AutomobileToyota tops global sales for fifth year despite a 3.7% decline in 2024
Toyota’s parent-only sales drop 1.4% to 10.2 million, while hybrids account for 40.8%
Jan 30, 2025
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HeadlinesPakistan loses Rs5trn annually due to underutilised ports, tax evasion, and trade malpractices: report
Task force report highlights inefficiencies in maritime sector, calls for urgent reforms
Jan 30, 2025
HeadlinesPIA restores eight international routes after prolonged suspensions, says defence minister
Flights to Paris, Jeddah, Muscat, and Kuwait resume after months-long disruptions
Jan 30, 2025
HeadlinesChinese firm to invest $340 million in Pakistan’s EV sector
Plans include 3,000 charging stations and a manufacturing plant with an annual output of 72,000 units
Jan 30, 2025
HeadlinesPakistan LNG Limited to divert two cargoes to international market
Decision follows reduced demand for RLNG in power generation sector
Jan 30, 2025
HeadlinesForeign investors pull out 87% of T-bill investments as returns decline
Foreign investors injected $984 million into T-bills from July 2024 and January 17, but withdrawals surged to $852 million in the same period
Jan 30, 2025
HeadlinesProperty registrations for high-rises in Karachi stall amid FBR valuation uncertainty
Unclear guidelines on multi-story buildings leave sub-registrars unable to process sales; Karachi Tax Bar Association urges FBR to clarify the matter
Jan 30, 2025
HeadlinesCommerce Ministry alleges exporters, DPP officials for clearing substandard rice exports to EU
Jan 30, 2025
HeadlinesPakistan needs $100bn investment for clean energy transition, Senate panel briefed
$50 billion needed to achieve 60% renewable energy target by 2030; additional investment required to cut emissions by 50% and implement National Energy Efficiency and Conservation Authority (NEECA) Plan
Jan 30, 2025
World Business NewsDeepSeek falls behind western rivals in NewsGuard audit
Results show an 83% fail rate compared to average 62% fail rate of Western AI chatbots in a NewsGuard audit
Jan 29, 2025
World Business NewsX unveils digital wallet with Visa integration
The launch aligns with Musk’s broader plan to transform X into a financial ecosystem, expanding beyond social media
Jan 29, 2025
World Business NewsOil prices decline with higher U.S. inventories and Libya stability
Brent crude futures drop 0.76% to $77.90 a barrel, while U.S. crude futures decline 0.75% to $73.22
Jan 29, 2025