BEIJING, Jul.12 (INP): The Pakistan China Business Forum, aimed at exploring trade and investment opportunities in Pakistan, was held here at the Pakistan Embassy in Beijing to promote investment opportunities in Pakistan, China Economic Net reported. Speaking at the occasion, Professor Ahsan Iqbal, the Federal Minister for Planning, Development & Special Initiatives, emphasized the need to work together in …
ISLAMABAD, July 12 (EW):The United Nations High Commissioner for Refugees (UNHCR) — a United Nations agency mandated to aid and protect refugees, forcibly displaced communities — has completed the disbursement of cash assistance to over 1 million registered Afghan refugees in Pakistan. These people were impacted by the prolonged difficult economic situation in the aftermath of the devastating floods last …
PESHAWAR, July 12 (EW): Prime Minister Shehbaz Sharif on Tuesday said that Pakistan had accepted the loan programme of the International Monetary Fund “under compulsion” as it had no other option. “We have not opted for the IMF programme gladly and instead, it was our compulsion to do so. We have to stand on our own feet to wean …
ISLAMABAD, July 12 (EW): The latest update of the global Multidimensional Poverty Index (MPI) demonstrates that poverty reduction was achievable as 25 countries have successfully halved their global MPI values within 15 years, showing that rapid progress is attainable. The latest estimates for 110 countries were released on Tuesday by the United Nations Development Programme (UNDP) and the Oxford …
KARACHI, July 11 (EW)): Stocks at the Pakistan Stock Exchange (PSX) rallied Tuesday, jumping past the 45,000 mark for the first time in 14 months after the cash-strapped nation received $2 billion from Saudi Arabia. The market rallied, adding over 500 points to the benchmark KSE-100 index during the intraday trade. At around 12:24pm, the index gained 555.18 points …
ISLAMABAD, Jul. 11 (INP): In a move to enhance collaboration on natural disaster monitoring, China-Pakistan Joint Research Center on Earth Sciences will set up a natural disaster observation and research center in the Karakoram Mountains together with Karakoram International University. This was stated by Hong Tianhua, Executive Director and Researcher of the Joint Research Center at a panel meeting …
Finance Minister Ishaq Dar on Tuesday said that Pakistan has received $2 billion from the Kingdom of Saudi Arabia (KSA) days after the country secured another lifeline from International Monetary Fund (IMF). “On Friday, our reserves had closed in at less than $10 billion, standing at roughly $9.67 billion so you can now imagine them close to $11.67 billion,” he …
KARATSU July, 11 (EW): Six people were feared dead in torrential rains that hit southwest regions of Japan this week, said the government Tuesday as search and rescue operations continue on the ground. A heavy downpour led to record-breaking amounts of rain water accumulated in some parts of the Kyushu area through Monday, causing rivers to overflow and sodden …
ISLAMABAD, July 11 (EW): Prime Minister (PM) Shehbaz Sharif said on Tuesday that the government wants to fetch investment of billions of dollars from the Gulf Cooperation Council (GCC) nations in the country’s food and agriculture sectors. In a tweet, PM Sharif said, the GCC countries import agriculture products and food items to the tune of $40 billion annually. …
LAHORE, July 11 (EW): At least six individuals tragically lost their lives, while nine others sustained injuries in the torrential downpour that ravaged the provinces of Punjab and Sindh over the past 24 hours, as reported by local media. The monsoon rains, which have been wreaking havoc since June 25, have now escalated the nationwide death toll in Pakistan to …
