Business

Business

Pakistan’s Pharmaceutical Exports Rise in FY23-24

In the fiscal year 2023-24, Pakistan's pharmaceutical goods exports rose to $341.023 million, a 3.90 per cent increase over the…

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Foreign Profit Repatriation from Pakistan Reaches Six-Year High in 2024

Foreign profit repatriation from Pakistan has surged to a six-year high. In the current fiscal year, foreign companies operating in…

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State Bank of Pakistan Cuts Key Interest Rate to 19.5%

The State Bank of Pakistan (SBP) reduced the key interest rate by 100 basis points (bps) on Monday, lowering it…

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Fitch Upgrades Pakistan’s Foreign-Currency Rating to CCC+

Fitch Ratings has recently upgraded Pakistan's Long-Term Foreign-Currency Issuer Default Rating (IDR) from 'CCC' to 'CCC+.' This upgrade is attributed…

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Bitcoin Soars Above $69,000 Amid Market Recovery

Today, Bitcoin's price surged past $69,000 on global exchanges, with a notable increase of 3.16% in the last 24 hours,…

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High Electricity Costs Prompt Industrialists to Shut Down Factories in Lahore

Rising inflation has severely impacted the public and caused significant distress within the business community. Lahore's industrialists and traders have…

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Rising Inflation in Pakistan Leaves Public Struggling with Soaring Prices

Pakistan is currently struggling with inflation, leaving the public severely distressed and unable to find relief. The cost of living…

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Toyota Advances Lexus EV Production with New Battery Plant

Toyota has revealed its strategy for using Lexus electric vehicles. According to a report in Nikkei on Friday, Japan's Toyota…

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LinkedIn’s Co-Founder Reid Hoffman Forecasts the End of 9-to-5 Jobs by 2034

LinkedIn co-founder Reid Hoffman has sparked widespread discussion with his prediction that traditional 9-to-5 jobs will disappear by 2034, as…

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