HeadlinesCotton market stumbles as duty-free imports crush local industry
Dec 16, 2024
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HeadlinesBusiness community calls SBP rate cut 'insufficient,' seeks single-digit policy rate
Economic stakeholders say single-digit rates essential for boosting growth and exports
Dec 16, 2024
World Business NewsChina’s Instagram-like Xiaohongshu expands e-commerce with over 300 million users
With over 300 million users and a valuation of $17 billion after its July funding round, the platform combines social media with curated shopping experiences
Dec 16, 2024
World Business NewsFacebook and TikTok must adopt safety-by-design features under UK law
The MPC meeting comes amid signs of significant economic improvement
Dec 16, 2024
HeadlinesPakistan records lowest inflation in six and a half years at 4.9%
The average inflation rate for the first five months of the current fiscal year falls sharply from 28.62% to 7.88%, while November 2024 records an inflation rate of 4.9%
Dec 16, 2024
HeadlinesGovt finalizes 'take and pay' deals with 14 furnace oil-based IPPs, talks continue with others
Prime minister ordered phased shutdown of outdated and costly power plants to reduce electricity tariff for consumers
Dec 16, 2024
HeadlinesCotton industry faces crisis as rising imports, policy gaps strain sector
Cotton Ginners Forum calls for action to protect domestic cotton amid surging imports
Dec 16, 2024
HeadlinesChinese firm to invest $350m to establish 3,000 EV charging stations in Pakistan
A partnership agreement has been signed to advance electric mobility and reduce reliance on fuel imports.
Dec 16, 2024
HeadlinesWorld Bank rates $300 million national health program as 'moderately satisfactory'
Nearly 46% of committed funds disbursed as reforms gain momentum
Dec 16, 2024
HeadlinesCustoms values revised for feed grade meat, bone meal imports from Brazil
Updated valuation ruling issued after deliberations on pricing discrepancies and input from importers
Dec 16, 2024
HeadlinesKP exceeds IMF targets with 44% revenue boost, claims CM Gandapur
Province sees significant development strides and governance reforms
Dec 16, 2024
HeadlinesPM's aide criticizes IPPs for blocking audits, calls for fair power sector reforms
Debate on rising electricity tariffs highlights obstruction of regulatory oversight, excessive capacity payments, and need for market rationalization
Dec 16, 2024