Govt, Alibaba to boost e-commerce

[ad_1] Listen to article KARACHI: The government is set to partner with Chinese e-commerce giant Alibaba next week in a strategic move to promote the country’s exports worldwide. The collaboration aims to strengthen Pakistan’s digital supply chain ecosystem by leveraging secure and real-time digital payment solutions such as Raast, the country’s instant payment system. Speaking at the … Read more

PM urges swift rollout of digital payments to boost transparency

[ad_1] Listen to article Prime Minister Shehbaz Sharif has called for the rapid implementation of a nationwide digital transaction system and said that it is essential to ensure transparency and modernise Pakistan’s economy. Chairing a weekly meeting on the development of a cashless and digital economy at the Prime Minister’s Office on Thursday, Shehbaz emphasised on the need to facilitate … Read more

PM vows to boost water storage capacity

[ad_1] Listen to article ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday announced plans to boost the country’s water storage capacity, citing India’s attempts to weaponise water. During a visit to the National Emergencies Operations Centre (NEOC), the prime minister said that an international court (Permanent Court of Arbitration) announced a supplemental order, emphasizing that India had no … Read more

Pindi to get Rs150b infrastructure boost

[ad_1] RAWALPINDI: The Punjab government has approved a record-breaking Rs150 billion development package for Rawalpindi under the Annual Development Programme (ADP) 2025-26—the largest investment in the city’s history. Aimed at resolving chronic traffic congestion, 13 major infrastructure projects will be executed by the Highway Division Rawalpindi to transform the city into a signal-free corridor. The … Read more

California approves $750m film tax boost

[ad_1] Hollywood’s home state of California will more than double annual tax incentives for film and television production to $750 million under a measure passed by the Democratic-led legislature on Friday, Reuters reported. The increase from the current $330 million was approved as part of a broader tax bill that is expected to be signed … Read more

Pakistan, WB boost ties with $40b framework

[ad_1] Listen to article WASHINGTON: Federal Minister for Economic Affairs, Ahad Khan Cheema, held high-level meetings with World Bank leadership in Washington, marking a major step in advancing the country’s development partnership with the global financial institution. In meetings with Anna Bjerde, Managing Director for Operations, and Martin Raiser, South Asia Regional Vice President, Cheema praised the … Read more

Punjab allocates Rs4b to boost South Punjab tourism

[ad_1] MULTAN: In a move to boost tourism in South Punjab, the provincial government has announced an investment of up to Rs4 billion under the fiscal year 2025-26 budget. The initiative includes seven new development projects focused on enhancing tourism infrastructure, preserving natural and historical sites, and promoting adventure sports in the region. Additional Chief … Read more

NATO allies agree to boost military budgets after Trump pressure

[ad_1] Listen to article US President Donald Trump took a victory lap at NATO’s Hague summit Wednesday, joining leaders in reaffirming the “ironclad” commitment to protect each other after allies agreed to his demand to ramp up defence spending. The unpredictable US leader appeared keen to take the plaudits as he secured a key foreign policy win … Read more

Pakistan and UAE sign accords to boost investment and digital cooperation

[ad_1] Listen to article Pakistan and the United Arab Emirates signed on Wednesday a Memorandum of Understanding (MoU) on mutual exemption of visa entra requirements among other agreements during the 12th session of the Pakistan-UAE Joint Ministerial Commission held in Abu Dhabi.  The session was co-chaired by Pakistan’s deputy prime minister and minister of foreign affairs, Senator Ishaq … Read more

‘52% duty cut to boost exports’

[ad_1] Listen to article ISLAMABAD: The government on Wednesday claimed a drastic 52% cut in import duties will lead to exports rising faster than imports, while revenues will grow by one-tenth. However, it admitted these projections are based on calculations by the World Bank. Proceedings of the National Assembly Standing Committee on Finance revealed that the government … Read more