Chief Editor: Ansar Mahmood Bhatti

Category Archives: Business

Daraz launches cars this Pakistan Day Sale with big discounts

Daraz launches cars this Pakistan Day Sale with big discounts

ISLAMABAD, (DNA) – : The Pakistan Day Sale has become a household name in the Pakistani ecommerce calendar. With each successive edition, Daraz  continues to improve the online shopping experience and this year and has announced new features on the mobile Daraz App along with deep discounts on the entire assortment.This year, Daraz will be hosting the Pakistan Day Sale 2019 from March 18. Buyers will be treated to a week of discounts and flash sales, complemented by additional vouchers through features like Shake Shake and engaging games on the Daraz App.

Uzbekistan’s foreign trade turnover makes up US$6.39 billion in January-February

Uzbekistan’s foreign trade turnover makes up US$6.39 billion in January-February

Tashkent, Uzbekistan (DNA) — In January-February 2019, Uzbekistan carried out trade relations with more than 140 countries of the world. In particular, the foreign trade turnover of Uzbekistan in January-February 2019 reached US$6.39 billion and grew by US$1.29 billion, or 25.4% more than the corresponding period of last year.

Belt and Road cooperation brings benefits to Sri Lanka

Belt and Road cooperation brings benefits to Sri Lanka

COLOMBO, MAR 16 (DNA): In recent years, western scholars and media have been pointing fingers at China-Sri Lanka cooperation under the China-proposed Belt and Road Initiative, accusing China of leading Sri Lanka into a “debt trap”.However, with cooperation between the two countries growing stronger and broader, such accusations have been proven to be totally baseless.The cooperation between China and Sri Lanka dates back to decades ago. Even during Sri Lanka’s civil war which lasted for nearly 30 years and ended in 2009, China helped Sri Lanka by constructing the A9 Highway in the war-torn areas.

China Calls for U.S. and European Companies to Join Belt and Road

China Calls for U.S. and European Companies to Join Belt and Road

BEIJING, MAR (DNA) – China pledged greater cooperation with American and European companies on Belt and Road ventures, in its latest bid to counter criticism that President Xi Jinping’s initiative is focused on projecting Beijing’s influence at the expense of host countries.China wants to combine its manufacturing and construction know-how with the advanced technology of Western firms on the global trade-and-infrastructure program, said Zhou Xiaofei, deputy secretary general of the National Development and Reform Commission.

Pakistan to likely face another 41% hike in gas prices from July

Pakistan to likely face another 41% hike in gas prices from July

ISLAMABAD: (DNA) – Consumers, already reeling from a rise in inflation, should brace for another 41% hike in gas prices from the next financial year beginning July 1, 2019.Already, the Pakistan Tehreek-e-Insaf (PTI) government had increased gas prices by up to 143% last year and revised consumer slabs, which resulted in inflated bills. As controversy built over the inflated bills, Prime Minister Imran Khan later directed public gas utilities to reimburse the amount to 3.2 million consumers.

China to grant $1 billion for social development: Khusro Bakhtiar

China to grant $1 billion for social development: Khusro Bakhtiar

ISLAMABAD (DNA) – Cabinet Committee on China-Pakistan Economic Corridor has decided to perform ground breaking of an important phase of Western Route of the corridor later this month.This was stated by Minister for Planning and Development Makhdoom Khusro Bakhtiar while briefing media about the committee’s decisions in Islamabad.He said the step would mitigate the sense of deprivation of the people living along the Western Corridor. He said sixty per cent work on Hakla-Dera Ismail Khan Section of the corridor has already been completed.

South Korea pledges to enhance trade ties with Pakistan

South Korea pledges to enhance trade ties with Pakistan

RAWALPINDI, MAR 08 (DNA) – Korean businessmen have shown keen interest in joint ventures in LPG cylinders, auto-mobile batteries and oil lubricant manufacturing.The Korean business delegation expressed its desire during a visit to the Rawalpindi Chamber of Commerce and Industry (RCCI), here on Friday.Alexander Lee who was leading the South Korean delegation said that their renowned company has started manufacturing of LPG cylinders, car batteries, Mobil oil and other products including construction material. The LPG cylinders have good quality and they are meeting European standards.