By Moaaz Manzoor ISLAMABAD– The Pakistan Stock Exchange continues its record-breaking rally amid investor optimism fuelled by IMF-backed stability, but experts cautioned that sustainable economic growth depends on structural reforms. PSX Rally Sustains Momentum The PSX sustained its record-breaking rally as investors continued to factor in the impact of IMF clarity and anticipated economic improvements. ...
By Moaaz Manzoor ISLAMABAD– The Pakistan Stock Exchange continues its record-breaking rally amid investor optimism fueled by IMF-backed stability, but experts cautioned that sustainable economic growth depends on structural reforms. KSE-100 Index Crosses 118,000 Mark The PSX sustained its record-breaking rally as investors continued to factor in the impact of IMF clarity and anticipated economic improvements. ...
By Amir Saeed ISLAMABAD — Pakistan’s digital divide significantly hinders financial inclusion, impacting economic growth and social equity, while also limiting access to essential services across the country. Talking to this reporter, Ahad Nazir, Associate Research Fellow at the Sustainable Development Policy Institute (SDPI), said the digital divide posed significant challenges for financial inclusion, undermining ...
By Faiza Tehseen ISLAMABAD — Indigenous electric steel production can help Pakistan save precious foreign exchange and cut production and import costs. It will not only feed the local industry, but excessive material can also be exported to earn profits, metallurgist and mechanical engineer Faizan ul Haq Mirza told this reporter. “Electric steel is used ...
By Amir Saeed ISLAMABAD– As Pakistan’s cash-based economy hinders growth and complicates tax collection, digital transformation offers solutions by enhancing financial inclusion. Talking to this reporter, Aatizaz Hussain, former manager of Financial Literacy Programme at the National Institute of Banking and Finance, highlighted that Pakistan’s economy faces significant challenges due to its reliance on cash ...
By Ahmed Khan Malik KARACHI– The Karachi industry has expressed strong support for the recent trade agreements between Pakistan and Azerbaijan, anticipating significant economic benefits and enhanced bilateral cooperation. Pakistan and Azerbaijan have agreed to boost bilateral investments up to $2 billion, focusing on sectors such as energy, trade, connectivity, defence, and cultural exchanges. This ...
By Muhammad Saleem FAISALABAD: Local economies can grow by hosting cultural events and literary festivals. Nadeem Ahmed, a cloth trader, talking to Grand Lines News said that whenever a cultural event was organized in Faisalabad, sales of cloth surged. He said that Faisalabad is known as the textile capital of Pakistan, and people who visit ...
