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Last update: Tue, 09 Feb 2016 10am

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IT policy to encourage foreign investment: Dar ISLAMABAD: Ministry of Information Technology has come up with a comprehensive telecom policy which not only encourages foreign investment but also envisages to extend IT and telecom facilities to the underserved and far flung areas of the country.Finance Minister, Senator Mohammad Ishaq Dar Monday said this while talking to a delegation of the reputed telecom concern, VimpelCom led by its CEO, Jean-Yves Charlier who called on him, said a statement issued by the Ministry of Finance.Minister of State for IT, Anusha Rehman Khan was also present on the occasion.He said VimpelCom has US$ 5 billion investment in Pakistan since inception and delivers services to 38 million customers.Jean-Yves Charlier said as the leading investor and taxpayer, remains committed to support Pakistan's economy.Ishaq Dar on this occasion appreciated the economic contribution of VimpelCom. He said that Pakistan's economic turnaround had been acknowledged by leading international financial organizations and that VimpelCom's plans to ...

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Ahsan for adopting integrated energy management model ISLAMABAD: Federal Minister for Planning, Development and Reform, Ahsan Iqbal here on Monday said integrated energy management model is critical for the country.Talking to a delegation of US Energy Department, headed by Jonathan Elkind, Assistant Secretary for International Affairs, Department of Energy he said Pakistan would closely work with US for the development of model to ensure efficiency and management in energy sector.Ahsan Iqbal said Pakistan can benefit from the expertise of US to enhance ...

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Merkel: refugee aid projects in Turkey must be built swiftly ANKARA: Donors should stop talking and start building projects to help refugees in Turkey, following European promises of billions of dollars in aid last week, German Chancellor Angela Merkel said on Monday. "We need a visible first project.It doesn't help a child from Syria that is a refugee here, or a Turkish class that has to share its room with Syrian refugees to say we have pledged 3 billion.They want to see a school in ...

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TSX falls as broader losses offset gains for gold stocks TORONTO: Canada's main stock index fell on Monday as weaker crude oil prices and a broader sell-off in risky assets weighed on energy and financial stocks, overshadowing gains for gold stocks. The Toronto Stock Exchange's S&P/TSX composite index was down 127.35 points, or 1.00 percent, at 12,636.64, shortly after the open. Nine of the index's 10 main groups were in negative territory. Copyright Reuters, 2016

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Brexit could mean migrant camps in UK: Cameron's office LONDON: Prime Minister David Cameron's office on Monday warned that Britain leaving the European Union could mean migrant camps being set up on British shores if UK border checks are removed from Calais in France."Should Britain leave the EU there's no guarantee those controls would remain in place," Cameron's spokesman said at a daily briefing."If those controls weren't in place there would be nothing to stop thousands of people crossing the Channel overnight and arriving ...