Western media’s CPEC report based on ‘distorted facts’: ministry

Ministry of Planning, Development and Reform has clarified a news article carried by some sections of international media titled ‘IMF won't stop China from...

PM to inaugurate Peshawar BRT on Thursday: minister

PESHAWAR: Khyber Pakhtunkhwa Minister for Labour and Culture Shaukat Yousafzai has said that Bus Rapid Transit (BRT) project has been completed and it...

CDWP recommends three projects worth Rs209bn to ECNEC

Projects include Rs45.9bn transmission line between Pakistan and Tajikistan, Rs85.9bn Balakot Hydropower Project and Rs77bn Karachi BRT Project ISLAMABAD: The Central Development Working...

Pakistan to get $10bn from ADB in five years

ISLAMABAD: The Asian Development Bank (ADB) has planned to support Pakistan with indicative lending of up to $10 billion for various development projects...

Pakistan, South Korea sign framework arrangement worth $500m

Under the arrangement, South Korea will provide long-term concessional financing for the execution of various development projects in Pakistan ISLAMABAD: Adviser to Prime...

China says Russian involvement pivotal in Belt and Road Initiative

BEIJING: Russia is China’s major partner in the implementation of the Chinese government’s development strategy Belt and Road Initiative, Yu Jun, adviser at...

Water scarcity could topple all economic efforts in near future

ISLAMABAD: To ensure overcoming water shortage and achieving sustainable economic growth, the Islamabad Chamber of Commerce and Industry (ICCI) Saturday called upon the...

As the LHC strikes down tax on property, ‘plot’ business may see resurgence  

New law mandated that every property owner would have to pay tax equivalent to 1% of market value of property to federal govt