ISLAMABAD -UNS: The Pakistans’ ministry of finance and a delegation of the International Monetary Fund (IMF) on Thursday kicked off the second and last review of Pakistan’s $3 billion standby arrangement with the body. The ministry had said a day ago the review would be a four-day affair and hoped […]
Business
By Qamar Bashir In one of his recent interviews, Prime Minister Sharif emphasized the necessity of strict fiscal and financial discipline for the country’s future financial layout. He pledged to bring the previously untaxed real estate sector into the tax net. He mentioned his ousting in 2017, implying that his […]
By Qamar Bashir As anticipated, Chinese President Xi Jinping, known for his deep and affectionate sentiments towards Pakistan, was the first head of state to extend congratulations to Mr. Shahbaz Sharif upon assuming the office of Prime Minister. This gesture reflects President Xi's special regard for Pakistan, highlighting his reputation […]
UNS: Moody’s Investors Service on Thursday changed its outlook on Pakistan’s banking sector from “negative” to “stable” citing its solid profitability, stable funding and liquidity, which it said “provide an adequate buffer’ to withstand the country’s macroeconomic challenges and political turmoil. The international rating agency — one of the top […]
By Talha Aftab khan GUJRANWALA : Chairperson ASEAN Committee and Philippine Ambassador Maria Agnes, said that the ASEAN region is an important trade bloc with rapid growth in Asia.Speaking at the two-day ASEAN Business Forum under the auspices of the Gujranwala Business Center, she said that the purpose of this […]
ISLAMABAD -UNS: Famous Pakistani film and television actor, producer Fahad Mustafa along with Hassan Moten (Executive Director Albaraka Group) and Madni Moten (Executive Director Albaraka Group), met with Sardar Yasir Ilyas Khan (CEO The Centaurus, President IDA) and Sardar Dr. Rashid Ilyas Khan (SVP Sardar Group) at The Centaurus on […]
ISLAMABAD -UNS:The Cabinet Committee on Energy (CCoE) on Friday approved work on the 80-kilometer segment of the Iran-Pakistan (IP) gas pipeline project inside Pakistan. The committee recommended, on a summary of the Petroleum Division “to start work on the 80 km segment of the pipeline inside Pakistan i.e. from Pakistan […]
By Qamar Bashir Pakistan, like any nation, faces challenges in balancing the interests of its people, businesses, and the state. Decisions made by authorities, including interim governments, can sometimes prioritize immediate or specific objectives over broader economic and social impacts. The act of slowing down or terminating internet services, including […]
By Iftikhar Mashwani ISLAMABAD:Pakistan’s mineral resources can improve the country’s economy, iron ore and coal reserves in Kalabagh and Chiniot will be enough for 70 years. According to the experts nature has given enough reserves of iron ore and coal in the districts of Kalabagh and Chiniot in Punjab province […]
UNS/Reuters: Fears that ASML’s (ASML.AS) computer chip equipment will be used for Chinese military ends underlie recent decisions to deny the company export licences, the Dutch trade minister said in answers to questions from parliament. Netherlands-based ASML, Europe’s largest tech firm, dominates the world market for lithography systems, needed by […]