment of dues and some technical reasons have stalled work on the Rs110 billion project, the Senate Standing Committee on Communications was informed...
ISLAMABAD: The Senate Foreign Affairs Committee on Tuesday, under the chairmanship of Senator Mushahid Hussain Sayed, with all the members in attendance, unanimously passed a resolution rejecting the US statement on CPEC as “unacceptable interference in Pakistan’s sovereign right to exercise policy choices that best protect and promote its...
ISLAMABAD: The government on Tuesday announced the appointment of retired Lt Gen Asim Saleem Bajwa as chairman of the China-Pakistan Economic Corridor Authority (CPECA) amid the opposition’s criticism of formation of the authority. According to a notification issued by the Establishment Division, the competent authority appointed retired Lt Gen Bajwa...
LAHORE / BEIJING: The United States appeared to take a step back from its criticism of the China-Pakistan Economic Corridor (CPEC), following a strong reaction and point-by-point rejection of “wrong analysis” of Washington’s top diplomat for region by Beijing and Islamabad last week. The US Ambassador to Pakistan, Paul W Jones,...
ISLAMABAD:  The federal government has not yet notified the appointment of Lt-Gen (retd) Asim Saleem Bajwa as first chairman of the China-Pakistan Economic Corridor (CPEC) Authority. The Ministry of Planning and Development had sent the summary for Bajwa’s appointment as chairman of the authority a week ago to the PM...
The Pakistan Tehreek-e-Insaf (PTI)-led government continues efforts to dispel the United States’ concerns over the China Pakistan Economic Corridor (CPEC) with the foreign minister and the de-facto information minister reaffirming Islamabad’s commitment to the mega project on Sunday. Speaking to reporters in Multan, Foreign Minister Shah Mahmood Qureshi said Islamabad had categorically rejected...
ISLAMABAD: China has asked Pakistan to maintain stability in its taxes and power tariff while establishing a better regulated and more efficient power market for execution of CPEC projects. The Chinese side through its official communication also emphasised upon the need that “both sides shall enhance communication and coordination, analyse...
LAHORE:  Being a cheap labour market, Pakistan can transform into an excellent destination for Taiwanese textile companies, which are willing to relocate their units outside Vietnam, said Taiwan Textile Federation President Justin Huang . CPEC “At present, Vietnam is crowded, which causes difficulties for Taiwanese textile firms there, such as...

Opinion

month revenue payment targets

Missed Targets

The tax collection numbers from the last six months are in, and they make for a dismal reading. The government has missed all of...