New Unit Installation at Bin Qasim power station to light up Karachi
Harbin Electric Group International announced on the 27th of May that at 15:10 local PST time on May 26th, the third phase of Pakistan Bin Qasim power project built by HEI having capability of producing 900MW of energy through combined cycle power station project successfully achieved the running of the No. 1 steam turbine, and […]
Fuel prices increased by 20% in Pakistan
On May 26, local time, Pakistan’s Finance Minister announced that Pakistan has reached an agreement with the International Monetary Fund (IMF) in the latest negotiations, based upon the condition that Pakistan will increase the prices of fuel by 20%. So based upon the understanding, on 27th of May prices of fuel were increased In 2019, […]
China based automobile company Higer Bus delivers brand new buses to Pakistan
Recently, the first batch of more than 100 Higer buses 12-meters long were delivered to Karachi, the largest city in Pakistan, and later in coming years 130 Higer buses will be delivered to Pakistani ports. It is reported that two batches of brand-new vehicles will be put into operation in 6 major cities in Pakistan’s […]
Pakistan reportedly reaches conditional agreement with IMF on disbursing $1 billion
Pakistan is reported to have reached an agreement with the IMF on the release of US$1 billion in aid funds to Pakistan. Financial Associated Press reported on May 26 that Pakistan and the International Monetary Fund (IMF) have formulated an aid plan. Under this plan, the IMF will pay Pakistan nearly $1 billion in aid funds […]
Chinese Embassy in Pakistan issues Renewed Security Reminders to Citizens
On Thursday 26th May, The Chinese Embassy in Pakistan issued renewed security reminders to Chinese citizens in Pakistan. The reminders goes on as below: “Recently, the security situation in Pakistan is severe and complicated. The Chinese Embassy in Pakistan reminds Chinese citizens, enterprises and projects in Pakistan to attach great importance to security, strengthen communication […]