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Business

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…

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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…

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Pakistan Records Major Export Growth with SFIC Efforts

The collaborative efforts of the SFIC (Strategic Foreign Investment Council) and the Ministry of Commerce are making a tangible impact,…

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Cement Sales in Pakistan Drop By 6.81% in July 2024

The cement shortage in Pakistan resulted in a 6.81% drop in July 2024 sales, with a total of 3,010,000 tons…

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NEPRA Chairman Admits Mistake in Electricity Pricing for IPPs

National Electric Power Regulatory Authority (NEPRA) Chairman Wasim Mukhtar has acknowledged the errors related to the high electricity prices charged…

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Apple Predicts AI Boost for iPhone Sales Post Sluggish Quarter

Apple Projects iPhone Sales Rebound with New AI Features After China Slump Apple anticipates its innovative AI features will revive…

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Suzuki Pakistan Begins Vehicle Exports to Afghanistan and Bangladesh

Suzuki Motor Corporation has initiated vehicle exports to Afghanistan and Bangladesh, marking a significant step in expanding its global footprint.…

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Pakistan’s CPI Increases 11.1% Year-on-Year in July

Pakistan's consumer price index (CPI) for July recorded an 11.1% year-on-year increase, according to data from the Pakistan Bureau of…

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Petrol Prices Slashed: Rs6.17 Per Litre Cut Announced

Prime Minister Shehbaz Sharif approved a diesel price cut of Rs10.86 per litre starting August 1, 2024. This adjustment aligns…

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