US Charge D'Affaires Natalie Baker has said that the economic relationship with Pakistan is important for the United States, which has continued to invest in the South Asian nation. "We recognise Pakistan's enormous potential. It is one of the world's most populous countries, with a growing and dynamic young population," she remarked while speaking at the Fifth Pakistan-America Business Forum,
Pakistan recorded a significant inflow of workers' remittances amounting to $2.9 billion in November 2024. This represents a remarkable year-on-year (YoY) growth of 29.1% compared to November 2023, highlighting a robust increase in the contributions of overseas Pakistani workers. According to the State Bank of Pakistan (SBP), cumulatively, workers' remittances for the first five months of the f
The government has decided to sell a business unit of Pakistan International Airlines (PIA) to the Pakistan Air Force for Rs2.5 billion in cash, which is equal to one-fourth of the price that a sole bidder offered for acquiring 60% shares in the national flag carrier. The total sales value of Precession Engineering Complex (PEC) is Rs6.5 billion, including Rs4 billion in pensions-related liabil
The Pakistan Stock Exchange (PSX) maintained a bullish momentum for a ninth consecutive session on Monday as shares gained 916.43 points to make the market near 110,000. The benchmark KSE-100 index closed at 916.43 points up, or 0.84 per cent, to stand at 109,970.38 points from the previous close of 109,053.95. In the past two weeks, the PSX has witnessed as many record single-day gains. Ext
Better internet access has opened doors to new possibilities for Pakistan’s youth. Young freelancers use these opportunities to earn a livelihood for their families. From technology companies in major cities to remote workers using their 4G internet in villages, Pakistanis are excelling and competing with global talent. As of 2024, our freelancers rank 4th globally with over 400 million annual