PTI-Led Govt, IMF Inch Closer Plugging Gaps In Bailout Program

ISLAMABAD (Dec 20, 2018) — Imran Khan’s newly elected government has offered the International Monetary Fund (IMF) to impose additional taxes to restrict budget deficit and to further increase interest rates and devalue currency to increase foreign exchange reserves–a position both sides have found common grounds but differ on its quantum, timing and policy executions. […]

Court Reserves Verdict On Dr. Shahid Masood’s Bail Plea In ‘Corruption’ Case

ISLAMABAD (Dec 20, 2018) — The Islamabad High Court (IHC) on Thursday reserved its verdict against renowned anchorperson Dr Shahid Masood’s bail plea in state-owned Pakistan Television Corruption Case. The media person well known for his independent analyses on current and country affairs remains incarcerated after arrested by the Federal Investigation Agency (FIA). He is […]

British Airways Announces Direct Flights From London to Islamabad

ISLAMABAD (Dec 18, 2018) — British Airways will resume flights to Pakistan from June next year, announced the airline on Tuesday. According to a press release on the airline’s website, the route will launch as a three-per-week service, operated on a three-class Boeing 787 Dreamliner, with return fares starting from £499 [roughly Rs89,000]. “All of […]

Project For Homeless Takes Off: Over 5,000 Benefit From Shelter Homes in Lahore

ISLAMABAD (Dec 17, 2018) — Over 5,000 homeless people have benefited from makeshift shelter homes set up by the  provincial government of Punjab in its capital Lahore. The provincial capital is a city of over 11 million individuals, including approximately 200,000 homeless people, who have to spend their nights on footpaths, greenbelts and parks – […]

Pakistan Navy Commissions Helicopters For Contemporary Maritime Warfare

ISLAMABAD (Dec 17, 2018) — The Pakistan Navy (PN) has inducted two ex-British Westland Sea King helicopters and the first of two ATR-72 maritime patrol aircraft (MPAs) on order for the service. The platforms entered service in a ceremony held on 12 December at naval air station PNS Mehran that was attended by Chief of […]

Afghanistan’s Ban on Trade in Pakistani Rupee May Fail

KHOST CITY; Dec 16, 2018 — Afghan authorities on Sunday, in a bid to increase circulation of local currency, decided to ban trade in Pakistani rupee in southeastern Khost province. The move by provincial governor Hakam Khan Habibi aims to counter the use of Pakistani currency in local markets. Following the move, many young people in Khost […]

Pak-Afghan Border Fencing Continues Even Nighttime, Completion By Next Year (Video)

ISLAMABAD (Dec 15, 2018) — Work on building forts and fence continues on Pak-Afghan Border—even at nighttime (see video below). Total length of the double fence is 2611 KM. Work on 233 of 843 forts and 802 of 1200 KM priority 1 areas are completed. The military is aiming speedy completion in the priority 1 […]

Crackdown Against Money Laundering Facilitators Moves Forward

Actions being taken to ensure compliance with protocols of the Financial Action Task Force (FATF) ISLAMABAD (Dec 14, 2018) — The PTI-led government has made a major move against money laundering facilitators, by launching a countrywide crackdown against officials of the Federal Investigation Agency (FIA), Pakistan Customs, Anti-Narcotic Force (ANF) and other relevant departments. The […]

Pakistan Building Fence to Stop Terrorists Incursions, Opium Smuggling From Afghanistan

ISLAMABAD (Dec 12,2018) –Pakistan is building a double fence on the Pakistan-Afghanistan border as high as 12 feet in height along the peaks at elevations above 10-12000 ft range. The 840km fence in Waziristan region of the tribal agencies called FATA will be completed by end of 2019 and cost $483 million–with no help from […]

Pakistan Navy Unveils State-of-the-Art Survey Ship

ISLAMABAD (Dec 11, 2018) — Pakistan Navy unveiled its state-of-the-art 3,000 ton survey ship in China’s Yang Zong where it was put afloat in River Yangtze. The vessel was made with the joint cooperation of Pakistan and China. It is the most advanced survey ship which will enhance the scope of marine research in the country. The […]

Real Estate Around Bilawal House Karachi Purchased Using Laundered Monies

Nearly 84 billion rupees of laundered monies were used to buy out as many as 46 real estate units in and around Bilawal House in Karachi during the period 2008 thru 2014–at that time PPP Chairman Asif Ali Zardari was the President of the country and his party ruled at the Center and in Sindh […]

Pakistan, China Special Services Troops to Hold Joint Military Drill ‘Warrior-VI 2018’

A special forces contingent of People Liberation Army China arrived in Pakistan on Saturday. ISLAMABAD; Dec 8, 2018 — All-weather friends Pakistan and China are holding a joint military drill dubbed ‘Warrior-VI’. Focus of the joint exercise is to share respective experiences in the field of counter-terrorism operations and learn from each other’s experiences. This […]

Bahria Town Financial Crisis Deepens After Supreme Court’s Landmark Verdict

The Supreme Court in May found massive illegalities in lands acquired by Real Estate Tycoon Malik Riaz and his firm Bahria Town Ltd. for housing projects in Karachi and Rawalpindi, and declared them illegal; The court also considered the interests of those people (includes overseas Pakistanis) Bahria Town had already sold the land to, and […]

Mayor Karachi, 21 Others Indicted in May 12 Carnage Case

KARACHI; Dec 8, 2018 — Mayor Karachi Waseem Akhtar and 21 others were indicted by an anti-terrorism court (ATC) here on Saturday pertaining to the May 12, 2007 riots, 11 years after the incident. The indictments relate to May 12, 2007 tragedy in which over fifty people were killed and more than a hundred injured […]

Pakistan Govt. Opens President House, Governor Houses to General Public

Back in October 2015, PM Khan had said that after forming government in the center, his party would hand over the country’s governor’s houses and rest houses to the people instead of reserving them for the ruling class only to reduce burden on the public exchequer. ISLAMABAD (Dec 8, 2018) — The PTI-led government in […]

Pakistan Calls For Collaboration With UK to Curb Money Laundering

Pakistan is losing $10 billion a year to money laundering; Britain is prime destination for corrupt “politically exposed persons” (PEPs) to invest their funds. LONDON, Dec 06, 2018: Minister for Information and Broadcasting Fawad Chaudhry Thursday called for collaboration between Pakistan and the United Kingdom to curb money laundering. Pakistan and the United Kingdom enjoyed […]

Rs60 Billion Tax Evasion By Cigarette Industry, NAB to Probe

ISLAMABAD (Dec 6, 2018) — The National Accountability Bureau Rawalpindi has sent its headquarters details of 60 billion Rupees tax evasion by the cigarette industry for further probe as the magnitude of revenue loss was high (US$461 million @ Rs130 = $1). Multinational cigarette companies have claimed that they pay almost all taxes collected from […]

NAB Special Prosecutor in Several High Profile Cases Resigns

ISLAMABAD (Dec 4, 2018) — One of the special prosecutors for National Accountability Bureau has resigned citing his wish to pursue legal career as an “independent professional lawyer”. Imran Shafique, in addition to representing the bureau which challenged the removal of Zulfi Bukhari’s name from the Exit Control List (ECL), was NAB’s special prosecutor in […]

Arnold Schwarzenegger Promises to Visit Pakistan to ‘Highlight Its Climate Vulnerability’

ISLAMABAD (Dec 4, 2018) — ‘Terminator” fame Hollywood actor and former California Governor Arnold Schwarzenegger has promised to visit Pakistan soon. In a recent tweet, Prime Minister’s Advisor for Climate Change Malik Amin Aslam said, “Just met with @Schwarzenegger who’s promised to come to #Pakistan to highlight our extreme climate vulnerability #COP24.” Malik is in […]

President Trump Leans Toward PM Khan For ‘Negotiated Settlement of Afghan War’

This is the first direct communication between the two leaders since Imran Khan assumed power in August–a U-turn in Trump approach but predictably his signature style, observers say. ISLAMABAD (Dec 3, 2018) — Weeks after President Donald Trump’s outpour on Pakistan thought-leaders (again) for not having done enough for the US in Afghanistan-specific matters, Pakistan’s […]