ISLAMABAD: The Asian Development Bank (ADB) on Tuesday announced it has appointed Yong Ye, as its new country director for Pakistan with immediate effect. Yong Ye will lead the ADB operations in Pakistan and manage its Pakistan Resident Mission in Islamabad. Ye will also oversee the implementation of the ADB’s new Country Partnership Strategy 2021/25, … Read more
LAHORE: Considering the surplus after meeting domestic consumption of 2.5 million tonnes, Pakistan is ready to export 3.75 million tonnes rice annually to China, an official said on Tuesday. S M Naveed, president of the Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI), said that China has emerged as one of the destinations for Pakistani … Read more
A shipment of nearly 980,000 doses of Covid-19 vaccines donated by domestic drug-maker China National Biotech Group through COVAX was transported to Pakistan as part of China’s effort to help the rest of the world tackle the Covid-19 pandemic, the company said. The doses, the first sent in a 170 million dose agreement, were packaged … Read more
KARACHI: While Prime Minister Imran Khan undertakes his day-long trip to Karachi, Leader of the Opposition in Sindh Assembly Haleem Adil Sheikh said that work was in full swing on the federal government-funded development projects in the metropolitan to uplift the provincial capital and provide basic facilities to its residents. Haleem Adil Sheikh, in a … Read more
ISLAMABAD: Pakistan’s services trade deficit contracted 43.45 per cent during the fiscal year 2020/21, compared with the corresponding period of 2019/20, the data released by the Pakistan Bureau of Statistics (PBS) revealed. The services trade deficit during July-June 2020/21 was recorded at $1.875 billion against the deficit of $3.315 billion in July-June 2019/20, showing a … Read more
KARACHI: The K-Electric Limited (KEL) and Pakistan LNG Limited (PLL) have signed a gas supply agreement for the supply of 150mmcfd re-gasified liquefied natural gas (RLNG) for K-Electric’s 900MW plant at Port Qasim (BQPS-III), a government official said. Once fully operational, the $650 million, 900MW plant will bolster Karachi’s power supply, as the project is … Read more
Pakistan told the UN Security Council that India’s “belligerent and aggressive” policies posed an immediate and pervasive threat to international and regional peace and security, especially as it had nuclearised the Indian Ocean— an important avenue for global trade. “In pursuance of its hegemonic designs, India has nuclearised the Indian Ocean and continues to induct … Read more
KARACHI: Lawyers boycotted court proceedings in Karachi on Tuesday to record their protest against the proposed appointment of Chief Justice Sindh Ahmed Ali M Shaikh as an ad hoc judge of the Supreme Court of Pakistan. Standing at the entrance of Sindh High Court and respective districts’ courts, office bearers of the bar bodies and … Read more
ISLAMABAD: Foreign Office Spokesperson Zahid Hafeez Chaudhri on Tuesday categorically rejected the unsubstantiated media reports alleging Pakistan cracking down on overseas dissidents, saying Pakistan as a parliamentary democracy protected rights of its national living anywhere in the world. In response to media queries regarding baseless allegations of Pakistani institutions cracking down on overseas Pakistanis, the … Read more
KARACHI: Emirates, the premier partner and the official airline of Expo 2020 Dubai, has launched an exclusive offer for customers to experience the excitement of the World Expo, the largest-of-its-kind event in the region. Emirates customers visiting Dubai, and travelling through Dubai, anytime during the much-awaited mega event running from October 1, 2021 to March … Read more
Foreign Minister of the Republic of Iraq Dr Fuad Hussein will be undertaking a bilateral two-day visit to Pakistan from Wednesday. The foreign dignitary is visiting on the invitation of his Pakistani counterpart Shah Mahmood Qureshi. During the visit the two foreign ministers will hold an in-depth exchange of views on all aspects of bilateral … Read more
US on Tuesday stated that Washington was in conversation with Pakistani leadership about the alleged “safe havens that exist along that border between Afghanistan and Pakistan”. Addressing reporters during a press briefing, Pentagon Press Secretary John F Kirby said that US was mindful that those safe havens were providing a source of more insecurity, more … Read more
ISLAMABAD: President Dr Arif Alvi has said that with the timely decisions and preparedness on digitalisation, Pakistan could make great strides in technological revolution. Addressing the Digital Government Summit, held at the Aiwan-e-Sadr, the president said: “Pakistan will be catapulted in the era of technological advancement if it keeps making fast decisions to join the … Read more
In the Indian capital, Delhi, near the parliament, hardline Hindus chanted provocative and inflammatory slogans against Muslims and Islam during a program. Police in the Indian capital, Delhi, say they have registered a case in connection with provocative anti-Muslim slogans on the Jantar Mantar. According to police, a case has been registered against some unidentified … Read more
KARACHI: The Federal Board of Revenue (FBR) has filed a reference against a chairman of an Islamic bank for possessing benami properties, a statement said. The Anti-Benami Initiative Zone-III, Karachi of the revenue board has filed a reference before the adjudicating authority under section 22 of the Benami Transactions (Prohibition) Act, 2017 against the chairman … Read more
ISLAMABAD: Pakistan and China have reaffirmed their resolve to further boost bilateral cooperation in various fields for the mutual benefit of the two countries. Both sides also emphasised the need for making collective efforts to promote peace, prosperity and development in the region. This was discussed at a meeting between President Dr Arif Alvi and … Read more
KARACHI: Karachi Chamber of Commerce and Industry (KCCI) president M Shariq Vohra and Pakistan Single Window (PSW) additional director Naveed Abbas Memon inaugurated the National Database Registration Authority’s (Nadra) e-Sahulat facility at the KCCI premises, making it the first chamber to launch such an important facility, a statement said. The facility will provide members of … Read more
ISLAMABAD: The Tarbela hydropower project would help meet the rapidly increasing requirements of water and electricity in the country, a senior government official said. Chairing a high-level meeting to review the progress on the Tarbela hydropower project (T5), Federal Minister for Economic Affairs Omar Ayub Khan said that it will also improve the energy security … Read more
