AutomobileBYD to begin electric vehicle assembly in Brazil this month
The company plans to assemble 50,000 vehicles this year using imported kits, says SVP BYD Brazil
Jul 8, 2025
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Automobile
TechChinese camera firm Hikvision to challenge Canada’s order to halt operations
Canada’s Industry Minister says the decision followed a review by national security and intelligence agencies
Jul 8, 2025
HeadlinesFBR announces advance tax system for overseas Pakistanis on property transactions
Overseas Pakistanis with POC or NICOP can now pay advance tax at filer rates for property transactions under specific conditions, even if they are non-filers.
Jul 8, 2025
World Business NewsU.S. online spending to hit $23.8 billion during Amazon Prime Day event
Amazon extends the sale from 48 to 96 hours as other major retailers, including Walmart and Target, offer competing deals
Jul 8, 2025
HeadlinesPakistan approves creation of Virtual Assets Regulatory Authority
Authority will oversee virtual asset service providers, ensuring compliance with FATF guidelines and boosting Pakistan's position as a digital asset hub
Jul 8, 2025
HeadlinesRs40 billion financial irregularity uncovered at National Institute of Cardiovascular Diseases Sindh
Sindh Health Minister orders investigation into alleged corruption as audit report reveals discrepancies in financial management
Jul 8, 2025
HeadlinesAGP unveils over Rs1,100 billion in financial irregularities across federal ministries
Rs300 billion lost due to import of 3.59 million tons of wheat, despite surplus domestic stocks
Jul 8, 2025
HeadlinesPakistan, Afghanistan hold talks on trade, transit and security
Discussions focus on trade and transit cooperation, security, connectivity, and other bilateral matters
Jul 7, 2025
HeadlinesPakistani rupee hits 19-month low, closing at 284.22 against US dollar
In the open market, the rupee loses 9 paise for buying and 24 paise for selling against the US dollar, ending at 285.50 and 286.64, respectively
Jul 7, 2025
HeadlinesGovernment extends austerity measures for fiscal year 2025–26
The measures include a complete ban on the purchase of all types of vehicles, procurement of machinery and equipment, and creation of new posts
Jul 7, 2025
HeadlinesFinance Division announces 7% pension increase from July 1, 2025
The increase applies to federal civil pensioners, civilians paid from defence estimates, retired armed forces personnel, and civil armed forces personnel
Jul 7, 2025
HeadlinesSBP joins global women finance code with $500 million ADB support
The funding is intended to reduce the gender finance gap and improve women’s financial inclusion and economic participation
Jul 7, 2025