Saturday June 23, 2018

PAKISTAN Press Releases

World Bank Supports Regional Connectivity and Renewable Energy in Pakistan Stcoks—15 Jun 18

WASHINGTON, June 14, 2018 - The World Bank is committing over half a billion dollars through two projects to support renewable energy in Sindh and expand economic activity between Pakistan and Afghanistan through the development of an economic corridor

World Bank Statement on Meetings with Pakistan on the Indus Waters Stcoks—23 May 18

Washington, May 22, 2018 - Senior World Bank officials met on May 21-22 with a delegation from the Government of Pakistan at their request to discuss issues regarding the Indus Waters Treaty and opportunities within the Treaty to seek an amicable

SWAFF: 2018 FIFA World Cup Heralds Turning Point For Footballs Frontier General—01 Jun 18

- Green Light For New SWAFF Region To Help More Nations Qualify For Football World Cup Events. - 13 founding members to include India, Pakistan, Bangladesh, Sri Lanka, Saudi Arabia, Bahrain and the UAE - SWAFF initiative hailed as 'milestone' in

THAI Prepares to Serve Islamabad International Airport in Pakistan Lifestyle—04 May 18

Thai Airways International Public Company Limited (THAI) is prepared to provide flight operations to and from the newly constructed Islamabad International Airport in Pakistan, beginning 3 May 2018. As of 3 May 2018 onwards, all international flights

Housing Finance in Pakistan to Become Accessible and Affordable Stcoks—30 Mar 18

WASHINGTON, March 29, 2018 – The World Bank today approved $145 million to expand home owner-ship including women and the poor through access to affordable housing finance in Pakistan. The Pakistan Housing Finance Project (PHFP) will support

CPEC offers enormous potential to Boost Pakistan Economy, Report Says Stcoks—23 Mar 18

With investments in road, railways and ports, the $60 billion China Pakistan Economic Corridor (CPEC) offers enormous potential for Pakistan to boost its economy, reduce poverty, spread benefits widely and help those likely to be affected by the new

GFSI Recognises Excellence in Food Safety With its Global Market Awards General—08 Mar 18

- Four companies, Nuts and Legumes Co. (Pakistan), Plantation Industries Limited (Nigeria), Fuji Foods Co. Ltd. (Japan) and ASOCIACIONES AGROINDUSTRIALES SERRANAS S.A DE C.V (Mexico), recognised for application of the GFSI Global Markets Programme on

IMF Executive Board Concludes First Post-Program Monitoring Discussions with Stcoks—07 Mar 18

On March 5, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the first Post-Program Monitoring Discussions [1] with Pakistan. Pakistan's near-term outlook for economic growth is broadly favorable. Real GDP is expected to grow

Honda Achieves its Best Automobile Sales Record in the Asia Oceania Region in Automotive—25 Jan 18

- In 2017, Honda achieved record automobile sales in the Asia & Oceania region of over 790,000 units, up 12% compared to 2016 sales. - Honda achieved its highest-ever annual sales in Malaysia, the Philippines, Vietnam, Taiwan, and Pakistan in 2017. -

IMF Staff Completes Mission for the First Post-Program Monitoring to Stcoks—15 Dec 17

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF's

Huawei Marine and Tropical Science Commences Work on the Construction of the PEACE Submarine Cable IT—06 Dec 17

Huawei Marine today announced it has commenced work on Desk Study and Marine Survey works in conjunction with key investor Tropic Science Co., Ltd. (Tropical Science) to construct the Pakistan East Africa Cable Express (PEACE) submarine cable, which

High Efficiency Irrigation gets further Boost in Pakistan Stcoks—01 Dec 17

WASHINGTON, November 30, 2017—The World Bank today approved an additional $130 million to continue supporting farmers in Punjab province to use water more efficiently. Adopting and installing drip and sprinkler systems will significantly reduce

AIT signs agreement with Balochistan Development Network General—22 Nov 17

The Asian Institute of Technology (AIT) has signed a Memorandum of Understanding (MoU) with the Balochistan Development Network (BDN), a membership-based network comprising of 25 civil society organizations of Balochistan, Pakistan. The MoU was signed by

Pakistan#s Proposed Sukuk Assigned #B# Preliminary Rating Stcoks—21 Nov 17

SINGAPORE (S&P Global Ratings) Nov. 21, 2017--S&P Global Ratings today assigned its preliminary 'B' long-term foreign currency rating to the planned U.S. dollar-denominated sukuk (trust certificates) issuance by The Third Pakistan International

SP Standard+Poor#s SP+Global+Ratings Stcoks—21 Nov 17

SINGAPORE (S&P Global Ratings) Nov. 21, 2017--S&P Global Ratings today assigned its 'B' long-term foreign currency rating to the proposed benchmark sized U.S. dollar-denominated senior unsecured notes issued by the Islamic Republic of Pakistan

Pakistan Ambassador for expansion of cooperation with AIT General—16 Nov 17

Ambassador of Pakistan to Thailand, H.E. Mr. Asim Iftikhar Ahmad has desired an expansion of cooperation between Pakistan and the Asian Institute of Technology (AIT). Speaking to AIT official on his visit to the Institute on 8 November 2017, the

IEP#s 2017 Global Terrorism Index: Terrorism Deaths Down 22% Compared to 2014 Peak as Radical General—15 Nov 17

- For the second consecutive year, the total number of deaths is down with a 13% YOY reduction compared to 2015. - Syria, Pakistan, Afghanistan and Nigeria, four of the five countries most affected by terrorism, recorded 33% fewer deaths. - The largest

Accelerated Reforms Needed for Higher Growth, Job Creation Stcoks—10 Nov 17

KARACHI, November 9, 2017– Pakistan needs accelerated economic reforms to speed up growth, create more jobs and bring more stability by addressing growing fiscal and current account deficits, the World Bank said today in a report. The World Bank's

GSL#s New Middle East Service (GCX) to Commence in November General—01 Nov 17

Gold Star Line is pleased to announce the launch of a new Middle East service, named GCX, connecting China, Pakistan and the Middle East. (Logo: http://mma.prnewswire.com/media/593120/Gold_Star_Line_Logo.jpg ) (Photo:

World Bank to Continue to Support Pakistan Economic Reforms Stcoks—17 Oct 17

WASHINGTON, October 16, 2017— The World Bank said today it would continue to support Pakistan to implement broad economic reforms and address current risks towards achieving its development aspirations. The statement was made after discussions with

World Bank Supports Temporarily Displaced Persons in Pakistan Stcoks—22 Sep 17

Washington, September 21, 2017 ? The World Bank today approved $114 million to significantly expand support for families affected by militancy-related violence, improve child healthcare and establish systems for emergency response safety net delivery in

Pakistan Mobile #B# Rating Affirmed With Stable Outlook After Divestment Of Tower Infrastructure Stcoks—12 Sep 17

SINGAPORE (S&P Global Ratings) Sept. 12, 2017--S&P Global Ratings affirmed its 'B' long-term corporate credit rating on Pakistan Mobile Communications Ltd. (Jazz), a Pakistan-based wireless service provider. The outlook is stable. We affirmed the

Puma Energy Announces Joint Venture With Chishti Group in Pakistan Energy—28 Aug 17

We are pleased to announce that Puma Energy has entered into an agreement with the Chishti Group to acquire 51% interest in Admore Gas Pvt. Ltd (Admore). (Photo: http://mma.prnewswire.com/media/548915/Puma_Energy_Admore_Group.jpg ) Admore is one of the

World Bank Statement on the Indus Waters Treaty Meetings Stcoks—02 Aug 17

WASHINGTON, August 1, 2017 -- The Secretary-level discussions between India and Pakistan on the technical issues on the Indus Waters Treaty took place this week in a spirit of goodwill and cooperation. The parties have agreed to continue discussions and

World Bank Helps Pakistanis Access Finance, Modernize Karachi Stcoks—16 Jun 17

WASHINGTON, June 15, 2017— The World Bank today approved a package of $223 million to help millions of Pakistanis, especially women and the poor, to get access to financial services and to improve living conditions in parts of Karachi. "The two new

Innovative Study from Pakistan around Gender-Based Violence Wins World Bank Group, SVRI Stcoks—19 Apr 17

WASHINGTON, April 18, 2017—The World Bank Group and Sexual Violence Research Initiative (SVRI) today awarded funds to a Pakistani team from The Urban Institute and Information Technology University Data Science to investigate the environment that

Photo Release: CELEBRATING THE NATIONAL DAY OF THE ISLAMIC REPUBLIC OF PAKISTAN AT SHANGRI-LA General—27 Mar 17

H.E. Dr. Sohail Khan, Ambassador of the Islamic Republic of Pakistan to Thailand (6th left), hosted a cocktail reception in celebration of the National Day of the Islamic Republic of Pakistan at the Grand Ballroom, Shangri-La Hotel, Bangkok recently.

World Bank to Expand its Support for Poorest in Pakistan Stcoks—16 Mar 17

WASHINGTON- March 15, 2017- The World Bank today approved a package of measures worth $450 million to help the poorest and most vulnerable people in Pakistan. The initiatives include expanding banking services and financial access, strengthening the