ISLAMABAD — Pakistan’s economic growth rebounded to 3.9% in fiscal year (FY) 2021 (ending 30 June 2021) and is expected to reach 4.0% in FY2022 as business activity gradually resumes in the second year of the coronavirus disease (COVID-19) pandemic, the Asian Development Bank (ADB) said in ...

RAWALPINDI - Chief of Army Staff General Qamar Javed Bajwa has emphasized the need for greater cooperation, integration and synchronisation to tackle complex and fluid future battle field challenges. Inaugurating the state-of-the-art Centre of Integrated Air Defence Battle Management, COAS ...

*ISLAMABAD: Facebook has partnered with private company Nayatel to invest in fiber broadband in Pakistan in order to improve and expand connectivity in the country.* The network will cover eight big cities over the next two years. A press release by the country’s private networking firm said ...

The Asian Development Bank (ADB) and World Bank (WB) in a joint study titled “Climate Risk Country Profile” for Pakistan have estimated that Pakistan is facing up to $3.8 billion in annual economic loss due to climate change as temperatures are likely to witness an increase of up to 2.5 degrees ...

PESHAWAR: The government will soon set up the Pakistan Land Port Authority (PLPA) to facilitate the business community, including exporters and importers by better functioning of affairs at border regions. The authority is going to be established in support of the Asian Development Bank (ADB), ...

The Minister for Economic Affairs, Omar Ayub Khan, and the Chief Minister (CM) of Khyber Pakhtunkhwa (KP), Mahmood Khan, witnessed the signing of the financing agreement of the Balakot Hydropower Development Project amounting to $300 million. The loan agreement was signed by the Economic Affairs ...

According to the latest figures released by the Pakistan Telecommunication Authority (PTA) on Saturday, cellular subscriptions in Pakistan crossed the 183 million mark by the end of March 2021 from 178.97m in January. Due to the increasing pressure from the education sector in the wake of ...

*LONDON - Thousands of protesters marched in support of Palestinians in major European cities including London, Berlin, Madrid and Paris, as Israel continued the worst violence in years against Palestinians in Gaza.* In London, several thousand protesters carrying placards reading "Stop Bombing ...

Mobile broadband subscriptions in the country have reached a historic 100 million mark. In a statement on Friday, Pakistan Telecommunication Authority (PTA) announced this, terming it a result of supportive government policies, effective competition among telecom operators and its commitment to ...

ISLAMABAD-The government is making all-out efforts to take the country’s foreign exchange reserves to $25 billion by June this year, mainly due to the inflow of foreign loans and improvement in remittances. The country’s foreign exchange reserves have already started to increase due to the ...