Saturday, February 18th, 2023
ICCI calls for privatizing loss-making SOEs to get rid of debt
ISLAMABAD, FEB 18 /DNA/ – Ahsan Zafar Bakhtawari, President, the Islamabad Chamber of Commerce and Industry (ICCI) has said that the government is spending billions of rupees every year to bail out the loss-making State Owned Entities( SOEs) including PIA, Pakistan Steel, Pakistan Railways and DISCOs, which show that these entities are a big burden on the national exchequer and stressed that the government should privatize these entities to big businessmen of the country that would reduce government expenditure, improve the performance of these organizations and enable the country toRead More
Iran condemns terrorist attack on Police in Pakistan
TEHRAN, FEB 18: Iran’s Ministry of Foreign Affairs condemned the terrorist attack on a police department in Karachi, Pakistan. At least seven attackers were killed and 19 people wounded on Friday night when a group of terrorists opened fire at a police building in Karachi, the capital of Pakistan’s south Sindh province, police and hospital officials said. The Taliban of Pakistan has claimed the responsibility for the attack on the police department. The Spokesman of Iran’s Ministry of Foreign Affairs Nasser Kanaani expressed condolences to the victims’ families of theRead More
Foreign Ministry condemns Israel’s denial of entry of EU Parliament member to Palestine
RAMALLAH: /DNA/ – The State of Palestine follows with grave concerns the decision by Israel, the occupying power, to deny the entry of the Chair of the European parliaments’ Delegation for relations with Palestine, Mr. Manu Pineda, from entering Palestine for the second time, aiming at obstacle him from exercising his full role and mandate as the Chair of the Delegation for Relations with Palestine. This step comes in an attempt to silence peaceful dissent to its illegal occupation; the ban of the delegation’s chair is an apparent contempt ofRead More
China expands cross-border use of RMB
By Wang Junling, People’s Daily The Ministry of Commerce and the People’s Bank of China recently jointly released a notice on further supporting foreign economic and trade enterprises in expanding the cross-border use of RMB to facilitate trade and investment. The notice made deployment in supporting RMB settlement for trading in bulk commodities, supporting foreign investors to invest and reinvest in China with RMB, and expanding the use of RMB in overseas economic and trade cooperation zones, so as to nurture a sound environment for the cross-border use of RMB.Read More
Tibet autonomous region strives for better development of soccer among students
By Yuan Quan, Chungda Drolkar, People’s Daily China’s Tibet autonomous region has an average altitude of over 4,000 meters above sea level. The air oxygen content there is only 60 percent of that in lowland areas. However, the chilly climate and thin aircan never defeat local people’s love for soccer, a sport that shines on the plateau. Shigatse, a city in Tibet autonomous region, sits at the foot of Mount Qomolangma, also known as Mount Everest. Wih an average altitude of 4,300 meters above sea level, Tashizom township in theRead More