KARACHI: Like the textile sector, Covid-19 proved to be a blessing in disguise for Pakistan’s technology exports, given that IT exports soared 58% during March 2021 against the corresponding period of last year. Information technology (IT) exports touched $213 million last month, stated a report from Arif Habib Limited. Moreover, technology products worth $1.512 billion […]
LAHORE: The footwear industry of Pakistan is looking for space to strengthen its footprint in global markets to grab a greater share of exports from its competitors. Their demand is increasing, especially after the establishment of the Italy-Pakistan Footwear Technological Centre last year. Greater access to technology, which the industry under the Pakistan Footwear Manufacturers […]
BEIJING: “Pakistan is rich in buffalo breeds, buffalo research, and buffalo milk production. To leverage its advantages and enhance Pakistan-China cooperation in this field, we hope to set up a dairy processing plant in Pakistan,” Chen Yiyi, President of Royal Group, told China-Pakistan Agricultural and Industrial Cooperation Information Platform (CPAIC) after completing a week-long visit […]
Pakistan offered India on Saturday its “relief support” in the fight against the coronavirus, the country’s foreign office (FO) said. “Pakistan has offered to provide relief support to India, including ventilators, Bi PAP, digital X-ray machines, PPEs and related items,” FO said in a statement. The offer, according to the FO spokesperson, made “as a […]
Pakistan is consuming at least 90% of the oxygen it is producing, Prime Minister Imran Khan’s special assistant on national health services said. “We are utilizing 90% of the oxygen,” Dr. Faisal Sultan, PM Khan’s special assistant. “We need to take it very seriously.” 800 metric tonnes of oxygen Dr Sultan said the government had […]
The Edhi Foundation, in a magnanimous gesture offered a fleet of 50 ambulances and its staff to help manage the crisis brought about by the coronavirus pandemic in India. India’s health system is staggering owing to the rising number of coronavirus cases in the country; with several hospitals running out of oxygen to supply coronavirus […]
The government borrowings from the banking sector increased to Rs. 1.821 trillion in over nine months of the current fiscal year, as shown by data released by the State Bank of Pakistan (SBP). This is 1.78 percent higher than the recorded borrowed amount in July to April of FY 2020, Rs. 1.789 trillion, the SBP […]
AS the Pakistan Bureau of Statistics (PBS) indicates a rising price; trend of what it calls sensitive vegetables like tomato (15 per cent) and potato (7.42pc) in its weekly Sensitive Price Index (SPI;,stabilising vegetable prices at the retail level has a struggle for administration; in all urban areas of Punjab for the last many months, […]
Prime Minister Imran Khan said he had asked the Pakistan Army to assist the police and law enforcement agencies in enforcing SOPs for curbing the spread of the coronavirus, warning that Pakistan may soon be facing a situation similar to India if the current trend continues. Addressing the nation after a meeting of the National […]
PM Imran Khan calls for reduced taxes and “out-of-the-box” solutions to improve the economy. Tasks Shaukat Tarin with ensuring the smooth functioning of the Economic Advisory Council. Says reforms in the tax system, and making it simple and efficient are among the top priorities of the government. Prime Minister Imran Khan said that instead of […]
