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Bridging The Gap
Pakistan needs to make CPEC an engine of innovation Pakistan needs to make CPEC an engine of innovation
A recent research carried out by a team of economists at the Harvard Business School has summarised the future trajectory of innovation and business productivity for US firms. According to the arguments, businesses unite and evolve within geographical clusters and these businesses are both inter-industry and intra-industry in nature. These geographical clusters can be local, regional, nation...
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PM seeks performance report from ministers PM seeks performance report from ministers
Prime Minister Imran Khan on Friday sought a report on the performance of his federal ministries during the first 100 days of the Pakistan Tehreek-e-Insaf (PTI) government. He also sought a report on austerity measures. During a party meeting, the PM inquired about progress on the various plans featuring his government’s 100-day plan and directed his ministers to submit an evaluation report. He...
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Pakistan secures $1b duty-free access into China Pakistan secures $1b duty-free access into China
Pakistan has managed to secure $1 billion worth of duty-free market access into China “which will double the country’s exports within one year”, says Advisor to Prime Minister on Commerce Abdul Razak Dawood. “Beijing has offered this facility in response to Pakistan’s request for duty-free status that the Association of Southeast Asian Nations as well as Bangladesh are entitled to,” said Dawood...
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Washington promises to review Dr Aafia Siddiqui's imprisonment Washington promises to review Dr Aafia Siddiqui's imprisonment
Washington has promised to look into a request made by Islamabad to review Dr Aafia Siddiqui’s detention in view of respecting her human and legal rights. Pakistan has been raising the issue with the United States on a regular basis, the Foreign Office said on Wednesday. Siddiqui has been behind bars since 2010 on charges of attempted murder and mounting an assault on US military personnel a...
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Pakistan to begin talks with IMF over yet another bailout Pakistan to begin talks with IMF over yet another bailout
Pakistan is set to begin nearly two weeks of talks with the International Monetary Fund (IMF) on Wednesday over what would be the country’s 13th IMF bailout since the 1980s to help it end a spiralling current account crisis. Finance Minister Asad Umar says $12 billion is required immediately, a large chunk of which is expected to be drawn from the IMF. “The initial three to four days (of the...
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Top US diplomat to visit Islamabad tomorrow to bolster bilateral ties Top US diplomat to visit Islamabad tomorrow to bolster bilateral ties
The US Principal Deputy Assistant Secretary of State for South and Central Asia, Ambassador Alice Wells, will visit Pakistan on Tuesday (tomorrow), the Foreign Office said on Monday. “The ambassador will hold meeting with senior officials at the Ministry of Foreign Affairs,” FO spokesperson Dr Mohammad Faisal said in a Twitter post. “The aim would be to follow up on discussions between Forei...
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China says more talks needed on economic aid for Pakistan China says more talks needed on economic aid for Pakistan
China will provide Pakistan with economic aid but more talks will take place to fix the details, a senior Chinese diplomat said, after Pakistani Prime Minister Imran Khan met Chinese Premier Li Keqiang on Saturday. Pakistan’s foreign reserves have plunged 42 per cent since the start of the year and now stand at about $8 billion, or less than two months of import cover. Last month, the countr...
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Maulana Samiul Haq assassinated in Rawalpindi Maulana Samiul Haq assassinated in Rawalpindi
ISLAMABAD/RAWALPINDI: Chief of his eponymous faction of Jamiat Ulema-e-Islam (JUI-S) and prominent religious scholar Maulana Samiul Haq was assassinated in a knife attack at his residence in Rawalpindi on Friday evening. He was 80. His son Maulana Hamidul Haq told the media that his father was resting at his residence while his driver, who was also his security guard, was not present when the...
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Judges who issued Aasia verdict are as devoted to Holy Prophet (PBUH) as any Muslim: CJP Judges who issued Aasia verdict are as devoted to Holy Prophet (PBUH) as any Muslim: CJP
The judges who issued the verdict in the Aasia Bibi cases have their love for Prophet (PBUH) like any other devotee, the top judge said on Thursday. The Supreme Court on Wednesday acquitted Aasia Bibi – a Christian woman accused of blasphemy in 2010 and sentenced to death – and set aside an earlier judgment passed by a lower court. “Many judges recite durood-e-shareef as they sit in their ch...
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‘Aasia Bibi verdict as per Constitution’, says PM as he warns those creating chaos ‘Aasia Bibi verdict as per Constitution’, says PM as he warns those creating chaos
Hours after the top court’s verdict in Aasia Bibi case and protests in parts of the country, Prime Minister Imran Khan has said that Pakistan stands on the basis of faith in the Prophet (PBUH) but whoever is found involved in instigating chaos in the name of Islam will be dealt with under the law of the land. “Today, the Supreme Court of Pakistan issued a verdict,” PM Imran said during his addr...
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