KARACHI: Foreign direct investment in Pakistan surged 90.6 percent in 11 months of the current fiscal year from a year earlier, central bank data showed, aided by large inflows in the power and the communications sectors. Pakistan drew $2.401 billion in FDI in July to May FY2020, compared with $1.259… Continue reading
KARACHI: Akhtar Mengal, chief of Balochistan National Party (BNP-Awami) announcement on the floor of National Assembly that his party is quitting the ruling coalition sounded alarm bells for PTI led government. We have waited for two years that promises made with us are honored and people of Balochistan and others… Continue reading
Emirates Post has announced the resumption of all mail, packets and parcel services to Pakistan, providing the UAE’s Pakistani community as well as businesses a cost-effective channel to the high-volume market. Pakistan is one of Emirates Post’s key markets in South Asia, accounting for nearly 80 tons of postal material… Continue reading
Karachi: “Today, as more and more people across the globe, including Pakistan are required to stay home due to government lockdown interventions, we are seeing a massive shift towards remote learning. This has meant the growth in the usage of collaborative tools such as Microsoft’s Teams to create virtual classrooms… Continue reading
ISLAMABAD: With the contraction of Pakistan’s GDP growth rate that falls into zero range at negative -0.38 percent for the outgoing fiscal year, the total size of the country’s economy and per capita income are expected to shrink significantly in terms of dollar in post Covid-19 pandemic. The total size… Continue reading
Islamabad: Infinix, with its latest and high-quality premium products, is one of the leading smartphone brands in Pakistan. It has continued growing stronger, and one of the primary reasons is the company’s continuous investment and contribution to the economic and labor empowerment in the country. Now very proudly Infinix becomes the… Continue reading
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan welcomed United States and United Kingdom’s decision to ease their travel advisory for Pakistan. “Karachi Chamber has been widely demanding relaxation in travel advisory and it was really heartening to see that the travel advisories have finally… Continue reading
ISLAMABAD: Pakistan and Iran have expressed readiness to resume ferry service between the two countries while establishing shipping service is also under consideration. An Iranian delegation headed by Reza Rahmani, Minister for Industry, Mines and trade called on Federal Minister for Maritime Affairs, Ali Zaidi on Thursday, Press Information Department… Continue reading
ISLAMABAD: Simon Penney underlined the importance of post-Brexit bilateral trade between Pakistan and UK, and resolved to maintain the same market access to Pakistan as it enjoys with EU countries since the grant of GSP Plus status in 2014. [the_ad id=”31605″]In this regard, he added that UK companies are very… Continue reading
KARACHI: Federal Minister for Planning, Development & Reform Makhdum Khusro Bakhtyar has underlined that greater connectivity can stimulate regional economic cooperation. He stated that CASA-1000 will help Pakistan meet its energy needs adding that Pakistan attaches great priority to timely completion of the project, Press Information Department PID reported. [the_ad… Continue reading
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