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IMF raised concerns over certain CPEC projects

News Desk
2018-11-09

ISLAMABAD – The International Monetary Fund (IMF) has expressed concernsover the energy deals reached under the China-Pakistan Economic Corridor(CPEC). On...

Gas loadshedding plan revealed for winter season

News Desk
2018-11-09

*ISLAMABAD – Pakistani consumers to face gas loadshedding during winters,it has been revealed.* *The Ministry of Energy and Petroleum Division...

CPEC: Pakistan to double wind and solar energy production

News Desk
2018-11-09

ISLAMABAD – The priority projects in energy sector under China PakistanEconomic Corridor (CPEC) would help Pakistan optimizing the energystructure by...

Pakistan Foreign exchange reserves hit new low

News Desk
2018-11-09

KARACHI – Foreign exchange reserves held by the central bank continues toshow downward trend for the 11th consecutive week as...

Pakistan kicks off crucial talks with IMF over possible bailout package

News Desk
2018-11-08

ISLAMABAD – Pakistan begins talks with the International Monetary Fund(IMF) on Wednesday over what would be the country s 13th...

Federal government awards licence to yet another Airline

News Desk
2018-11-08

ISLAMABAD – The federal cabinet has decided to grant the Regular PublicTransport License (RPTL) to the newly introduced Liberty Air...

One of the World s largest mobile payment platform makes entry into Pakistan

News Desk
2018-11-08

ISLAMABAD – The Competition Commission of Pakistan has approved Alipay(Hong Kong) Holding Limited’s acquisition of 45% shareholding inTelenorMicrofinance Bank Limited,...

Turkmenistan, Afghanistan and Pakistan power transmission Lines: New developments reported in 1.6 billion project

News Desk
2018-11-08

KABUL – New developments have been reported in Turkmenistan, Afghanistan,and Pakistan (TAP) power transmission Lines in capital Kabul today. The...

Shaheen Airlines to be acquired by Saudi Prince

News Desk
2018-11-08

ISLAMABAD – Shaheen Air International (SAI) to be acquired by Saudi Prince,media report has suggested. As per the media report,...

US Dollar rate rises against Pakistani Rupee in interbank market

News Desk
2018-11-08

KARACHI – US Dollar rate in interbank market on Thursday has increased by35 paisa after which its value has reached...