Business
Business
Pakistan’s Energy Sector Debts Hit Rs5.5 Trillion
Despite efforts against price shocks and theft, the World Bank cites rising energy debts. They've grown by Rs135 billion, hitting…
Pakistan International Airlines Shares Up 650% Amid Privatization Moves
Following the announcement of the privatisation of Pakistan International Airlines (PIA), the company's share price experienced a dramatic surge; after…
IMF Proposes Uniform Tobacco Taxation in Pakistan for Economic Health
The International Monetary Fund (IMF) has suggested a uniform tobacco tax to counteract Pakistan's economic losses linked to the cigarette…
CPI Inflation in Pakistan Falls to 20.7%, Lowest Since May 2022
March 2024 saw Pakistan's Consumer Price Index (CPI) increase by 20.7% from the previous year, a decrease from February's 23.1%…
Pakistan’s Exports Up by 8.93%, Imports Decrease in FY 2023–24
Pakistan's exports rose 8.93% in the first nine months of fiscal year 2023–24, reaching $22.914 billion, compared to $21.036 billion…
Govt to Fast-Track Resolution of 27,000 Tax Cases via New Ordinance
The government has prepared a plan to introduce an ordinance to swiftly conclude 27,000 tax cases worth 2700 billion PKR…
Huawei Sees Unprecedented Growth in 2023 Amid US Sanctions Recovery
In 2023, Huawei Technologies experienced its most rapid growth in four years. A revival in consumer operations and earnings from…
Muneer Kamal Appointed as CEO of Pakistan Banks’ Association
Muneer Kamal has been named the new Chief Executive Officer (CEO) and Secretary General of the Pakistan Banks’ Association (PBA),…
US Reinforces Commitment to Pakistan’s Energy Crisis and Environmental Challenges
The United States has reiterated its dedication to addressing Pakistan's energy crisis and warned against the Pak-Iran Gas Pipeline Project.…