Pakistan: The impact of Buna-Raast connectivity
Pakistan stands as the sixth-largest recipient of global remittances, with a remittances-to-GDP ratio of over 7 percent. This translates to approximately $30.3 billion, making remittances the country’s second-largest source of…
Italian adventurer retraces Marco Polo’s journey, witnessing Silk Road’s transformation
Throughout her trip, Cammarota said she witnessed the transformation of the ancient trade route into a corridor of economic and cultural exchange. Inspired by Marco Polo, who traveled to China…
Pakistan: PD working on the Reko Diq project transaction
The Petroleum Division is reportedly in the process of initiating a summary for approval of the Reko Diq Project transaction under the Inter-Governmental Commercial Transaction Act (IGCTA) 2002, in coordination…
EU risks backfire with proposed tariffs on Chinese EVs
The US and EU have imposed irrational tariffs on Chinese electric vehicles (EVs), which are unlikely to significantly impact China, given its extensive global trade network. However, if China decides…
Pakistan’s largest IPP HUBCO posts profit of Rs75.3bn in FY24
Electricity Production is a good business in Pakistan, all power producers have earned handsome profits. Hub Power Company Limited (HUBCO), Pakistan’s largest Independent Power Producer (IPP), saw its profit increase…
U.S. protectionist measures trigger global worries about trade war: Chinese spokesperson
U.S. discriminatory subsidies, continuous obstruction of the selection of judges for the Appellate Body of the World Trade Organization (WTO), and the imposition of high tariffs on imported products have…