Beijing/Shanghai (Reuters): Claims that a version of Huawei’s Pangu Pro big language model has replicated parts of an Alibaba (9988.HK) model have been denied by the company’s artificial intelligence research group, which maintains that the model was created and trained separately. A day after an organization named HonestAGI published anRead More →
RIO DE JANEIRO: As the leaders of the BRICS group of emerging nations began a meeting in Brazil on Sunday, President Donald Trump declared that the United States will levy an extra 10 percent tax on any nations who align themselves with the “Anti-American policies” of the organization. The BRICSRead More →
Former US President Donald Trump recently praised Pakistanis as “brilliant people” and stated a strong desire to increase bilateral trade in an interview with Fox News. During a period of elevated military tensions, he also took responsibility for defusing a near-nuclear conflict between India and Pakistan. Trump claimed that theRead More →
ISLAMABAD APP – Pakistan and Russia on Tuesday agreed to establish a new steel mill in Karachi aimed at enhancing bilateral relations between the two countries. The agreement was achieved at a meeting between Russian Representative Denis Nazaroof and Special Assistant to the Prime Minister (SAPM) Haroon Akhtar Khan. “TheRead More →
KARACHI: A Letter of Intent (LOI) to work together on the creation of a Center for Islamic Finance has been signed by Meezan Bank and The Institute of Chartered Accountants of Pakistan (ICAP). By improving professional competence through education, training, and certification programs, this project seeks to fortify the IslamicRead More →
ISLAMABAD : According to Julie Kozack, director of communications for the International Monetary Fund (IMF), Pakistan will get $1.3 billion in installments over 28 months under the Resilience and Sustainable Facility (RSF). During a press conference, Kozack stated that the staff-level agreement mentions $1.3 billion for the RSF for theRead More →
The World Bank Group’s Board of Directors has authorized a $300 million International Development Association (IDA) loan for the Punjab Clean Air Program (PCAP), which would improve air quality management and battle pollution. PCAP will help the Punjab government’s Smog Mitigation Action Plan (SMAP) address the pressing issue of smogRead More →
The International Monetary Fund (IMF) has granted partial permission for a 2% decrease in withholding tax on property transactions, in response to a request by the Federal Board of Revenue. The adjustment, which will take effect in April 2025, is intended to enhance real estate company activity. However, the withholdingRead More →
This week, the Privatization Commission Board approved the transaction structure for a renewed effort to divest 51 to 100 percent of Pakistan International Airlines Corporation Limited (PIACL) shares, as well as management control. The board, chaired by Muhammad Ali, the newly appointed prime minister’s adviser on privatization and chairman ofRead More →
According to Pasar Digital on Sunday, the Security and Exchange Commission of Pakistan (SECP) registered 3,046 new businesses in February 2025, bringing the total to 2,46,608 businesses.Using the digital platform, 99.9% of new businesses were registered by SECP.According to recent data, 38% of businesses were registered as single members, whileRead More →