Saturday, May 16th, 2020
APBF asks SBP to announce soft loan at 3% markup for SMEs
KARACHI, MAY 16 / DNA / = SHOWING serious concern over a meager cut of just one percent in key policy rate to 8%, the All Pakistan Business Forum on Saturday urged the Central Bank to announce a soft loan with maximum markup rate of 3% especially for SMEs, as the rest of the world has been providing loans at zero percent markup to bail out their collapsing businesses. APBF President Maaz Mahmood also expressed dissatisfaction over the financial packages announced by the government for industry to deal with theRead More
Ambassador Moin ul Haque held a virtual meeting Pakistani diaspora
PARIS, MAY 16 (DNA) – The virtual meeting held in Paris yesterday was aimed at strengthening the link between the Embassy and community, take stock of the situation and problems being faced by the community in the ongoing coronavirus crisis in France, and seeking community’s views on further improving consular services for them. The Ambassador of Pakistan to France Mr. Moin ul Haque briefed the community members about services provided to them during the lockdown, including continuous availability of Embassy officials, ration distribution scheme for the needy, operation of specialRead More
AIOU-SDPI call for broader policy dialogue on education in wake of Covid-19
ISLAMABAD, May 16 (DNA) – Senior academia and educationists across Pakistan have termed Covid-19 as an opportunity to align the entire higher education in the country with the future socio-economic realities. The situation resulted by the global pandemic therefore demands a total paradigm shift and a broader academic policy dialogue is the need of hour to ensure the quality and future-oriented education. They shared these views here with the audience at online ‘Post Covid-19 Scenario – Challenges and Options for Higher Education Institutions’ organized by the Sustainable Development Policy InstituteRead More
China sends doctors to serve locals at Gwadar Port
ISLAMABAD, May 16 (DNA) – A Chinese medical team sent by the Red Cross Society of China (RCSC) is on duty 24 hours at Gwadar Port to serve the local people amid spread of COVID-19. The team is providing medical services since the outbreak of the pandemic in Pakistan, reports Gwadar Pro. The medical team has compiled and released a work program to control and prevent COVID-19 for Gwadar port, which has integrated the practical situation here and the effective measures proven in China. It has also tried its bestRead More
The houses will be repaired and built by the state for free: Shavkat Mirziyoyev
Tashkent, MAY 16 –– President Shavkat Mirziyoyev once again emphasized that the man-made accident at the reservoir was a great test, a government commission was created and all the forces and opportunities were mobilized to deal with the effects of the flood. – Again, for the fourth time, I have come to you to organize work and find out how things are with the residents of Syrdarya. Every hour, every minute I ask about the situation here, they report to me by phone, the head of state said. It was notedRead More
Cooperation between chambers of commerce of Uzbekistan and Italy is strengthening
Tashkent, MAY 16 – –– The Embassy of Uzbekistan in Rome organized a video conference of representatives of the Chamber of Commerce and Industry of Uzbekistan and the Italy-Uzbekistan Chamber of Commerce (СIUZ), Dunyo reports. During the negotiations, the parties discussed practical joint measures for the development and expansion of bilateral trade, economic and investment cooperation this year. Chairman of the CCI of Uzbekistan Adham Ikramov informed the Italian side about the support provided by the state to small and medium-sized businesses, the conditions created in the country for the developmentRead More