Category: Business

World Bank Reaffirms Support for Pakistan’s 10Year Growth Plan

ISLAMABAD: World Bank Managing Director Anna Bjerde has reaffirmed the institution’s strong support for Pakistan’s $20 billion development program aimed at maximising long term economic and social impact. The reaffirmation came during a meeting between Finance Minister Muhammad Aurangzeb and the World Bank managing director on the sidelines of the Annual AlUla Conference for Emerging […]

Trump Declares Inflation Win Voters Skeptical

U.S. President Donald Trump has repeatedly declared victory over inflation in recent speeches, even as many Americans report rising living costs. A review of five economic addresses since December shows Trump claimed nearly 20 times that inflation had been defeated and referenced falling prices almost 30 times assertions analysts and voters say conflict with grocery […]

Pakistan Canada Seek Deeper Trade and Investment Ties in Islamabad Talks

ISLAMABAD Pakistan and Canada have reiterated their commitment to deepening bilateral economic cooperation and unlocking new areas of collaboration during the sixth round of Bilateral Political Consultations held in Islamabad on Saturday February 7. The Pakistani delegation was led by Ambassador Nabeel Munir United Nations Special Secretary along with the Director General for the Americas. […]

Singapore Fines 71 Year Old Woman for Repeatedly Feeding Pigeons

SINGAPORE A 71 year old Singaporean woman has been fined S$3,200 for repeatedly violating the country’s Wildlife Act underscoring Singapore’s strict enforcement of laws aimed at protecting urban wildlife and maintaining public hygiene. The woman pleaded guilty to four charges related to feeding pigeons, while the court also considered five additional incidents as part of […]

PSX Plunges Over 3,700 Points Amid Security Concerns

Karachi: The Pakistan Stock Exchange (PSX) witnessed its sharpest single day decline in weeks on Friday as heavy selling pressure pushed the benchmark KSE 100 Index down by more than 3,700 points amid rising security concerns. The KSE 100 Index dropped 3,703 points or 1.97 percent, to close at 184,130. Market sentiment weakened primarily due […]

India and US Set to Sign Major Trade Agreement in March

India and the United States are expected to sign a long awaited formal trade agreement in March a development that could significantly reshape economic relations between the two countries Trade Minister Piyush Goyal said on Thursday. Under the agreement New Delhi will reduce tariffs on American goods while Washington will cut duties on Indian exports […]

Pakistan’s Habib Rafiq Engineering Signs Strategic Partnership With Uzbekistan

Pakistan’s leading conglomerate Habib Rafiq Engineering (Pvt.) Ltd has signed a Strategic Partnership Agreement with the Ministry of Investment Industry and Trade of the Republic of Uzbekistan marking a significant step toward strengthening bilateral economic cooperation between the two countries. The agreement was signed on the sidelines of the Pakistan Uzbekistan B2B Forum which began […]

PIA Joins Hands with Air France KLM to Expand Global Cargo Network

Islamabad: Pakistan International Airlines (PIA) has signed a strategic cargo partnership with Air France KLM significantly expanding its global freight network as the national carrier undergoes major institutional reforms. The agreement effective January 15 allows PIA Cargo to access the Air France KLM worldwide network enabling exporters to ship consignments across Europe and the United […]
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