9+ hour, 57+ min ago   (973+ words) Pakistan faces a widening trade deficit due to declining exports and surging imports. Structural reforms in tariff policy and energy costs, inspired by Cambodia's success, are crucial to boost competitiveness and avoid further crises. Pakistan’s external trade is flashing another…...

8+ hour, 31+ min ago   (249+ words) DOONBEG: US President Donald Trump reiterated on Sunday that he expected the Iran war to end this year, possibly just after midterm elections due in the United States in November, resulting in a drop in oil prices. “Iran will end…...

10+ hour, 50+ min ago   (949+ words) Business Recorder - Low taxation, inadequate investment, weak exports, poor education contributed to Pakistan's failure to transform Pakistan's economic stagnation, compared to peers like South Korea, stems from a "Prisoner's Dilemma" where rational individual choices create collective economic failure due to…...

9+ hour, 51+ min ago   (527+ words) Drone attacks on Saudi Arabia's key east-west oil pipeline threaten to halt exports within days, potentially cutting global supply by 4% and worsening the existing fuel crisis. LONDON: Saudi Arabia will run out of oil stocks for exports if it doesn’t…...

10+ hour, 50+ min ago   (949+ words) Pakistan’s economic prisoner’s dilemma: Why rational choices keep producing irrational economy Business Recorder - Low taxation, inadequate investment, weak exports, poor education contributed to Pakistan's failure to transform Pakistan's economic stagnation, compared to peers like South Korea, stems from a "Prisoner's…...

10+ hour, 42+ min ago   (660+ words) Despite the UAE's announced trade suspension with Iran, informal trade and financial ties persist in Dubai, sustained by a large Iranian community and historical economic interdependence. DUBAI: In the markets of old Dubai, saffron, cumin, pistachios and almonds from Iran…...

11+ hour, 29+ min ago   (603+ words) Pakistan's PM announced a fuel relief scheme offering Rs100/litre subsidy for motorcycles, rickshaws, and small cars to mitigate rising petrol costs. Prime Minister Shehbaz Sharif on Sunday announced a special fuel relief scheme to cushion the impact of rising petrol…...

1+ day, 1+ hour ago   (253+ words) PARIS: A cash-strapped customer split an entrecôte steak with a companion the other day at David Zenouda’s Paris restaurant while others increasingly share starters, skip wine at lunch or opt only for a main course. It’s a sign of the…...

1+ day, 1+ hour ago   (478+ words) KARACHI: The Sindh government has pledged its fullest support for equipping Pakistan’s emerging technology talent with the latest skills and creating an enabling environment for entrepreneurs and startups in the information technology sector, with the objective of helping the country…...

1+ day, 1+ hour ago   (415+ words) LAHORE: Federal Minister for IT and Telecommunication Shaza Fatima Khawaja announced on Saturday that the government is finalizing a plan to guarantee uninterrupted internet access for Pakistan’s IT sector, as part of a broader push to hit the country’s fifteen-billion-dollar…...