Does Pak-China economic ties need to be refined?

[ ISLAMABAD: The Pakistan-China relationship is unique and multidimensional. It covers almost all areas, but security, defence, diplomatic, and economic aspects dominate the rest. History shows the relationship has performed exceptionally well in defence and diplomacy. A closer look reveals that success in these fields depends on three key elements or rationales. The security, diplomatic, … Read more

Free trade and domestic policy

[ ISLAMABAD: It’s a war of narratives and ideas. In its critique of the new National Tariff Policy (2025-30), the Policy Research & Advisory Council (PRAC), which was established by the business community and the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has expressed concern that the new tariff policy could destabilise the … Read more

Remittance subsidies: time to prioritise exports

[ KARACHI: Last fiscal year, the government allocated nearly Rs200 billion (around $700 million) as a subsidy to banks for attracting remittances through formal channels and curbing illegal Hawala and Hundi networks. The policy delivered immediate results as remittances surged 27% year-on-year to $38 billion. However, much of this increase reflected a natural rebound. As … Read more

Soviet-era stage revived to rival Eurovision

duc phuc who represents vietnam holds the trophy after winning the intervision international music contest 2025 in moscow photo reuters

MOSCOW: Russia has resurrected a Cold War-era cultural weapon, the Intervision Song Contest, billing it as a family-friendly rival to Eurovision while seeking to expand its influence through music. With artists from more than 20 countries and ambitions to reach more than a billion viewers, the four-hour spectacle concluded in Moscow with Vietnam crowned the … Read more

Revenue failure not an NFC problem

ISLAMABAD: The National Finance Commission (NFC) award, which provides the constitutional framework for allocating the federal government’s tax revenue to the provinces for managing their annual expenses, is in the news nowadays. The allocations are made from a predefined divisible pool of taxes and duties levied and collected by the federal government. In this regard, … Read more

Major US allies break ranks on Palestine

LONDON/NEW YORK: In a moment described by Palestinian leaders as a “watershed”, Britain, Canada, Australia and Portugal on Sunday recognised the Palestinian state, breaking with decades of Western policy and sparking fury in Israel, which vowed to resist any such outcome. France and other nations are expected to make similar declarations as the UN General … Read more

Trump to lead tributes at memorial for conservative leader Kirk

GLENDALE, USA: US President Donald Trump will lead tributes to Charlie Kirk on Sunday at a huge stadium gathering to honor the young right-wing influencer slain in the country’s latest spasm of political violence. The service has drawn an extraordinary level of attention and security, with some US media likening it to a state funeral. … Read more

Expressway delays draw minister’s ire

ISLAMABAD: Minister for Communications Aleem Khan on Sunday expressed dissatisfaction over the delays in the beautification and upgradation works on the Islamabad-Murree Expressway. He directed the officials of National Highway Authority (NHA) to expedite the completion of the ongoing development works, emphasizing that green belts should be fully developed, more trees be planted, and aesthetically … Read more

Guardiola suffered over defensive plan as Arsenal hold Man City

LONDON: Pep Guardiola said he did not enjoy asking Manchester City to use the defensive tactics that backfired as Gabriel Martinelli’s stoppage-time equaliser salvaged a 1-1 draw for Arsenal on Sunday. Guardiola opted for an unusually cautious game-plan in the second half at the Emirates Stadium in a bid to cling on after Erling Haaland’s … Read more