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ADB signs concessional loan agreement for Punjab Urban Development Projects

ADB signs concessional loan agreement for Punjab Urban Development Projects. The government and Asian Development Bank (ADB) Tuesday signed a concessional loan agreement amounting to $15 million for Punjab urban development projects. This concessional loan...

Automakers demand tax relief as sales plummet

Automakers demand tax relief as sales plummet. LAHORE: The country’s carmakers have asked the government for tax relief as they said the Covid-19 lockdown has exacerbated the financial squeeze owing to a drastic drop in...

KMC offices to resume activities amid coronavirus pandemic

KMC offices to resume activities amid coronavirus pandemic. KARACHI: Municipal authorities in Karachi announced to open local government offices amid coronavirus pandemic, ARY NEWS reported. According to a notification issued today by Karachi Metropolitan Corporation...

Work on Diamer Basha Dam to start during the current fiscal year

Work on Diamer Basha Dam to start during the current fiscal year. ISLAMABAD: Water and Power Development Authority (Wapda), in a meeting held here to review the status of progress on Daimer Basha Dam, Thursday...

Pakistan becomes first South Asian country to achieve G4 rank

Pakistan becomes the first South Asian country to achieve G4 rank. Pakistan has become the first South Asian country to be ranked as the 4th Generation Regulator (G4) by the International Telecommunication Union (ITU). According...

Balochistan offers interest-free loans to citizens left unemployed due to lockdown

Balochistan offers interest-free loans to citizens left unemployed due to lockdown. Quetta: The Government of Balochistan has started offering interest-free loans to individuals left unemployed in the wake of the ongoing coronavirus lockdown, a news...

Google collaborates with health ministry to raise local COVID-19 awareness

Google collaborates with health ministry to raise local COVID-19 awareness. Islamabad: The Ministry of National Health Services, Regulations, and Coordination recently agreed to collaborate with Google to raise awareness regarding COVID-19 prevention within the country,...

Construction-related govt departments to reopen in Punjab

Construction-related govt departments to reopen in Punjab. Lahore: The Punjab government has announced its decision to reopen construction-related departments amid the ongoing coronavirus lockdown situation, a news source reported. The decision was made during a...

Interest rate lowered to 5% for companies that retain employees: Baqir

Interest rate lowered to 5% for companies that retain employees: Baqir Islamabad: State Bank of Pakistan Governor Raza Baqir recently announced the central bank’s decision to accommodate delays in loan interest payments, along with providing...

Crude oil rates fall negative in US, plummet in international markets

Crude oil rates fall negative in US, plummet in international markets. Islamabad: In an unprecedented turn of events, the price of crude oil in the United States (US) has turned negative due to dried up...