November 19, 2021Islamabad ( Press Release)Foreig Secretary Shohail Mahmood received Japan's ambassador -designate Wada Mitsuhiro at Ministry of Foreign Affairs today. Foreig Secretary-extended best wishes to him-hoped that during his term, Pakistan and Japan partnership would be further strengthened-affirmed Pakistan’s resolve to work with Japan on all regional and international issues of common interest.
November 19, 2021 at 2:50 pm | Economic Affairs
November 18,2021Islamabad (Press Release) PresidentInternational Islamic University (IIU) Prof. Dr. Hathal Homoud Alotaibi has said that CPEC is a vital project that will bring economic development in region and it shall be a source of promoting prosperity between both countries.He was addressing the concluding ceremony of a two-day international conference on “China-Pakistan Economic Corridor Building Narratives” organized by Iqbal International Institute for Research and Dialogue (IRD), of International Islamic University (IIU) at Quaid-e-Azam Auditorium, Faisal Masjid Campus, Islamabad.In his speech, IIUI President said that CPEC will indeed open new avenues of progress in various sectors such as energy, railways and engineering tha...
November 18, 2021 at 6:56 pm | Economic Affairs
November 18,2021Islamabad(APP) President Dr Arif Alvi Wednesday broke ground for construction of academic block of Shaheed Zulfiqar Ali Bhutto Medical University (SZABMU) and Federal Medical College.While speaking on the occasion, he observed that the process of reforms should continue to improve the medical education.Medical professionals should remain connected to the society and should work for the poor, he added.The President emphasized on virtual education to increase enrolment of students without extra spending on infrastructure.Virtual education was of immense importance and Pakistan needed a large number of information technology and medical graduates and attention should be given to this aspect of education, he added.He said the n...
November 18, 2021 at 4:03 pm | Economic Affairs
November 18,2021Vienna (Press Release)Ambassador of Pakistan to Austria, Aftab Ahmad Khokher, met Mr. Wolfgang Sobotka, President of the Austrian National Council today. They discussed all issues of mutual importance including situation in Afghanistan, Jammu and Kashmir and bilateral cooperation in the fields of education, trade and parliamentary exchanges.Wolfgang Sobotka recognised importance of bilateral relations with Pakistan. Ambassador Khokher urged him to play his role for further strengthening the relationship. President Sobotka also recognized the importance of interactions between parliamentarians of the two countries. In this regard, he expressed his readiness to receive parliamentary delegation from Pakistan. Talking about rec...
November 18, 2021 at 3:42 pm | Economic Affairs
The second meeting of the First Council Board of "Belt and Road" Medical Device Innovation and Application Alliance (BRMDIA) was convened on Wednesday in the University of Shanghai for Science and Technology (USST) by the joint efforts of 109 institutions from 20 countries and regions through online and on-venue modes, where Dr Muhammad Shahbaz President of China Pakistan Medical Association from Pakistan has been awarded a certificate of excellence for his great contributions to the Health Corridor project. Several MoU’s including China Pakistan Cooperation in Healthcare Sector for Training Medical and Engineer Personnel were signed at the grand event. "Belt and Road" Medical Device Innovation and Application Conference is an annual ...
November 18, 2021 at 3:39 pm | Economic Affairs
November 17,2021Islamabad (EA Report)A two-day international conference on “China-Pakistan Economic Corridor Building Narratives” organized by Iqbal International Institute for Research and Dialogue (IRD), of International Islamic University (IIU) commenced on Wednesday at Quaid-e-Azam Auditorium, Faisal Masjid Campus, Islamabad.The conference organized by IRD in collaboration with Faculty of Social Sciences, is being attended by eminent national and international experts in economics, sociology and mass media. In different sessions of the conference, around 50 national and international experts, researchers, academicians and intellectuals will discuss various aspects of CPEC’s regional and global impact. The IIU Rector Prof. Dr. Mas...
November 17, 2021 at 6:02 pm | Economic Affairs
November 17, 2021Islamabad( Press Release)Speaker National Assembly Asad Qaiser has said that Pakistan accords high importance to its long-standing fraternal relations with Bahrain which are rooted in shared faith, believes and mutual traditions of Islamic brotherhood. He said that bilateral relations between both countries can be strengthened by expanding cooperation in the field of trade, investment and human resources development. He congratulated Speaker of the Council of Representatives of the kingdom of Bahrain and people of Bahrain on the Golden Jubilee Celebration of Independence of Bahrain. He expressed these views during a meeting with Ms. Fawzaia Bint Abdullah Zainal , Speaker Of the Council Of Representatives of the kingdom of ...
November 17, 2021 at 4:00 pm | Economic Affairs
November 17,2021Islamabad ( Press Release)Pakistan looks forward to welcoming Sikh pilgrims visiting Gurdwara Darbar Sahib through the Kartarpur corridor from 17 November.While Pakistan had reopened the Kartarpur Corridor on 29 June 2020 after temporary suspension of about three months due to Covid-19 pandemic, India had kept the Corridor closed from its side for nearly 20 months, and has only now allowed it to be re-opened.Sikh community from India and around the world had been urging the opening of the Corridor. Pakistan had also proposed formally to India to reopen the corridor in respect of the wishes and sentiments of the pilgrims.Pakistan will also be hosting thousands of Sikh pilgrims from India and around the world for 552nd birth ...
November 17, 2021 at 3:36 pm | Economic Affairs
AgenciesHONG KONG, Nov. 17—US Dollar reached a four-and-a-half-year high against the yen on Wednesday after better-than-expected US retail dataThe US retail data also boosted Wall Street equities, although Asian shares failed to follow suit.MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.45% edging off Tuesday's near three-week closing high, with declines in most markets, while Japan's Nikkei lost 0.4%.The dollar reached a high of 114.97 yen in early Asian hours, its strongest since March 2017, while the euro languished at a 16-month low at $1.1320.Pakistan's rupee registers second successive gain against US dollarThe greenback was helped by Tuesday data which showed US retail sales rose faster-than-expected in Octob...
November 17, 2021 at 11:41 am | Economic Affairs
EA ReportLahore, Nov. 16— State Bank of Pakistan (SBP) brought forward meeting of Monetary Policy Committee (MPC) following recent “unforeseen developments” that have affected the outlook for inflation and the balance of payment.Monetary Policy Committee (MPC) has decided to bring forward its next meeting from the previously announced date of November 26, stating that meeting.In a brief statement on Tuesday, SBP says, "The MPC will now convene in SBP Karachi on Friday, November 19, 2021.”The SBP said the meeting has been brought forward in light of recent unforeseen developments that have affected the outlook for inflation and the balance of payments, and to help reduce the uncertainty about monetary settings prevailing in the mark...
November 16, 2021 at 6:44 pm | Economic Affairs
Pakistan Rupee Exchange Rate