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New Gwadar International Airport to launch international flights from January 10

The New Gwadar International Airport (NGIA), a flagship project under the China-Pakistan Economic Corridor (CPEC), is set to commence international operations with flights to Muscat starting January 10, 2025.  This development signifies a transformative step for Gwadar, enhancing its position as a regional transit hub. During a high-level review meeting on Monday, Prime Minister Shehbaz […]

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LHC emphasizes prison industries and skill development for inmates

The Lahore High Court has directed the government to revamp jail industries and equip inmates with essential skills to aid their rehabilitation and reintegration into society. The court stressed the alignment of educational curricula in prisons with public and private institutions to enhance inmates’ employability after release. Responding to a public interest petition filed by

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PHMEA alleges harassment by Punjab Labour Department during factory raids

The Pakistan Hosiery Manufacturers and Exporters Association (PHMEA) has raised concerns over surprise raids conducted by the Punjab Labour and Human Resources Department on factories in Faisalabad, alleging harassment of factory owners. Hazar Khan, Senior Vice Chairman of PHMEA, stated that the industry is fully complying with social security laws, paying workers’ dues, and adhering

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Trump urges Supreme Court to delay TikTok divestment deadline

President-elect Donald Trump has requested the U.S. Supreme Court to pause the implementation of a law requiring TikTok’s Chinese owner, ByteDance, to sell the platform or face a ban. Trump argued that his incoming administration should have the opportunity to seek a “political resolution” to the matter. The Supreme Court is set to hear arguments

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Tech companies face tough AI copyright questions in 2025

The new year may bring pivotal developments in a series of copyright lawsuits that could shape the future business of artificial intelligence. The lawsuits from authors, news outlets, visual artists, musicians and other copyright owners accuse OpenAI, Anthropic, Meta Platforms and other technology companies of using their work to train chatbots and other AI-based content

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US adds 9th telcom to list of companies hacked by Chinese-backed Salt Typhoon cyberespionage

U.S. officials have added a ninth telecommunications company to the list of entities compromised by a sweeping Chinese-linked cyberespionage operation known as Salt Typhoon, a top White House official said Friday. Anne Neuberger, the U.S. deputy national security advisor for cyber and emerging technology, told reporters on a call that the unnamed telecom was added

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Pakistan becomes 3rd largest sesame exporter with $1bn in annual exports

Pakistan has emerged as the world’s third-largest exporter of sesame, with annual exports exceeding $1 billion. Federal Minister for National Food Security and Research Rana Tanveer Hussain highlighted sesame as a high-value cash crop with significant export potential during an international sesame investment conference in Islamabad. “Sesame’s success underscores its transformative role in Pakistan’s economy,”

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World Bank estimates China’s full year growth at 4.9% in 2024

The latest China Economic Update, titled “Reviving Demand, Regaining Momentum,” released by the World Bank today, estimates China’s full-year growth at 4.9% in 2024, with a slight deceleration projected to 4.5% in 2025. The report underscores that while recent policy easing offers moderate support, household and business confidence remains fragile, and the property sector continues

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Leopards Courier wins best logistics partner for e-commerce at Global Digital Awards 2024

Leopards Courier Services has proudly been named the Best Logistics Partner for E-Commerce 2024 at the prestigious Global Digital Awards organized by the Pakistan E-Commerce Association. Winning this award through public voting highlights Leopards’ leadership in the logistics and e-commerce industries and reaffirms its reputation as Pakistan’s number one courier and logistics company. The ceremony

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State Bank injects Rs 575.8 bn via reverse repo operation

The State Bank of Pakistan (SBP) conducted a reverse repo-based Open Market Operation (OMO) today, injecting Rs 575.8 billion into the banking system to address liquidity shortages. According to the SBP’s announcement, the injection was executed at a rate of 13.07% for a tenor of eight days. The central bank accepted all offered bids, amounting

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