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S.Korea’s auto export, production, local sales fall 

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S.Korea's auto export, production, local sales fall 

SEOUL: South Korea’s automobile export, production, and local sales all declined last month on less working days, a government report showed today. 
The number of cars exported was 160,442 in February, down 1.6 percent from a year ago, according to the Ministry of Trade, Industry, and Energy. It was attributed to fewer business days as the Lunar New Year holiday fell in last month. In terms of value, car export gained 2.7 percent to 2.88 billion U.S. dollars on higher vehicle price. Shipment of car components dipped 2.8 percent to 1.64 billion U.S. dollars.
Automobile production declined 7.1 percent over the year to 257,267 vehicles in February on less working days. In the domestic market, car sales shrank 4.2 percent to 120,617 units last month. The sale of locally-made cars was down 1.3 percent, while imported vehicle sale tumbled 19.1 percent.

 

 

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Asia

PM Imran congraulates Modi on BJP victory

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ISLAMABAD: Imran Khan has congratulated Narendra Modi on BJP’s landmark victory via telephone here on Sunday. 

Prime Minister Imran Khan has expressed his desire for both countries to work together for the betterment of their peoples.

“Reiterating his vision for peace, progress, and prosperity in Sout Asia, the Prime Minister said he looked forward to working with Prime Minister Modi to advance these objectives,” Spokesman added. 

Incidentally, Hindu Nationalist BJP has ameliorated its position by bagging 303 seats. 

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Asia

President Alvi meets Chinese VP Wang Qishan

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ISLAMABAD: President Dr. Arif Alvi held a meeting with Chinese Vice President Wang Qishan at the Presidency here today. 

The two leaders discussed bilateral relations and matters pertaining to mutual interests. Those present on the occasion included among others Foreign Minister and Planning Minister.

A relevant piece published earlier: 

Vice President of China arrives in Islamabad

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Asia

Nishan-e-Pakistan conferred on Chinese VP

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ISLAMABAD: President Dr. Arif Alvi conferred Nishan-e-Pakistan to visiting Chinese Vice President Wang Qishan in recognition of his services in promoting Pak China relations at an impressive ceremony held at President House today.

The ceremony was attended by Chairman Senate, services chiefs, cabinet members, MNAs, and foreign dignitaries.

Wang Qishan is a great friend of Pakistan and ardent supporter of Pak-China Friendship. He played a pivotal role in spearheading the revolutionary agenda of President Xi Jinping. Nishan-e-Pakistan is the highest civil award that is granted for the highest degree of service to the country and nation of Pakistan.

A relevant piece published earlier: 

Vice President of China arrives in Islamabad

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