September 2024

CPEC’s second phase crucial to boost Pakistan’s economic transformation: PM

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At China’s 75th anniversary event, Shehbaz Sharif highlights that cooperation in mining, IT, and agriculture is essential to CPEC’s next phase. According to Pakistan’s Prime Minister Muhammad Shehbaz Sharif, the country’s economy will be significantly transformed by the second phase of the China-Pakistan Economic Corridor (CPEC). At a celebration held by the Chinese Embassy to …

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$42.6 billion is spent on climate finance by the World Bank in FY2024

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Forty-four percent of the $97 billion in finance provided by the World Bank in FY24 went toward climate projects. WASHINGTON: During the fiscal year 2024, which ran from July 1, 2023, to June 30, 2024, the World Bank Group provided a record $42.6 billion in climate finance. This funding supported initiatives to alleviate poverty on …

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UN chairman praises Montreal Protocol for achievements, saying ozone layer recovery is on pace

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UN Secretary-General Antonio Guterres has stated that the ozone layer, which serves as a screen and shields life on Earth from the Sun’s damaging UV rays, is rapidly rebuilding. He has also emphasized the critical role that the Montreal Protocol has played in the ozone layer’s recovery. On the International Day for the Preservation of …

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Beijing: During CIFTIS, the Pakistani embassy organizes a significant investment conference

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To draw in international investment for Pakistan’s diverse industries, the Pakistani Embassy in Beijing organized the “Pakistan Investment Conference – Together for a Shared Future” in conjunction with the esteemed China International Fair for Trade in Services (CIFTIS). Important people from the Chinese and Pakistani business communities came together for the event, which focused on …

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The consuls of Pakistan in US cities convene and deliberate to strengthen community relations and address issues

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Presided over by Ambassador Rizwan Saeed Sheikh, the day-long conference of Pakistan’s consul general in New York, Chicago, Houston, and Los Angeles came to an end on Sunday with a decision to actively engage with the community, enhance service delivery, and promote people-to-people ties with the United States, particularly through fostering business linkages. As he …

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US internet businesses pushed to enforce policies against selling pilfered goods

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Online merchants such as Amazon, eBay, and Facebook Marketplace have been encouraged by US Representative Abigail Spanberger to provide information about their efforts to prevent the resale of stolen items on their platforms. According to projections from the US Department of Homeland Security, organized retail crime (ORC) will result in increased costs for the average …

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Press conference on current problems and obstacles in the textile industry is held by BTMA

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Recently, the Bangladesh Textile Mills Association (BTMA) hosted a press conference to discuss a number of important problems and difficulties that the country’s textile industry is currently facing. The conference raised a number of issues that are affecting the viability and expansion of the sector. The rising cost of raw materials was one of the …

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Turning used cooking oil in a microwave into beneficial compounds

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Researchers at Kyushu University have discovered that employing microwaves to enhance the chemical conversion of biomass into olefins—a precursor chemical used to create anything from plastics to pharmaceuticals—is possible with a zeolite material known as Na-ZSM-5. The team explains that microwave heating of Na-ZSM-5 could lead to a more sustainable and energy-efficient chemical industry in …

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The CEO of Cascale calls for the consumer products industry to take decisive action on the climate catastrophe

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Colin Browne, the newly appointed CEO of Cascale, an international nonprofit alliance, has disclosed important discoveries that will allow the industry to approach decarbonization more precisely. Approximately 600 professionals from the textile, apparel, and consumer products industries heard Browne speak at his first annual meeting as CEO. He outlined practical, data-driven solutions, including a renewed …

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Woolmark introduces the Woolmark+ program to promote sustainability in the wool industry

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Woolmark has announced the launch of Woolmark+, a vision that will bring together brands, woolgrowers, and the supply chain to secure a sustainable future for the wool industry. With a focus on circularity, Woolmark+ aims to enhance animal welfare, woolgrowers’ livelihoods, and the pace of low-impact production. The plan outlines thirteen feasible projects that aim …

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