PoK invites Chinese businesses to go big on investment – The Times of India

ISLAMABAD: Pakistan-occupied Kashmir‘s president Sultan Mehmood Chaudhry has invited Chinese businesses to invest heavily in the disputed region, state media reported on Wednesday after the director of China’s Yunnan Sunny Road and Bridge Company met him in Muzaffarabad the previous day to discuss “massive opportunities” across sectors. Giant Russian Ship Enters British Waters; UK To…

Read More

Why World Bank cancelled $500 million loan to Pakistan – Times of India

The World Bank has withdrawn a budget support loan of more than $500 million to Pakistan as a result of the country failing to fulfil critical conditions within the time limit. The required conditions included revising the purchase power agreement in relation to the China-Pakistan Economic Corridor, according to The Express Tribune.The Washington-based international lender…

Read More