Trump wants PIA's hotel in New York, CPEC's $11 billion revival, and more.
Trump has his eyes on the iconic Roosevelt hotel, $11 billion projects signed under CPEC, and more top stories from Pakistan.
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📆 COVID-19 update: Pakistan reported 2,145 new coronavirus cases and 40 deaths yesterday. It’s the lowest number of reported deaths since late May.
🏨 Roosevelt hotel: US President Donald Trump wants to buy the PIA-owned Roosevelt Hotel in New York. However, the govt has changed its plan of selling the iconic hotel and instead wants to lease it out or work in a joint venture with the private sector. Read more.
🇨🇳 CPEC revival: China’s Belt and Road program has found new life in Pakistan with $11 billion worth of projects signed in the last month, putting an end to the 2-year hiatus since Imran Khan took charge. Read more.
⚔️ PML-N revolt: Seven PML-N MPAs have quit the party due to increasing problems in their constituencies. The MPAs had also met with Punjab Chief Minister Usman Buzdar twice. Read more.
💰 Rupee stability: Fitch Solutions has predicted that the Pakistani Rupee will remain at an average of 163 against US Dollar in 2020. A sharper depreciation in rupee’s worth isn’t expected. Read more.
✈️ Turkish Airlines helps: While PIA flight operations to Europe remain suspended, Turkish Airlines has offered its services to transport Pakistani fruit and vegetable exports to other countries. Read more.
⚠️ CAA fake news: A letter by the Civil Aviation Authority saying that all issued licenses are valid is being used to score political points. However, it’s not a general letter. Rather, it was issued on request of the Omani Civil Aviation Authority. Read more.
🚘 UBL and Honda: UBL Good Citizen Account holders can get a special interest rate of 9.75% on car loans for Honda vehicles. Discounts on insurance and registration fees, reduced loan processing charges, and priority delivery, are also on offer. Read more.
⛽ High-quality fuel: The government wants to import high-grade petrol and diesel during the current fiscal year to tackle environmental issues and meet the requirements of higher-grade vehicles in Pakistan. Read more.
🥊 Fake news rebuttal: The Ministry of Climate Change has issued a strong rebuttal to a story by The News that claimed locust attacks were being used to hide the poor performance of the Ten Billion Tree Tsunami Project in Punjab. Read more.
🚌 Daewoo discounts: Daewoo is offering discounts of up to Rs. 450 on certain routes a week after restarting its bus services across Pakistan. Read more.
📺 Cable is back: Cable operators have agreed not to suspend internet and TV transmissions following resolution of their dispute with K-Electric. Read more.
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