BEIJING: Asian Development Bank (ADB) will provide a loan of $116.9 million to stop wastage of energy and its better utilization in China.This has been said in an announcement issued from the ADB Beijing that a limited guarantee would be given to the programme for saving of energy and better utilization through the proposed amount.The project will promote the construction of green buildings in China.The Standard Chartered Bank has been selected as the first financial institution and the Johnson Control as the first technology company for investment in the project.China is the second biggest country in the world to utilize energy and 20 to 40 per cent electricity is wasted here.
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NEW YORK: The US budget deficit reached the record $438 billion during the financial year of 2008.According to the Congress budget office statistics, deficit during the US financial year ending the previous week was $438 billion, which was $162 billion more than estimate.The previous budget deficit record was $413 billion in the financial year of 2004.
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LAHOREThe Punjab government and Argentine have decided to form working groups for bilateral cooperation and latter would extend assistance to
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KarachiThe Sindh Cabinet has decided to request the Punjab government to relax restrictions on the borders and lift the ban on wheat and flour
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IslamabadAs many as 323 schools being run by a non-profit civil society organisation in Azad Jammu Kashmir and Northern Areas of country pla
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KARACHI: The rupee plunged to fresh lows versus the US dollar in inter-bank market amid pressure of import payments on Tuesday.Although the $5
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Karachi A meeting will hopefully be held in Islamabad in November under the chairmanship of President Asif Ali Zardari to sort out local gover
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KARACHI: Controversial pacer Shoaib Akhtar returned to Pakistan duty on Tuesday when he was named in a 15-man squad for a four-nation twenty20 tournam
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Pakistan News
KarachiInspired by the poetry of Iqbal, Abdul Jabbar Gul showed the painter within the sculptor as he unveiled his latest paintings at the Can
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PESHAWAR: Officials of the provincial Civil Defence Department and Disaster Preparedness and Management Centre of the Peshawar University Tuesday crit
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