Thursday, November 5th, 2020
Photovoltaic industry in Pakistan has huge potential under CPEC
Islamabad, Nov 5 (DNA): Photovoltaic industry in Pakistan has huge potential under CPEC, as per the latest research report ‘Global solar PV market outlook’ released by Wood Mackenzie.According to the report, as global solar PV markets continue to weather the challenges posed by the coronavirus pandemic, solar PV installations are expected to hit 115 GWdc this year. This is up 5% from the total installed globally in 2019. The report analysed that in Asia, the Chinese market is continuing its robust recovery and Wood Mackenzie now expects 39 GWdc ofRead More
Broad prospects for China-Pakistan service trade cooperation: Says Chinese scholar
BEIJING, Nov. 5 : There are broad prospects for China-Pakistan service trade cooperation, China Economic Net (CEN) reported on Thursday quoting Chinese scholar Prof. Cheng Xizhong. According to Prof. Cheng last September, China International Fair for Trade in Services 2020 was successfully held in Beijing, which shows that China attaches great importance to service trade. Since China joined WTO in 2001, the total import and export volume of China’s service trade increased from 71.9 billion U.S. dollars to 743.4 billion U.S. dollars in 2019, that is to say, it hasRead More
PM’s power package widely hailed by businessmen
November 05-2020 The United Business Group (UBG) of FPCCI has lauded the decision of Prime Minister Imran Khan to provide economical electricity to the industrial sector which will give a new life to the struggling sector. The decision to provide a three-year major relief to industries may cost around Rs30 billion to the government but the benefit will be manifold in the shape of improved production, exports, employment and taxes, said UBG leaders adding that it will also help the government use unutilized capacity. Speaking at a reception arranged by formerRead More
Ethiopia PM claims success in military offensive in Tigray
Addis Ababa : Ethiopia’s Prime Minister, Abiy Ahmed, has declared the military’s operation in the northern state of Tigray a success. In a televised address, Mr Abiy vowed to continue with the military offensive despite international calls for restraint. The national authorities accuse the Tigrayan People’s Liberation Front (TPLF) – which has held power in the state for close to three decades – of launching multiple attacks on the military. The TPLF in turn said they couldn’t “ignore the imminent danger”. On Wednesday an army base was taken over byRead More
Hasan Ali picks up another injury during Quaid-e-Azam Trophy
Karachi: Right-arm pacer Hasan Ali has reportedly picked up another injury during the Quaid-e-Azam Trophy (QeA) 2020-21. According to a local news channel, the 26-year-old is now uncertain to further participate in the remaining matches of the tournament. Hasan didn’t come to bowl in the second innings of Central Punjab’s fixture against Northern. He has taken five wickets in three innings of the tournament. It was also reported that he has also undergone scans at a local hospital in Karachi. The results will further help in assessing his chances of participatingRead More
SC approves pre-arrest bail plea of co-accused in STDC corruption case
ISLAMABAD : The Supreme Court (SC) has granted pre-arrest bail of an accused Abdul Majeed Soomro in Sindh Tourism Development Corporation (STDC) corruption case. The apex court conducted the hearing of the bail plea submitted by co-accused Abdul Majeed Soomro in Sindh Tourism Development Corporation (STDC) corruption case. Soomro’s lawyer told the court that his client made a documentary for the department, adding that he was nominated in the corruption case as an accused. The lawyer Nisar A Mujahid continued that allegation levelled by the National Accountability Bureau (NAB) wasRead More