Pakistan said on Friday its economy was on course to grow 3.94 per cent in the financial year 2020-2021 that ends in June; almost double the International Monetary Fund (IMF) and World Bank’s projections; as it recovers from the worst of the pandemic. The planning ministry said its provisional estimate – up from Pakistan’s last […]
Pakistan is planning to issue its debut green bonds next week to raise $500 million. This bonds sale will potentially set the stage for Pakistan’s more similar instruments to finance its hydroelectric projects. The Water and Power Development Authority (WAPDA) will issue the green bonds and will constitute a 10-year note this month; as stated […]
In a major achievement, Pakistan has successfully manufactured a COVID vaccine locally at the National Institute of Health (NIH) Islamabad, according to local news sources. Overall 124,000 doses of single-dose Covid CanSino vaccine were manufactured at the NIH; and would be available for use from the next week. “The vaccine was prepared by Pakistani experts […]
Pakistan and Asian Development Bank (ADB) have signed the $300 million; financing agreement of the Balakot hydropower development project; as per sources. Firstly, The total cost of the Balakot hydropower development project is US$ 755 million out of which ADB has committed to providing $300 million; while the Asian Infrastructure Investment Bank (AIIB) will finance […]
The Adviser to the Prime Minister of Pakistan for Commerce and Investment; Abdul Razak Dawood; declared on Friday that Pakistan; has been added to Amazon’s Sellers‘ List. Although this partnership with Amazon has been in the works for nearly two years; it is finally going to happen, and an announcement from the relevant divisions could […]
JS Bank has launched “JS Digi Cheque”, the first of its kind digital cheque service in Pakistan; which allows users of the JS Bank Mobile App to send e-cheques instantly removing the need for provision of physical cheques; a statement said on Friday. Moreover, As part of a structured long-term strategy of digital innovation and […]
Federal Minister for Energy; Hammad Azhar said on Thursday that Pakistan was moving towards electrification of mass transit as a consequence of EV policy approved; by the federal government last year in December. Firstly, Taking to Twitter; moreover, the federal minister Hammad Azhar said that BYD; the largest global electric bus manufacturer along with a […]
To boost tourism, the Civil Aviation Authority (CAA) on Saturday issued TPRI (Tourism Promotion and Regional Integration) license to a newly launched private airline named North Air. As per details of CAA, the privately launched new airline is planned to operate flights for Gilgit, Skardu, Chitral and Gwadar. Initially, the airline will operate flights between […]
Prime Minister Imran Khan said the global public opinion was changing on the Palestinian issue. Also there were rising voices now that criticized Israeli actions, adding that a day would come when Palestinians; would have their own country. Speaking on the occasion of Palestine Solidarity Day, the premier said: “I am seeing a very positive […]
Reuters has announced today the launch of the Reuters Digital Journalism Course; produced in partnership with the Facebook Journalism Project. Firstly, The course provides free online training for journalists to improve their digital newsgathering; verification and publishing skills, as well access to wellness and resilience resources. Secondly, The Reuters Institute’s Digital News Report this year; […]
