Category: News

  • Pakistan, Qatar sign $16 billion LNG deal

    Pakistan, Qatar sign $16 billion LNG deal

    Under the agreement, 3.75 million tonnes of LNG will be imported annually for 16 years from Qatar on government-to-government basis ‘on comparative rates’ DOHA: Pakistan and Qatar on Wednesday inked a $16 billion Liquefied Natural Gas (LNG) deal that would enable the energy-starved country to import natural gas for 16 years and to meet its […]

  • Implementation of CPEC to attract more foreign investment: Ahsan Iqbal

    Implementation of CPEC to attract more foreign investment: Ahsan Iqbal

    Minister for Planning and Development Ahsan Iqbal told the Senate on Wednesday that implementation of China Pakistan Economic Corridor (CPEC) will attract more foreign investment in the country. He told the Senate during question hour that the government wants to complete projects under the corridor well in time. He said it is a good omen […]

  • Collection of federal taxes from GB termed illegal

    The Pakistan Economy Watch (PEW) on Wednesday said depriving the people of Gilgit-Baltistan of their full rights as citizens of Pakistan is a grave injustice which can have a negative impact on fate-changing China Pakistan Economic Corridor Project. “The people of Gilgit-Baltistan (GB) fought the army of Maharaja of Kashmir, got region liberated and opted […]

  • 67 new oil, gas discoveries made since the government took office: Shahzadi Umarzadi Tiwana

    The National Assembly was informed on Wednesday that 67 new oil and gas discoveries were made and 46 new leases for exploration during tenure of the present government. Parliamentary Secretary for Petroleum and Natural Resources Shahzadi Umarzadi Tiwana told the House during question hour that 560 mmcfd gas has been added to the system besides […]

  • PM in Switzerland to represent Pakistan at World Economic Forum

    PM in Switzerland to represent Pakistan at World Economic Forum

    Prime Minister Muhammad Nawaz Sharif arrived in Switzerland on Wednesday to lead Pakistani delegation at the 46th annual meeting of the World Economic Forum in Davos. The World Economic Forum Annual Meeting is being attended by over 40 heads of state and government and 2,500 leaders from business and society. Security, climate change, new normal […]

  • Global unemployment projected to rise over next two years

    Despite falling unemployment in some developed economies, the global jobs crisis is likely to continue for at least the next two years, especially in emerging economies, topping 200 million by 2017, the United Nations labour agency warned today, calling for urgent steps to boost jobs. “The significant slowdown in emerging economies coupled with a sharp […]

  • Indian regulator slams Facebook in row over free Internet

    Indian regulator slams Facebook in row over free Internet

    New Delhi – India’s telecom regulator has attacked Facebook over an aggressive campaign to drum up support for its controversial free Internet project after being deluged with millions of comments asking it not to ban the service. In a letter dated January 18, the Telecom Regulatory Authority of India (TRAI) accused the social media giant […]

  • Greenpeace India appoints new chief amid legal battles

    Greenpeace India appoints new chief amid legal battles

    New Delhi – Greenpeace India said Wednesday it had appointed a new director to steer the group forward amid ongoing legal battles with Prime Minister Narendra Modi’s government. The campaign group said Ravi Chellam, an environmentalist who has worked with the United Nations Development Programme and wildlife organisations, assumed his role as executive director earlier […]

  • PC Board appoints financial advisors for SME Bank and State Life Insurance

    The Privatization Commission (PC) has appointed financial advisers for the divestment of State Life Insurance Corporation (SLIC) and for the privatisation of the Small and Medium Enterprises (SME) Bank Limited. The decision was taken during the Board meeting of the PC, which was chaired by Mohammad Zubair, Chairman PC. The Board appointed the consortium of […]

  • 4th Corporate Ambassador Awards on Jan 21

    A number of legends belonging to showbiz, fashion, media, and business are attending the 4th Corporate Ambassador Awards being held on Thursday, Jan 21, 2016, from 3:00 pm to 5.30 pm at FPCCI Auditorium, Federation House, Main Clifton Karachi. Ms Almas Hamirani, American-based Pakistani fashion-designer will be the chairperson of the awards programme. EVP, VP […]