Business
Business
Pakistan Iron and Steel Sector Faces PKR 9.7 Billion Money Laundering Scandal
Traders across Pakistan are grappling with challenging government policies, and simultaneously, the inefficiency of anti-money laundering agencies has led to…
Pakistan Records a 48% Increase in Remittances in July 2024
Remittances to Pakistan Soar to $3 Billion in July 2024, Marking a 48% Increase According to the latest data from…
Pakistan’s Weekly Inflation Report: Key Price Changes in Essential Goods
The Pakistan Bureau of Statistics (PBS) recently reported a 0.30% increase in the weekly inflation rate, indicating a significant annual…
FTX Ordered to Pay $12.7 Billion to Customers Following Bankruptcy
A U.S. court has mandated the bankrupt cryptocurrency exchange FTX to distribute $12.7 billion to its customers, as announced by…
Nike Gains Momentum at Summer Olympics with Increased Product Demand
The Summer Olympics is proving to be a significant win for Nike as the global event boosts demand for the…
Coca-Cola Under Fire for Excessive Plastic Use During Paris Olympics
Despite the Paris Olympics organizers banning single-use containers, Coca-Cola continues to use plastics extensively. On Tuesday, the organizing committee set…
Pakistan to Receive $8.7 Billion World Bank Loan in Next Five Years
The World Bank is set to bolster Pakistan's economic development through a funding initiative, providing an $8.7 billion loan over…
Pakistan’s Mobile Phone Imports Surge by 233% in Fiscal Year 2023-24
In Pakistan, the fiscal year 2023-24 witnessed an astonishing 233% surge in mobile phone imports. The Pakistan Bureau of Statistics…
Salaried Individuals Outpace Textile Exporters in Tax Contributions for FY 2024
In the fiscal year 2024, salaried individuals in Pakistan have significantly contributed to tax revenues, surpassing textile exporters. Recent data…