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Tuesday, September 12th, 2023

 

Revival and Sustainability: Transforming Pakistan’s Economy through Advanced Technologies

Revival and Sustainability: Transforming Pakistan's Economy through Advanced Technologies

Prof. Dr. Muhammad Suleman Tahir Pakistan’s economy, like many others worldwide, faced severe challenges and disruptions in recent years. The COVID-19 pandemic, inflation, energy crises, and fiscal deficits have all contributed to economic instability. To ensure a resilient and sustainable future, Pakistan must embrace innovative approaches in key sectors such as sustainable manufacturing, modern agriculture, the chemical industry, energy storage and handling, and bio refineries. Currently, Pakistani economy is facing variety of challenges. Majority of economic indicators are declining. Pakistan experienced a sharp decline in GDP growth, exacerbated by theRead More


China mobilizing Central Asia’s support on Taiwan issue

Uzbekistan

Tashkent: Uzbekistan is supporting China’s vision for Taiwan’s future. The government news outlet on September 4 published a brief Uzbek Foreign Ministry statement that endorses Beijing’s “One China” policy and expresses “hope for a speedy reduction of tension.” China was Uzbekistan’s top foreign investor during the first half of 2023 in terms of the volume of foreign investment and loans disbursed, according to the Uzbek State Agency for Statistics. China’s share of foreign investment stood at 20.5 percent of the overall total of $4.9 billion-worth of foreign investment that flowedRead More


Nawaz to return to Pakistan on October 21: Shehbaz

Nawaz

LONDON: After a four-year exile, former prime minister and Pakistan Muslim League-Nawaz (PML-N) supreme leader Nawaz Sharif is set to return to Pakistan on October 21. The eagerly anticipated announcement of the former premier’s return was made by his brother and PML-N president Shehbaz Sharif on Tuesday in London. Party’s Central Information Secretary and former information minister Marriyum Aurangzeb, taking to microblogging site X, said that Nawaz will be accorded a grand welcome once he arrives in Pakistan. Shehbaz, earlier this month, had already clarified that his elder brother wouldRead More


SC upholds convictions of two ex-army officers

Court Reporter Islamabad: The Supreme Court (SC) ruled on Tuesday that pleas filed by two former army officers against their convictions for plotting to overthrow the government of late prime minister Benazir Bhutto in 1995 were “without merit” and hence, stood dismissed. The two ex-army officers, Col Mohammad Azad Minhas and Col Inayat Ullah Khan, were arrested on Sept 26, 1995, along with now deceased Maj Gen Zaheerul Islam Abbasi, Brig Mustansir Billa and 38 other military officers on the charge of plotting to storm a corps commanders meeting scheduledRead More


PTI leadership urges President, SC to hold free, fair on time polls

PTI

DNA ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leadership reiterated its demanded that conducting free, fair and transparent elections within the constitutionally define timeframe of 90 days was the only way forward, hoping that President Dr. Arif Alvi and the apex court would fulfill their constitutional role to ensure establishment of true democracy in the country. In a statement on Tuesday, PTI leadership said that the PTI was the largest and the only national party of the country, which was equally popular in all federating units of Pakistan. It was said that beingRead More


SECP forms Committee with ICAP and PIDE to encourage corporatization

ISLAMABAD, SEP 12 (DNA) — The Securities and Exchange Commission of Pakistan (SECP) has formed a Committee in collaboration with the Institute of Chartered Accountants of Pakistan (ICAP) and the Pakistan Institute of Development Economics (PIDE) to promote corporatization. SECP has consistently introduced reforms to facilitate company incorporation through automation and streamlining of processes aimed at reducing the overall time of starting a business in Pakistan. Resultantly, the total number of registered companies has increased to 200,000, with over 99.8% of enterprises registering online and 24% completing registration on theRead More