News Updates

Day: August 28, 2024

KP Governor pledges to restore peace in province

Khyber Pakhtunkhwa Governor Faisal Karim Kundi has pledged to restore peace in the province. Speaking at Lahore Chamber of Commerce and Industry today, he emphasized that the challenges the province is facing the due to past decisions, particularly the settlement of Afghan militants, which severely disrupted peace in the region.

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Pakistan, China to start work on five new economic corridors

The second phase of CPEC has been started with the facilitation of Special Investment Facilitation Council (SIFC). The government is determined to work closely with China on five new economic corridors of the CPEC. These economic corridors include Innovation Corridor, Livelihood Corridor, Green Energy Corridor, Regional Development Corridor and Employment

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25 terrorists killed, 11 wounded during IBO in Tirah valley

Twenty five terrorists have so far been killed and eleven others wounded in the ongoing intelligence based operations by security forces in Tirah valley. According to the security sources, those killed included Khawarij leader Abu Dhar alias Saddam. To this respect, a video and pictures have surfaced, showing Khawarij infiltrating

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Commerce Minister performs soft launch of IDEAS 2024

Commerce Minister Jam Kamal Khan has performed the soft launch of IDEAS 2024 to be held in Karachi in November this year. Addressing the launching ceremony in Islamabad this evening, he said Pakistan’s defence industry is not only meeting the requirements of the armed forces of the country but also

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Finance Minister vows to deepen partnership with Turkiye

Finance Minister Muhammad Aurangzeb has reiterated Pakistan’s commitment to continue deepening its partnership with Turkiye across various sectors, including trade, investment and technical cooperation. He was talking to Ambassador of the Republic of Turkiye Mehmet Paçaci who paid a farewell courtesy call on him in Islamabad today. The Finance Minister

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Moody’s upgrades Pakistan’s ratings to Caa2

Global rating agency Moody’s has upgraded Pakistan’s local and foreign currency issuer and senior unsecured debt ratings to Caa2 from Caa3. According to the one of the top international rating agencies, the upgrade to Caa2 reflects Pakistan’s improving macroeconomic conditions and moderately better government liquidity and external positions, from very

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