A Chinese employee inspects a circuit board on a console production line at a factory in Wuhan, Hubei Province, China on August 16, 2021. — Reuters CCCPK develops a “Business Climate Index for Chinese Enterprises”. The security issue has been identified as the main barrier to corporate growth. The survey reveals a spirit of resilience … Read more
A participant stands near the World Bank logo at the 2018 World Bank IMF Annual Meeting in Nusa Dua, Bali, Indonesia, October 12, 2018. — Reuters The World Bank adjusts India’s economic growth rate to 7% on an annual basis “It has recovered from the crises in Sri Lanka and Pakistan.” Bangladesh’s growth forecast was … Read more
In this undated photo, vendors engage with customers at an Al Baik Food Systems outlet. – Albaik website/file Al Baik Food Systems – a popular Saudi food chain – is expected to make its debut in Pakistan as a memorandum of understanding has been signed between the company and the Pakistan Gas and Oil Company … Read more
A representative photo of a girl balancing herself while walking on an abandoned railway track in a slum area of Karachi, Pakistan, July 10, 2023. — Reuters Pakistan’s peers have achieved more than double the average GDP per capita. The global lender is assessing Pakistan’s performance over the past 10 years. The Fund recommends strengthening … Read more
Girls attend a class at a school in Mingora, Swat. – Agence France-Presse/File As the world marks International Day of the Girl Child 2024 today, underscoring the urgent need to ensure girls’ empowerment and rights, new figures reveal a sharp rise in sexual violence against girls, particularly in countries like Pakistan where their struggle to … Read more
Islamabad: Oil prices in Pakistan have fallen by Rs47.54 per liter since May, Petroleum Minister Musaddiq Masood Malik informed the National Assembly on Thursday. Responding to various questions, the minister explained that “Pakistan buys fuel at global market prices, but we get some discounts on the insurance premium.” He explained: “Under the agreement, we buy … Read more
Petroleum Minister Musaddiq Malik receives a Saudi delegation upon its arrival in Islamabad on October 9, 2024. – Screengrab via Geo News A Saudi minister delivers a speech before the Business Forum during the visit Agreements and memorandums of understanding to be signed in various fields. Companies from various sectors are part of the delegation. … Read more
Islamabad: Diplomatic sources revealed on Thursday that Malaysian Prime Minister Anwar Ibrahim is expected to visit Pakistan in the first week of October, in his first official visit to the country. Anwar Ibrahim will be accompanied during the visit by a high-level delegation. This will be the first visit of a Malaysian Prime Minister to … Read more
A foreign exchange trader counts US dollars at a store in Karachi, Pakistan, May 19, 2022. – AFP/File Saudi Arabia promises $1.2 oil facility to Islamabad. Dubai Islamic Bank commits to providing $1 billion. The Islamic Development Bank and the Asian Development Bank pledged $600 million and $430 million, respectively. ISLAMABAD: Amid efforts by the … Read more
The unofficial and preliminary results of the by-election in National Assembly constituency NA-171 Rahim Yar Khan have been announced, with the PPP candidate winning. According to media reports, Makhdoom Tahir Rashiduddin of the Pakistan Peoples Party received 116,429 votes. In contrast, the Pakistan Tehreek-e-Insaf candidate, Hisan Mustafa, received 58,251 votes. The election was expected to … Read more