BEIJING, June 25 (INP): Pakistani Ambassador to China Moin ul Haque said that Pakistan will enhance cultural cooperation and strengthen Pakistan Pavilion on Douyin for promoting Pakistani products in the Chinese market. According to report, the Ambassador paid a visit to ByteDance. He was received by the Department of China Public Affairs and Strategy of ByteDance. The Ambassador was briefed …

ISLAMABAD, June 25 (ABC): Pakistan and China can promote tea on commercial scale through joint ventures,  reported on Saturday quoting experts. As potential suitable sites and land for tea cultivation are located alongside China-Pakistan Economic Corridor (CPEC), therefore, China has a big role to play in promoting tea on a commercial scale through joint ventures and technical and financial support, …

ISLAMABAD, June 24 (ABC): Huawei and Trust Property Board (ETPB) has established Tier-3 Data Centre Facility, reported on Friday. Maintaining a complete and authentic record of ETPB’s properties, land, leased land and profit calculation has always remained a problem for ETPB to become a for-profit organization. However, the problem no longer exists, as Huawei Pakistan and its Tier-1 partner Computer …

BEIJING, Jun 24 (ABC): The cooperation between China and Pakistan in the agriculture sector, particularly in the fields of de-desertification, biodiversity conservation and pest control can help modernize this sector, said Pakistani Ambassador to China Moin ul Haque. According to Gwadar Pro, Ambassador Moin ul Haque received Dr. Zhou Jinfeng, Secretary-General of China Biodiversity Conservation and Green Development Foundation (CBCGDF) …

BEIJING, Jun. 24 (ABC): Pakistan’s culture and famous products were highlighted on the famous Chinese online platform Kuaishou to enhance bilateral cooperation in all aspects, reported on Friday. Pakistani Ambassador to China Moin ul Haque paid a visit to Kuaishou Headquarters in Beijing. He was received by Mr. Liu Zhen, Vice President, and Ms. Yin Lu, Director of International Relations. …

KARACHI, June 24(ABC): After a continuous decline for the past three days, the gold price in Pakistan increased by Rs900 per tola on Friday. According to the All Sindh Sarafa Jewellers Association (ASSJA), the price in the local bullion market settled at Rs141,600 per tola. Meanwhile, the price of 10 grams settled at Rs121,400 after a gain of Rs772. Cumulatively, …

KARACHI: The Pakistan Stock Exchange (PSX) Friday witnessed a bloodbath immediately after Prime Minister Shehbaz Sharif announced “tough decisions” taken by the government in the federal budget for the upcoming fiscal year 2022-23. The benchmark KSE-100 index opened in the green in line with its positive trend a day earlier; however, it soon plunged a massive 2,053.35 points or 4.81%. The …

ISLAMABAD, Jun 23 (ABC): While saving precious forex reserves for Pakistan, the production of local and foreign mobile companies has not only outnumbered imports of mobile devices, but also created more than 22,000 jobs for the local population, reported on Thursday. According to Pakistan Telecommunication Authority (PTA), between January and May 2022, at least 12.41 million mobile phones were assembled/manufactured …

DETROIT, June 23(ABC): Electric vehicle sales could reach 33% globally by 2028 and 54% by 2035, as demand accelerates in most major markets, consultant AlixPartners said on Wednesday. EVs accounted for less than 8% of global sales last year, and just under 10% in the first quarter of 2022. To support that demand, automakers and suppliers now expect to invest …

LAHORE, June 22(ABC): The provincial government passed, amid the absence of the Opposition, its budget of Rs3.226 trillion for the financial year 2022-23 in the Punjab Assembly on Wednesday. Punjab Finance Minister Awais Laghari moved the Punjab Finance Bill 2021 which later the government passed amid empty Opposition benches. Chief Minister Hamza Shahbaz was also present in the house. The Punjab …