Government to focus on Central Asia, other markets for exports on July 30, 2021The government has planned to focus on many new markets including Central Asian States, Afghanistan, Malaysia, etc, for promoting Pakistan’s exports. Shehzad Ahmed Khan, Director General, Trade Development Authority of Pakistan, expressed these views during his visit to the Islamabad Chamber of Commerce and Industry along with Muhammad Ishaq Shinwari, Director TDAP Islamabad. He also […]
Pakistan achieves another milestone by exceeding $2b IT export target on July 28, 2021Pakistan has achieved another milestone by exceeding the target of $2 billion IT sector exports as of June 30, 2021. “The ICT export remittances, including telecommunication, computer and information services have surged to $2.123 billion (largest exporter in services sector and highest net exporter with $1.573 billion in net exports) at a growth rate of […]
S.Korea’s GDP grows 0.7pc in Q2 on July 28, 2021South Korea’s real gross domestic product (GDP), adjusted for inflation, grew 0.7 percent in the second quarter from the previous quarter, central bank data showed on Tuesday. It was down from an increase of 1.7 percent in the first quarter, but the real GDP kept rising for the fourth straight quarter, according to the Bank […]
Most Asian markets fall on July 27, 2021Markets in Asia mostly fell Monday morning, led by Hong Kong after Beijing at the weekend further cracked down on China’s tech firms, while education firms were hammered as the government unveiled sweeping reforms of the sector. Broad losses across the region came as traders continued to fret over the fast spread of the Delta […]
RCCI plans Jul31-Aug2 exhibition to promote construction sector, related industries on July 26, 2021The Rawalpindi Chamber of Commerce and Industry (RCCI) will organise a three-day Exhibition on Interior, Construction, Electrical and Electronics (ICEE) 2021 from July 31. Giving the details, Rawalpindi Chamber President Mohammad Nasir Mirza said that the purpose of the exhibition was to promote the industries related to the construction sector and to highlight the challenges […]
China greenlights two sci-tech innovation IPOs on July 26, 2021China’s securities regulator has approved the initial public offerings (IPOs) of two companies on the science and technology innovation board. Kunshan GuoLi Electronic Technology Co, Ltd and Wayz Intelligent Manufacturing Technology Co, Ltd will be listed on the Shanghai Stock Exchange’s sci-tech innovation board, commonly known as the STAR market, according to the China Securities […]
Fewer women than men to regain jobs during Covid recovery: ILO on July 25, 2021Fewer women will regain jobs lost to the Covid-19 pandemic during the recovery period than men, according to a new study released by the UN’s International LabourOrganisation (ILO). ‘In Building Forward Fairer: Women’s rights to work and at work at the core of the Covid-19 Recovery,’ the ILO highlights that between 2019 and 2020, women’s […]
Malaysia’s inflation rises 3.4pc in June on July 24, 2021Malaysia’s inflation, as measured by consumer price index (CPI), rose 3.4 percent year on year in June, official data showed Friday. The country’s CPI remained positive for the fifth consecutive month since February due to the lower base effect last year as a result of the decline in fuel prices for private vehicles, said the […]
Moody’s sounds alarm on Sri Lankan debt on July 21, 2021International ratings agency Moody’s placed cash-strapped Sri Lanka under watch for a downgrade Tuesday on rising fears that the island could default on its foreign debt. Foreign reserves of $3.6 billion at the end of June was insufficient to cover Sri Lanka’s annual foreign debt servicing — of $4 billion to $5 billion — over […]