China launches two satellites for Pakistan

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PakTES-1A – is Pakistan’s indigenously developed remote sensing. (Photo courtesy: Press Information Department)
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Pakistani and Chinese nationals holding the flags of their respective countries before the launch. (Photo courtesy: Press Information Department)
Updated 10 July 2018
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China launches two satellites for Pakistan

  • PakTES-1A, Pakistan’s indigenously developed remote sensing satellite, was launched from northwest China along with PRSS-1
  • Satellite PRSS-1 will be used for land and resources surveying and monitoring of natural disasters, according to Pakistan officials

ISLAMABAD: China launched two satellites, “PakTES-1A” and “PRSS-1,” for Pakistan on Monday.
Remote Sensing Satellite-1 (PRSS-1) was launched by LM-2C/SMA launch vehicle from Jiuquan Satellite Center, China, said the Ministry of Foreign Affairs in a statement.
“The 1,200 kg satellite PRSS-1 will operate at an altitude of 640 km,” the ministry added.
“The satellite will enable Pakistan to meet its imagery requirements in the areas of land mapping, agriculture classification and assessment, urban and rural planning, environmental monitoring, natural disaster management and water resource management for socio-economic development of the country, the statement said.




Satellites for Pakistan were launched on a Long March-2C rocket from Jiuquan Satellite Launch Center in northwest China (Photo courtesy: Press Information Department)

Pakistan Technology Evaluation Satellite-1A (PakTES-1A), indigenously designed and developed by the engineers at Space and Upper Atmosphere Research Commission (SUPARCO), has also been co-launched with PRSS-1 by the same launch vehicle, according to the statement.
“PakTES-1A is a 285 kg satellite equipped with an optical payload commensurate with national needs. It has a design life of three years and will operate at an altitude of 610 km,” said the Foreign Ministry.
Pakistan noted that “the successful implementation of PRSS-1 and PakTES-1A projects has further strengthened the space cooperation between Pakistan and China for future collaborations.”
President Mamnoon Hussain and Prime Minister Prime Minister Justice (Retd) Nasir-ul-Mulk have congratulated the nation on this historic event and appreciated SUPARCO’s efforts.
“The prime minister has assured the nation and SUPARCO of complete support for further advancement in space technology, so vital for socio-economic development and the national security of Pakistan,” the Foreign Ministry said.
Pakistan’s first indigenously developed satellite, Badr-1, was launched into low Earth orbit in July 1990 with the help of a Chinese rocket carrier, SUPARCO stated on its website. Badr-2 was launched in December 2001 to explore the upper atmosphere and near space.


Pakistan stocks rebound on easing regional tensions, gain over 1,500 points

Updated 13 January 2026
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Pakistan stocks rebound on easing regional tensions, gain over 1,500 points

  • The development came after Iran said it was keeping communication channels with Washington open amid cost-of-living protests
  • It followed a threat by President Donald Trump last week to intervene militarily if Tehran continued cracking down on protesters

ISLAMABAD/KARACHI: The Pakistan Stock Exchange (PSX) edged higher on Tuesday as the benchmark index gained more than 1,500 points, with analysts citing easing regional tensions following signals of potential talks between Iran and the United States (US).

The benchmark KSE-100 index gained 1,567.36 points, or 0.86 percent, to close at 183,951.50 points, compared to the previous close of 182,384.14 points when the market had shed more than 2,000 points, according to PSX data.

Iran has been witnessing public unrest over worsening economic conditions. Around 2,000 people, including security personnel, have been killed in violent protests, Reuters reported, citing an Iranian official.

Tehran said on Monday that it was keeping communication channels with Washington open as US President Donald Trump imposed 25 percent tariffs on countries trading with the Islamic republic.

“Stocks showed sharp recovery at PSX after Iran and US signal talks over unrest in Iran,” Ahsan Mehanti, chief executive officer at Arif Habib Commodities, told Arab News.

“Surging global crude oil prices and speculations ahead of corporate results in the earnings season played a catalyst role in bullish close.”

Najeeb Ahmed Khan Warsi, digital and retail business officer at Al-Habib Capital Market, said the index had seen a three-day bearish streak.

“Geopolitics and global volatility driving downturn, profit-taking and economic concerns weigh in,” he added.

Meanwhile, Pakistani market research firm Topline Securities said the benchmark index ended the session on a “positive note” on Tuesday.

“Trading interest remained subdued, as total market volumes reached 1,033 million shares, while the value of shares traded stood at Rs62.9 billion,” it said in a daily market review on X.

United Bank Limited (UBL), National Bank of Pakistan (NBP), Muslim Commercial Bank Limited (MCB), Lucky Cement Limited (LUCK) and Meezan Bank Limited (MEBL) jointly contributed 936 points to the index, according to the research firm.

Fauji Fertilizer Company Limited (FFC), Sazgar Engineering Works Limited (SAZEW) and Haleon Pakistan Limited (HALEON) collectively shaved 158 points off the index.

“Bank of Punjab (BOP) led the volume rankings, emerging as the most actively traded stock with 73 million shares,” Topline Securities added.