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Monday, October 11th, 2021

 

RCCI urges for incentive packages to promote SMEs

Rawalpindi, OCT 11 /DNA/ – The Rawalpindi Chamber of Commerce and Industry (RCCI) urged the government for incentive packages to promote small and medium enterprises (SMEs). He said the Government should introduce lucrative packages and an amnesty scheme for the development of this key sector. These views were expressed by RCCI President Nadeem Rauf while different trade delegations called on him at Chamber house here on Monday. Trade unions are an asset to the Chamber. The Chamber is an important platform for resolving issues related to the business community, he added. IRead More


Jordan’s PM reshuffles cabinet in shake-up to spur investments

Jordan’s prime minister Bisher al Khasawneh reshuffled his cabinet in the fourth shake-up since he took office a year ago, in a move that creates a new investment ministry and will allow the government more scope to tackle social and economic problems, officials said. They said a royal decree approved the reshuffle that affects eight posts and established the new investment ministry to spur foreign investment and create much-needed jobs in a country facing a record 25% unemployment rate. The British-educated Khasawneh, a veteran former diplomat and palace aide, wasRead More


Hong Kong’s largest pro-democracy party shuns ‘patriot only’ election

Hong Kong’s largest pro-democracy party will not contest upcoming “patriot only” legislature elections after none of its members met the party’s own application deadline on Monday. The decision means the December polls have been effectively boycotted by the city’s pro-democracy opposition with even the movement’s most moderate wing deciding it is not worth taking part. The Democratic Party’s membership had been split on whether to continue with Hong Kong’s political process as authorities crack down on dissent in response to huge and often violent protests two years ago. On MondayRead More


Govt should provide alternative gas sources to keep wheel of industry running: Chairman HIA

RAWALPINDI, OCT 11 /DNA/ – Unannounced gas cuts in the industrial estate sector have upset industrialists and raised fears of unemployment.  The present government, including the previous ones, has not been able to come up with a solid policy to keep the wheel of industry running, nor has it been able to manage alternative energy. The government should provide alternative sources, allow manufacturers to import RLNG or reduce duties on furnace oil so that the wheel of industry continues to run.  Chairman Hattar Industrialists Association Muhammad Ashiq told The *IslamabadRead More


Israel can’t lose sight of need to establish Palestinian state: Angela Merkel

BERLIN: German Chancellor Angela Merkel on Monday implored Israel not to “lose sight” of the need to establish a Palestinian state, as she wrapped up a two-day farewell visit. Merkel’s support for a two-state solution has been one of the key disagreements with Israel’s leadership during her 16 years in office, which were characterised by unwavering support for Israel. Speaking at an Israeli think tank, Merkel welcomed the historic diplomatic agreements reached last year between Israel and four Arab countries — led by the United Arab Emirates. But she saidRead More


CPEC projects benefiting local communities in Pakistan: Nong Rong

ISLAMABAD, Oct 11 (DNA):Ambassador of China to Pakistan Nong Rong Monday said that the projects under China Pakistan Economic Corridor (CPEC) were benefiting the local communities in Pakistan and providing thousands to jobs to them. He said the power plants at Thar block-II had so far provided over 1838 jobs to the locals and hoped that more jobs would be created when the project would reach at peak construction period. “Glad to learn that Thar Energy Limited and ThalNova Power Thar Limited (TEL&TNPTL) 2x330MW Power Plant Projects at Thar block-IIRead More