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Articles for tag: boom, china, Chinese, County, CPEC, driving, Latest, Pakistan, Trade, Traders

January 4, 2024

News Desk

Traders are driving the Chinese county boom

BEIJING: More Pakistani traders are settling in Tashikurgan Autonomous County Tajikistan Kashgar in Xinjiang Uygur Autonomous Region of China to tap the business potential. As the county is close to their homes, they said it was easy to get around and interact with the local community. A booming tourism benefits their businesses. Pakistani jeweler Murad Shah said his gem shop in the county “receives about 100 to 200 tourists a day after it reopened in April.” He pointed out that his business had started to recover after China successfully implemented its Covid-19 policies. “There are many tourists. The county has

December 10, 2023

News Desk

Traders assured about the restoration of road infrastructure

KARACHI: Site Industrial and Trading Estate (SITE) Managing Director Ghazanfar Ali Qadri has assured the Hyderabad Chamber of Small Traders and Small Industries that they will address the issue of dilapidated road infrastructure and other challenges faced by SITE Hyderabad. He said this while presiding over a follow-up meeting of SITE Hyderabad Works and Sindh Small Industries Works committees at SITE Hyderabad office on the directives of Sindh Acting Minister of Justice (Retired) Maqbool Baqir. He said that no stone will be left unturned to fix infrastructure problems at SITE. As per the CM’s directives, all concerned departments are cooperating

November 3, 2023

News Desk

As tariffs rise, traders seek Rs 400bn relief package

KARACHI, PAKISTAN: While rejecting the recent hike in gas tariffs, industrialists and traders have appealed to the caretaker government to provide a bailout package of Rs 200-400 billion to small and medium enterprises (MSMEs) for their survival and to cope with the new tariff. “The government didn’t think about the media at all. they are frustrated by the exorbitant electricity bill and rising gas rates. The gas price notification is ready and can be signed today or tomorrow,” said Federal Industrial Association of Commerce and Industry (FBATI) president Syed Raza Hussain. “It is a big issue of survival for SMEs.

April 2, 2023

The Pakistan Daily

Traders announce countrywide protests against inflation after Eid

The traders association has announced plans to stage nationwide protests after Eidul Fitr in response to the escalating inflation and deteriorating economic conditions in Pakistan. President of Markazi Tanzeem Tajran, Muhammad Kashif Chaudhry, stated during a press conference that if these issues are not resolved, traders across the country will organize conventions and demonstrations. Chaudhry criticized the government for failing to pass on the benefits of reduced crude oil prices to the public, while simultaneously refusing to reduce its non-development expenses. He also called for an immediate 50% reduction in non-development expenses and urged politicians to agree on a charter

July 21, 2022

The Pakistan Daily

Pakistan, Afghanistan agree on promotion of trade & commerce

Pakistan and Afghanistan have agreed on multiple measures for the promotion of trade and commerce between the two neighbouring countries. This development took place during a three-day visit of a Pakistani delegation led by Secretary Commerce Muhammad Sualeh Ahmed Faruqui to Kabul. The two sides agreed to make all-out efforts to launch luxury bus service between Peshawar and Jalalabad and Quetta and Kandahar by the end of next month. It was also agreed that the difficulties in visa processing would be addressed through mutual coordination between Pakistan and Afghanistan. The two sides also reaffirmed to maintain regular coordination for implementing

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