Business leaders demand policy stability away from short-term fixes

[ Say growth limitations will continue if country does not have larger, more competitive export base Import and Export. (File photo) REUTERS LAHORE: Recent improvements in Pakistan’s external finances have prompted a sort of guarded optimism among policymakers, but the business community believes the country still needs deeper structural changes to move towards durable economic … Read more

Miss Universe co-owner faces arrest

anne jakapong jakrajutatip photo file

Anne Jakapong Jakrajutatip. Photo: File BANGKOK: A Thai court has issued an arrest warrant for the media mogul who co-owns the Miss Universe pageant over alleged fraud worth $930,000, a court official told AFP on Wednesday. This year’s Miss Universe contest ended last week after a run of controversies, including a host’s tantrum, accusations of … Read more

Tajikistan slams deadly drone attack from Afghanistan

ISLAMABAD: An armed attack launched from inside Afghanistan killed three Chinese employees working at a project site in Tajikistan’s Khatlon region late on Wednesday night, prompting Dushanbe to issue a sharp condemnation and call on Kabul to curb cross-border militancy. According to Tajikistan’s foreign ministry statement, in Kuwait the assault targeted the camp of LLC … Read more

Europe secures record space budget

. ESA chief Josef Aschbacher (right), with Greek digital governance minister Dimitris Papastergiou and German’s aerospace minister Dorothee Baer meet during the European Space Agency’s ministerial meeting held in the German city of Bremen on Thursday. Photo: AFP BREMEN: The European Space Agency announced Thursday it had secured a record budget of 22.1 billion euros … Read more

FoodAg concludes with deals worth $641m

[ KARACHI: The 3rd International Food and Agriculture Exhibition, FoodAg 2025, concluded on Thursday at the Expo Centre Karachi on a high note as business deals worth $641 million were locked over the first two days. Held from November 25-27 under the theme “Harvesting Innovation, Cultivating Sustainability,” the event has been hailed as a success, … Read more

PSX jumps 1.3% on institutional support

[ Foreign institutional investors were net buyers of Rs37.6 million worth of shares during the trading session. PHOTO: AFP KARACHI: The Pakistan Stock Exchange (PSX) witnessed a strong momentum on Thursday as the benchmark KSE-100 index surged nearly 2,200 points, powered by robust institutional buying and renewed interest in blue-chip shares. The rally, which pushed … Read more

NELK Boy walks out of ‘imPaulsive’ podcast

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YouTuber ‘SteveWillDoIt’ abruptly walked off the set of Logan Paul’s ‘imPaulsive’ podcast, forcing the episode to end less than 40 minutes after it began. The disruption occurred shortly after Steve announced that he had been unbanned from YouTube and would return to the platform in December, a development that had already generated considerable excitement among … Read more

Lawmakers hitback at Rajnath’s Sindh provocation

Assert province inseparable part of Pakistan; Urge all to avoid making destabilising statements ISLAMABAD/KARACHI: The country’s lower house of parliament and the Provincial Assembly of Sindh on Thursday passed unanimous resolutions condemning Indian Defence Minister Rajnath Singh recent statements on Sindh, stating that Sindh is an inseparable part of Pakistan. The National Assembly session, chaired … Read more

Financial adviser selected for DISCOs’ privatisation

[ . The boards of all DISCOs have been reconstituted, except for Sepco and Hesco, where the process is being finalised. The boards are structured to ensure enhanced corporate governance, strategic oversight and operational efficiency. photo: file ISLAMABAD: The Privatisation Commission on Thursday signed a financial advisory services agreement with Raiffeisen Investment for the privatisation … Read more

Reko Diq project set to get $3.5b loan

[ Pakistan has already chalked out a $1.9 billion funding plan to execute the Reko Diq copper and gold mining project. Total project funding has been estimated at $4.297 billion. Photo: File ISLAMABAD: Petroleum Minister Ali Pervaiz Malik said on Thursday that the Reko Diq Mining Company was very near to achieve financial close with … Read more