Pakistan needs to harness renewable energy for a sustainable future
KARACHI: Climate change is reshaping the globe and transforming how we envision the future. The Global South is experiencing more…
SEZs to offer incentives for Chinese investment
BEIJING: Planning Minister Ahsan Iqbal has said that Special Economic Zones (SEZs) will provide an opportunity for Chinese investments to…
SIFC formation: unlocking FDI for tech sector
KARACHI: Pakistan has recently seen a welcome development vis-a-vis rapidly attracting, materialising and retaining foreign direct investment (FDI) through the…
China’s world banks are geopolitical victims
MUMBAI: China’s “World Bank” tried in vain to carefully thread the geopolitical needle. Canada, one of its members, is freezing…
Cotton market in crisis as intl prices drop
KARACHI: The cotton market in Pakistan is currently facing a major disruption caused by the declining international price of cotton…
Positive momentum continues at PSX
KARACHI: The Pakistan Stock Exchange (PSX) maintained its positive momentum in the outgoing week as the KSE-100 index surged over…
Bonds’ surge belies reform hurdles
LONDON: Investors have piled back into bonds in Pakistan and Argentina following cash infusions and optimism over multilateral support, but…
Power tariff hiked on IMF demand: Shehbaz
LAHORE: Prime Minister Shehbaz Sharif said on Saturday electricity tariff hike was a condition of the International Monetary Fund (IMF),…
Credit Suisse inquiry to keep files secret
ZURICH: A parliamentary investigation into the collapse of Credit Suisse will keep its files closed for 50 years, according to…
Toshiba, GE to build Japan’s wind power chain
TOKYO: Japan’s Toshiba plans to establish a domestic supply chain for offshore wind power equipment together with US manufacturer General…