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CPIC Opens First Regional Trade Office in Karachi

Pakistan and China have launched the China-Pakistan Information Corridor in Islamabad to strengthen media cooperation, information sharing, trade and cultural exchanges as both nations celebrate 75 years of diplomatic relations. At the Pakistan-China Friendship Centre, Information Minister Attaullah Tarar highlighted collaboration among media organizations, businesses, think tanks, universities and youth. Chinese Ambassador Jiang Zaidong, Foreign Ministry spokesperson Mao Ning and Information Secretary Ashfaq Ahmed Khalil attended the ceremony. CPIC’s business pillar will promote bilateral trade and investment, with its first regional office established in Karachi.

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HESCO and SEPCO Boards to Be Reconstituted

The government has approved changes to the boards of three state-owned enterprises: Hyderabad Electric Supply Company, Sukkur Electric Power Company and National Engineering Services Pakistan. The boards of HESCO and SEPCO will be reconstituted, while NESPAK will receive a chairman/independent director. The finance minister said government representatives serving as ex-officio directors should be suitably placed, competent and experienced, with a strong understanding of their institutions. The appointments aim to ensure effective representation of the respective government divisions on the boards.

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PTA Confirms Registration of Two Platforms

The Pakistan Telecommunication Authority has formally registered BIGO LIVE and Likee in Pakistan under Bigo Service Pakistan (Pvt.) Ltd. The registration was made in accordance with the Removal and Blocking of Unlawful Online Content rules.

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Cement Maker Targets Pakistan’s EV Industry

Thatta Cement plans to enter Pakistan’s electric vehicle market through a wholly owned subsidiary. The company will initially import completely built-up electric vehicles from China, aiming to establish an early presence in the country’s developing EV industry. The plan was disclosed in a filing to the Pakistan Stock Exchange.

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