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India,Pakistan dominance on sugar market worries Australia

LONDON: The policies of India and Pakistan have contributed to a global glut in the world’s sugar market, Australia’s Minister for Trade Simon Birmingham said. “It is clear that export subsidies introduced recently by the Indian and Pakistan Governments have contributed to a growing glut …

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Pre-qualification bids for Diamer-Bhasha dam received

ISLAMABAD -UNS – The Water and Power Development Authority (Wapda) said Wednesday it had received pre-qualifications bids from several firms for the construction of Diamer-Bhasha dam. “The Pakistan Water and Power Development Authority (Wapda), while gearing up its efforts for implementation of the projects, today …

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CPEC is economic future of Pakistan: COAS

RAWALPINDI -UNS: H.E Mr. Yao Jing, Ambassador of China to Pakistan called on General Qamar Javed Bajwa, Chief of Army Staff (COAS) at GHQ, today. Matters of mutual interest including regional security issues were discussed during the meeting. The Chinese Ambassador appreciated conduct of successful …

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Pakistan Introduces New Dimensions to Take CPEC to Further Height

ISLAMABAD -UNS- Realigning the goals of China-Pakistan Economic Corridor (CPEC), Pakistan has introduced new targets of socio-economic and regional development under this unprecedented mega project. “This development initiative would prove as a bright future for Pakistan”, expressed Minister for Planning, Development & Reform (PD&R), Makhdum …

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CPEC digital information channel fully connected

BEIJING (APP) – The “China-Pakistan Economic Corridor (CPEC) digital information channel”, based on China-Pakistan optical cable, and serving the CPEC and global customers and partners were fully connected. Zhang Zhiyong, deputy general manager of China Telecom Group Co., Ltd informed the participants of 6th China-Eurasia …

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Imran ropes in renowned foreign experts to streamline economy

ISLAMABAD: Prime Minister Imran Khan has employed services of some renowned foreign economists in the newly-constituted economic advisory panel to seek professional advices on streamlining economy of the country. According to Khaleej Times report, Pakistan’s current account deficit stands at $ 18 billion, while its …

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Japan to halt Iran oil imports under US pressure

Japan’s major oil wholesalers are preparing to suspend crude oil imports from Iran in October, amid fears Washington will sanction countries importing Iranian crude, local media reported. US President Donald Trump in May pulled out of a 2015 nuclear deal with Iran and last month …

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Japan provides ¥2.4 billion to Pakistan for social sector

ISLAMABAD -UNS- The Government of Japan has agreed to extend to the Government of Pakistan the grant assistance of the two projects “the Project for the Installation of Weather Surveillance Radar in Multan City” worth of around 2.1 billion Japanese Yen (2.3 billion Rs) and …

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Rs1.5 billion collected for dams so far

ISLAMABAD -UNS : The government is receiving encouraging response on the Diamer-Bhasha and Mohmand dams fundraising campaign as a good sum of Rs 1.58 billion has been collected for the purpose so far. The account was opened following court orders to collect donations from people …

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National Bank president removed

ISLAMABAD -UNS– Federal Minister for Information and Broadcasting Fawad Chaudhry on Tuesday stated decision has been made to remove National Bank President Syed Ahmad Khan from his post. He was addressing a presser here in Islamabad today. Chaudhry added a committee has been constituted to …

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