Pakistani project wins award for shielding villages from natural disasters

A project that combines satellite images, mapping technologies and the local knowledge of villagers to help build climate-proof settlements in disaster-prone areas of Pakistan won an international award on Thursday. More than 1 million people have benefited from the Aga Khan Agency for Habitat (AKAH) Pakistan project, which was a gold prize winner at the World Habitat Awards that are…

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ECC defers subsidy for industries

ISLAMABAD: The cabinet’s economic decision-making body on Thursday did not approve a subsidy of Rs9.5 billion under the prime minister’s industrial package that the Power Division sought to pick the difference between peak and off-peak electricity rates. The Economic Coordination Committee (ECC) of the cabinet was not sure about the base of the Rs9.5 billion subsidy claim for the period…

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Britain Sees Vast Trade Opportunities In Pakistan

There are vast trade and investment opportunities in Pakistan, especially in Karachi, which is an international economic centre, said British Deputy High Commissioner Mike Nithariankis. He stated that the UK mission was further trying to promote economic cooperation between the two countries including a boost to trade and investment. “My job is to bring more British people to see enormous…

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The LNG Fiasco

IF you’re confused by all the talk around the LNG import issue these days, there is one thing to focus on which helps explain it all. Winter is peak season for gas demand, there are always shortages as everyone knows for many years now, and arrangements for LNG imports for December, January and February have to be made months in…

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UK one of first countries to start vaccinating its population, approves shots from ‘next week’

Pfizer and BioNTech say they’ve won permission on Wednesday for emergency use of their Covid-19 vaccine in Britain, the world’s first coronavirus shot that’s backed by rigorous science — and a major step toward eventually ending the pandemic. The move makes Britain one of the first countries to begin vaccinating its population as it tries to curb Europe’s deadliest Covid-19…

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