8+ hour, 4+ min ago   (531+ words) KARACHI: Ateeq-ur-Rehman Economic and Financial Analyst has said that Pakistan need intelligent initiatives, plan and targets for revival of our shrinking industries, declining manufacturing and enormously expanding the trade gaps almost with every country in the world, also. The following…...

10+ hour, 49+ min ago   (669+ words) Today, as the current scheme approaches its conclusion, these exports stand at US$6.304 billion—more than 7 percent above the projected level. This export performance has also supported a substantial employment footprint. A 2017 ILO study estimated that approximately 4.2 million workers were…...

10+ hour, 49+ min ago   (837+ words) ISLAMABAD: The Petroleum Division has proposed a Rs75 billion Fuel Relief Scheme for three months to provide targeted relief of Rs100 per litre to around 11.8 million users of two-wheelers, three-wheelers and cars up to 800cc amid a sharp increase in petroleum prices triggered…...

10+ hour, 49+ min ago   (426+ words) BRASILIA: Latin American stocks and currencies fell on Friday amid fresh concerns over Brazil’s presidential election outlook and mounting expectations of a US interest-rate hike after stronger-than-expected inflation data. MSCI’s gauge of Latin American stocks dropped 1 percent and was on…...

21+ hour, 26+ min ago   (973+ words) Pakistan faces a widening trade deficit due to declining exports and surging imports. Structural reforms in tariff policy and energy costs, inspired by Cambodia's success, are crucial to boost competitiveness and avoid further crises. Pakistan’s external trade is flashing another…...

22+ hour, 19+ min ago   (949+ words) Business Recorder - Low taxation, inadequate investment, weak exports, poor education contributed to Pakistan's failure to transform Pakistan's economic stagnation, compared to peers like South Korea, stems from a "Prisoner's Dilemma" where rational individual choices create collective economic failure due to…...

21+ hour, 19+ min ago   (527+ words) Drone attacks on Saudi Arabia's key east-west oil pipeline threaten to halt exports within days, potentially cutting global supply by 4% and worsening the existing fuel crisis. LONDON: Saudi Arabia will run out of oil stocks for exports if it doesn’t…...

22+ hour, 19+ min ago   (949+ words) Pakistan’s economic prisoner’s dilemma: Why rational choices keep producing irrational economy Business Recorder - Low taxation, inadequate investment, weak exports, poor education contributed to Pakistan's failure to transform Pakistan's economic stagnation, compared to peers like South Korea, stems from a "Prisoner's…...

22+ hour, 10+ min ago   (660+ words) Despite the UAE's announced trade suspension with Iran, informal trade and financial ties persist in Dubai, sustained by a large Iranian community and historical economic interdependence. DUBAI: In the markets of old Dubai, saffron, cumin, pistachios and almonds from Iran…...

22+ hour, 57+ min ago   (603+ words) Pakistan's PM announced a fuel relief scheme offering Rs100/litre subsidy for motorcycles, rickshaws, and small cars to mitigate rising petrol costs. Prime Minister Shehbaz Sharif on Sunday announced a special fuel relief scheme to cushion the impact of rising petrol…...