Wednesday, June 24th, 2020
Metro Pakistan, Unilever join hands to distribute free meals
DNA Karachi, June 24, 2020: Covid-19 Pandemic has adversely impacted the lives of many across the world. During this difficult time, METRO Pakistan in collaboration with Unilever Pakistan distributed meal boxes to the frontline warriors, including doctors, nurses, and other medical support functions at various hospitals, fighting the war against the global pandemic. These frontline fighters have been putting their lives at risk day in and day out to save lives of people who have been impacted by the deadly virus. This initiative started at the beginning of this monthRead More
SDPI, ACEF sign MoU for cooperation on research, learning
DNA Islamabad: JUNE 24 – All-China Environment Federation (ACEF) and Sustainable development Policy Institute (SDPI) have joined hands to explore the avenues of collaboration and cooperation as joint research activities in the areas of mutual interests of both the organizations. Ms XIE Yuhong, Secretary General, ACEF and Dr Abid Suleri, Executive Director, SDPI in this regard signed a memorandum of understanding (MoU) online on behalf of their respective organizations on Tuesday. Ms Lingling Yao and Dr Mahmood A. Khwaja have been nominated as the respective Focal Persons, for ACEF andRead More
Parliament to play important role in strengthening Pak-Afghan relations: NA Speaker
DNA Islamabad June 24, 2020: Speaker National Assembly Asad Qaiser has said that the stable relationship between Pakistan and Afghanistan is imperative for the progress and development of both the countries. He said that bilateral Parliamentary, trade and economic engagement could strengthen the existing fraternal bonds. Speaker National Assembly expressed these views in a meeting with Pakistan’s Special Envoy to Afghanistan Ambassador Mohammad Sadiq Khan who called on him in Islamabad, today. The Speaker said that building close cooperative relations with Afghanistan is a high priority of Pakistan’s foreign policyRead More
Cabinet body meets to mull ways to reform bad-performing SOEs
DNA ISLAMABAD, JUNE 24 – The Cabinet Committee on the State-owned Enterprises (CCoSOEs) met here today to discuss the governance reforms on the state-owned enterprises and the reconstitution of the Board of Directors of Sarmaya-i-Pakistan Limited. The CCoSOEs meeting chaired by Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh decided to set up a sub-committee headed by Minister for Industries and Production Muhammad Hammad Azhar to study the status and implementation of the recommendations of Task Force on Austerity and Government Restructuring Report on restructuringRead More
Bank Islami opens new branch in Balochistan
DNA KARACHI: BankIslami announced the opening of its new branch in Sanjavi Balochistan. To commemorate the new location, higher officials from Balochistan and Burhan Hafeez, General Manager – South, BankIslami joined, at the grand opening celebration and ribbon-cutting ceremony to officially open the branch. “We’re excited to expand our presence in Balochistan and open our branch in Sanjavi where we can help local residents and business owners with their banking needs,” said Burhan Hafeez. He further added, “BankIslami is investing in its branch network, and this location features our new modernRead More
Pakistan receives $500 million each from World Bank, ADB
KARACHI: The State Bank of Pakistan (SBP) said on Wednesday it has received one billion dollars – 500 million dollars each from the World Bank and the Asian Development Bank. The ADB approved a $500 million loan to help the country tackle the ongoing coronavirus and strengthen the health sector, while the World Bank approved a $500 million loan to help improve the healthcare and education systems. Meanwhile, the central bank said the country’s current account deficit (CAD) turned into a surplus of $13 million by May 2020 against aRead More