The International Monetary Fund’s Executive Board approved a two-year, $9.8 billion credit line for Colombia on Friday, which the South American country can use to help its economy withstand external shocks. “The new arrangement under the Flexible Credit Line will reinforce market confidence and provide added insurance against external risks,” such as high inflation and … Read more
ISLAMABAD: A meeting of the federal cabinet, with a 17-point agenda including the briefing on the Murree tragedy, is being presided over by Prime Minister Imran Khan at the Prime Minister Office in the capital. According to Bol News, the cabinet is also reviewing the political and economic situation in the country. It will also … Read more
LAHORE: Speakers at the launching ceremony of a report have stressed the need for devising short-term and long-term strategies for achieving potential growth of the economy. Speaking at the launching of “The state of the economy: changing world-Pakistan reset” at the Lahore Chamber of Commerce and Industry (LCCI), they highlighted critical challenges that needed to … Read more
BEIJING: A Pakistan-China Economic and Business Forum was organised at the Pakistan Embassy, Beijing to help Chinese potential investment partners to fully understand Pakistan’s industrial investment policies. The forum was jointly organised by the Pakistan Embassy, Beijing, by Beijing Nordic Exhibition Co, Ltd and Shanghai Huiguan Culture Media Co, Ltd. Addressing on the occasion, Pakistan’s … Read more
NEW YORK: The United States is rendering an uncontrolled experiment with every strategy all at once, with Covid-19 policies differing wildly by state, county, university, workplace and school district, The Atlantic has reported. “We’re sleepwalking into policy because we’re not setting goals,” Joseph Allen, a Harvard professor of public health, was quoted as saying. The … Read more
BEIJING: Pakistan has reformed to simplify the process of starting a company and obtaining a construction permit, implementing a series of preferential policies in recent years. These measures improved its ability to attract foreign investment and strengthened the ease of doing business year-by-year, making Pakistan one of the world’s top 10 economies with the most … Read more
A delegation of Facebook’s Asia Pacific headquarters’ visited the office of Director General Federal Investigation Agency (FIA) Wajid Zia to discuss issues of cooperation and data sharing between FIA and Facebook. According to the details, a team headed by Amber Hawkes, Head of Safety Policy and Michael Yoon, Manager Trust and Safety, held a discussion … Read more
The Asia Internet Coalition (AIC) comprising global digital media giants have banded together against the government’s newly-introduced social media rules, threatening to suspend their services if the laws were not changed. According to the details, The letter written to Prime Minister Imran Khan said that the AIC which includes Facebook, Twitter, Google, Apple, Amazon, Airbnb, … Read more
Sindh cabinet on Wednesday approves job quotas for transgender in all government departments. A meeting under the presidency of Chief Minister Sindh Murad Ali Shah was held. Sindh Cabinet approves setting job quota of 0.5% in all government agencies for the transgender community. During the meeting, Murad Ali Shah said that he wants to bring … Read more
