Business

Business

Pakistan Seeks US Support to Expedite IMF Program Completion

In an effort to fast-track the ongoing International Monetary Fund (IMF) program, Pakistan has appealed to the United States to…

3 Min Read

OkayKer Raises $700,000 in Seed Funding

OkayKer, an innovative startup providing a holistic platform that bridges car owners with maintenance workshops, has raised seed funding to…

3 Min Read

Pakistan’s Economy Contracts Significantly in 2022-23

Pakistan's economy underwent a significant contraction in 2022-23, marked by a substantial decline in GDP size in dollar terms, growth…

2 Min Read

Pakistan’s Economic Slowdown: A Snapshot of 0.3% Growth Amid Challenges

Pakistan's economy witnessed a stunted growth of merely 0.3% in the last fiscal year, mainly due to stringent import restrictions…

4 Min Read

Jaffer Business Systems Acquires Imparé for Semiconductor Verification

Jaffer Business Systems (JBS) has made a significant and noteworthy acquisition by acquiring Imparé, a Silicon Valley startup specializing in…

2 Min Read

FBR’s Changes to Motor Vehicle Tax in Upcoming Budget

The Federal Board of Revenue (FBR) is exploring various options to increase the advance tax on motor vehicle registration. The…

3 Min Read

Gold Prices Rise in Pakistan, International Market Shows Decline

Gold Prices Surge in Pakistan, International Market Shows Decline. However, the price of gold in Pakistan continued its upward trend…

2 Min Read

Rupee Expected to Stay Steady Against US Dollar Amid High End-Month Import Demand

With a forecasted increase in dollar demand from importers at the end of the month and no new influencing factors,…

3 Min Read

SBP Forecasts Significant Economic Slowdown for FY23 Due to Floods and Fiscal Measures

The State Bank of Pakistan (SBP) announced on Friday that it anticipates a significant deceleration in the nation's economic growth…

4 Min Read