The Pakistan Stock Exchange (PSX) crossed another milestone of 75,000 as jubilant investors continued value-hunting in the outgoing week amid an improved economic outlook. Arif Habib Ltd (AHL) said the market performed robustly in all five sessions of the week, closing at an all-time high of 75,342 points. The bullish market sentiment was fuelled by optimism surrounding the potential negotiatio
Gender equality is not just a basic human right. It is also a cornerstone of a thriving, contemporary economy that fosters sustainable, inclusive growth. Acknowledging that gender equality is crucial ensures that both men and women can contribute fully to advancing societies and economies. The path forward is challenging. According to a report by the Organisation for Economic Co-operation and D
Pakistan has been grappling with severe and persistent energy challenges for decades. These challenges have been further exacerbated by the country’s severe economic difficulties, creating a pressing need for immediate reforms. Yet, no significant change can be expected if the sector continues to be governed in a similar manner, that is, centralised decision-making at the Power Division. If pro
Pakistan has been grappling with severe and persistent energy challenges for decades. These challenges have been further exacerbated by the country’s severe economic difficulties, creating a pressing need for immediate reforms. Yet, no significant change can be expected if the sector continues to be governed in a similar manner, that is, centralised decision-making at the Power Division. If pro
When the government’s needs are very high along with interest rates, the private sector will always be crowded out, said JS Bank President & CEO Basir Shamsie in an interview. “Even if banks were willing to lend money to the private sector, there is not much demand at the current monetary policy rate.” He elaborated on the dynamics of the credit market, explaining that the risk and reward trade