World Bank points out serious downside risks to Pakistan’s economy in FY21

With the lowest GDP growth of 0.5% among all South Asian nations, the World Bank (WB) has warned Pakistan about external financing risks that could be compounded by difficulties in rolling-over bilateral debt from non-traditional donors and tighter international financing conditions. The WB’s report on South Asia reveals that regional growth was expected to rebound مزید پڑھیں

Hyundai presents first seven hydrogen-powered trucks to customers

South Korean carmaker Hyundai on Wednesday presented the first seven hydrogen-powered trucks to customers in Switzerland, out of 50 such vehicles scheduled this year to bring zero-emission commercial vehicles to European roads. For long haul, proponents say hydrogen-powered trucks have an advantage over electric rivals as they have a greater range and require less charging مزید پڑھیں

KP plans establishing six industrial zones on 3,788 acres land

The provincial government took initiative to establish six industrial zones in Chitral, Daraban, Karak, Buner for the first time. It emerged that the first industrial of Chitral will be established on 40 acres land, whereas, another will be established in Daraban for the industrial development of southern districts. Moreover, the government will establish an industrial مزید پڑھیں