For weeks, public protests have reverberated across Gilgit city over 22-hour power shortages. A new wave of protests is likely to hit the region from March 10.
Chinese companies have raised the issue at all forums through Pakistan's embassy in Beijing and its own embassy in Islamabad. Chinese insurance company M/s Sinosure is also unwilling to insure new financing for power sector projects due to failure to meet the contractual obligations of compa
Odisha Chief Minister Naveen Patnaik on Sunday inaugurated Biju Patnaik Expressway at Ampani and Biju Patnaik Economic Corridor from Sohela in the western district of the state on the occasion of the 107th birth anniversary of former CM Biju Patnaik.
According to the IPSCS report, most of the deals signed by Chinese companies with Pakistan entailed assurance of exorbitant rate of returns to the Chinese companies for their investments. Going through an economic crisis for most of the past five years, Pakistan never seemed comfortable i
The CPEC project that was commenced a decade ago was held as a harbinger of prosperity for Pakistan. However, seven years later, many projects under the CPEC still remain non-starters while some of those being operational have become liabilities and are incurring losses.
China is making huge investments in underdeveloped or poor countries ultimately setting them up for defaulting on China's loans and making compromises to China
Pakistan faced an economic crisis which is a result of its own faulty policies long-standing debts, dipping forex reserves and support to extremism and terrorism.
The people of Gwadar remain deprived of clean drinking water and other basic facilities. Gwadar being the centre of economic development, did not change the fate of its people, writes Abdel.
Pakistan Home Minister Mir Ziaullah Langove and the advisor to Balochistan CM Lala Rasheed, on a visit to Gwadar, expressed hope of ending the two-month-long 'Haq Do Tehreek' (HDT) protests by locals.