Diamond Paints Honored at Corporate Philanthropy Awards 2024 on November 21, 2024Islamabad, November 19, 2024 – Diamond Paints, Pakistan’s No.1 paint brand, proudly received two prestigious accolades at the Corporate Philanthropy Awards 2024, held at Serena Hotel, Islamabad. The company was recognized for its exceptional contributions to philanthropy and social development, including the award for an outstanding Volume of Donations, reaffirming its unwavering commitment to uplifting […]
Battles and Bottlenecks By: Daily Times on November 21, 2024On Tuesday, in a high-level huddle, the government announced a comprehensive and result-oriented military operation against militants (or call them terrorists, Khawarij or …) in Balochistan, particularly the Balochistan Liberation Army (BLA). The announcement of the operation was a matter of time as there had been an alarming rise in deadly attacks. While the decision […]
Economy and Equity By: Daily Times on November 21, 2024The economy is showing signs of improvement due to government initiatives and measures taken to meet conditions set by the International Monetary Fund (IMF) and other lenders. While progress is visible, economic stability is still a long way off. Foreign exchange reserves have increased, remittances are rising, and exports have grown. The trade deficit has […]
Pakistan Climate Change and COP29 By: Muhammad Zahid Rifat on November 21, 2024Climate change is one of the most significant environmental challenges facing the world. Greenhouse gas (GHG) emissions resulting from human activities, particularly fossil fuel consumption and deforestation, have increased the concentration of these gases in the atmosphere, leading to irreversible damage to natural resources and ecosystems. Climate change is expected to devastate the world’s poor, […]
Global Interest Rates Lowering; Why? By: Juan Abbas on November 21, 2024The Global Economy has seen much turbulence in the past 4 years. Irrational decisions made in 2020, made it difficult for a speedy recovery, for economies around the world, especially the underlying strength in emerging economies before the Pandemic. The Federal Reserve, as well as the European Central Bank, set the precedent early on for […]
Karachi-Chittagong ports connectivity By: Ibrahim Khalil Ahasan on November 21, 2024On November 11, a direct cargo ship from Karachi, Pakistan, arrived in the port of Chittagong, Bangladesh, establishing the first-ever direct maritime connection between the two nations. This was a huge step to strengthen the connections. The Bay of Bengal, the Indian Ocean, and the Arabian Sea bind Bangladesh and Pakistan, who are close neighbors. […]
Role of TVET in Pakistan’s Economic Growth By: Zamur Hafeez on November 21, 2024The youth of a nation plays a crucial role in its progress. According to the UNDP Human Development Report (NIHDR) 2018, increasing the earning capacity of youth through proper education and training can significantly reduce unemployment and poverty. Technical and Vocational Education and Training (TVET) institutions, of which Pakistan has around 2,173, serve as the […]
PSX snaps winning streak as index loses 310 points By: APP on November 21, 2024The 100-Index of the Pakistan Stock Exchange (PSX) turned around to bearish trend on Wednesday, losing 310.21 points, a negative change of 0.32 percent, closing at 95,546.46 points as compared to 95,856.67 points on the last trading day. A total of 1,138,411,946 shares were traded during the day as compared to 830,931,008 shares the previous […]
Ahsan proposes GSP-Plus, 5Es framework alignment for economic growth By: APP on November 21, 2024Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal on Wednesday proposed a multi-pronged strategy, aligning the GSP-Plus programme with the 5Es framework to get export-led economic growth secure a prosperous future for Pakistan. “The GSP-plus programme represents more than just trade preferences. It is a roadmap for sustainable development and good governance. By […]