ISLAMABAD: Some 400 to 500 megawatt of electricity per day will be obtained through wind turbine all across the country in the next three years.
Pakistan Alternative Energy Board (PAEB) Chief Executive Shahid Hamid told a private TV channel.
He said that initially, five wind turbines would be installed in Sindh Jambheer area in collaboration with a […]
MADRID: The Asian Development Bank on Saturday promised financial help for nations fighting the global food price crisis and attacked plans for a rice cartel.
Loans will help countries subsidise the price of food staples for the poor, ADB president Haruhiko Kuroda said on the first day of the banks four-day annual general meeting in Madrid.
“The […]
KARACHI: The State Bank of Pakistan (SBP) sold 27.05 billion rupees ($415.25 million) of Treasury bills on Saturday under five-day repo contracts at 8.80 percent to mop up funds from the money market. Reuters, 2008
BOSTON/NEW YORK: Microsoft Corp and Yahoo Inc are making last-minute efforts to seal a deal before Microsoft takes its Yahoo bid hostile or abandons it altogether, sources familiar with the matter said on Friday.
NUSA DUA: Southeast Asia nations meeting in Bali have agreed to co-operate over the rice market, Malaysias trade minister said on Saturday, as rocketing prices shock a region where the grain is a core part of most meals.
The issue of food security has hijacked the weekend trade meeting of the 10-member Association of Southeast Asian […]
KARACHI: Operations at all ports on Friday came to a halt due to protest by officials of Customs House against the suspension of 25 customs officials on the charges of clearing hundreds of containers without any physical examination during October 2006 to July 2007 under fake Goods Declarations (GDs), allowing the importers to evade levies […]
ISLAMABAD: Japan will provide soft loan of $478 million (Rs. 29 billion) to Pakistan for different projects of roads, basic needs of life and grid station.
NEW DELHI: Oil Ministers of India, Pakistan and Iran will soon hold talks to sort out safety and security issues pertaining to $7.4 billion Iran, Pakistan, India gas pipeline that would pass through Pakistan.
Reports here said India broached early clearance for $22 billion Liquefied Natural Gas (LNG) gas supply deal issue with Iranian President Mahmoud […]
Kolkata, May 3 (IANS) The Kolkata airport will expand its runway and build a taxiway for the Airbus A380, the world’s largest commercial aircraft. The work is to be completed by 2009-end, an official said Saturday. “We plan to extend the 2,400-metre runway at the Netaji Subhas Chandra Bose International Airport by 840 metres. […]
DPA Hong Kong, May 3 (DPA) A high-profile millionaire Hong Kong businessman was beginning a community service order Saturday after escaping jail for drunkenly groping two male taxi drivers. Stephen Gan Fock-wai, known as the Prince of White Flower Oil because of his company’s health products, was ordered in a courthearing Friday to perform […]