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Even China Won’t Finance This Pakistan Dam as Water Fight Looms

China’s $45 billion push into Pakistan is skirting one of the Indian subcontinent’s most dangerous flashpoints. The proposed 4,500-megawatt Diamer Bhasha hydropower plant would eliminate about half of...

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Fast-track completion of key projects ordered

ISLAMABAD: Prime Minister Nawaz Sharif ordered on Monday fast-track work on important projects being completed under the Public Sector Development Programme (PSDP) and emphasised that funds lying...

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Media asked to portray correct picture of CPEC route

ISLAMABAD: Planning and Development Minister Ahsan Iqbal said on Tuesday that Sindh and Balochistan would be the biggest beneficiaries of power generation triggered by...

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Senate committee to review KESC privatisation contract

ISLAMABAD: The Senate’s standing committee on finance has decided to review the contract of privatisation of Karachi Electric (K-Electric) previously known as the Karachi Electric Supply Company (KESC)...

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Joint working group on CPEC soon

ISLAMABAD: A joint working group on China-Pakistan Economic Corridor (CPEC) is being constituted to start consultations with provinces on industrial parks and economic zones. In this regard, a...

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Polls for 52 Senate seats on March 3, announces ECP

ISLAMABAD: The Election Commission of Pakistan announced on Monday that elections would be held on March 3 to fill the Senate seats due to fall vacant on March 11 with the retirement of 52 senators....

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Tax evasion: swiss bank

THE Federal Bureau of Revenue (FBR) has stated that $200bn stashed away in Swiss banks by Pakistanis cannot be recovered. It seems that the FBR and the federal government are unaware that, on the basis...

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Strategic dialogue opens as Kerry arrives

ISLAMABAD: The second edition of the ‘revitalised’ Pak-US Strategic Dialogue opened here on Monday with focus on advancing the bilateral relationship. The first round of the ministerial meeting was...

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Chinese FM to visit Pakistan, president's trip to be discussed

ISLAMABAD: Chinese Foreign Minister Wang Yi will be arriving in Islamabad on 9th February on a two-day official visit to finalise the details of the upcoming visit by Chinese President Xi Jinping, a...

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PM wants functional Nacta in anti-terror effort

ISLAMABAD: Prime Minister Nawaz Sharif on Saturday directed that the National Counter Terrorism Authority Pakistan (Nacta) be made functional with immediate effect. The prime minister was chairing a...

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Aziz to brief two parliamentary committees on foreign policy

ISLAMABAD: The government’s foreign policy will come under parliamentary scrutiny in the coming week as Prime Minister’s Adviser Sartaj Aziz is scheduled to brief the standing committees concerned of...

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Chinese FM to visit Pakistan, president's visit to be discussed

ISLAMABAD: Chinese Foreign Minister Wang Yi will be arriving in Islamabad on 9th February on a two-day official visit to finalise the details of the visit by Chinese President Xi Jinping, a top...

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Govt plans to spend Rs1.4tr on development

ISLAMABAD: The Annual Plan Coordination Committee (APCC) meets today to finalise around Rs1.4 trillion development programme, aimed at achieving 5.5 per cent economic growth rate for the next fiscal...

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Aitzaz terms budget anti-poor, pro-rich

ISLAMABAD: Leader of the Opposition in Senate Chaudhry Aitzaz Ahsan on Tuesday strongly criticised the federal budget for 2015-16 and termed it anti-poor and pro-rich. Opening debate on the budget in...

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Chinese President in Pakistan with $46 Billion Investment Plan

TRANS ASIA NEWS BEIJING/ CHINA: In a move being viewed as Beijing’s attempt to increase its influence in Asia, the Chinese President Xi Jinping is travelling to Pakistan where he is expected to...

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‘IB not tapping politicians’ phones’

ISLAMABAD: The head of Intelligence Bureau (IB) on Monday informed a Senate committee that his organisation was not tapping the telephones of politicians and parliamentarians whereas it had a blanket...

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APA eyes a forum like European parliament

LAHORE: The 7th Plenary Session of the globally significant Asian Parliamentary Assembly (APA) is starting here from Monday (today), to discuss the core issues of the largest continent in the world as...

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Chinese FM to visit Pakistan on Feb 12: FO

ISLAMABAD: Pakistan has formally announced that Chinese Foreign Minister Wang Yi will visit the country from 12th to 13th February. The Foreign Office (FO) said the visit would bring an opportunity for...

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Formation of parliamentary committee on CPEC — a daunting task for NA speaker

ISLAMABAD: The decision by an all-party conference (APC) on Thursday to form a parliamentary committee to oversee the implementation of China- Pakistan Economic Corridor (CPEC) project can become a...

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Senate body recommends salary hike, cut in tax rate

ISLAMABAD: The Senate Standing Committee on Finance and Revenue on Friday finalised recommendations for amendments in the federal budget 2015-16 and expressed concern over renewed petrol shortage in...

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