PM Shehbaz praises 10-year high $729m current account surplus
WEB DESK: Prime Minister Shehbaz Sharif expressed his satisfaction on Tuesday as Pakistan recorded a remarkable $729 million current account surplus in November 2024, marking the highest surplus in a decade. This achievement reflects the government’s ongoing efforts to manage the country’s economic challenges and signals a positive shift in
Punjab launches ‘skills development’ initiative to prepare youth for overseas jobs
In its first phase, the programme will equip 10,000 individuals with skills for international markets. Training will focus on industries like healthcare, construction, hospitality, and retail, which are in high demand globally.
KSE-100 index hits record 87,000 as energy stocks surge
The Pakistan Stock Exchange (PSX) continued its bullish trend on Wednesday as the KSE-100 Index surged past the 87,000 level for the first time in history, closing at 87,194.53 points. This represents a significant increase of 727.96 points or 0.84 per cent. The index reached an all-time intra-day high of
Govt intensifies smuggling crackdown to revive economy
The government has intensified its crackdown on smuggling activities across the country. Smuggling poses a significant threat to economic development, prompting the government to take strong measures to safeguard public welfare and stabilise the economy. In October, authorities reported the seizure of over 26,680 cigarette stocks, 138,000 litres of Iranian
Times Higher Education World Rankings 2025: QAU retains top position in Pakistan
Quaid-e-Azam University (QAU) has retained its number one spot in Pakistan as determined by the Times Higher Education World Rankings 2025.
Farmers push dragon fruit cultivation in Pakistan to boost economic growth
WEB DESK: Farmers in Pakistan’s Gadap area are embracing the cultivation of dragon fruit, seeing it as a key opportunity to establish the country as a prominent exporter, driven by its progressive agricultural practices. In addition, they are urging the government to allocate up to one acre of land to
“The constitution cannot be bulldozed at the IMF’s behest”: Barrister Ali Zafar
WEB DESK: PTI Senator Barrister Ali Zafar has firmly stated that the Constitution cannot be bulldozed at the behest of the International Monetary Fund (IMF). During a Senate session on the budget, chaired by Deputy Chairman Sayedal Khan Nasir, Barrister Ali Zafar criticized the proposed budget, calling it a recipe
China calls for stepped-up energy-efficiency plans to meet targets
BEIJING, May 15 (Reuters): China’s state planner has ordered provinces to develop energy-efficiency plans for entities accounting for about 70% of consumption and carbon emissions by 2025-end, according to a notice, to meet targets that have been falling short. The National Development and Reform Commission (NDRC) said on Tuesday the
Alibaba delegates meet commerce minister to boost e-commerce
ISLAMABAD: Alibaba delegates met Federal Minister for Commerce Jam Kamal Khan on Friday, marking a significant step towards enhancing e-commerce in Pakistan. According to sources, Minister Jam assured the delegation of his full support in advancing e-commerce initiatives in the country, emphasising the need to bridge the gap between traditional
Everything you need to know about Pakistan’s first digital city
The diligent efforts of the Special Investment Council (SIC) have paid off as Pakistan’s inaugural digital city is poised to materialize. In a notable development, a finalized agreement between the Special Technology Zones Authority and the KPIT Board signals the commencement of this groundbreaking venture. This agreement, inked by Amir
