Business

Business

WHO Recommends 37% Hike in Federal Excise Duty on Cigarettes

The health ministry is considering increasing the Federal Excise Duty (FED) on cigarettes by 20%. In comparison, the World Health…

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Pfizer Exits Pakistan as Lucky Group Acquires Operations

Pfizer Pakistan, a prominent international pharmaceutical corporation, has divested its entire operations to Lucky Group, exiting the Pakistani market. Pfizer's…

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PSX Surges Past 73,000 Points Amid Positive Economic Forecasts

The Pakistan Stock Exchange (PSX) witnessed a robust trading session on Friday, with the KSE-100 index climbing 427.45 points, or…

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Solar Panel Prices Drop Sharply in Pakistan Amid Rising Power Costs

As power bills soar in Pakistan, the demand for solar panels has increased significantly. This surge in interest has coincided…

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Wheat Prices Crash to 2800 in Jacobabad; Farmers Face Major Setbacks

In Jacobabad, Sindh, small-scale farmers face challenges due to discrepancies in wheat pricing and the inequitable distribution of resources. Journalist…

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PSO in Negotiations to Acquire Energy Company Stakes Amid Debt Crisis

Pakistan State Oil (PSO) is negotiating with the government to buy shares in state energy firms to manage significant debts.…

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PSO Plans to Acquire Stakes in Energy Companies to Address Debt Issues

Pakistan State Oil (PSO) is actively pursuing a strategy to acquire stakes in public-sector energy companies to offset the significant…

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Engro Corp Plans Expansion into the Middle East, Central Asia, and Africa

Engro Corp, Pakistan's largest conglomerate, aims to penetrate new markets in the Middle East, Central Asia, and Africa, according to…

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ECC Approves Major Wheat and Urea Imports, Boosts Funding for Key Sectors

On Tuesday, the Economic Coordination Committee (ECC) authorized the Centre to procure an additional 400,000 tonnes of wheat. It also…

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