Business
-
SBP reserves rise above $11b after 2-1/2 years
Pakistan’s foreign exchange reserves, held by the State Bank of Pakistan (SBP), surged past $11 billion after a gap of…
Read More » -
Envoy sees potential for tenfold rise in IT exports
Pakistan’s participation in Gitex Global 2024, the world’s largest IT and communication exhibition, has garnered substantial attention as companies are…
Read More » -
Earnings season fuels PSX rally
Pakistan Stock Exchange (PSX) on Tuesday made a strong rebound as it advanced more than 550 points, driven by a…
Read More » -
Poultry farmers seek help to combat inflation
Poultry farmers across Pakistan are facing hard times as rising input costs, especially poultry feed, are becoming unbearable for them.…
Read More » -
PTCL reports Rs6.3b loss despite 15% revenue growth
Despite increased revenue, PTCL Group has reported a significant loss for the third quarter of 2024. The company’s loss surged…
Read More » -
Banks may have to pay extra Rs197b
A tax advisory firm has estimated that banks will have to pay an additional income tax of Rs197 billion on…
Read More » -
No China debt re-profiling on cards
Finance Minister Muhammad Aurangzeb on Wednesday ruled out the signing of an energy debt restructuring agreement with China next week…
Read More » -
Pakistan to sign $2b deals with Saudi delegation ahead of SCO summit
Prime Minister Shehbaz Sharif announced during a federal cabinet meeting on Tuesday that Pakistan is set to sign agreements worth…
Read More » -
Pakistan sees 38.8% increase in remittances from overseas workers
In the first quarter of fiscal year 2025, overseas Pakistanis sent a total of $8.8 billion back to Pakistan, marking…
Read More » -
Sugar board seeks export of 0.5m tons
The Sugar Advisory Board (SAB) has recommended the government to allow additional export of 0.5 million tons of sugar and…
Read More »