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Karachi Port traffic crisis persists a week after transport strike ends

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 ex

China, Pakistan strengthen vocational education ties with new MoUs

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 t

Technological limitations, political instability drives migration of skilled professionals

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 G

Silver tops $75 as gold and platinum surge to records

Gold, silver, and platinum hit record highs on Friday, as speculative momentum and thinning year-end liquidity powered the precious metals, along with markets pricing in more US rate cuts, and rising geopolitical tension. Spot gold rose 0.6% to $4,504.79 per ounce, as of 0423 GMT, after touching a record $4,530.60 earlier, while US gold futures for February delivery climbed 0.7% to $4,535.20.

Pakistan, ADB sign $730mn pacts for power infrastructure, SOE transformation

Pakistan government and the Asian Development Bank (ADB) signed on Thursday two loan agreements totaling $730 million aimed to “transform the country’s state-owned enterprises (SOEs), and enable the power transmission network to uptake affordable and clean energy”, the ADB said in a statement. Pakistan’s Ministry of Economic Affairs said they signed two major initiatives with the ADB: i) the Se