MANILA, PHILIPPINES (16 June 2020) — Greater investment in clean energy infrastructure will contribute to Asia and the Pacific’s recovery from the coronavirus disease (COVID-19) pandemic and make economies more resilient against future shocks, participants at the Asia Clean Energy Forum (ACEF) 2020 heard today. “It is clear that the COVID-19 crisis has made tackling climate change and other development issues an even bigger challenge,” said Asian Development Bank (ADB) President Masatsugu Asakawa in his opening remarks. “However, the situation offers opportunities and we must now seize the chance to…
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Asim Bajwa Sahib dismisses impression regarding CPEC projects slowdown
Chairman China-Pakistan Economic Corridor (CPEC) Authority Lt. General (retired) Asim Saleem Bajwa has dismissed the impression that the pace of CPEC related projects have slowed down, saying that the scope has actually enhanced. “Some detractors giving a false impression of CPEC being slowed. Not only pace of work on projects picked up recently, a great deal of groundwork done to launch phase-2,” said Bajwa in a tweet post on Wednesday. “Not only pace of work on projects picked up recently, a great deal of groundwork done to launch phase-2,” he…
Read MoreA water crisis looms for 270 million people as South Asia’s glaciers shrink
CHINA Pilgrims take selfies last September at Drolma La, the highest point on their 32-mile kora—a circular, meditative walk around Mount Kangrinboqe in Tibet. The mountain is sacred to four religions, and four of South Asia’s rivers rise from near its cardinal points. The source of the Indus River is a four-day walk north of the mountain. Photography for this article was supported in part by the South Asian Journalists Association. From near Mount Kangrinboqe in Tibet rise four major rivers, which stretch east and west across the Himalaya and down…
Read MoreMob blocks oil supply from Kohat
KARAK: People on Monday blocked oil supply from Kohat division on the call of a jirga comprising lawmakers to protest denial of basic rights to the resource-rich region. Separate processions comprising hundreds of vehicles led by Jamiat Ulema-i-Islam-Fazl lawmakers from Karak, Mian Nisar Gul Kakakhel and Malik Zafar, and MPA from Kohat, Shah Dad Khan marched to the protest site near Rangeenabad Chowk, on the border between Karak and Kohat districts. The speakers on the occasion resolved that their protest would continue till a 14-point charter of demands was realised.…
Read MorePunjab brings ride-hailing apps under sales tax net
The Punjab government has added the services of ride-hailing apps to its sales tax net through the Finance Bill 2020, tabled by provincial Finance Minister Makhdoom Hashim Jawan Bakht on Monday. Previously, the ride-hailing apps were giving tax under the rent-a-car services category and were paying 16% tax, however, now they will have to pay only 4% tax under the Punjab Sales Tax on Services Act 2012. The total number of services under the tax net in Punjab has now increased to 69. Other than ride-hailing apps, no new tax…
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