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  • Covid-19 is a global problem, requires global solution, reiterates PM Imran

    Prime Minister Imran Khan on Thursday reiterated that Covid-19 pandemic is a global problem that requires a global solution, urging the developed world to "put their minds together"...

    Addressing the event via video link, Imran said that when Pakistan imposed lockdown measures to curb the spread of the virus, everything came to standstill, as it did in most economies of the world...

  • Pakistan in global trade

    THE latest forecasts for global trade issued by the World Trade Organisation (WTO) show a situation which might be described as bland — the sluggish growth in the volume of world trade registered over the past two years is likely to continue through 2016...

    The figures may not be very exciting, but they do show developments in international trade which are worth highlighting, including for Pakistan...

  • Pakistan, India expanding nuclear arsenals as global stockpiles decrease: report

    Although global nuclear stockpiles witnessed a drop in 2017 compared to last year, Pakistan and India continue to expand its military fissile material production capabilities on a scale that may enable a significant increase in weapons inventories over the next 10 years, the Stockholm International Peace Research Institute (Sipri) said in a publication titled "Trends in world nuclear forces, 2017"...

    The global nuclear stockpile has...

  • Global fight to eradicate polio turns to Pakistan and Afghanistan: WHO

    The global fight to eradicate polio has set its sights on Afghanistan and Pakistan, the World Health Organisation (WHO) said on Tuesday as Africa marked a year without any new cases of the crippling disease for the first time...

    Nigeria is set to be removed from the list of polio-endemic countries, leaving only Afghanistan and Pakistan, and raising hopes that it will soon become the second human infectious disease after smallpox to be...

  • Global fund managers eyeing Pakistan

    KARACHI: Global fund managers are giving a hard look at the Pakistan Stock Exchange (PSX) as it prepares to be upgraded to MSCI Emerging Markets (EM)...

    Credit Suisse, one of the world’s three top global investors, a while ago espoused sum of $250m to $300m entering the Pakistan market, while Egyptian Financial Group (EFG) Hermes estimated inflow of $475m to $500m following PSX reclassification to MSCI EM...

  • Pakistan's bogus bomb-detectors in business despite global scandal

    ISLAMABAD: With radio-like antennae meant to swivel and point at vehicles carrying bombs, "magic wand" explosive detectors proliferated throughout conflict zones in the 2000s until they were exposed as a global scam...

    But in an astonishing security threat, more than 15,000 of a new variant of the handheld device have been made in Pakistan to guard high-value facilities such as airports and government installations, despite officials...

  • Global auto players show interest in Pakistan

    ISLAMABAD: The new auto policy has piqued the interest of global car manufacturing companies and negotiations are underway for setting up plants in Pakistan, Board of Investment (BoI) Chairman Dr Miftah Ismail said on Thursday...

    In response to a question relating to foreign direct investment (FDI), he said the inflow of FDI into Pakistan during July-March period of current fiscal year was $957 million as compared to $658m during the...

  • Pakistan ranks third on global executions list with 324 hangings in 2015

    ISLAMABAD: Pakistan hanged 324 people last year to rank third worldwide in terms of executions, but the vast majority of those put to death had no links to militant groups or attacks, rights groups said in a report seen by Reuters...

    Pakistan lifted a moratorium on executions in late 2014 as a measure to deter militancy, after a Taliban gunmen attacked a school and killed 134 students and 19 adults...

  • ‘CPEC will make Pakistan part of global mainstream’

    RAWALPINDI: The China-Pakistan Economic Corridor (CPEC) will bring Pakistan into the global economic mainstream, said Pakistan Institute of Development Economics (PIDE) joint director Dr Safdar A...

    He compared the foreign direct investment (FDI) inflows of Pakistan with the inflows of different neighbouring countries and shared the volume and cost of different projects under CPEC...

  • Global survey paints gloomy picture of Pakistan economy

    LAHORE: Economic conditions remain uncertain in Pakistan despite businesses benefiting from a series of aggressive rate cuts since the late 2014, says the latest Global Economic Conditions Survey (GECS) 2016...

    “In Pakistan, economic sentiment is being hurt by ongoing security problems, with business confidence in Q1 remaining low compared with most of last year and compared with its sub-continent neighbours,” says the GECS from the...

  • Pakistan rises to 122nd in global competitiveness ranking

    ISLAMABAD: Pakistan’s competitiveness has risen by four places to 122nd according to the latest Global Competitiveness Report (2016-17) of the World Economic Forum (WEF)...

    The report, an annual assessment of the factors driving productivity and prosperity in 138 countries, identifies corruption as the most problematic factor for doing business in Pakistan, followed by crime and theft, tax rates, access to finance, government...

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