News

Pakistan's Borrowing Drops 27% in First Seven Months of FY25

Pakistan's Borrowing Drops 27% in First Seven M...

Pakistan borrowed $4.585 billion from various financing sources during the first seven months (July-January) of the current fiscal year 2024-25, a 27 percent decrease compared to the $6.31 billion borrowed...

Pakistan's Borrowing Drops 27% in First Seven M...

Pakistan borrowed $4.585 billion from various financing sources during the first seven months (July-January) of the current fiscal year 2024-25, a 27 percent decrease compared to the $6.31 billion borrowed...

Silkbank Shareholders Greenlight Merger with United Bank Limited

Silkbank Shareholders Greenlight Merger with Un...

Shareholders of Silkbank Limited have given the go-ahead for the bank's merger with United Bank Limited (UBL), pending regulatory approvals. The merger will proceed under Section 48 of the Banking...

Silkbank Shareholders Greenlight Merger with Un...

Shareholders of Silkbank Limited have given the go-ahead for the bank's merger with United Bank Limited (UBL), pending regulatory approvals. The merger will proceed under Section 48 of the Banking...

Pakistani Pine Nuts Exports to China Skyrocket by 128% in 2024

Pakistani Pine Nuts Exports to China Skyrocket ...

In an impressive leap, Pakistani pine nut exports to China surged by 128% in 2024, reaching $18.78 million, up from $8.22 million in 2023. According to data from China’s General...

Pakistani Pine Nuts Exports to China Skyrocket ...

In an impressive leap, Pakistani pine nut exports to China surged by 128% in 2024, reaching $18.78 million, up from $8.22 million in 2023. According to data from China’s General...

South Korea Bans DeepSeek AI Chatbot Over Privacy Concerns

South Korea Bans DeepSeek AI Chatbot Over Priva...

South Korea has halted new downloads of China's DeepSeek AI chatbot due to privacy concerns, as announced by the country's data protection watchdog. The ban will remain until "improvements and...

South Korea Bans DeepSeek AI Chatbot Over Priva...

South Korea has halted new downloads of China's DeepSeek AI chatbot due to privacy concerns, as announced by the country's data protection watchdog. The ban will remain until "improvements and...

Meta Launches Ambitious Globe-Spanning Sub-Sea Cable Project

Meta Launches Ambitious Globe-Spanning Sub-Sea ...

Meta has unveiled its plans for Project Waterworth, a groundbreaking initiative to construct a 50,000km (31,000 miles) subsea cable. When completed, it will become the world's longest underwater cable project....

Meta Launches Ambitious Globe-Spanning Sub-Sea ...

Meta has unveiled its plans for Project Waterworth, a groundbreaking initiative to construct a 50,000km (31,000 miles) subsea cable. When completed, it will become the world's longest underwater cable project....

Pakistan's Textile Export Boom: A 10.6% Surge in 7 Months

Pakistan's Textile Export Boom: A 10.6% Surge i...

Pakistan’s textile exports experienced a significant boost, surging by 15.85 percent year-over-year in January 2025 to $1.686 billion, according to the latest data. In the first seven months of FY2024-25,...

Pakistan's Textile Export Boom: A 10.6% Surge i...

Pakistan’s textile exports experienced a significant boost, surging by 15.85 percent year-over-year in January 2025 to $1.686 billion, according to the latest data. In the first seven months of FY2024-25,...