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Pakistani Rice Exports Surge to $4 Billion Amid Global Demand
The surging global demand for Pakistani rice, exceeding $4 billion in exports, heralds new trade prospects for Pakistan. However, concerns…
FBR Chairman Amjad Zubair Tiwana Opts Early Retirement
Amjad Zubair Tiwana, Chairman of the Federal Board of Revenue (FBR), has opted for early retirement and tendered his resignation…
McDonald’s Reports First Quarterly Profit Decline in Two Years
American fast food giant McDonald’s has reported its first quarterly profit decline in two years, attributing the decrease to shifts…
Pakistan’s Pharmaceutical Exports Rise in FY23-24
In the fiscal year 2023-24, Pakistan's pharmaceutical goods exports rose to $341.023 million, a 3.90 per cent increase over the…
Foreign Profit Repatriation from Pakistan Reaches Six-Year High in 2024
Foreign profit repatriation from Pakistan has surged to a six-year high. In the current fiscal year, foreign companies operating in…
State Bank of Pakistan Cuts Key Interest Rate to 19.5%
The State Bank of Pakistan (SBP) reduced the key interest rate by 100 basis points (bps) on Monday, lowering it…
Fitch Upgrades Pakistan’s Foreign-Currency Rating to CCC+
Fitch Ratings has recently upgraded Pakistan's Long-Term Foreign-Currency Issuer Default Rating (IDR) from 'CCC' to 'CCC+.' This upgrade is attributed…
Bitcoin Soars Above $69,000 Amid Market Recovery
Today, Bitcoin's price surged past $69,000 on global exchanges, with a notable increase of 3.16% in the last 24 hours,…
High Electricity Costs Prompt Industrialists to Shut Down Factories in Lahore
Rising inflation has severely impacted the public and caused significant distress within the business community. Lahore's industrialists and traders have…