ISSN 2224-2309

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Balochistan to get Rs 8.9b for National Highway Projects, Senate panel told

Balochistan to get Rs 8.9b for National Highway Projects, Senate panel told

Islamabad: Balochistan will receive 8.9 billion rupees for the ongoing National Highway Projects in the current financial year. This figure is more than four times higher as compared to last [...]

National Highway Authority contract, daily wages workers to be regularized

National Highway Authority contract, daily wages workers to be regularized

Islamabad: The Federal Minister for Communications Dr. Arbab Alamgir Khan Khalil has said that the present democratic government is bringing all its resources into use to timely complete all ongoing [...]

Madame Farzana Raja Farzana Raja Proposes Setting up a Permanent SAARC Commission to Foster Poverty Alleviation Efforts in the Region

Madame Farzana Raja Farzana Raja Proposes Setting up a Permanent SAARC Commission to Foster Poverty Alleviation Efforts in the Region

New Delhi: Federal Minister and Chairperson Benazir Income Support Programme (BISP), Madame Farzana Raja has said that that the most important priority for countries of the region is development, which [...]

Pakistan-Finland Bilateral Consultations

Pakistan-Finland Bilateral Consultations

Islamabad: Today, bilateral consultations were held between Pakistan and Finland at the Foreign Office. The Finnish side was led by Mr. Jaakko Laajava, Under Secretary of State of the Republic [...]

Pakistan Submits Additional Information to Court of Arbitration on Kishanganga Project

Pakistan Submits Additional Information to Court of Arbitration on Kishanganga Project

Islamabad: Pakistan has submitted additional information and comments to the Court of Arbitration (CoA) at The Hague (Netherlands) on 7th September on Kishanganga Hydro Electric Plant. The Court of Arbitration [...]

Cultural Affinity among SAARC Nations Conducive for Regional Cooperation and Development

Cultural Affinity among SAARC Nations Conducive for Regional Cooperation and Development

New Delhi: “To make SAARC a viable and vibrant organization responsible to the aspirations of its people, it must increasingly adopt a project-based approach, co-opting our private sectors, and capitalizing [...]

Hubco Board of Directors Announce Final Dividend

Hubco Board of Directors Announce Final Dividend

Karachi: Hubco is pleased to announce that at the meeting of its Board of Directors held in Karachi, have recommended a Final Dividend of Rs.3/- per share i.e. 30% for [...]

Prime Minister Gilani holds talks with Kazakh Leadership

Prime Minister Gilani holds talks with Kazakh Leadership

Islamabad: Prime Minister of Pakistan, Syed Yousuf Raza Gilani, held talks here today with Kazakh President Mr. Nursulan and Prime Minister Karim Massimov, who were assisted by the Ministers, Deputy [...]

Second Phase of Zulfiqarabad oil terminal

Second Phase of Zulfiqarabad oil terminal

Karachi: District Coordination Office (DCO) Karachi Mohammad Hussain Syed said that construction of a modern oil terminal underway in Zulfiqarabad that would pave the way for shifting of oil tanker’s [...]

JCR-VIS Upgrades Entity Ratings of Burj Bank Limited

JCR-VIS Upgrades Entity Ratings of Burj Bank Limited

Karachi: JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has upgraded the entity ratings of Burj Bank Limited (formerly Dawood Islamic Bank Limited) (BBL) from ‘A-/A-2’ (Single A Minus /A-Two) to ‘A/A-2’ [...]

National Disaster Management Authority Takes On the Floods

National Disaster Management Authority Takes On the Floods

Islamabad: The recent deluge in the country has had a devastating effect on Sindh where vast areas of land have been inundated. The flood waters have taken horrendous toll of [...]

Karachi Electric Supply Company test fires 2nd turbine of the 560 MW Bin Qasim Power Station – II flagship project

Karachi Electric Supply Company test fires 2nd turbine of the 560 MW Bin Qasim Power Station – II flagship project

Karachi: KESC has announced today that it has successful test fired on gas, the second gas turbine of its flagship 560 MW BQPS-II power project on. The base load test [...]

Farzana Raja signs two vital Memorandums of Understanding with Chinese Organizations

Farzana Raja signs two vital Memorandums of Understanding with Chinese Organizations

Beijing: Federal Minister and Chairperson Benazir Income Support Programme (BISP), Madame Farzana Raja has signed two significant Memorandums of Understanding (MoUs) with Chinese organization working in the field of public [...]

Invitation to Take Part in MITEFP-OPEN Business Acceleration Program Business Acceleration Program -2011

Invitation to Take Part in MITEFP-OPEN Business Acceleration Program Business Acceleration Program -2011

Islamabad: We have great pleasure in announcing the start of the MITEFP-OPEN Business Acceleration Program (BAP-2011). BAP-2007, BAP-2008, BAP-2009 and BAP-2010 were huge successes and the participating teams reported that [...]

Farzana Raja Sings MoU for Provision of Scholarship Worth $ 100,000 for Benazir Income Support Programme Beneficiary Families

Farzana Raja Sings MoU for Provision of Scholarship Worth $ 100,000 for Benazir Income Support Programme Beneficiary Families

Islamabad: Pakistan and China here Wednesday signed a cooperative Memorandum of Understanding (MoU) to enhance the friendship and exchanges between the people of two countries. The MoU was signed by [...]

Board concerned over delay in release of funds

Board concerned over delay in release of funds

Islamabad: 59th Meeting of the Board of Administrators of Export Development Fund (EDF) was held under the Chairmanship of Senior Minister for Commerce, Mr. Makhdoom Amin Fahim today. Secretary Commerce, [...]

JCR-VIS Reaffirms Ratings of Silk Bank Limited

JCR-VIS Reaffirms Ratings of Silk Bank Limited

Karachi: JCR-VIS has reaffirmed the entity ratings of Silk Bank Limited (SBL) at ‘A-/A-2’ (Single A Minus/A-Two). Due to unsubscribed rights issue of Rs. 2.5b pertaining to Bank Muscat, previously [...]

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