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Daily Archives: April 15, 2024

Boosting services exports under works


April 15, 2024

Do you know that Singapore earned $291 billion through services exports in 2022? The United Arab Emirates (UAE) and Turkiye followed with their earnings of $155bn and $90bn, respectively, according to a World Bank report. Pakistan can learn a lot from these three nations and from China and India — the two Asian giants. Combined, the five countries boast an …

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Azhar to join Pakistan camp today


April 15, 2024

ISLAMABAD: Pakistan’s head coach for the side’s upcoming five-match Twenty20 International series against New Zealand Azhar Mahmood will join the team’s camp on Monday. Former Pakistan all-rounder Azhar, who is based out of London, is set to arrive in Rawalpindi just ahead of the national side’s first practice session three days before the first T20 at the Pindi Cricket Stadium, …

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Vinales wins Grand Prix of the Americas sprint


April 15, 2024

AUSTIN: Maverick Vinales leapt away from pole position and cruised to victory in the MotoGP sprint race at the Grand Prix of the Americas in Austin on Saturday. The Spaniard, who smashed the lap record in qualifying, built a lead of more than a second on his Aprilia and rode serenely to the line as behind him three compatriots fought …

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Scheffler takes charge at Masters, Woods struggles


April 15, 2024

AUGUSTA: Scottie Scheffler birdied his final hole to emerge from a packed leaderboard and grab a one-shot lead over Collin Morikawa after the third round of the Masters while Tiger Woods endured his worst major round as a professional on Saturday. Scheffler, who used a back-nine eagle to get his round back on track, carded a one-under-par 71 on a …

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Arsenal, Liverpool rocked as City handed title boost


April 15, 2024

LONDON: Arsenal and Liverpool’s Premier League title hopes suffered a massive blow as both the teams lost their respective matches and surrendered the initiative to Manchester City on Sunday. The Gunners should have been on a high after Liverpool suffered a shock 1-0 defeat against Crystal Palace just half an hour before kick-off in north London but Aston Villa struck …

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Boosting services exports under works


April 15, 2024

Do you know that Singapore earned $291 billion through services exports in 2022? The United Arab Emirates (UAE) and Turkiye followed with their earnings of $155bn and $90bn, respectively, according to a World Bank report. Pakistan can learn a lot from these three nations and from China and India — the two Asian giants. Combined, the five countries boast an …

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Global venture capital heads down a rocky recovery road


April 15, 2024

For the better part of the last 15 years, Pakistan has faced serious economic troubles. Even during the supposedly good times, the alarm bells were quite clear. Lately, we have truly learned the meaning of rock bottom through a series of ‘firsts’. Be it the highest inflation in our history, interest payments exceeding federal revenues or another indicator of your …

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Red-tape stalls Karachi’s K-IV project


April 15, 2024

The Kalri Baghar (KB) Feeder Upper lining project — an important component of the Karachi Greater Bulk Water Supply Scheme (K-IV) project — is yet to start its development after being approved in July 2023 by the Executive Committee of the National Economic Council (Ecnec). The K-IV project itself is facing delays and is now slated for completion in 2025, …

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Finance minister reaches Washington for crucial talks with IMF


April 15, 2024

WASHINGTON: Finance Minister Muh­ammad Auran­gzeb arrived in Washington on Sunday with his team to participate in the IMF and World Bank’s spring meetings and initiate talks on a new financial package ranging from $6 billion to $8 billion. The IMF ministerial meetings and events are scheduled for April 17-19, with additional activities planned from April 15-20. Mr Aurangzeb and his team have …

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