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Articles for tag: business, direct, Displacement, Energy, Foreign, Investment, Latest, trap, urged

September 26, 2025

News Desk

The displacement of direct foreign investment beyond the energy trap urged

Lahore: Pakistan, Industrial and Union Front Traders (PIAF) warned that Pakistan excessive dependence on foreign -focused foreign investment prevents broader economic growth, calling on policy -makers to extend investment opportunities and investment opportunities. Piaf chief Mian Sohail Nisar said the heavy concentration of foreign capital in a single sector is concerned. “Foreign investors continue to channel funds mainly into energy, but Pakistan has much greater potential in mining, information technology and value added production,” he said. In the last 10 years, the FDIs in Pakistan ranged from $ 2 billion to $ 3 billion a year, with about 35% heading

January 13, 2025

News Desk

Can South Asia escape the poverty trap through regional trade?

Listen to the article LONDON: After Donald Trump’s victory in the US election, many scholars believe that the world has entered a new era of global economic and political order, as other Western countries experience a similar wave of populism. This article discusses that in the context of global populism, regional trade could be a more effective substitute for achieving comparative advantages in international trade and enhancing prosperity. Trump and other populist leaders in the West share a common goal: industrial policy (IP). IPs are state-led government programs – such as trade protection, subsidies, tax incentives and R&D funding –

October 24, 2024

News Desk

Pakistan in control as spinners trap England on day one

Pakistan’s Sajid Khan celebrates after taking the wicket of England’s Harry Brook during the toss for the third Test against Pakistan at the Rawalpindi Cricket Stadium on October 24, 2024. — Reuters RAWALPINDI: Pakistan’s spin trap led by Sajid Khan and Noman Ali on Thursday wreaked havoc on England to dismiss the top half of their batting line-up in one session, reducing the tourists to 110-5 on the opening day of the decider third Test at Rawalpindi Cricket Stadium. Ben Duckett (52) got England off to a decent start but captain Ben Stokes, hitting on six, was left to rue

October 18, 2024

News Desk

England fall into spin trap as Pakistan level Test series

The Pakistan team celebrates during the fourth day of the second Test in Multan on October 18, 2024. — PCB Pakistan demolished England on Friday as their spinners dismantled the visitors’ line-up, securing a commanding victory at the Multan Cricket Stadium and leveling the series at 1-1. The Green Shirts beat the visitors by 152 runs in the second Test at Multan. Chasing 297 for victory, England were all out for 144 in the morning session on day four. Skipper Ben Stokes top-scored for England with 37, while Noman Ali was the pick of the Pakistani bowlers, taking 8-46. The

August 16, 2024

News Desk

Actress Zhalay Sarhadi questions Khalil-ur-Rehman Qamar’s allegations in honey trap scandal

Listen to the article Pakistani actress Zhalay Sarhadi has disputed the recent claims of playwright Khalil-ur-Rehman Qamar, who claimed to be the victim of a honey trap scheme. During a recent podcast appearance, Sarhadi discussed the leaked videos with Qamar, where she questioned the circumstances under which the videos were made. He pointed out that both Qamar and the accused, Aamna Arooj, claimed that the videos were made under duress with guns pointed at them, but no such evidence of violence was visible in the footage. Sarhadi further questioned why, if Qamar was under threat, the videos were not clear

March 24, 2024

News Desk

Bigger IMF program could lead to debt trap

KARACHI: NUST Institute of Policy Studies (NIPS), Director General, Dr Ashfaque Hasan Khan, said that Pakistan should seek the new International Monetary Fund (IMF) loan package of $3-4 billion for a maximum period of three years, as more and a larger program would be an economic disaster, potentially making Pakistan another Argentina stuck in a debt trap. In a series of recommendations on “Pakistan’s Economic Crisis: Challenges and the Way Forward”, Khan noted that the development suggests that Pakistan is preparing to seek an $8 billion loan for a five-year program. “This will be a disaster for Pakistan,” he said.

March 18, 2024

News Desk

Escape the low level balance trap

KARACHI: Economic conditions, as depicted by various statistics, have started to improve as certainty in the political environment has improved in recent months, leading up to the general election in February 2024. Recent export figures, released by the Pakistan Bureau of Statistics (PBS), show an upward trend. Exports since October 2023 have crossed the $2.5 billion mark every month. That’s significant given that they’ve been hovering below that mark for several months, especially after touching nearly $3 billion in early 2022. Pakistan’s economy has faced significant challenges as its growth, imports as well as industrial production slowed down in 2022

January 19, 2024

News Desk

Joe Biden Kills $5 Billion in Student Loans, Gets 74,000 Out of Debt Trap

US student loan relief is tailored for long-term borrowers enrolled in income-driven repayment plans U.S. President Joe Biden delivers remarks about the student loan forgiveness program from an auditorium on the White House campus in Washington, U.S., October 17, 2022. —Reuters President Joe Biden ignited an additional wave of student loan relief, forgiving $4.9 billion in debt for about 74,000 borrowers. USA Today mentionted. This relief is specifically tailored for long-term borrowers enrolled in income-based repayment plans and the Public Service Loan Forgiveness (PSLF) scheme. Education Department adjustments to these programs, prompted in part by a nonpartisan oversight report, have

January 5, 2024

News Desk

Masood’s cunning trap catches Smith, Saim Ayub bowls another one

Pakistan grabbed the prized wickets of Steve Smith and Marnus Labuschagne in quick succession before lunch. Smith and Labuschagne, who both average over 70 in Tests at the Sydney Cricket Ground, looked ready in the extended morning session before a stunning double-track breakthrough. Smith fell into a carefully laid trap as Pakistan piled a trio of hosts around short extra cover off the bowling of medium pacer Mir Hamza. Smith duly walked to the wicket the next ball to play an aerial drive, only to be caught over his head by Babar Azam. Australia’s leading batsman made 38 off 86

November 28, 2023

News Desk

Pakistan’s economy stuck in ‘low growth trap’: WB

Islamabad: Martin Reiser, the World Bank’s regional vice president for South Asia, warned that Pakistan’s economy is stuck in a “low growth trap” with poor human development outcomes and rising poverty. Raiser reaffirmed the bank’s commitment to support the people of Pakistan in his speech during a ceremony in Islamabad. In his speech, Raiser presented a stark assessment of the country’s economic landscape. “Pakistan’s economy is stuck in a low-growth trap with poor human development outcomes and rising poverty. Economic conditions leave Pakistan highly vulnerable to climate shocks, with insufficient public resources to finance development and climate adaptation,” warned Raiser.

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