ogood2054

Converting goodwill into growth

KARACHI: The global recognition of Pakistan’s recent geopolitical goodwill has undoubtedly elevated the country’s international standing under the current civil-military partnership. However, policymakers must now urgently accelerate efforts to convert these diplomatic triumphs into sustainable economic growth. While analysts are already crunching the numbers on the immediate advantages – such as increased trade with Iran,…

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Dua Lipa launches library featuring 100 banned, censored books

Manifesto Library at Porto’s historic Livraria Lello is first physical expression of singer’s Service95 Book Club British singer Dua Lipa unveiled the Manifesto Library at Portugal’s historic Livraria Lello in Porto this weekend, featuring 100 banned and censored books. The inauguration marked the first physical expression of Dua’s Service95 Book Club, which launched in 2022. The…

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Pakistan strikes Jamaat-ul-Ahrar, Fitna al-Khawarij camps in Afghanistan under Operation Ghazab Lil Haq

Tarar says strikes on Paktia, Paktika and Kunar follow recent terrorist attacks in K-P, Balochistan, Sindh Security forces carry out precision strikes on terrorist camps and safe havens belonging to Jamaat-ul-Ahrar and Fitna al-Khawarij in Afghanistan’s Paktia, Paktika and Kunar provinces under Operation Ghazb Lil Haq on the night of June 28-29. SCREENGRAB Security forces…

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PSX sheds over 300 points in midday trade

KARACHI: The Pakistan Stock Exchange (PSX) traded in a volatile range on Monday, with the benchmark KSE-100 Index surrendering early gains as investor sentiment remained cautious amid uncertainty surrounding the fragile United States-Iran ceasefire and rising global oil prices. As of midday, the index stood at 179,257.01, down 314.25 points or 0.19%. The market opened…

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Channel taken off air

. KARACHI: The media regulator has suspended Geo News’ broadcast licence for 15 days over content aired during a programme marking Muharram, saying that “religious visualisations” broadcast on June 26 could offend religious sentiments, undermine religious harmony and disturb public order. Geo News has apologised and issued a statement on Sunday saying the material had…

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Cybercrime wave exposes online security gaps

Rising online fraud and account hacking fuel calls for tougher enforcement, greater public awareness and stronger cybe LAHORE: As Pakistan’s digital economy, online banking, and social media usage continue to expand, cybercrime has emerged as a major national challenge. In the first five months of this year, more than 77,000 cybercrime complaints were received by…

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GDP a misleading measure of progress

KARACHI: For the past few years, we have been celebrating this so-called period of “stabilisation”, characterised by the temporary compression of current account deficits, primary fiscal surpluses and corrections of inflationary pressures under multilateral adjustment programmes. This stabilisation, which remains highly vulnerable to geopolitical shocks, global commodity spikes and climate catastrophes, has been achieved after…

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High reliance on remittances

KARACHI: Pakistan’s economic debate is often dominated by familiar indicators: inflation, foreign exchange reserves, fiscal deficits and IMF programmes. While these metrics are important, they reveal little about the country’s long-term development trajectory. A more fundamental question is whether Pakistan is unconsciously transitioning towards a remittance-dependent economic model. The evidence increasingly suggests that it is….

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