Business
Business
Pakistan Government Approves Increases in Fixed Electricity Charges
The federal government of Pakistan recently sanctioned a significant increase in fixed electricity charges for industrial power consumers as a…
Pakistan Sets Regulation for Exporting Donkey Meat to China
Pakistan has formalized the protocols for exporting donkey meat and hides to China. Senator Anusha Rahman, chair of the Senate's…
Over 13,000 Petrol Stations to Shut Nationwide as Dealer Talks Fail
The Pakistan Petroleum Dealers Association (PPDA) declared that discussions with various government levels and stakeholders had failed, compelling a nationwide…
Pakistan International Airlines Leads Government’s Privatization Drive
Pakistan International Airlines (PIA) and other national entities face financial deficits amid the privatization process; consequently, they continue to incur…
Federal Govt Imposes New Duties on Luxury Goods and Automotive Parts in Pakistan
The Federal Government has implemented a regulatory duty on 657 luxury goods imports and announced additional customs duties on 2,200…
June Inflation Hits 12.6% in Pakistan Amid Economic Measures
According to the Pakistan Bureau of Statistics (PBS), headline inflation in June reached 12.6% year over year. This rate surpasses…
Petroleum Dealers Threaten Nationwide Shutdown on July 5 Over Advance Tax
The Pakistan Petroleum Dealers Association (PPDA) has threatened to close petrol stations nationwide on July 5 unless the government revokes…
Eight Dead as Monsoon Rains Trigger Landslides in Balochistan
Heavy pre-monsoon rains, which began on Friday and continued into Saturday, resulted in the deaths of at least eight people…
PSX Climbs Over 700 Points Amid Lower Inflation Expectations and IMF Deal Hopes
Shares at the Pakistan Stock Exchange (PSX) surged over 700 points in intraday trading on Monday amid expectations of declining…