economic growth

News Desk LAHORE: The Punjab government has announced the establishment of the first Modern Woodworking Center of Excellence, aimed at enhancing skill development and craftsmanship in the region. This initiative is part of a broader…

News Desk KARACHI: The Pakistan Stock Exchange (PSX) experienced a significant upswing on Wednesday, with the 100 Index soaring by 1,428 points, marking a robust trading day for investors. This surge reflects a growing confidence in the…

News Desk ISLAMABAD: The State Bank of Pakistan (SBP) has announced a significant increase in the benchmark interest rate, raising it by 100 basis points to 15% in response to soaring inflation and economic pressures. This decision, made…

News Desk DHAKA: Bangladesh is projected to surpass India in per capita GDP for the first time this year, marking a significant milestone in the region's economic landscape. This shift is expected to occur amid ongoing economic challenges…

News Desk DHAKA: Bangladesh is projected to surpass India in per capita GDP for the first time this year, marking a significant milestone in the region's economic landscape. This shift is expected to occur amid ongoing economic challenges…

News Desk KARACHI: Nearly 100 days into the current fiscal year (FY27), the private sector in Pakistan continues to repay bank debt rather than seeking new loans, highlighting a concerning trend of weak investment activity that threatens…

News Desk ISLAMABAD: Pakistan's recent implementation of the National Tariff Policy 2025-30 has raised alarms within the manufacturing sector, which is now facing significant challenges as the government seeks to reshape the economy. This…

News Desk SINGAPORE: Singapore's economy has shown robust growth, expanding by 5.4% in the July-September quarter, according to advance government estimates released on Thursday. This growth is largely attributed to the rapid advancements…

News Desk ISLAMABAD: The World Bank projects Pakistan's economic growth at 3.8% and a fiscal deficit of 3.5% for the current fiscal year, revealing that the country is home to nearly half of the extremely poor population in the Middle East,…

ISLAMABAD: In a remarkable village in Pakistan, rickshaw drivers are not just earning a living; they are becoming millionaires, with every household resembling a palace and luxury cars parked at every door. This extraordinary phenomenon…