Monday, July 27th, 2020
Belt & Road project to bring peace and prosperity in the region: experts
CGSS organizes International Webinar on “China’s Quest for Peaceful Coexistence & Mutual Development”. STAFF REPORT ISLAMABAD (DNA) -, Center for Global & Strategic Studies (CGSS), Islamabad organized a special Webinar on “China’s Quest for Peaceful Coexistence & Mutual Development”. The aim of the Webinar was to interact with prominent Chinese experts to discuss the recent Sino- Indian situation and learn about the latest developments in the Belt and Road Imitative as well as China’s future economic development plans. Maj Gen Syed Khalid Amir Jaffery (Retd) – President CGSS commenced theRead More
Fehmida Jamali says there is only way to escape the debt trap is by strengthening exports
DNA ISLAMABAD, JULY 27 – Pakistan Tehreek-e-Insaf, Vice President Fehmida Kausar Jamali said the incumbent government have tried to stabilise the country fiscal position in its two years governance despite challenges we amicably resolves the issue of current account deficit. In a statement on Monday, She said the PTI Government is determined to facilitate masses and to uplift economy. In this regard we made a solid base structure to take off. The government made numerous measures to reduce the cost of doing business to increase country exports; we have fixedRead More
Chinese Motorcyclist support slums in Pakistan to overcome COVID-19 epidemic
DNA Islamabad, July 27: To help the slums 20 kilometers away from here overcoming COVID-19 epidemic, Yang Xiaolong, a Chinese motocyclist led a group of Chinese travelers to donate supplies to sulms in Pakistan. According to Gwadar Pro, Yang Xiaolong is a Chinese globetrotter and a planner of China-Pakistan friendship travel. He has organized motorcycle teams many times to ride along the KKH From China to Pakistan. “We do round trip five or six times every year, and some locals knew us and became very good friends with us,” YangRead More
Huawei slashes India’s revenue target by up to 50% as ties with Delhi deteriorate
Amid calls to boycott Chinese goods in Asia’s third-largest economy, Chinese telecom company Huawei Technologies has slashed its India revenue target for 2020 by up to 50% and is axing off more than half of its staff in the country. Huawei is now targeting $350-$500 million in revenue for 2020, compared with roughly $700-800 million it was aiming earlier. Huawei is cutting 60-70% of its Indian staff, excluding those in research and development and the global service centre. The report comes amid a rise in anti-China sentiment in India followingRead More
Pak rupee strengthens against US dollar in interbank
KARACHI: The exchange rate of Pakistani rupee strengthened by Rs0.21 against US dollar in the intraday trade. According to forex dealers, the greenback is currently trading at 166.05 against the domestic currency at the interbank foreign exchange market. The dollar had finished at Rs166.26 against the local unit the other day. Meanwhile, gold in the international market hit a record high Monday as investors rushed into the safe-haven on concerns about a spike in virus infections around the world and a lack of progress on a new stimulus bill inRead More
PM Imran Khan to address nation on coronavirus situation today
ISLAMABAD: Prime Minister Imran Khan will deliver an important speech to the nation over coronavirus situation today (Monday). PM Imran Khan has decided to address the nation over the latest situation of COVID-19 pandemic in the country. Sources said that the premier will address the nation after chairing an important meeting over COVID-19. Imran Khan will talk about the popularity of Pakistan’s smart lockdown strategy across the world. The meeting will finalize the strategy to implement standard operating procedures (SOPs) during Eid-ul-Azha. The prime minister will appeal to the nationRead More