Baloch feudal mindset an impediment to CPEC

And the province’s progress Baloch feudal lords have been notorious for opposing development in their province. Their mindset is fixated on the factor that denies the uplift of its people; be it socio-economic, educational, health, nutrition or other aspects. There is a method in the madness. The ordinary Baloch serve as minions and serfs on […]

Work on $8.2b CPEC rail line unlikely to begin soon

ISLAMABAD: Pakistan has been raising false hopes of early start of work on the $8.2-billion Mainline-I (ML-I) rail track under the China-Pakistan Economic Corridor (CPEC) as it has not yet finalised the mode of financing because of its huge implications for the country’s external debt. An internal agreement on the exact financing modalities was essential before […]

Despite targeting new areas, top 10 tax contributors remain same

ISLAMABAD: Despite expanding the withholding tax to cover every imaginable transaction, top 10 contributors to the tax have remained unchanged for the past five years while about two-dozen areas have contributed paltry sums – far less than Rs500 million – in the first six months of 2017-18. The numbers for July-December of the current fiscal year […]

China wants one-window operation for CPEC projects

ISLAMABAD –  China has asked Pakistan to undertake massive legal reforms immediately if it wants timely completion of projects under the China-Pakistan Economic Corridor. The Chinese reservations were communicated to Pakistani parliamentarians during an in-camera briefing by the newly appointed Chinese ambassador to Pakistan, Yao Jing, a key official revealed. The ambassador during the 26th meeting of […]

Gwadar close to becoming international trading hub: Chinese envoy

Chinese Ambassador to Pakistan Yao Jing has said that there was no threat to China Pakistan Economic Corridor, expressing the hope that Gwadar Port was close to becoming an international trading hub. In an interview with BBC Urdu on Friday, he said law and order situation in Balochistan has improved considerably. Responding to a question […]