Business
Business
Pakistan’s Passenger Car Sales Jump 62% in November 2024
Passenger car sales in Pakistan surged 62% year-on-year in November 2024, with 7,909 units sold compared to 4,875 units in…
National Savings Cuts Profit Rates by up to 250 Basis Points
The federal government has declared a reduction in profit rates for National Savings schemes, effective December 11. The National Savings…
PSX Rallies Strongly Amid Positive Economic Forecasts
The Pakistan Stock Exchange (PSX) showcased a strong rebound on Wednesday, recovering from a substantial loss in the previous session,…
K-Electric Tops in Fatalities Among Power Distributors
The National Electric Power Regulatory Authority (NEPRA) has issued its fiscal year 2023-24 report, identifying K-Electric as the distribution company…
Engro and Veon Forge Strategic Partnership to Expand Telecom Infrastructure
Through its strategic alliance with Veon, Engro, Pakistan's largest conglomerate, plans to expand its telecom tower-sharing initiatives across Pakistan and…
PSX Shares Surge, KSE-100 Index Crosses 111,000 Points
Shares at the Pakistan Stock Exchange (PSX) continued their climb on Tuesday, with the KSE-100 index surging past the 111,000…
Government Sells PIA Unit to Pakistan Air Force for Rs2.5 Billion
The government will sell a PIA business unit to the Pakistan Air Force for Rs2.5 billion in cash. This amount…
FBR Sets $1,200 Limit on Goods Under New Baggage Rules
The Federal Board of Revenue (FBR) has introduced new regulations under the baggage scheme, which now limit travellers from importing…
Pakistan’s Surge in Solar Energy Adoption
Pakistan quickly became one of the major solar energy markets within just a few years. According to the World Economic…