Category: bussines

KARACHI: As the final weeks of 2025 draw to a close, activity at the departure lounges of Pakistan’s international airports has become a visible marker of a deeper national shift. In a year shaped by fiscal tightening and digital friction, the country has solidified its position as one of the world’s most aggressive exporters of human talent. This is no longer limited to labourers seeking wages in the Gulf. It increasingly reflects a sustained outflow of high-value professionals, particularly digital workers, whose departure is systematically hollowing out the nation’s intellectual…

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BEIJING: China and Pakistan have signed a package of cooperation documents and launched joint programmes to advance vocational education, with a focus on integrating industry needs with skills training. The agreements were announced at the “Seminar on International Cooperation and Exchange: Integration of Industry and Education in Vocational Education between China and Pakistan” held in Beijing. At the ceremony, 21 documents were signed and five cooperation platforms were unveiled, covering professional standards, shared teaching resources, faculty and curriculum development, and enterprise-linked training bases. Under the Professional Standards and International Teaching…

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KARACHI: Even a week after the end of the goods transporters’ 10-day strike, the movement of import and export containers from various container terminals at Karachi Port has not returned to normal. According to Sheikh Waqas Anjum, General Secretary of the Karachi Customs Agents Association, the arrival of thousands of consignments that remained stuck at the port during the strike onto city roads has exposed serious weaknesses in the traffic management system. With the influx of cargo trucks, traffic pressure has increased not only on the roads surrounding the port,…

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ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has reminded telecom consumers that all SIMs must be registered in the user’s own name. The use of SIMs registered in another individual’s name is considered a violation of applicable regulations, and any misuse of a SIM shall be the sole responsibility of the registered user. In a press statement released on Thursday, the telecom-industry regulator further emphasised that consumers must ensure responsible use of their SIMs and telecommunication connections. “Users shall be individually accountable for all calls, messages, and data usage made through…

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NEW YORK: The S&P 500 and the Dow Jones Industrial Average ended at record closing highs on Wednesday, while gold held just below the $4,500 mark by the conclusion of a light-volume, truncated Christmas Eve session. All three major US stock indexes ended the session in positive territory, with the benchmark S&P 500 set to notch a gain of nearly 18% for the year. US Treasury yields eased, while gold and silver edged back from record levels. For the year, the metals are on course to notch gains of 70%…

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KARACHI: Gold prices in Pakistan surged on Tuesday, tracking strength in the international bullion market, where silver extended its record rally to breach the key $70 per ounce level, while gold pared some gains after touching an all-time high amid stronger-than-expected US economic data. In the local market, the price of gold per tola rose by Rs8,500 to Rs470,862, according to rates issued by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). Similarly, the price of 10 grams of gold increased by Rs7,288 to Rs403,688. On Monday, gold had already…

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KARACHI: Gold prices in Pakistan climbed further on Wednesday, extending their strong upward momentum in line with record gains in the international bullion market, as investors continued to flock to precious metals amid currency weakness, expectations of easier global monetary policy, and heightened geopolitical uncertainty. In the domestic market, the price of gold per tola rose by Rs2,000 to reach a fresh all-time high of Rs472,862, according to rates released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). This marked another sharp increase following Tuesday’s surge, when gold per…

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BEIJING: Pakistan’s Ambassador to China Khalil Hashmi on Monday held individual meetings with Pakistan’s honorary investment counsellors in China to strengthen coordination and set priorities for the year ahead. The meeting was attended by Ma Xiaoli, representing Yuan Jianming, Zhang Baozhong, Wang Zihai and Jian Peng. Besides individual meetings, the ambassador also held a collective working luncheon with the investment counsellors. Hashmi appreciated the counsellors’ sustained efforts across a wide geographic spread covering Hong Kong-Macao-Greater Bay Area, a region known for innovation in science and technology, Xinjiang, a gateway to…

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ISLAMABAD: Federal Minister for National Food Security and Research Rana Tanveer Hussain held a high-level meeting with Brazil’s Ambassador to Pakistan, Olyntho Vieira, to explore bilateral cooperation in livestock, dairy, meat processing and agri-food sectors. According to an official statement issued on Tuesday, Special Assistant to the Prime Minister (SAPM) Tariq Fatimi was also present. The meeting reflected the prime minister’s interest in the livestock sector and his direction to draw lessons from Brazil’s experience. The minister said Brazil is internationally recognised as a global leader in livestock production, meat…

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