Business
Business
TSMC Unveils $8.6 Billion Chip Plant in Japan to Strengthen Global Supply
Morris Chang, founder of TSMC, announced at the inauguration of their $8.6-billion chip plant in Japan to ensure global chip…
Pakistan’s Weekly Inflation Soars to 30.68%
The Pakistan Bureau of Statistics (PBS) disclosed a slight rise in weekly inflation, as gauged by the Sensitive Price Indicator…
Government Cuts Profit Rates on National Savings Schemes
Effective immediately, the government announced a reduction in profit rates for nearly all national savings schemes, excluding a conventional savings…
Government Plans to Revise Solar Tariffs Amid High Fuel Costs
Acknowledging the burden of high fuel cost adjustments on consumers, the government signalled intentions to revisit net metering tariffs for…
PSX Surges Over 900 Points as Political Clarity Boosts Investor Confidence
Bulls led the charge at the Pakistan Stock Exchange (PSX) on Wednesday, propelling shares upwards by over 900 points. This…
Pakistan Braces for 7.13 Rs/unit Electricity Tariff Hike: Fuel Adjustment
Facing inflation, the country prepares for a power price surge, with a Rs7.13 unit increase due to January's fuel costs.…
Walmart Sets Record in Q4: Surges with Vizio Acquisition and Sales Forecast
Walmart launched the reporting season for U.S. retailers on Tuesday, presenting strong fourth-quarter outcomes as shoppers pressed by inflation turned…
Urea Prices to Skyrocket by Rs1,700, Hitting Rs5,500 Per Bag in Pakistan
The industry anticipates a sharp rise in urea prices by Rs1,700 per bag, potentially pushing costs from Rs3,800 to Rs5,500.…
Mobile Phone Imports in Pakistan Surge by 138%
Pakistan has experienced a dramatic 138% increase in mobile phone imports during the current fiscal year, a development highlighted by…