Business
Business
Pakistan’s FBR Launches Digital Performance System for Tax Officers
Pakistan’s Federal Board of Revenue (FBR) has launched a fully digitised Performance Management System (PMS) to improve transparency in evaluating…
Pakistan Expands SME Definition to Boost Micro-Enterprises and Economy
Pakistan’s government has broadened its SME definition to include micro-enterprises and offers incentives to formalise millions of informal businesses. Special…
Apple Shares Drop 5% Amid Reduced Buyback and $900M Tariff Costs
Apple Inc. shares plummeted 5% on Friday after announcing a scaled-back $100 billion stock buyback program and a projected $900…
Gold Prices Drop in Pakistan and Globally Amid Market Corrections
Gold prices fell on Friday, as both international and Pakistani markets experienced technical corrections and investors engaged in profit-taking. While…
Pakistan Stock Exchange Rebounds with KSE-100 Index Surging 2.36%
The Pakistan Stock Exchange (PSX) recovered robustly on Friday, climbing 2.36% after Thursday’s steep sell-off. The KSE-100 Index soared 2,627.98…
Oxfam Reports 50% Surge in CEO Salaries Since 2019 While Worker Wages Stagnate
Oxfam, the international research and advocacy group, reports a dramatic increase in global CEO compensation, with average pay rising by…
FBR Misses April Revenue Target by Rs110 Billion, Reports 30% Annual Growth
The Federal Board of Revenue (FBR) reported a Rs110 billion revenue shortfall for April 2025, collecting Rs850 billion against a…
TOKEN2049 Dubai 2025: UAE Crypto Hub Shines as Trump Euphoria Fades
The TOKEN2049 conference, held April 30–May 1, 2025, at Madinat Jumeirah in Dubai, attracted 15,000 attendees from over 150 countries,…
Pakistan’s KSE-100 Index Drops 2,500 Points
Pakistan’s benchmark KSE-100 index plummeted by 2.2% on April 29, 2025, losing 2,529.39 points in intra-day trading, driven by heightened…