In pursuit of capital

LAHORE: Developing economies have to borrow from multilateral institutions, bilateral sources, and foreign commercial banks to bridge their financing gaps. Most of these countries experience balance of payments’ crises and approach the International Monetary Fund (IMF) to meet their foreign exchange commitments. A green light from the IMF opens up external financing options for developing … Read more

Strengthening the bond between Pakistan, China

[ ISLAMABAD: China and Pakistan share a resilient bond, a brotherly bond, and a bond built on trust and common values – an ironclad friendship forged through history and growing stronger with time, President Xi said while meeting PM Shehbaz Sharif. These words are simple but carry a powerful message, encapsulating the entire Pak-China relationship. … Read more

Funding railways, dams from overseas Pakistanis

[ KARACHI: The catastrophic floods in Pakistan have left a trail of devastation across our economy, society, and environment. More than 1,700 lives were lost in 2022, with 33 million citizens affected, 2.1 million displaced, and 10% of the country submerged. Agriculture – the backbone of our exports – was crippled, with farmland, homes, and … Read more

Wirtz stunner helps Germany bounce back against Northern Ireland

GERMANY: A stunning free-kick from Florian Wirtz helped Germany overcome a sluggish performance to beat Northern Ireland 3-1 in World Cup qualifying in Cologne on Sunday. Germany came into the match under pressure after a shock 2-0 loss to Slovakia in their opening qualifier on Thursday, with coach Julian Nagelsmann making five changes to his … Read more

2 decades of surges & stalls

Pakistan’s export story over the past two decades is a roller-coaster ride of promising overtures interrupted by familiar headwinds. The long view shows progress but not yet the durable scale that peer exporters have achieved. At the heart of the narrative is the composition of the export pie. Textiles — led by knitwear, readymade garments, bedlinen, … Read more

belated entry into modern trading

[ ISLAMABAD: When we think of artificial intelligence (AI), our minds often jump to Hollywood blockbusters, imagining futuristic machines from I, Robot or The Terminator. Though the idea of intelligent robots in public assistance roles is still a few years away, AI algorithms already rule the global financial markets as of now. With intelligent algorithms … Read more