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Ongoing projects: NHA to spend Rs 8,113 million during 2009-10 ISLAMABAD (July 01 2009): National Highway Authority (NHA) has estimated spending of Rs 8,113 million during 2009-10 on the ongoing projects in the four provinces and Azad Jammu and Kashmir. It was revealed in a meeting, which...

Ongoing projects: NHA to spend Rs 8,113 million during 2009-10 ISLAMABAD (July 01 2009): National Highway Authority (NHA) has estimated spending of Rs 8,113 million during 2009-10 on the ongoing projects in the four provinces and Azad Jammu and Kashmir. It was revealed in a meeting, which...

PIA to start international flights from Bahawalpur BAHAWALPUR (July 01 2009): Pakistan International Airline (PIA) will start its international flights from Bahawalpur airport from Wednesday (tomorrow). According to District Manager, PIA, Bahawalpur Abdul Sattar Khan, first international...

Zardari seeks world help to rebuild economic infrastructure ISLAMABAD (July 01 2009): President Asif Ali Zardari on Tuesday said that the international community needs to recognise the economic problems of Pakistan created by the war against militancy and should step forward to addressing...

'US bill to provide easy market access to Pakistani products' MULTAN (July 01 2009): United States is introducing a bill to provide easy access for Pakistani products into US markets, in September 2009, to facilitate local exporters and manufacturers, said Bryne-D Hunt, a principal officer...

Foreign company plans to invest $3 billion in Reko Diq copper-gold mine KARACHI (July 01 2009): A foreign joint-venture company plans to invest up to $3 billion in Pakistan in a copper and gold mine, the venture's chief executive said on Tuesday. Tethyan Copper Co Ltd, a joint venture between...

Foreign company plans to invest $3 billion in Reko Diq copper-gold mine KARACHI (July 01 2009): A foreign joint-venture company plans to invest up to $3 billion in Pakistan in a copper and gold mine, the venture's chief executive said on Tuesday. Tethyan Copper Co Ltd, a joint venture between...

Upgrading Quetta-Taftan track: Railways to seek $500 million ADB loan ISLAMABAD (July 01 2009): Pakistan Railways will seek $500 million from Asian Development Bank (ADB) to upgrade the Quetta-Taftan broad gauge track to international standard for launching the Economic Co-operation...

Upgrading Quetta-Taftan track: Railways to seek $500 million ADB loan ISLAMABAD (July 01 2009): Pakistan Railways will seek $500 million from Asian Development Bank (ADB) to upgrade the Quetta-Taftan broad gauge track to international standard for launching the Economic Co-operation...

Tenth Five-Year Plan EDITORIAL (July 01 2009): Dr Mohammad Ehsan-ul-Haq Tasneem, Member, Planning Commission for Food and Agriculture, has said that the key imbalances in all sectors of the economy need to be rectified through an appropriate emphasis on agriculture, agro-business, industrial...

Knowing the reality EDITORIAL (July 02 2009): Whatever the plans prepared in advance, the war determines its own pace and direction - a truism that of late we see unfolding before us. As the Swat operation was thought to have been nearly accomplished NWFP Governor Owais Ghani ordered the...

Dairy sector shows huge potential for growth HYDRERABAD (July 02 2009): Dairy is one of the expanding industrial sectors in Pakistan with currently about 23 units engaged in the production of various dairy products. However, presently almost all the dairy units are working below their...

Pakistan and China agree to increase land trade BEIJING (July 02 2009): Pakistan's Ambassador to China Masood Khan and Commissioner of Kashgar Prefecture Akbar Ghafoor have reiterated that land trade could be further increased through facilitation and removal of bottlenecks, a senior diplomat...

Up to 3.6 million euro aid for IDPs: Germany links Pak-EU FTA with legislative reforms KARACHI (July 02 2009): Germany, increasing its humanitarian aid for internally displaced persons (IDPs) in Pakistan by one million euro to 3.6 million euro, has said Islamabad would have to change its...

$5.984 million foreign portfolio inflow recorded in June KARACHI (July 02 2009): After witnessing a continuous outflow of foreign portfolio investment from the country's equity market during last 15 months, a fresh inflow of $5.984 million of this mode of investment was seen in the month of...

Pakistan should improve revenue collection from services sector ISLAMABAD (July 02 2009): India has improved its revenue collection remarkably from service tax which has become an example for countries like Pakistan to introduce such kind of tax on services. The FBR quarterly review issued...

Britain’s tribal area Opinion: Brian Cloughley Next time you hear a Westerner’s condescending or condemnatory comment about FATA, it would be well to remind them that there are other places in the world that are far from being havens of peace and understanding Most of us are accustomed...

Stocks witness: net foreign buying after 15 months KARACHI: The last month of the previous financial year saw encouraging development in the shape of foreign funds inflow in the local capital market with net buying in the month of June. The net buying of portfolio investment was recorded...

FATA militancy cost Pakistan $ 2,146m PESHAWAR: Militancy in the Tribal Areas has cost Pakistan around $2,146 million while the fighting has so far killed over 3,000 civilians, a government report said on Wednesday. The report – “Cost of Conflict in FATA” – prepared by the Planning and...

FATA militancy cost Pakistan $ 2,146m PESHAWAR: Militancy in the Tribal Areas has cost Pakistan around $2,146 million while the fighting has so far killed over 3,000 civilians, a government report said on Wednesday. The report – “Cost of Conflict in FATA” – prepared by the Planning and...