The Daily Mail - Daily News from Pakistan

Islamabad, Friday, 30 July, 2010

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Banks to recover billions from borrowers

Islamabad—Special Committee of the Public Accounts Committee of National Assembly on Thursday was briefed about the non-recovery of loans worth billions of rupees by different sectors functioning under Ministry of Finance and directed to speed up the recovery process so as to bring back the borrowed money in national exchequer.

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Transit deal an attack on sovereignty of Pakistan: PEW

Islamabad—The Pakistan Economy Watch (PEW) on Thursday said Afghan-Pakistan Transit Trade Agreement (APTTA) should be scrapped as it is an attempt to destabilise Pakistan by ensuring Indian supremacy in the region.

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‘Power companies need to invest in IT technologies’

Islamabad—Tahir Basharat Cheema, Managing Director Pakistan Electric Power Company (Private) Limited (PEPCO) emphasized that electricity utility companies need to invest in acquiring new IT technologies and processes, along with increasing the generation capacity, to improve management and curtail operational cost.

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		US recovery fears weigh on Asian markets
		First US court session pits BP against oil spill