The decline in the first half was mainly caused by a substantial increase in impairment loss provisions and interest expenses, said the company's executive management team in a statement posted on its website on Sept 4.
The development of Gwadar is laying a strong infrastructural foundation for the future development as well as creating new employment and business opportunities. The continuous progress through swiftly completed projects has increased Pakistanis' trust in Gwadar.
The demand for infrastructure investment in countries and regions participating in the initiative is huge, and such investment will drive significant demand for construction materials and equipment, leading to an increase in direct and indirect demand for steel, Balhuizen said.
The decision was passed as the 23rd session of the Standing Committee of the 13th National People's Congress concluded on Wednesday. During the two-day meeting, national legislators deliberated a motion proposed by the State Council on the request of Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor.
The document instructed provincial-level governments to coordinate the reform and held municipal and county-level governments accountable for its implementation.
The density of PM2.5 in those cities went up 10.3 percent percent from a year ago, and the density of PM10 climbed 10.7 percent.
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The disciplinary actions teachers are allowed to apply to students who have engaged in minor violations include identifying them in public and criticizing them.
The discipline inspection commission has launched 12 rounds of inspections at 277 Party and government departments, State-owned enterprises, institutes and universities since the 18th CPC National Congress in 2012.
The debt-to-asset ratio of the SOEs stood at 64.5 percent as of the end of June, according to the MOF.
The directive also promotes Taiwan companies to play a part in the cosmopolitan area's goal to build the "four brands" -- service, manufacturing, consumption and culture.