Business
Business
Pakistan $1B World Bank ADB Loans for Tax & SOE Reforms
Pakistan is negotiating two foreign loans totalling $1 billion to enhance its tax system and reform state-owned enterprises. The government…
Pakistan’s ECC Approves Rs1.23 Trillion Circular Debt Resolution
The Economic Coordination Committee (ECC) of the cabinet has taken decisive action to address Pakistan's power sector crisis. Specifically, the…
PSX Falls 481 Points; MSCI Adds 3 Pakistani Banks to Index
The Pakistan Stock Exchange (PSX) experienced a modest decline on Thursday, with the benchmark KSE-100 index falling 0.30%. Investor sentiment…
Pakistan Raises Rs974 Billion in PIB Auction
The government mobilised Rs973.8 billion through an auction of Pakistan Investment Bonds (PIBs) on Wednesday. The strong result reflects significant investor interest…
Gold Prices Rebound, Hitting New Record High in Domestic Market
Gold prices made a strong recovery on Thursday, breaking a two-day losing streak. The precious metal hit a new record…
FBR Mandates Linking for Taxpayers with Income Above Rs 500,000
The Federal Board of Revenue (FBR) has made electronic filing mandatory for all taxpayers. Additionally, the tax authority clarified its…
PSX KSE-100 Surges 1,171 Points as Institutional Investors Rally
The Pakistan Stock Exchange (PSX) continued its upward trend on Monday. The benchmark KSE-100 index surged by 1,171.42 points, closing…
Pakistan Aims for $100 Billion Blue Economy by 2047
Finance Minister Muhammad Aurangzeb has announced a major economic goal. He plans to grow Pakistan's blue economy to $100 billion…
Starbucks 60% Stake in China Business to Boyu Capital in $4 Billion Deal
Starbucks Corp. has agreed to sell a majority stake in its China operations to private equity firm Boyu Capital valued…