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CPEC security: Beijing had been talking directly to Baloch militants for over five years!

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KARACHI: It has reliably been learnt that China – that had attempted to adhere to its policy of non-interference in the regional affairs for fifty years – had surreptitiously been talking to Baloch militants for more than five years now.

According to details China is not only keen to ensure the security of $60b CPEC projects, it is also endeavoring to fill in the gap left vacant after Trump administration’s distancing from Pakistan accusing it of failing to contain Taliban. 

Sources privy to Newspakistan.tv have insinuated that as a result of successful negotiations the Baloch militants had not only refrained from all-out attack, they are also laying down arms in order to economically  benefit from CPEC projects.  

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Motor bikes and three-wheelers’ sale up by 16.18%

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ISLAMABAD: Sale of motorbikes and three wheelers in the country during first 11 months of current fiscal year (2017-18) increased by 16.18 percent as compared to the sale during July-May 2016-17. 
The motor bikes sale rose to 1,744,463 units during July-May 2017-18 compared to sale of 1,501,393 units in same period of previous year. On year-on-year basis, the motor bike and three wheelers’ sale in the country also rose to 169,298 units in May 2018 from 153,855 units in same month of last year, posting an increase of 10 per cent. According to details issued by Pakistan Automotive Manufacturing Association (PAMA), sale of Honda bikes surged by 19.15 per cent as it jumped to 1,058,839 units in Jul-May (2017-18) from 888,640 units in same period of previous year.
On year-on year basis, the sale of Honda bikes also soared to 105,161 units in May 2018 compared to the sale of $93,060 bikes in same month a year ago, showing an increase of 13 percent. Similarly, production of Suzuki two-wheelers also registered an increase of 17.5 per cent as it was recorded 19,657 units against the sale of 16,725 units in same period of last year, however DYL motorcycles’ sale fell by 21.68 per cent to 5,460 units during the period under review against the production of 6,972 units in same same period of previous year.
The sale of Yamaha motorcycles also increased to 19,832 units in Jul-May 2017-18 from 12,262 units in same period of previous year thus registering an increase of 61 per cent.
Sale of Ravi bikes also witnessed an increase of 32.1 percent as it increased to 26,606 units in July-May 2017-18 from 20,134 units in same period of previous year, whereas the sale of Roadprince bikes declined by 10 per cent from 189,803 units in July-May (2016-17) to 170,831 units in the period under review.
During July-May (2017-18), as many as 372,558 units of United Auto motorbikes were produced in the country against 298,329 units in same period of the preceding year, showing an increase of 24.9 per cent. Sale of Qingqi three-wheelers went down to 23,592 units in first 11 months of current fiscal year against 27,770 units in same period of previous year, posting a decrease of 15.04 percent.Sazgar three wheelers’ sale posted a slight increase of 1.32 percent as it rose to 19,964 units compared to 19,703 units in last year.
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Economy

Food Security and Research: Rs.1054,249m released!

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ISLAMABAD: The government has released Rs 1054.249 million for food security & research under its Public Sector Development Programme (PSDP) 2017-18 as compared the total allocation of Rs 1615.669 million earmarked for the financial year to end on June 30, 2018.
Under the development programme, an amount of Rs 350 million was released for promotion of olive cultivation on a commercial scale in the country as against the total allocation of Rs 500 million during the current financial year. Under PSDP 2017-18, the government has also released Rs 199.16 million for national pesticides residue monitoring system as against the total allocation of Rs 284.308 million during the period under review. In order to promote the aqua culture in the country, the government had allocated Rs 48.174 million in the annual development programme for aqua feed production for commercially important cultureable fishes and released Rs 40.174 million by the mid of the current month.
The government has released Rs 25.616 million for the development of clean and true to type fruit plant nurseries at the national level as the government had allocated Rs 36.91 million for 2017-18. In order to control the risk based control of foot and mouth diseases in the county and to promote the livestock and dairy production, the government has released Rs 103.725 million as against the allocation of Rs 134.920 million. Meanwhile, an amount of Rs 127.284 million was provided for the project up-gradation of arid zone research institute to the level of arid zone research and establishment of new adaptive res.cum demonstration institute at Seakach, Wana, South Waziristan Agency, Mirhanshah, North Waziristan Agencies.
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US$ 1.889b worth of rice exported in 11 months!

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ISLAMABAD: The rice exports from the country during 11 months of current financial year registered 29.15 percent growth as compared the exports of corresponding period of last year as about 3.842 million metric tons of rice worth US$ 1.889 billion exported.
The exports of the above-mentioned commodity were recorded at 3.889 million metric tons valuing US$ 1.463 billion during the same period of last year, according to the data of Pakistan Bureau of Statistics.
During the period from July-May, 2017-18, 461,472 metric tons of basmati rice worth US$ 478.853 million were exported as against the exports of 406,824 metric tons worth US$ 385.746 of the same period last year.
In last 11 months of the financial year 2017-18, basmati rice exports grew by 24.14 percent as compared the exports of the corresponding period of last year, the data further added.
Meanwhile, the country earned US$ 1.411 billion by exporting about 3.380 million metric tons of rice other than basmati rice during the period under review as compared the exports of 2.860 million metric tons valuing US$ 1.077 billion of the same period last year, it added.
It may be recalled that food group exports during last 11 months of the current financial year witnessed about 30.80 percent growth as different food commodities including rice, fish, fish products, meat, meat preparations, fruits, vegetable pulses and others worth US$ 4.479 billion exported.
The exports of food commodities during the same period of last financial year was recorded at US$ 3.425 billion, the data revealed.
On the other hand, rice exports on month on month basis also witnessed a tremendous increase in the month of May 2018 as compared the same month of last year as it went up by 79.62 percent and reached at 376,863 metric tons worth US$ 209.898 million.
In last month, exports of basmati rice witnessed 32.83 percent growth and about 54,061 metric tons of basmati rice valuing US$ 53.384 million exported as compared the exports of 48,571 metric tons worth US$ 40.190 million of the same month of last year.
The exports of rice other then basmati witnessed 104.16 percent growth during the period under review and about 322,802 metric tons of rice worth US$ 156.514 million exported as against the exports of 173,782 metric tons valuing US$ 76.664 million of the same month of last year.

 

 

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