Your daily dose of insights
As the govt decides to address infrastructural issues, locals continue to live without electricity and employment KARACHI: When people in an area are deprived of access to basic facilities like electricity and are in dire need of a stable livelihood, the government’s decision to invest in improving the infrastructural landscape appears little more than a … Read more
Pakistan’s fiscal policy is trapped between need to consolidate and political demand to spend ISLAMABAD: After a string of diplomatic successes, there is some good news for Pakistan on the economic front as well. Islamabad and the International Monetary Fund (IMF) have reached a Staff-Level Agreement (SLA) to unlock about $1.2 billion-$1 billion under the … Read more
[A further increase in China’s trade surplus failed to fully offset the effects of a worsening housing market, which has left consumers wary.
Growth projected to cool that reflects impact of higher tariffs, weak labour market KARACHI: The US economy, though still resilient, is showing unmistakable signs of fatigue. After two years of surprisingly strong expansion, growth is now projected to cool to around 1.6-1.8% in 2025, according to the Organisation for Economic Co-operation and Development (OECD) and … Read more
As fuelwood demand drives deforestation, expanding biogas systems in rural areas is only effective solution ISLAMABAD: Studies and observations show that rural households continue to rely on fuelwood and animal dung as their main sources of domestic energy. It is estimated that per capita fuelwood use is 0.52 m3 in the warm plains and 0.72 … Read more
The plane, arriving from Dubai, skidded off the runway after landing and fell into the sea, Hong Kong officials said.
Despite preventive measures, low digital literacy and weak enforcement mechanisms continue to fuel scams FAISALABAD: Muhammad Arshad, a cloth merchant from Rail Bazaar, Faisalabad, was at his shop when he received a call from an unknown number. The caller introduced himself as an employee at his children’s school and said that a new WhatsApp group … Read more
KARACHI: As expected, Pakistan has reached a staff-level agreement with the International Monetary Fund (IMF), unlocking $1.2 billion under the Extended Fund Facility (EFF) and Resilience & Sustainability Facility (RSF). This inflow will help strengthen foreign exchange reserves, stabilise the currency, and unlock additional funding from partners such as the ADB, World Bank, IDB, AIIB, … Read more
Wheat prices hit record Rs10,000 per 100kg, flour at Rs130 per kg as govt sits on stocks HYDERABAD: Wheat prices in Hyderabad’s open market have surged to an unprecedented Rs10,000 per 100kg bag, triggering another round of increases in flour prices that have now reached between Rs125 and Rs130 per kilogram. According to market dealers, … Read more
The feuding reflected rising tensions in Latin America over U.S. attacks in the Caribbean. President Trump’s administration had already slashed aid to Colombia this year.