Pakistan News

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  • Ample room to gain trade efficiency in Asia-Pacific

    ISLAMABAD: In a major assessment of more than 30 trade facilitation measures in the Asia and the Pacific region, a new United Nations survey reveals that the regional trade facilitation implementation on average is only about 50 per cent, and suggests that significant room remains for progress in several regional economies...

    The assessment confirms that a large majority of countries in the region has been actively engaged in...

  • Implementation of facilitation pact to cut trade costs in Asia-Pacific

    ISLAMABAD: Trade costs in Asia and the Pacific is projected to be reduced by 26 per cent or savings of $673 billion every year with the full implementation of the WTO’s Trade Facilitation Agreement together with other paperless trade measures, according to a new report released by the United Nations on Friday...

    The report, ‘Digital Trade Facilitation in Asia and the Pacific’, launched by the UN Economic and Social Commission for Asia...

  • FIFA says Nobel Center withdrawal “isn’t fair play”

    ZURICH: FIFA reacted with bitterness on Tuesday over the Nobel Peace Center’s plan to end cooperation over the Handshake for Peace initiative, saying the decision was “not fair play” and obstructed anti-discrimination...

    “We are disappointed to have learned from the media about the Nobel Peace Center’s intent to terminate the cooperation with FIFA on the Handshake for Peace initiative,” said FIFA in a statement...

  • Explosion in Bogota shopping center kills three, wounds nine

    Three women were killed and nine wounded after an explosive device detonated in a restroom in a busy upscale shopping centre in Colombia's capital on Saturday...

    The Andino shopping mall in an exclusive area of Bogota was evacuated after the blast, which occurred around 5 pm local time in the women's toilet
  • I’m a certified Grammar Nazi, and I couldn’t pass IELTS

    Nothing wrecks an English writer’s pride – his “unfaltering” confidence in his own pen – like being made to repeat an internationally acclaimed English language test due to an insufficient score...

    IELTS, which stands for International English Language Testing System, meticulously examines one’s language skills for the purpose of working or studying in certain English-speaking countries; notably Australia, Canada, and the United Kingdom
  • Asia-Pacific remains firmly behind embattled Blatter

    SYDNEY: There were a few fissures but no major cracks apparent in FIFA president Sepp Blatter’s bedrock of Asia-Pacific support as officials began returning to the region from the annual congress of football’s world governing body over the weekend...

    Asia’s 47-nation bloc, and the less numerous but equally supportive Oceania Football Confederation, were significant backers of Blatter’s campaign to be re-elected for a fifth term,...

  • ‘Public-private partnerships failing in Asia-Pacific’

    ISLAMABAD: The public-private partnerships (PPP) have played a limited role in the infrastructure development in Asia-Pacific, which is facing the persistent problem of project cancellation...

    A report from the Asian Development Bank (ADB) said the value of cancelled PPP projects in developing Asia amounted to $41...

  • Govts in Asia-Pacific region fail to check river pollution

    ISLAMABAD: The Asia-Pacific region has failed to control pollution of its rivers, more than 80 per cent of which are considered to be in ‘poor health’, a new United Nations report reveals...

    The report, prepared by the UN Environment Programme (UNEP) for the second forum of ministers and environment authorities of Asia-Pacific region opening in Bangkok on Sept 5, says that common pollutants in the region are organics, nutrients,...

  • Asia-Pacific a global destination for investment: UN

    25 trillion that is growing rapidly, Asia-Pacific is on its way to becoming the most important market in the world, opening possibilities for further expansion of trade and investment within the region, a new report of the United Nations says...

    This could contribute to job creation, poverty reduction and the boosting of economic growth throughout the region, according to the report, “Enhancing Regional Economic Cooperation and...

  • Asia-Pacific countries most vulnerable to climate change, warns minister

    ISLAMABAD: Five of the top 10 countries affected most by climate change-induced disasters during 1994-2013 are located in the Asia-Pacific region, says the Global Climate Risk Index 2015...

    Minister for Climate Change Senator Mushahidullah Khan said that a recent UN report ‘Economic Social Survey of Asia and the Pacific’ had cautioned that almost all Asia-Pacific countries — particularly Pakistan, Bangladesh, Bhutan, Nepal, Sri Lanka,...

  • Asia-Pacific outperforms rest of the world: IMF

    WASHINGTON: Asia-Pacific will continue to outperform the rest of the world but a slower growth in China and Japan poses new risks to the region, says the International Monetary Fund...

    The Fund’s biannual Regional Economic Outlook for Asia and the Pacific says that the region’s gross domestic product growth will hold steady at 5...

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