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ECC approves wheat import of 450000MT from Russia

ISLAMABAD: The Economic Coordination Committee has accorded approval to import of 450,000 metric tonnes of wheat from Russia. The approval was granted at a meeting of the Committee held in Islamabad on Monday, with Finance Minister Ishaq Dar in the

Over Rs431 million being spent on gasification of SEZs, industrial park

The two state-owned companies, Sui Northern Gas Pipelines Limited and Sui Southern Gas Company are executing three strategic projects of gas supply to two Special Economic Zones and an industrial park in their respective areas to boost industrial production. According

UNICEF says effective measures likely to eradicate polio from Pakistan by 2023

ISLAMABAD: A senior UNICEF official said the polio program in Pakistan was back on track and hoped that the crippling disease will be eradicated from the country by end of 2023 following effective measures to check its spread. Regional Director

Chinese enterprises organize training course for Pakistani staff

BEIJING: A training course for Pakistani employees working in Chinese enterprises was organized to improve their technical skills and counter language barriers. The opening ceremony of the training course organized by Dongguan Polytechnic was held online, China Economic Net reported.

Int’l Day of Persons with Disabilities being observed today

The International Day of Persons with Disabilities is being observed across the globe on Saturday. Theme for the day this year is “Transformative solutions for inclusive development: the role of innovation in fuelling an accessible and equitable world.” In his

Inter-ministerial meeting reviews performance of SMEs Bank

ISLAMABAD: The inter-ministerial meeting on Friday reviewed the performance of Small and Medium Enterprises (SMEs) Finance Bank. Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar chaired the inter-ministerial meeting which reviewed the performance of SME Bank, said a

Pakistan’s rice exports to China increase by 41% in first 10 months of 2022

BEIJING: Pakistan’s rice export to China in the first 10 months of 2022 surpassed $425.90 million with a volume of 1,121,592.571 tons, according to the General Administration of Customs of the People’s Republic of China (GACC). Data showed that during

Japan provides $4.196m to assist Pakistan’s flood-affectees

ISLAMABAD: The Government of Japan has provided $4.196 million to the United Nations Children’s Fund (UNICEF) for its humanitarian services in the flood-affected areas and to improve water, sanitation, and hygiene (WASH) infrastructure in Khyber Pakhtunkhwa (KP) and Baluchistan provinces.

SBP rebuts placement of restriction on LCs for Import of LNG and Petroleum products

KARACHI: State Bank of Pakistan (SBP)on Thursday clarified some misinformation being spread in the media that the import of oil and petroleum products has been restricted by the Bank. “It is clarified that SBP has not placed any restriction (verbal

Commission constituted for reforms and resources mobilization

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar here on Thursday constituted an independent eleven-member Reforms and Recourse Mobilization Commission (RRMC) for resource mobilization and for giving recommendations to finance minister on budget and tax-related issues and

Ishaq Dar appreciates timely provision of $500 million by AIIB

ISLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar on Wednesday appreciated the timely provision of $500 million transferred by the Asian Infrastructure Investment Bank (AIIB) to Pakistan. This appreciation he made while meeting with the Governor State

Pakistan’s Shoaib beats Indonesian boxer to win ABF title

ISLAMABAD: Pakistan’s promising pugilist Muhammad Shoaib produced a masterclass to defeat Hendrik Barongsay of Indonesia and seal the Asian Boxing Federation (ABF) lightweight (61kg) championship belt in Bangkok, Thailand on Wednesday. The 25-year-old Quetta-born boxer, who has now won all

ECC approves loan scheme for low income earners

ISLAMABAD: The Economic Coordination Committee of the cabinet (ECC) Tuesday approved base tariff for electric tube wells at Rs. 13/kWH from Rs. 16.60/kWH, providing relief to farmers of Rs. 3.60/kWH effective from 1st November, 2022 to compensate the damage caused

China says it drove away US cruiser near Spratly Islands

BEIJING: China’s military said on Tuesday it drove away a US guided-missile cruiser that “illegally intruded” into waters near the South China Sea’s Spratly Islands. “The actions of the US military seriously violated China’s sovereignty and security,” said Tian Junli,

CPEC energy projects contribute economic growth, offer low-cost electricity

BEIJING: China Pakistan Economic Corridor (CPEC) energy projects have improved the power industry in Pakistan and contributed to economic growth by increasing power supply with high efficiency at lower cost, Tauseef H. Farooqi, Chairman National Electric Power Regulatory Authority (NEPRA)

E&P companies discover 16 hydrocarbon deposits in 2021-22

ISLAMABAD: Exploration and Production (E&P) companies, operating in different parts of the country, have collectively discovered 16 oil and gas reservoirs during the last fiscal year in pursuit of making the country self-reliant in the energy sector. Out of these,

China, Pakistan welcome third-party participation in CPEC construction

BEIJING: The China-Pakistan Economic Corridor (CPEC) is an open and inclusive platform and both China and Pakistan would welcome all countries and international organizations to participate in construction of the flagship project of Belt and Road Initiative to achieve common

PIA granted approval to operate Islamabad-Xian direct flights

BEIJING: Pakistan International Airlines (PIA) has been granted approval by the Civil Aviation Administration of China (CAAC) to operate direct weekly passenger flights on the Islamabad-Xian-Islamabad route from next month. “PK-856 will depart from Islamabad International Airport every Tuesday for

Polling completes peacefully in first phase of AJK LG elections

MUZAFFARABAD: First phase of local governments (LG) elections in Azad Jammu and Kashmir (AJK) peacefully concluded in three district of Muzaffarabad division on Sunday for electing a total of 595 councilors of district and union councils, municipal corporations, municipal committees

Over 33 million people affected by flood in Pakistan, Shazia Marri tells moot in Spain

KARACHI: Federal Minister for Poverty Alleviation and Social Safety and BISP Chairperson Shazia Atta Marri has said that over 33 million people have been affected owing to heavy rains and flash floods in Pakistan. She said this while attending a

Govt trying to fix catastrophe wrought by Imran during his disastrous tenure: Marriyum

ISLAMABAD:  Minister for Information and Broadcasting Marriyum Aurangzeb said on Sunday that Pakistan Tehreek-e-Insaf Chairman Imran Khan had become ‘irrelevant’. The government was trying to fix the catastrophe wrought by Imran Khan during his four years disastrous tenure, she said

Pakistan expresses concern over BJP leadership’s involvement in Gujarat massacre

Pakistan expressed grave concern over confirmation of BJP leadership’s direct involvement in anti-Muslim violence during the horrific Gujarat riots of 2002 that led to killing of over two thousand Muslims. Pakistan also urged India to immediately constitute an independent commission

Anti-polio drive to commence in Punjab, KP from tomorrow

ISLAMABAD: An anti-polio vaccination campaign will commence from November 27 (Monday) for administering vaccination to all children under five years of age in three districts of Khyber Pakhtunkhwa and nine districts of Punjab. The coordinator of the National Emergency Operation

CM Balochistan requests PM to introduce special gas tariff for province

QUETTA: The Chief Minister of Balochistan has requested the federal government for introducing a special tariff for the natural gas consumers of Balochistan “In view of the harsh winter and socio-economic situation of Balochsitan, there is a dire need to

PM woos Turkish investors with incentives, opportunities

ISTANBUL: Prime Minister Muhammad Shehbaz Sharif on Saturday stressed upon the Turkish companies to invest in Pakistan, as the infinite potential between the two brotherly countries should also be reflected in the bilateral trade and business. Addressing a Turkiye-Pakistan Business

Google Tech Valley to provide technological tools of learning to Pakistani schools

Google has collaborated with the City School with a nationwide presence to bring innovation to the education sector. Under the agreement, Google Tech Valley signed a memorandum of understanding (MoU) with the City School to upskill teachers and give exposure

Bloomberg pitches Pakistan’s default probability at low of 10%: Ishaq Dar

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar said here Friday that Bloomberg has pitched Pakistan’s one year probability of default at a low of 10 percent. In a tweet, the minister said the default probability was

General Nadeem Raza bids farewell to Joint Staff Headquarters

RAWALPINDI: Outgoing Chairman Joint Chiefs of Staff Committee General Nadeem Raza’s farewell to arms ceremony was held at the Joint Staff Headquarters on Friday, said Inter-Services Public Relations (ISPR). According to the military’s media wing, General Nadeem Raza is retiring

No undertaking received from PTI chief so far: DC Islamabad

ISLAMABAD: Deputy Commissioner Islamabad Irfan Nawaz Memon Friday said his office had so far not received undertaking from Pakistan Tehreek-e-Insaaf (PTI) Chairman Imran Khan for the peaceful long march in the Federal Capital. Talking to APP, he said the ICT

Planning ministry launches 16-day campaign against gender violence

ISLAMABAD: The Ministry of Planning Development and Special Initiatives has launched a 16-day campaign against Gender Based Violence (GBV) and established a Gender Unit in the ministry amid the socioeconomic empowerment of women to mark the International Day for the