Thursday, September 1st, 2022
Pakistan’s national pavilion with 60 other countries tops JD Asia’s e-commerce platform
BEIJING, Sept 01 (APP):China’s giant e-commerce platform JD.com(JD) has more than 60 countries’ national pavilions including Pakistan and leverages a network of about 1400 warehouses covering more than 25 million square meters plus 80 bonded warehouses and overseas warehouses, making it Asia’s top online business platform. Zhao Ping, Vice President of the Academy of China Council for the Promotion of International Trade said that JD was helping the international supply chain connect the largest domestic supply chain and JD’s employees were becoming more technology-driven and management-driven. “We see thereRead More
IMF agrees to $2.9bn bailout for bankrupt Sri Lanka
Colombo, Sept 1 (AFP/APP):Bankrupt Sri Lanka will receive a conditional $2.9 billion bailout to repair its battered finances, the International Monetary Fund said Thursday, following a bruising economic crisis that saw the island nation’s president chased from the country. Months of acute food, fuel and medicine shortages, extended blackouts and runaway inflation have plagued the country after a foreign exchange crisis left importers unable to pay for vital goods. Huge protests rocked the nation in July and an incensed crowd stormed the official residence of then-president GotabayaRead More
Australian study reveals support needed for orphans left behind in COVID-19 pandemic
CANBERRA, Sept. 1 (Xinhua/APP):Australian researchers have found that the data shows that an estimated 1,800 to 1,900 young Australians lost at least one parent during the pandemic. In a study published on Thursday, researchers from The Australian National University (ANU) found fertility rates, poverty, vaccine coverage and the incidence of risk factors such as heart disease and diabetes in certain age groups all contributed to a higher risk of children losing at least one parent during the pandemic. “We think of COVID-19 as a disease that largely affects olderRead More
PM postpones UAE visit
ISLAMABAD, Sep 1 (DNA):Prime Minister Shehbaz Sharif on Thursday announced to postpone his visit to the United Arab Emirates scheduled on September 3, with a view to focus on the ongoing rescue and relief activities in the flood-ravaged areas. “I was set to visit the UAE on Sept 3 on the invitation of HH the President. We mutually decided to postpone the visit so that I could focus on the ongoing rescue & relief activities,” the prime minister wrote on Twitter. He said Pakistan would forever be indebted toRead More
France extends emergency humanitarian aid to Pakistan
DNA PARIS: At the request of French President Emmanuel MACRON, France is setting up an exceptional operation to provide emergency aid to the Pakistani population stricken by the consequences of the major floods currently affecting Pakistan. Ms. Catherine Colonna, French Minister for Europe and Foreign Affairs, underlined, during her telephone conversation on Sunday with her Pakistani counterpart, Mr. Bilawal Zardari-Bhutto, France’s solidarity with Pakistan, as well as the will of the French Government to respond without delay to the request for international support expressed by the Pakistani authorities. On theRead More