World Business News
Monitoring Report
Our monitoring team diligently searches the vast expanse of the web to carefully handpick and distill top-tier business and economic news stories and articles, presenting them to you in a concise and informative manner.
Published Work(12,346 articles)
World Business News
HeadlinesAurangzeb reassures that Pakistan's economy is heading in the right direction
If we stay on this trajectory by the end of this fiscal year, we will be at 3 months of import cover, which will be a good place to be in terms of international benchmark, Finance Minister
HeadlinesNishat Chunian Power approves government deal to amend IPPs agreements
The revised agreement introduces changes to the indexation mechanism, rebases tariffs for operations and maintenance, and implements a hybrid return on equity model
HeadlinesPakistan clarifies no official agreement for Russian crude oil imports
The report mentions that PRL would import 12 cargoes of Russian crude oil annually, and that the payment mechanism had been resolved with the facilitation of the Governor SBP
HeadlinesEV motorbike industry seeks govt support to boost growth, localisation
Assemblers urge tax exemptions, financing options, and localisation to drive sales and lower prices
EconomyChina becomes Pakistan's largest creditor with $29bn debt, World Bank reports
Total external debt reached $130.85 billion in 2023 with debt servicing climbing to 43% of the country’s exports and 5% of gross national income
HeadlinesPM forms committee to review proposal allowing dual nationals to become SBP governor
Issue sparks debate among cabinet members, some ministers express concerns on dual nationals at SBP while finance minister speaks in favour
FBRFBR recovers Rs880mn from Pakistanis with foreign accounts, offshore properties, SC informed
Supreme Court examines FBR’s actions related to undisclosed foreign accounts and loan write-offs
HeadlinesFBR tax shortfall may reach Rs400bn by December amid ongoing challenges
Real estate sector slowdown, tax evasion, and infrastructure gaps exacerbate revenue shortfall, FBR officials apprise finance minister
HeadlinesPakistan poised to lead in Shariah-compliant financing: SECP Chief
High compliance with global standards and expanding Islamic financial markets pave the way for leadership
HeadlinesGovernment to clamp down on terrorist activities online and illegal SIMs
Interior Ministry plans strategic measures to bolster counter-terrorism efforts
HeadlinesKarachi residents to receive Rs0.18 per unit reduction in electricity bills
K-Electric’s September 2024 fuel adjustment offers rare relief, while additional charges loom for December.
