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Youth loan rejections under scrutiny

[ SMEDA, PMYP to identify why applications fail, expand financial literacy and target underserved regions LAHORE: For a young Pakistani entrepreneur, getting a business idea off the ground can prove easier than convincing a bank to finance it. Lack of financial records, collateral, proper documentation and a viable business plan often stand between an aspiring … Read more

Any Houthi gains temporary, will not become ‘geographic reality’: Yemen’s National Defence Council

Attempts to ‘turn temporary field gain into permanent political, geographic reality’ are ‘an illusion,’ says council Houthi attempts ‘to turn a temporary field gain into a permanent political or geographic reality’ are ‘merely an illusion,’ says council. PHOTO: ANADOLU AGENCY Yemen’s National Defence Council said Thursday that any gains by the Houthis are temporary and … Read more

Stocks dumped as PSX dives over 3,000 points

[ KARACHI: The benchmark KSE-100 index tumbled over 3,000 points at the Pakistan Stock Exchange (PSX) on Thursday, slipping below the psychologically important 170,000 level and matching July lows as investors dumped stocks following the surge in global oil prices and renewed US-Iran attacks. Market breadth was extremely weak, with 406 stocks declining against only … Read more

LHC suspends PMDC directives ordering Afghan medical students to return home

Court orders students be allowed to continue their studies, sit their examinations, return to their hostels Lahore High Court building. FILE: PHOTO LAHORE: The Lahore High Court (LHC) on Friday suspended the Pakistan Medical and Dental Council’s (PMDC) directives ordering Afghan medical students to return to Afghanistan. The PMDC reiterated the directive in a letter … Read more

Turkiye denounces soda ash dumping duties

[ ISLAMABAD: Turkiye Ministry of Trade has expressed its regrets over the initiation of anti-dumping investigation and “unexpected” imposition of provisional measures on the import of soda ash, which will impede the operation of market forces in a competitive environment. The government of Turkiye has conveyed its official reservations about the preliminary determination and imposition … Read more

UK fund eyes expansion of investment footprint

[ BII expresses interest in climate finance, renewable energy and power transmission ISLAMABAD: British International Investment (BII) plans to invest at least $2 billion across Asia and Africa under its 2026-31 strategy, with a significant focus on South Asia, and has identified Pakistan as an important investment destination. BII Managing Director and Head of Asia … Read more