Pakistan central bank raises key interest rate to 13.25%

Reuters | Jul 16, 2019 at 12:16 PM

Pakistan’s central bank raised its main policy rate by 100 basis points on Tuesday to 13.25%, citing increased inflationary pressures and a likely near-term rise in prices from higher utility costs.

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  • Pakistan central bank raises key interest rate to 13.25% (Reuters: Jul 16, 2019 at 11:48 AM)

More Pakistani students granted master’s degree in China

Xinhua News Agency | Jul 16, 2019 at 11:05 AM

The first batch of Pakistani students fully financed by China Road & Bridge Corporation (CRBC) have graduated from a Chinese university in Nanjing, capital of east China’s Jiangsu Province.

Pakistan reopens airspace for civil aviation

Xinhua News Agency | Jul 16, 2019 at 6:22 AM

Pakistan announced on Tuesday to reopen its airspace with immediate effect for civil aviation after over four-month long blockage following military tension with neighboring India, local media reported.

Pakistan reopens airspace for civil aviation after India standoff

Reuters | Jul 16, 2019 at 2:56 AM

Pakistan’s airspace has been reopened to civil aviation with immediate effect, its aviation authority said on Tuesday, following months of restrictions imposed in the wake of a standoff with neighbouring India earlier this year.

Pakistan re-opens airspace for civil aviation

Reuters | Jul 16, 2019 at 2:18 AM

Pakistan’s airspace has been re-opened to civil aviation with immediate effect, its aviation authority said on Tuesday following months of restrictions imposed in the wake of a standoff with neighbouring India earlier this year.

11 miners trapped after coalmine collapses in SW Pakistan

Xinhua News Agency | Jul 15, 2019 at 12:14 PM

A coalmine in Pakistan’s southwest Balochistan province collapsed due to the accumulation of poisonous gas, trapping 11 miners thousands of feet deep underground, local media and officials said on Monday.