Business
Business
PSX Surges 600 Points Amid Military Action and Stable Monetary Policy
The Pakistan Stock Exchange (PSX) gained over 600 points. This was after military strikes, and the SBP kept rates steady.…
Unilever to Spin Off Ice Cream Business and Cut 7,500 Jobs in Major Restructuring
Unilever announced a decision on Tuesday to divest its ice cream division, known for brands like Magnum and Ben &…
IMF Approves Final Review of $3 Billion Bailout for Pakistan
The final review of a $3 billion bailout between the International Monetary Fund (IMF) and Pakistan concluded at the staff…
Saudi Arabia Integrates Foreign Investors into Workforce with Nitaqat Saudisation Programme
Saudi Arabian authorities have sanctioned the Nitaqat Saudisation programme, a significant move that integrates foreign investors into the workforce as…
Electricity Tariff Hike Looms as CPPA Seeks Rs4.99 Increase Per Unit for Feb 2024
Electricity users brace for a price jump, with the CPPA proposing a Rs4.9917 per unit increase for February 2024. This…
IMF-Pakistan Talks Extended to Seal $3 Billion Deal Amid Financial Reforms
During a detailed review, the IMF and Pakistani officials extended their dialogue to finalize the MEFP, targeting a $3 billion…
SSGC Seeks Major Gas Price Hike from July 2024
The Sui Southern Gas Company (SSGC) has formally requested the Oil and Gas Regulatory Authority (Ogra) to authorize a significant…
IMF Suggests Expanding CGT to Include Cryptocurrencies in Pakistan
The International Monetary Fund (IMF) has advised the Federal Board of Revenue (FBR) to broaden the Capital Gains Tax (CGT)…
Pakistan 200 Prize Bond Draw Results Announced
The latest result of Pakistan's 200 Prize Bond Draw No. 97, held on March 15, 2024. Prize Bonds offer a…