zeeshanThe coronavirus has wreaked havoc all over the world and is causing large-scale loss of life and economic mayhem. The economic impact could be even worse than that of the Great Depression. The IMF expects the global GDP to fall by 3% in 2020. The WTO has warned that the volume of trade could shrink…
Read MorezeeshanPakistan’s information technology sector received $35.1 million Foreign Direct Investment (FDI) in July-April 2020 compared to $22.9 million in the corresponding period of last fiscal year, registering an increase of around $12.2 million. According to the State Bank of Pakistan (SBP), $35.1 million inflows and $2.5 million outflows were registered in the information technology sector…
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businessobserverPresident Dr. Arif Alvi has asked Ministry of Information Technology and Telecommunication to improve accessibility of internet facility in the rural areas as well as build innovative IT-based solutions and skills to meet the economic and technological challenges. Chairing the second meeting of the Committee on Emerging Technologies, in Islamabad on Monday, he said that…
Read MorebusinessobserverMinister for Federal Education and Professional Training Mr. Shafqat Mahmood represented Pakistan in the opening session of Paris Peace Forum inaugurated by the French President Emmanuel Macron in Paris.The Ambassador of Pakistan to France Moin ul Haqu…
Read MorebusinessobserverExport of food commodities from the country during first quarter of current financial year increased by 13.98 percent.According to data released by Pakistan Bureau of Statistics, different food commodities worth 984.757 million dollars were exported du…
Read MorebusinessobserverKhyber Pakhtunkhwa government has allocated thirty-six billion rupees on promotion of education in tribal districts during current financial year.A spokesman of provincial government told our Peshawar correspondent that more than seven-hundred thousand…
Read MorebusinessobserverThe government has officially released its Economic Survey of Pakistan report for 2018-2019. The report gives an overview of the national economy and how various sectors including agriculture, finance, services, etc performed during this time period an…
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