PM reviews $70 million worth of B2B agreements with Chinese companies, urges faster reforms – Trendy Blogger

PM reviews  million worth of B2B agreements with Chinese companies, urges faster reforms

 – Trendy Blogger

Prime Minister Muhammad Shehbaz Sharif was informed that more than 200 business-to-business (B2B) business agreements, along with memorandums of understanding worth $70 million, have been signed with several Chinese companies, according to APP. The Prime Minister chaired a review meeting to assess the progress of ongoing projects and various initiatives under the Board of Investment, … Read more

State Bank reserves increased by $30.7 million, bringing total reserves to more than $16.6 billion – Trendy Blogger

State Bank reserves increased by .7 million, bringing total reserves to more than .6 billion

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Foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $30.7 million (0.25% y-o-y) to $12.08 billion during the week ending December 13, 2024, according to data released by the State Bank of Pakistan on Thursday. The country’s total reserves also saw a slight increase of $31.8 million (0.19% year-on-year), reaching $16.63 … Read more

Chinese Instagram-like company Xiaohongshu is expanding e-commerce with more than 300 million users – Trendy Blogger

Chinese Instagram-like company Xiaohongshu is expanding e-commerce with more than 300 million users

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Known as “Little Red Book,” Xiao Hongshu (sau.hong.shoo) is leveraging its Instagram-like platform to expand its e-commerce presence, targeting urban Chinese women with influencer-led sales. With more than 300 million users and a valuation of $17 billion after a funding round in July, the platform combines social media with curated shopping experiences, making it a … Read more

A Chinese company invests $350 million to establish 3,000 charging stations for electric cars in Pakistan – Trendy Blogger

A Chinese company invests 0 million to establish 3,000 charging stations for electric cars in Pakistan

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The Pakistani government has signed a partnership agreement with a leading Chinese company to invest $350 million in establishing up to 3,000 electric vehicle charging stations across the country, with the aim of promoting electric mobility and reducing dependence on fuel imports, according to Bloomberg News. Media reports. Malik Khuda Bakhsh, Chairman of the Standing … Read more

Pakistan and the Asian Development Bank sign a $330 million loan agreement for social protection – Trendy Blogger

Pakistan and the Asian Development Bank sign a 0 million loan agreement for social protection

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Pakistan and the Asian Development Bank (ADB) have signed a loan agreement worth US$330 million for additional financing of the Integrated Social Protection Development Program (ISPDP). According to a press release issued by the Department of Economic Affairs on Saturday, this program builds on an existing ADB-funded initiative aimed at strengthening and expanding social protection … Read more

The Ministry of Economy denies canceling a $500 million loan from the World Bank – Trendy Blogger

The Ministry of Economy denies canceling a 0 million loan from the World Bank

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In response to a report he published The Express Tribune and Monitored by This writer On Friday, the Ministry of Economic Affairs issued a statement. According to the ministry, the report published by the media indicated the cancellation of a loan that was not approved by the World Bank’s Board of Directors or signed by … Read more

The World Bank approves $240 million in financing to enhance water and sanitation services in Karachi – Trendy Blogger

The World Bank approves 0 million in financing to enhance water and sanitation services in Karachi

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The World Bank has approved $240 million in financing for the Karachi Water and Sanitation Services Improvement Project II (KWSSIP-2) to provide safely managed water, sanitation and hygiene services in Karachi. “Safely managed water, sanitation and hygiene (WASH) services are the foundation of public health and quality of life and are key to addressing the … Read more

China invests $1 million in Karachi Medical City: Meng Xiaowei trendy blogger

China invests  million in Karachi Medical City: Meng Xiaowei

 trendy blogger

KARACHI: In a major boost to Pakistan-China economic cooperation, Meng Xiaowei, head of the 16-member Chinese trade delegation, announced an investment of $1 million to set up a medical city in Karachi. The project, which will be Pakistan’s first comprehensive pharma and pharma ecosystem, will be established in Dhabiji Economic Zone after successful negotiations with … Read more

Fuel theft and violence drain $215 million from Ecuador’s oil industry – Trendy Blogger

Fuel theft and violence drain 5 million from Ecuador’s oil industry

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Organized crime groups in Ecuador are increasingly stealing fuel from state-run oil company Petroecuador to support drug trafficking operations, resulting in hundreds of millions in lost income for the country’s largest industry, the company and officials said. Criminals steal gasoline, diesel and other fuels by exploiting state-owned fuel pipelines for use in making cocaine and … Read more

World Bank intends to approve a $240 million water and sanitation project in Karachi: report – Trendy Blogger

World Bank intends to approve a 0 million water and sanitation project in Karachi: report

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The World Bank Board of Executive Directors is preparing to approve the second Karachi Water and Sanitation Services Improvement Project (KWSSIP-2) on Thursday. According to a $240 million report by Business Recorder, the project aims to provide safe water and sanitation services in Karachi while improving the financial and operational performance of the Karachi Water … Read more