Business
Business
Daraz Group Announces Layoffs to Streamline Operations
According to an internal memo from Acting CEO James Dong, Daraz Group, under Alibaba's ownership, has initiated workforce reductions to…
Pakistani Rupee Hits Four-Month High Against US Dollar
On Monday, the Pakistani rupee reached a four-month peak of Rs279.20 against the US dollar in the inter-bank market, driven…
PML-N Asks FBR to Present Strategy to Increase Pakistan’s Tax-to-GDP Ratio to 13.5%
The Pakistan Muslim League-Nawaz (PML-N), on the verge of leading the next government, has charged the Federal Board of Revenue…
Federal Cabinet Greenlights First Phase of Iran-Pakistan Gas Pipeline Project
The outgoing interim federal cabinet approved the commencement of the first phase of the Iran-Pakistan (IP) gas pipeline project, spanning…
Utility Stores Corporation Announces Pre-Ramadan Price Cuts
Utility Stores Corporation (USC) has introduced another round of price reductions ahead of its Ramadan relief initiative. This adjustment sees…
Global Oil Prices Dip Amid Strong Dollar and Inflation Concerns
Oil prices declined on Monday, with Brent crude futures dropping by 0.4% to $81.27 a barrel and U.S. West Texas…
SBP Allows Exporter To Use Foreign Currency Account
Exporters can now retain a certain percentage of their export earnings in ESFCAs, as specified by the SBP, which they…
TSMC Unveils $8.6 Billion Chip Plant in Japan to Strengthen Global Supply
Morris Chang, founder of TSMC, announced at the inauguration of their $8.6-billion chip plant in Japan to ensure global chip…
Pakistan’s Weekly Inflation Soars to 30.68%
The Pakistan Bureau of Statistics (PBS) disclosed a slight rise in weekly inflation, as gauged by the Sensitive Price Indicator…