Japan seeks investment incentives for automakers

ISLAMABAD: Japan has expressed interest in diversifying markets amid global trade risks and underlined the importance of regulatory certainty and targeted investment incentives for Japanese automakers to help them expand exports from Pakistan. Special Assistant to the Prime Minister on Industries Haroon Akhtar Khan, along with Pakistan’s Ambassador to Japan Abdul Hameed, held a meeting … Read more

Pakistan demands equal green financing

[ ISLAMABAD: Pakistan has taken the lead in rallying regional support for a fair and effective Global Plastics Treaty, urging equal access to green financing and technology for developing nations. Federal Minister for Climate Change and Environmental Coordination Dr Musadik Malik chaired an interactive briefing with delegations from Bangladesh, Egypt, Tajikistan, Malaysia, and Sudan on … Read more

Pakistan, US vow to boost trade, investment

[ ISLAMABAD: The Chargé d’ Affaires of the Embassy of the United States, Natalie Baker on Friday called on Federal Minister for Finance, Muhammad Aurangzeb wherein they discussed matters of mutual interest, including avenues for enhancing bilateral trade, commerce, and US investment in Pakistan. According to a press release issued by the finance ministry, Aurangzeb … Read more

‘Missing’ Chinese diplomat reappears

BEIJING: A Chinese diplomat, who Reuters reported had been taken for questioning by Chinese authorities, appeared at a diplomatic event in Beijing on Friday evening. Sun Haiyan, a senior Chinese diplomat and former ambassador to Singapore, appeared as a guest at an event organised by India’s embassy in Beijing. In response to a question from … Read more

Strings of hope in a city of ruins

ahmed abu amsha conducts a music lesson photo reuters

GAZA: A boy’s lilting song drifted through a tent in Gaza City, weaving over the soft hum of instruments and the quiet harmonies of backing singers – a fragile melody that seemed almost otherworldly amid streets now more accustomed to the deadly rhythm of bombs and bullets. On August 4, young students gathered for a … Read more

Oil and gas output hits 20-year low

[ KARACHI: Amid renewed hopes of US investment in Pakistan’s oil sector, spurred by recent tweets from former US President Donald Trump hinting at greater American involvement in local exploration and implying potential crude supply to India, Pakistan has recorded its weakest oil and gas production in more than two decades. Industry data for fiscal … Read more

US trip likely for Roosevelt advisers

ISLAMABAD: The government may send a delegation from the Privatisation Commission to the United States to search for consultants to advance the transaction of managing the high-value Roosevelt Hotel, New York, in partnership with the private sector. The Privatisation Commission has submitted a summary for Prime Minister Shehbaz Sharif’s approval for the visit of the … Read more