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Showing posts from October 4, 2017

Alejano claims Chinese forces inching closer to Pag-asa

http://globalnation.inquirer.net/160652/philippine-news-updates-gary-alejano-china-pag-asa-island By:  Vince F. Nonato  - Reporter /  @ VinceNonatoINQ Philippine Daily Inquirer  / 08:53 PM October 04, 2017 Photos courtesy of Magdalo Rep. Gary Alejano. Magdalo Rep. Gary Alejano claimed on Wednesday that Chinese “maritime militia” harassed a Philippine patrol vessel two weeks ago in three sandbars west of the Filipino-occupied Pag-asa Island. Citing an unidentified source, Alejano said four Chinese vessels drove away the Philippine patrol using sirens and seemed to have been “stationed permanently” at the vicinity of Pag-asa Island to claim the sandbars much closer to Philippine-administered areas. Initially, he said there was no untoward incident when the Philippine vessel reached sandbar 3, which is only two nautical miles off the island. ADVERTISEMENT Two NM south, however, the Chinese militia sounded its siren to warn the Philippine vessel from approaching sandbar 2, which i

Former Australia FM supports collaboration with China's Belt and Road Initiative

http://news.xinhuanet.com/english/2017-10/04/c_136658612.htm Source: Xinhua |  2017-10-04 17:39:16 | Editor: Liangyu Former Australia Foreign Minister Gareth Evans gives a speech while launching his new book "Incorrigible Optimist" at the National Press Club in Canberra, Australia, on Oct. 4, 2017. Gareth Evans, who served as Australia's foreign minister under the Labor government from 1988 to 1996, on Wednesday endorsed the idea that Australia should embrace China's Belt and Road Intitiative in developing its north. ( Xinhua / Xu Haijing ) CANBERRA, Oct. 4 (Xinhua) -- Gareth Evans, who served as Australia's foreign minister under the Labor government from 1988 to 1996, on Wednesday endorsed the idea that Australia should embrace China's Belt and Road Intitiative in developing its north. Speaking in Canberra at the National Press Club to launch his book, "Incorrigible Optimist", Evans urged fellow Australians to respect the reality that China

China: Citi staffs up for Belt and Road

https://www.euromoney.com/article/b15104238q9zmg/china-citi-staffs-up-for-belt-and-road By: Chris Wright Published on: Wednesday, October 04, 2017 New recruits show bank sees tangible business from Belt and Road; some will be new hires, others existing staff being moved. Order Citi is to add at least 25 bankers to its Belt and Road coverage team, in a signal that international banks are moving from vague comments about the potential of the Chinese international infrastructure policy to concrete action in expectation of lucrative work. Citi says the additions – a combination of new hires and redeployments of existing corporate bankers – will take place over the next two years. Gerry Keefe, corporate banking head Asia Pacific, says there is no clear need for additional teams in capital markets and investment banking, where the capacity is already in place. “A lot of this is going to be more about flow-type banking capabilities: cash management, trade finance, good old-fashioned lending

MPs lament non-provision of gas to Balochistan

http://nation.com.pk/business/05-Oct-2017/mps-lament-non-provision-of-gas-to-balochistan Installation of LPG-air mix plants in province very slow, 5,407MW additional power to be added to system by June 2018, Senate body told ISLAMABAD - Senate Committee on Energy on Wednesday lamented the non-provision of gas to Balochistan. During the meeting of the Senate Committee on Energy, which was chaired by Senator Mir Israrullah Khan Zehri, Senator Yousaf Badini said that even Quetta, the capital of Balochistan, is not getting gas completely. Senator Zehri showed concern over the non-provision of gas to the majority districts of Balochistan and said that the committee is continuously recommending the installation of LPG-air mix plants in the Balochistan but the implementation is very slow. He offered his personal land for the installation of LPG-air mix plants and said that now the directives should be implemented in letter and spirit. Senator Yousaf Baluch said that the residents of th

Four road projects worth $3.3 billion added to CPEC  

http://dailytimes.com.pk/business/05-Oct-17/four-road-projects-worth-33-billion-added-to-cpec 05-Oct-17by  DNA ISLAMABAD :  Four mega road projects worth more than $3.3bn have been added to the $62bn China-Pakistan economic corridor (CPEC). According to a local newspaper, the decision was agreed at the fifth meeting of the CPEC transport working group, held in Karachi on Saturday, 23 September. Detailed designs for the roads will be completed by November, whereas, land acquisition has already begun. A 290km road, estimated to cost $200m, will link two of Pakistan's main east-west highways: the N40 at Nok Kundi and Panjgur on the N-85. Another project, estimated to cost around $2.5bn, will run 200km from Mirpur, through Muzaffarabad to Mansehra. A 354km road, estimated to cost $430m, will connect Gilgit to Shindor and Chitral. Meanwhile, the first section of the Peshawar Bus Rapid Transit corridor project will be constructed by Maqbool-Calson-China Engineering (MCCE). The road p

CPEC toll income to be thrice the budget of Pakistan: BoI

https://www.thenews.com.pk/print/234547-CPEC-toll-income-to-be-thrice-the-budget-of-Pakistan-BoI Jawwad Rizvi October 5, 2017 LAHORE: Only the toll income generated by the route of China-Pakistan Economic Corridor (CPEC), after the completion of the project by 2030, will be three times of the national budget of Pakistan, an official said on Wednesday.  “It is on top of the business, economic, and employment creating activities of special economic zones (SEZs), and other industries,” Zulfiqar Ali, director Board of Investment (BoI) said while briefing Lahore Economic Journalist Association (LEJA) a local venue.  “The national investment agency is targeting to increase the foreign direct investment (FDI) to $250 billion for infrastructure development and other industrial activities by 2025, including joint industrial cooperation between Pakistan and China.”  Ali said that Pakistan had already started development of seven SEZs with Chinese cooperation out of which three each were b

Meet Kiran Sadhwhani – Pakistan’s first Thari engineer working at CPEC power project

https://en.dailypakistan.com.pk/pakistan/meet-kiran-sadhwhani-pakistans-first-thari-engineer-working-at-cpec-power-project/ Pakistan by  Mahmood Idrees  | Published on October 4, 2017 (Edited October 5, 2017)  🔗 Facebook Twitter Reddit THARPARKAR – Kiran Sadhwani, a girl from drought-hit region of Thar, never thought of becoming the first woman engineer at a mega power project running under China-Pakistan Economic Corridor (CPEC) when she started studying engineering. Article continues after the advertisement The 23-year-old, who studied at Mehran University of Engineering Technology, applied for the job when she learnt about vacancies for Thar Coal Power Project. With dreams of serving her community, she preferred the field-based job over working in offices in other big cities like Karachi. “I was selected out of 4,000 candidates about eight months ago,” she said, adding that she passed every step for selection despite it being hectic. “But my selection proves that a Thar

US supports India on 'One Belt One Road' stand, says it crosses 'disputed' territory

http://www.ibtimes.co.in/us-supports-india-one-belt-one-road-stand-says-it-crosses-disputed-territory-744252 In May, India had boycotted the Belt and Road Forum, citing that it cannot accept a project which ignores its core concern over sovereignty and territorial integrity. By:  Namrata Tripathi October 4, 2017 09:58 IST The United States on Wednesday backed India's opposition to the China-Pakistan Economic Corridor (CPEC), agreeing with New Delhi that it passes through a disputed territory and no nation should put itself into a position of dictating the Belt and Road initiative. India had decided to not attend the Belt and Road Forum (BRF) held in China in May because of  sovereignty concerns over CPEC, a flagship project of One Belt One Road (OBOR), which passes through Pakistan-occupied Kashmir (PoK) One Belt One Road (OBOR) is a development strategy proposed by Chinese President Xi Jinping, which focuses on connectivity and cooperation between China and the rest of Eur

US rejection of CPEC a boon for India

http://www.freepressjournal.in/analysis/us-rejection-of-cpec-a-boon-for-india/1148467 — By Editorial | Oct 05, 2017 08:20 am FOLLOW US: AFP PHOTO / Tauseef MUSTAFA It is happy augury that the Trump administration has thrown its weight behind India’s opposition to the China- Pakistan Economic Corridor (CPEC), saying it passes through a disputed territory, in obvious reference to Pakistan-occupied Kashmir. It speaks well of the impact that Prime Minister Narendra Modi and Defence Minister Nirmala Sitharaman made on US Defence Secretary Jim Mattis when he was in New Delhi recently on his first official visit to India. Mattis’ observation that no country should put itself into a position of dictating the Belt and Road initiative was an indirect attack on China which is commending the One Belt One Road (OBOR) thrust to countries in the region to serve its own selfish purpose of appropriating the route to its trade and hegemonistic advantage. India had skipped the Belt and Road Forum (

Internet service being restored in Balochistan districts, NA told

https://www.samaa.tv/pakistan/2017/10/internet-service-restored-balochistan-districts-na-told/ October 3, 2017   By: Khan Zahid Published in  Pakistan ,  SCI-TECH ISLAMABAD : Minister for Parliamentary Affairs Aftab Ahmed Sheikh on Tuesday apprised the National Assembly that internet service in various districts of Balochistan was suspended due to security concerns by security agencies in 2009. Responding to a calling attention notice raised by Ms Naseema Hafeez Panezai and others regarding closure of internet services in district Killa Abdullah, Pishin, Kech, Panjgur, Dalbadin and Kharan, the minister said now the internet services was being gradually restored. Mobile service had already been provided in various districts of Balochistan, he added. He assured the House that a meeting of the concerned officials would be arranged with movers of the Calling Attention Notice to resolve the issue promptly. Earlier, Naeema Hafeez and Abdul Qadar Wadan said people of the areas were

CPEC is a Game Changer and Not a Game Over

https://pakobserver.net/cpec-game-changer-not-game/     Save   Adnan Khan The writer is a Research Associate at the Centre of Excellence-China Pakistan Economic Corridor (CoE-CPEC) and a PhD Scholar at Pakistan Institute of Development Economics, Islamabad. In the contemporary world, economy is treated as the strength of a State. The time has gone when the superpowers had large arsenals and extensive colonies to support their economies. Twenty first century is an era of economic independence and self-reliance. Currently, those nations which are economically independent, sovereign and self-reliant are dominant in the global geopolitical and economic scenario. The story behind the success of the Western powers, China, Japan, South Korea, Malaysia, Singapore and other fast progressing economies is their economic integration and industrialization. However, Pakistan as a country has different geopolitical and geo-economic position. Though Pakistan is a resource-rich and labour abundant

US will try to work with Pakistan ‘one more time’, says Mattis

ReutersUpdated October 04, 2017 WASHINGTON: US Defence Secretary James Mattis said on Tuesday Washington would try “one more time” to work with Islamabad on the Afghanistan front before President Donald Trump turned to options to address Pakistan’s alleged support for militant groups. “We need to try one more time to make this strategy work with them, by, with and through the Pakistanis, and if our best efforts fail, the President is prepared to take whatever steps are necessary,” the defence secretary said at a hearing of the House Armed Services Committee. According to sources in Washington, the likely Trump administration responses being discussed include expanding US drone strikes and perhaps eventually downgrading Pakistan’s status as a major non-Nato ally. In a separate Senate hearing on Tuesday, the top US military officer said he believed the Inter-Services Intelligence (ISI) had ties to militant groups. “It is clear to me that the ISI has connections with terrorist group

Hind Baloch Forum: Terrorist state of Pakiatan & It's​ brutality in Balochistan