President urges early execution of China MoUs

KARACHI: President Asif Ali Zardari on Monday noted that Pakistan’s cooperation with China presents an important opportunity to modernise infrastructure, strengthen industrial capacity and advance socio-economic development. The president received a detailed briefing on the implementation of the Memoranda of Understanding (MoUs) signed during his recent visits to the People’s Republic of China. The briefing,…

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City beat Arsenal to seize title race control

Manchester City players celebrate their 2-1 win against Arsenal at the Etihad. Photo: AFP LONDON: Manchester City beat stumbling Arsenal 2-1 on Sunday to seize control of the Premier League title race as Liverpool strengthened their push for a Champions League place. Mikel Arteta’s Gunners have been in pole position for months but are wobbling…

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One damn thing after the other

Politics, both domestic and global, is no longer the answer for improving the overall human condition The writer is an Assistant Professor at International Relations Department of DHA Suffa University Karachi Henry Ford (1863–1947) was an American industrialist and is best known for being the founder of the Ford Motor Company. Once asked what he…

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‘Pakistan’s role central to US-Iran talks’

Says present phase should not be viewed as a tactical pause before renewed hostilities ISLAMABAD: ISLAMABAD. Former Azad Jammu and Kashmir president Masood Khan said on Sunday that Pakistan emerged as the central facilitator in ongoing efforts to secure a diplomatic settlement between the United States and Iran. In a statement, he expressed confidence that…

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Value addition key to China exports

Naphtha plant faces Chinese financing delays as FPCCI pushes for capital infusion KARACHI: Pakistan cannot transform its export mix to China without targeted investment in value-added production, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Senior Vice President Saquib Fayyaz Magoon has said during a meeting with Consul General Shahzad Ahmed in Shanghai, according…

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SBP purchases $27b in 3.5 years

Aurangzeb said the Middle East conflict had not affected Pakistan’s external account, and even if the war continues during May-June, the country is on track to achieve this fiscal year’s current account deficit target. photo: file ISLAMABAD: State Bank of Pakistan (SBP) Governor Jameel Ahmad said on Wednesday that the central bank bought $27 billion…

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Biometric cure for circular debt?

KARACHI: Pakistan’s energy sector has continued to operate under the persistent shadow of circular debt. Around the start of the fiscal year, the amount stood close to Rs1.7 trillion for the power sector and Rs2.6 trillion for gas, with subsequent data showing that the number would only increase. Recoveries may or may not have improved,…

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Govt replaces outdated mining practices

ISLAMABAD: Federal Minister for Petroleum Ali Pervaiz Malik met Japanese Ambassador Akamatsu Shuichi during his visit to the Geoscience Advance Research Laboratories (GARL) of the Geological Survey of Pakistan. The minister highlighted the longstanding scientific cooperation between Pakistan and Japan in the field of geosciences and mineral research. He appreciated the support extended by the…

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