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Pakistan, Malaysia vow to revive partnership deal

[ ISLAMABAD: Pakistan and Malaysia have underscored the need for accelerating the renewal and implementation of the Comprehensive Economic Partnership Agreement. Malaysia’s Deputy Minister for Investment, Trade and Industry Liew Chin Tong met with Pakistan’s Minister for Commerce Jam Kamal Khan on the sidelines of the Business and Investment Conference in Kuala Lumpur. Jam Kamal … Read more

Joe Alwyn and Hunter Schafer spark romance speculation

tribune

Speculation about a potential romance between British actor Joe Alwyn and ‘Euphoria’ star Hunter Schafer has set social media abuzz after a subtle online interaction caught fans’ attention. The chatter began when Alwyn liked one of Schafer’s recent Instagram posts, which showed her dressed in a beige satin corset while preparing for a Met Gala … Read more

Stocks fall as selling pressure persists

[ KARACHI: The Pakistan Stock Exchange (PSX) endured another volatile session on Tuesday, where the benchmark KSE-100 index shed 1,579 points, or 0.94%. After opening on a positive note, the index touched the intra-day high of 168,519, but selling pressure emerged immediately, dragging the market down. The index hit the intra-day low of 165,997 towards … Read more

Govt resists Rs200b circular debt cap

ISLAMABAD: Pakistan has informed the International Monetary Fund (IMF) that the power sector will bleed another Rs535 billion in losses during the current fiscal year – 35% higher than last year – due to inefficiencies and under-recovery of electricity bills, as it continues to resist an ambitious circular debt reduction target. Bringing the flow of … Read more

PMD begins upgrade of weather warning system

ISLAMABAD: The Pakistan Meteorological Department (PMD) has launched an initiative to upgrade the country’s early flood warning and weather forecasting network. The initiative titled “Modernization of Hydromet Services of Pakistan (MHSP)” has been launched under the World Bank-funded Integrated Flood Resilience Adaptation Project (IFRAP), said a press release. The project aims to strengthen climate resilience … Read more