ISLAMABAD: A newly released survey by the China Chamber of Commerce in Pakistan (CCCPK) highlights significant challenges faced by Chinese companies operating in Pakistan. The survey, titled the “Business Climate Index of Chinese Companies in Pakistan,” recorded a score of 49.63, just below the 50-point mark that separates optimism from pessimism. The findings, launched with support from the Chinese embassy, emphasize major hurdles such as security risks, difficulties with remittance outflows due to foreign exchange controls, policy instability, and currency depreciation, all of which are impacting business operations. The survey…
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Foreign Dignitaries Arrive in Islamabad for SCO Summit Preparations
Over 10,000 security personnel deployed; public offices, markets, schools, and metro bus service shut Finance Minister Dar urges PTI to cancel planned protest Bilateral talks with multiple countries scheduledISLAMABAD: Foreign dignitaries have begun arriving in Islamabad for preparatory meetings ahead of the 23rd Shanghai Cooperation Organisation (SCO) Summit, set to take place on October 15-16. In anticipation of the event, stringent security measures have been put in place, with over 10,000 law enforcement personnel deployed. Delegations from several SCO member states, including a four-member team from India, 76 representatives from…
Read MoreChinese Premier’s Visit Likely to Include Soft Launch of Gwadar Airport and Key Agreements
The Ministry of Finance and the Ministry of Planning have finalized preparations for the upcoming visit of Chinese Premier Li Qiang, marking his first visit to Pakistan in 11 years. Several important agreements are expected during the visit, including the soft launch of the New Gwadar International Airport and a $2 billion loan agreement for the reconstruction of the Karakoram Highway. Sources have revealed that the soft launch of the New Gwadar International Airport is highly anticipated. The project, which has cost approximately PKR 54.98 billion, will be capable of…
Read MoreFirst Time in History Pakistan Earns $4 Billion in Rice Exports in 2024
For the first time ever, Pakistan has set a new record by exporting $4 billion worth of rice in the current fiscal year. This remarkable achievement is largely due to the efforts of the Special Investment Facilitation Council (SIFC), which has played a crucial role in boosting the country’s agricultural sector. One of the standout products in this success is Pakistan’s famous basmati rice, known worldwide for its excellent quality. Shahjahan Malik, the former Chairman of the Rice Exporters Association of Pakistan, shared his excitement about this milestone. He is…
Read MoreSeven PMs to gather in Islamabad for SCO
Seven PMs to gather in islamabad for SCO submit
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