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    Business & Economics

    Business & Economics

    ADB to spend $300m in Afghanistan this year

    KABUL (PAN): The Asian Development Bank (ADB) on Thursday announced it would spend $300 million on the development of Afghanistan's energy and transport sectors this year as part of the international community's aid pledges at Tokyo conference last year.



    Business & Economics

    Flour, gas, ghee prices down in Kabul

    KABUL (PAN): Prices of flour, ghee and liquefied gas went down during the outgoing week in Kabul, where rates of other essential daily-use commodities stayed stable, retailers said on Thursday.



    Business & Economics

    Kandahar customs revenue sharply declines

    KANDAHAR CITY (PAN): A senior customs official in southern Kandahar province on Monday said his department had recorded the lowest revenue collection this year, as traders were increasingly boycotting Pakistan’s Karachi seaport.



    Business & Economics

    Iran to increase power exports to Herat, Nimroz

    KABUL (PAN): Afghanistan and Iran on Monday signed an agreement on increased power supply to two western provinces from the neighbouring country. Iran exports 90 megawatts of electricity to Herat per hour and 10 megawatts to Nimroz.



    Business & Economics

    Liquefied gas rate fixed at 50afs per kg

    KABUL (PAN): The Ministry of Commerce and Industries on Monday fixed the rate of liquefied gas at 50 afghanis per kilogram in capital Kabul, where the current price ranges between 55 and 70 afs.



    Business & Economics,Reconstruction

    Japan grants MRRD $20m in assistance

    KABUL (PAN): Japan agreed on Sunday to grant the Ministry of Rural Rehabilitation and Development (MRRD) $20 million (more than 1 billion afghanis) for development projects in Afghanistan.



    Business & Economics

    Tehran wants water treaty with Kabul enforced

    KABUL (PAN): Water and Energy Minister Ismail Khan and his visiting Iranian counterpart Majid Namjoo on Sunday inaugurated in Kabul the installation of two power generators, each  consuming 18,000 litres of fuel per hour.



    Business & Economics

    Kandahar residents complain of power outages

     KANDAHAR CITY (PAN): Residents on Saturday complained of unscheduled power loadshedding in southern Kandahar province, with officials claiming a revenue increase.



    Business & Economics

    Kandahar residents complain of power outages

     KANDAHAR CITY (PAN): Residents on Saturday complained of unscheduled power loadshedding in southern Kandahar province, with officials claiming a revenue increase.



    Business & Economics

    Kam Air spurns drug smuggling charges as plot

     KABUL (PAN): Aviation officials and Kam Air representatives on Saturday angrily rejected as baseless a media report that the airline smuggled big quantities of opium to Tajikistan’s capital, Dushanbe, on passenger flights.