Financial Stability Review CY-19 suggests resilience of the banking sector to the COVID-19 pandemic

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Preservation of Pre-Historic Rock Carvings in Diamer Basha Dam Project Area: WAPDA gears up to implement Cultural Heritage Management Plan

June 15, 2020: Besides initiating construction work on the Main Dam of Diamer Basha Dam Project, Pakistan Water and Power Development Authority (WAPDA) is also gearing up for implementation of a Cultural Heritage Management Plan in the Project area with a view to fulfilling its national and international obligations for construction of water and hydropower projects. The Plan aims at preservation…

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‘CPEC placed in cold storage due to influence from West’

KARACHI: Well-known economist Dr Kasier Bengali has said that Pakistan’s economic policies are being made in Washington and the International Monetary Fund (IMF) has sent its people to sit in major institutions, which is why there is no mention of the China-Pakistan Economic Corridor (CPEC) in the budget 2020-21. Speaking during a webinar organised by the Pakistan Institute of Labour…

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The world’s first 5G mobile networks are still more patchy than powerful

The hype for the next-generation of mobile technology has been in full force since Qualcomm declared “5G is here, and it’s time to celebrate” in February of last year.The reality, however, has required patience from consumers because of the time needed to roll out the new networks and the dearth of applications to put additional speed to compelling use.A year…

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India shut down its economy to contain the coronavirus. It’s now one of the most affected countries

India’s coronavirus cases have spiked in recent days, fueling concerns the situation could spiral out of control even as the country starts to reopen after weeks of stringent lockdown. India is the fourth worst-hit nation in the world, with cumulative infection numbers over 320,000 — behind only the United States, Brazil and Russia, according to Johns Hopkins University data. Daily…

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