https://www.scmp.com/rss/330019/feed Haroon Janjua is based in Islamabad, Pakistan en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Seven-year-old Hassan Khan is one of Pakistan’s tens of thousands of homeless children who each day pick through garbage on the outskirts of Islamabad, the capital, in search of human hair. “Hair is among my daily items, which also include plastics and other materials,” said Khan, adding that he is paid about 70 cents per day for his efforts. He is part of a global trade in hair that was estimated to be worth more than $81 million in 2017. Pakistan is now among the world’s top suppliers: the... https://www.scmp.com/business/pakistans-hair-feeding-demand-chinas-cosmetics-industry/article/3000739?utm_source=rss_feed https://www.scmp.com/business/pakistans-hair-feeding-demand-chinas-cosmetics-industry/article/3000739?utm_source=rss_feed Fri, 08 Feb 2019 09:02:28 +0000 Seven-year-old Hassan Khan is one of Pakistan’s tens of thousands of homeless children who each day pick through garbage on the outskirts of Islamabad, the capital, in search of human hair. Unknown to him, Khan is part of a global trade in hair that was estimated to be worth more than US$81 million in 2017. Pakistan is now among the world’s top suppliers: the Ministry of Commerce said last month that it had exported at least US$1.6 million in human hair over the past five years. “Hair is among... https://www.scmp.com/week-asia/economics/article/2185188/human-hair-growing-business-china-and-pakistan-taking-cut?utm_source=rss_feed https://www.scmp.com/week-asia/economics/article/2185188/human-hair-growing-business-china-and-pakistan-taking-cut?utm_source=rss_feed Wed, 06 Feb 2019 10:15:00 +0000 Pakistan has officially asked China to shelve a joint US$2 billion coal power project from the US$62 billion China-Pakistan Economic Corridor (CPEC) infrastructure project, claiming it will be too expensive and should not be an immediate priority. The request was made when Makhdoom Khusro Bakhtyar, Pakistan’s minister for planning and development, travelled to Beijing in December for a CPEC coordination meeting, according to a government official not authorised to speak publicly on the... https://www.scmp.com/week-asia/geopolitics/article/2182326/cash-strapped-pakistan-asks-china-shelve-us2-billion-coal?utm_source=rss_feed https://www.scmp.com/week-asia/geopolitics/article/2182326/cash-strapped-pakistan-asks-china-shelve-us2-billion-coal?utm_source=rss_feed Wed, 16 Jan 2019 06:15:45 +0000 Pakistan is set to receive a US$6.2 billion lifeline courtesy of the United Arab Emirates, according to a senior government official in Islamabad. The package, which will include US$3.2 billion of oil supplies on deferred payment, was finalised during a meeting between Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed and Pakistani Prime Minister Imran Khan on Sunday, said the official, who was not authorised to speak publicly on the matter. Pakistan’s Information Minister Fawad Chaudhry... https://www.scmp.com/news/asia/south-asia/article/2181078/united-arab-emirates-hands-pakistan-us6-billion-lifeline?utm_source=rss_feed https://www.scmp.com/news/asia/south-asia/article/2181078/united-arab-emirates-hands-pakistan-us6-billion-lifeline?utm_source=rss_feed Mon, 07 Jan 2019 14:45:30 +0000 China has pledged to lend an additional US$2 billion to Pakistan to increase the foreign exchange reserves of its South Asian ally, according to a government official in Islamabad. On Wednesday, an official who is not authorised to speak publicly on the matter said: “As Pakistan’s financial position is weak and to further avoid economic crisis, the government is preparing to take appropriate measures to fix the economy through financial help from China.” Pakistan is trying to overcome its... https://www.scmp.com/week-asia/geopolitics/article/2180498/pakistan-secures-further-us2b-funding-china-avoid-economic?utm_source=rss_feed https://www.scmp.com/week-asia/geopolitics/article/2180498/pakistan-secures-further-us2b-funding-china-avoid-economic?utm_source=rss_feed Thu, 03 Jan 2019 04:30:30 +0000