
Continued tepid demand from the major industrial economies coupled with slower growth in China are weighing on the outlook for developing Asia, says a new Asian Development Bank (ADB) report. The latest Asian Development Outlook Supplement released Tuesday trimmed the 2013 growth forecast for the 45 developing member countries of ADB to 6.3% and cut its 2014 […]

The Afghan Taliban says that an Afghan National Army [ANA] soldier, who killed a foreign serviceman at the Kandahar air brigade and injured a number of others five days ago, has escaped from the detention centre with the help of another ANA soldier and both have joined them. The Taliban spokesman, Qari Mohammad Yousaf Ahmadi, […]

An Indian Interior Ministry officer has disclosed that Indian government was behind the 2008 Mumbai attacks and an attack the Indian parliament in 2001 to approve tough anti-terror laws, Indian media reported Sunday. In what is certain to escalate the already vicious fight between the Indian Central Bureau of Investigation (CBI) and the Intelligence […]

U.S. Overseas Private Investment Corporation (OPIC) President and CEO Elizabeth L. Littlefield is visiting Pakistan this week to meet with business leaders and government officials, and with U.S. companies investing in Pakistan. The OPIC delegation will also tour one of its investment projects, the Aga Khan Hospital and Medical Foundation in Karachi, which is known […]

Dilawar Syed, the prominent CEO of the American social media company Yonja Media Group, coached aspiring young Pakistani entrepreneurs today at a workshop sponsored by the U.S. Embassy in Islamabad. The workshop, held at the COMSATS Technology Incubation Center, taught Pakistan’s young entrepreneurs the skills they need to start a successful business, including how […]
Jul 10 2013 | Posted in
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A mine targeting a vehicle of civilians exploded in western Afghanistan and killed 12 women, four children and one man, Afghan media reported Wednesday. The blast occurred in Obe District of Herat Province, the Afghan Islamic Press reported. The Obe District security commander, Sher Aqa, said that the mine targeted the vehicle of civilians in […]
Jul 10 2013 | Posted in
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Increasingly frustrated by his dealings with President Hamid Karzai, President Obama is giving serious consideration to speeding up the withdrawal of United States forces from Afghanistan and to a “zero option” that would leave no American troops there after next year, according to American and European officials, US media has reported. Mr. Obama is […]
Jul 9 2013 | Posted in
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Afghan officials say that 17 Indian companies have agreed to invest in several sectors of the Afghan economy, Afghan media has reported. It is likely that the Indian companies will be investing in sectors like mining, Information Technology (IT), agriculture and livestock industries and logistics as these are the fastest growing sectors in Afghanistan. Experts […]
Jul 8 2013 | Posted in
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U.S. Ambassador Richard Olson and Commerce Secretary Qasim Niaz Monday joined business owners and stakeholders to celebrate the unprecedented success of Pakistan’s mango sector. The U.S. government, through the U.S. Agency for International Development (USAID), has helped boost mango production and exports to international markets, leading to a 75 percent increase in farm […]
Jul 8 2013 | Posted in
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Afghan Taliban said Saturday that a suicide bomber has kill attacked 61 soldiers in Uruzgan province. “Latest information arriving from Tarinkot city say that the martyrdom strike against enemy forces on late Friday has killed and wounded as many as 61 enemy personnel,” Taliban spokesman, Qari Yousaf said. The attack carried out by […]
Jul 6 2013 | Posted in
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U.S. Deputy Chief of Mission Ambassador Richard Hoagland congratulated 95 Pakistani students traveling to the United States for undergraduate study as part of the U.S. government-funded Global Undergraduate (Global UGRAD) Program. “The United States has a long tradition of embracing international students and celebrating the diversity that they bring to our campuses and country, […]
Jul 5 2013 | Posted in
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The Taliban are not willing to talk to the Afghan government, however they are ready for negotiations with the United States, the US special envoy says. “The Taliban are certainly ready to talk to the United States. But we’re insisting that they also need to talk to the government of Afghanistan,” the US Special […]
Jul 4 2013 | Posted in
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