Tuesday, November 23, 2004
Pakistan’s Credit Rating Increased
The Singapore-based Standard & Poor’s Ratings Services on Monday raised Pakistan’s long-term sovereign credit ratings by one notch, to ‘B+’ for foreign currency and ‘BB’ for local currency.
An announcement by the rating agency said the upgrades reflect declining debt and debt-servicing burdens, as well as sustained economic progress. The rating actions also reflect …
Swiss Exhibition on ‘Borders and Beyond’ Opens in Lahore
There was an exhibition of photographs titled ‘Borders and Beyond’ at the Shakir Ali Museum on Monday organised by the Swiss embassy in collaboration with the Pakistan National Council of Arts (PNCA). Tim Enderlin, the Swiss chief of embassy affairs, said that the aim of the exhibition was to portray some aspects of borders …
Continue reading »European Kidney Flown In to Help Karachi Girl
Following a rare initiative involving an international health agency, an airline and the administration of a hospital in Karachi, a kidney was flown in from Europe and transplanted into an 18-year-old Pakistani, Uzma, in the early hours of Sunday.
A patient of end-stage renal disease, Uzma had been on dialysis for the last more …
State-of-the-art Tracking System for Railways Soon
China has promised to send 65 new freight wagons to the Pakistan Railways (PR) on November 26 while Germany is providing the PR with state-of-the-art track sensing technology, sources told Daily Times on Monday.
The new lot of wagons is part of a shipment of 400 freight wagons to Pakistan from China under an earlier contract. …
