HeadlinesPakistan’s mobile phone imports drop by 13.6% in first four months of FY25
Decline reflects shift to local manufacturing amidst economic pressures
Nov 24, 2024
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Headlines
World Business NewsU.S. SEC summons Adanis on bribery allegations
U.S. Securities and Exchange Commission accuses Gautam Adani and Sagar Adani of bribery in $750 million bond deal
Nov 24, 2024
HeadlinesGovernment assures Chinese investors of seamless land transfer in SEZs
Chinese diplomats will join the next meeting to address concerns collaboratively
Nov 24, 2024
HeadlinesPakistan’s power demand rises 7% in October, reaching 10,262 GWh
However, power generation in October declined significantly by 18% compared to the preceding month of September
Nov 24, 2024
HeadlinesThousands of tons of petrochemicals stuck at Karachi Port disrupt production
FPCCI urges the government to immediately release the detained raw materials to prevent further economic damage
Nov 24, 2024
HeadlinesFBR proposes Rs. 8 billion incentive package for tax officers' performance boost
Under the plan, high performers may earn up to four basic salaries, while low performers get no incentives
Nov 24, 2024
HeadlinesCoca-Cola Rs2.5bn tax fraud: informant fights for "Inaam"
FBR recovered Rs2.5 billion but hasn’t rewarded the informer, though officers were paid
Nov 24, 2024
World Business NewsSri Lanka’s $2.9 billion IMF bailout passes third review
According to the World Bank, Sri Lanka’s economy is projected to grow by 4.4 percent this year
Nov 23, 2024
HeadlinesBanking and Fertilizer stocks drive KSE-100 index near 100k mark
KSE-100 index closes at historic high of 97,798 points, up 3.2% WoW
Nov 23, 2024
HeadlinesCAA expects EU ruling to favor lifting ban on Pakistani airlines
The UK and several other EU countries had suspended PIA’s flight operations due to concerns about the authenticity of pilot licences in 2020
Nov 23, 2024
HeadlinesIranian carriers to submit bank guarantees for transshipment from Taftan to Quetta's NLC Dry Port
FBR updates customs rules to ensure compliance under Pakistan-Iran transport agreement
Nov 23, 2024
HeadlinesGovt faces internal rift over IMF's gas disconnection condition for industries
Petroleum Division warns of Rs427bn loss, as finance ministry defends IMF agreement
Nov 23, 2024