Automobile$60 billion Nissan-Honda merger collapses over power structure dispute
Honda CEO calls the failure “disappointing” and considers partnerships beyond Nissan and Mitsubishi Motors
Feb 13, 2025
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Automobile
TechBYD integrates DeepSeek AI to rival Tesla in autonomous driving
BYD’s "God’s Eye" self-driving system starts at $9,550, while Tesla’s begins at $32,000
Feb 13, 2025
HeadlinesTwo more IMF missions to visit Pakistan for climate resilience funding, EFF review
Lender’s delegates to discuss climate resilience financing on February 24 and conduct the first biannual review of the $7 billion EFF in the first week of March
Feb 13, 2025
HeadlinesPrivate sector repays Rs440bn to banks as tax-driven lending cycle ends
Credit outflows rise as businesses struggle with high costs, weak demand, and policy uncertainty
Feb 13, 2025
World Business NewsUS budget deficit jumps to $129 billion in January
Musk's DOGE initiative shows no major savings due to a court order limiting its access to Treasury operations
Feb 13, 2025
HeadlinesNAB chief warns of capital flight as 25,000 Pakistanis move wealth abroad for foreign citizenship
Business community urges action against corruption and economic hurdles
Feb 13, 2025
HeadlinesGovt plans to convert 3,400 closed CNG stations into EV charging points
NEPRA reviews proposal to cut electricity tariffs for charging stations
Feb 13, 2025
HeadlinesIFC urges Pakistan to ensure political stability, accelerate reforms for economic growth
International Finance Corporation plans $560 million co-financing with UK for climate resilience and private sector expansion
Feb 13, 2025
HeadlinesCabinet approves civil servants’ asset declaration law under IMF reform agenda
Amendment to Section 15 of the Civil Servants Act mandates senior government officials to declare both domestic and foreign assets
Feb 13, 2025
HeadlinesUS aviation team to visit Pakistan in March for direct flight assessment
US Federal Aviation Administration to evaluate Pakistan’s safety compliance as efforts continue to restore direct flights.
Feb 13, 2025
HeadlinesSalaried class tax payments surge to Rs285bn in seven months, minister hints at relief
Non-corporate sector employees contributed Rs122bn, corporate sector employees Rs86bn, provincial govt employees Rs48bn, and federal govt employees Rs29bn in income tax
Feb 13, 2025
HeadlinesPakistan banks to launch SME index to boost financing for small businesses
The new index, set to be developed over the next year, will help banks assess and accelerate financing to SMEs, contributing to economic growth
Feb 12, 2025