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The massive Chinese EV company indicates interest in investing in Pakistan

Published

3 weeks ago

Farwa

The biggest electric car manufacturer in China, BYD, has indicated interest in investing in Pakistan to produce cutting-edge electric vehicles with the help of Mega Conglomerate Private Limited, a local partner.

This occurs while Pakistan is implementing energy-efficient transportation methods and lowering its carbon footprint to promote cleaner air.

Through this program, Pakistan’s auto sector would develop and consumers will have easier access to green products.

Unmute BYD will produce electric cars locally in Pakistan, allowing the country to export cars with right-hand drive (RHD).

The Special Investment Facilitation Council’s efforts to draw in foreign investment are greatly aided by BYD’s investment.

Prior to this, China and Pakistan decided to form a Working Group (WG) on five new economic corridors as part of the second phase of the China-Pakistan Economic Corridor (CPEC), in accordance with the Planning Ministry’s previously developed 5Es framework.

A press release stated that the agreement was made during a meeting that lasted more than an hour here at the Planning Ministry between Chinese Ambassador to Pakistan Jiang Zaidong and Federal Minister of Planning, Development, and Special Initiatives Professor Ahsan Iqbal.

“While opting to form a working group on five new economic corridors, including the Corridor of Job Creation, Corridor of Innovation, Corridor of Green Energy, and Inclusive Regional Development,” the parties “agreed to expedite phase 2 of the CPEC” during the meeting.

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PM Shehbaz will meet with Saudi ministers and speak at the WEF special session today.

Published

10 hours ago

Farwa

On the third day of his visit to the Kingdom, Prime Minister Shehbaz Sharif will speak at the World Economic Forum Special Meeting’s final plenary, which is titled “Rejuvenating Growth.”

Other speakers at the concluding plenary, in addition to the prime minister, are Saudi Arabia’s Minister of Economy and Planning Faisal Alibrahim, British Secretary of State David Cameron, WEF Geneva President Brørge Brende, and WEF Head of Middle East and North Africa Maroun Kairouz.

Meetings with Saudi ministers of trade, energy, the environment, and agriculture are also scheduled for the third day of the prime minister’s visit. He will probably also meet with his counterpart from Malaysia.

Mohammed bin Salman, the prime minister and crown prince of Saudi Arabia, will be present at the World Economic Forum’s (WEF) Special Meeting on Global Collaboration, Growth, and Energy for Development, which gets underway here today.

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The nomination of Ishaq Dar as deputy prime minister raises concerns.

Published

10 hours ago

Farwa

A lot of doubts have been raised by Ishaq Dar, the foreign minister, being appointed deputy prime minister.

No reference to the Constitution, regulations, or any other law was mentioned in the Cabinet Division’s notification of the appointment.

What powers Prime Minister Shehbaz Sharif used to designate Ishaq Dar as deputy prime minister has come under scrutiny in light of this.

There are questions about the legal foundation for the deputy prime minister’s nomination as it appears from the notification’s phrasing that rules for the position have not yet been established, according to insiders.

Likewise, the announcement is vague about the deputy prime minister’s proposed authority.

Deputy prime minister would be purely symbolic, according to government sources, and would not be authorized to carry out prime ministerial duties. In Pakistan, the deputy prime minister has previously been nominated.

The PPP administration appointed Chaudhry Parvez Elahi as deputy prime minister.

Observe that Foreign Minister Ishaq Dar was appointed deputy prime minister on Sunday with Prime Minister Shehbaz Sharif’s consent; the Cabinet Division formally announced the appointment.

Dar holds the position of Pakistan’s fourth deputy prime minister. Previous appointments to the position of deputy prime ministers included Parvez Elahi, Zulfikar Ali Bhutto, and Begum Nusrat Bhutto.

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The green colour of WhatsApp ‘angers’ some users.

Published

10 hours ago

Farwa

After changing its display colour from blue to green, WhatsApp, which was before well-known for its blue motif, caused its users to hold divergent views.

New upgrades to the Meta app always spark a lot of discussion, regardless of how big or small the changes are.

Still, Meta-owned WhatsApp hopes that these modifications would “make it more accessible as well as easier to use” and offer a “modern, new experience” with relation to the updated display color.

A statement from the firm claimed that they had altered WhatsApp’s “looks and feels, including spacing, colors, icons, and more.”

Both iOS and Android users can now view the new WhatsApp update; the green tint on the latter has changed from the previous version.

However, iPhone users will notice that every display element, including the chat-list window and status bar, has changed with the recent design update. WhatsApp used to have a blue color scheme on iPhones.

Furthermore, the formerly blue links shared within the app are now displayed in green.

In addition, WhatsApp has made other improvements to improve its user experience outside of the color shift.