Business
Business
US Places 42 Chinese Enterprises on Export Control List Over Support to Moscow
The US Commerce Department took a significant step, placing 42 Chinese enterprises on its export control list. This decision was…
Pakistan to Receive $3.4 Billion The Geneva Pledges for Flood Relief
Pakistan is set to acquire approximately $3.4 billion from the $10.9 billion pledges made by the global community in Geneva.…
Lucky Motor Corporation Slashes KIA Prices Amidst Pakistani Rupee’s Rise
The automotive sector in Pakistan is witnessing a decrease in vehicle prices due to the Pakistani rupee's significant appreciation against…
PIA Faces Fuel Suspension and Privatization Amid Financial Struggles
On Wednesday, due to outstanding payments, Pakistan State Oil (PSO) ceased fuel provision to Pakistan International Airlines (PIA) at Lahore…
FBR Eyes Shop Size-Based Taxation for Retailers Across the Nation
Based on their shop dimensions, the Federal Board of Revenue (FBR) is contemplating introducing a fixed tax ranging from Rs1,000…
Pakistan’s Debt Skyrockets to Nearly Rs64 Trillion
The State Bank of Pakistan revealed that the central government's debt escalated by almost one-third over the past year until…
Iraq Plans Ban on US Dollar Cash Transactions from 2024
Iraq is set to enforce a ban on cash withdrawals and transactions in US dollars starting January 1, 2024. According…
SBP Assures Safety of Bank Deposits Amid Media Speculations
The State Bank of Pakistan (SBP) has firmly negated media claims suggesting that bank deposits exceeding Rs500,000 might be at…
Power Distribution Shifts to the Private Sector in Pakistan
The caretaker government has decided to transition power distribution companies to the private sector through long-term concessions. This major shift…