Buisness Archives - Page 3 of 10

US, China, and UK Continue as Top Export Markets

ISLAMABAD: The United States maintained its position as the leading export destination for Pakistani goods during the first eight months of the fiscal year 2024-25, followed by China and the…

Admin March 20, 2025

Buisness

PSX Hits Record High, Driven by Local Institutions

KARACHI: The Pakistan Stock Exchange (PSX) surged to an unprecedented high on Wednesday, nearing the 118,000 mark, as it continued its upward trajectory with a gain of over 950 points.…

Admin March 20, 2025

Buisness

SECP Invites Feedback on Capital Issuance

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has released a consultation paper seeking public feedback on a proposed policy framework for companies issuing ordinary shares with varying rights…

Admin March 20, 2025

World Bank Approves 2M to Strengthen Pakistan’s Microfinance Sector

Buisness

World Bank Approves $102M to Strengthen Pakistan’s Microfinance Sector

The World Bank's Board of Directors has approved $102 million in financing for the Resilient and Accessible Microfinance (RAM) Project, aimed at enhancing access to microcredit and bolstering the resilience…

Admin March 19, 2025

Buisness

India and New Zealand to Begin Free Trade Agreement Talks, Says Modi

India and New Zealand have agreed to initiate detailed negotiations for a mutually beneficial free trade agreement (FTA), Indian Prime Minister Narendra Modi announced on Monday following discussions with New…

Admin March 17, 2025

Buisness

Government Employees Unlikely to Get Pay Raise in Next Budget: Finance Ministry

In a significant setback for public servants, Finance Minister Muhammad Aurangzeb announced on Monday that the government is not considering any proposals to raise the salaries or pensions of federal…

Admin March 17, 2025

Buisness

Pakistan establishes Crypto Council for blockchain and digital asset regulation

The Pakistani government has officially established the Pakistan Crypto Council (PCC) to oversee and integrate blockchain technology and digital assets into the nation’s financial system, as announced by the Finance…

Admin March 14, 2025

Buisness

Pakistan’s exports to the US rise 11.23% in seven months of FY25

ISLAMABAD: Pakistan's exports of goods and services to the United States witnessed an 11.23% increase during the first seven months of the fiscal year 2024-25 compared to the same period…

Admin March 12, 2025

Buisness

Passenger Car Sales Surge 44.6% in First Eight Months of Fiscal Year Amid Rising Demand

KARACHI: Passenger car sales in Pakistan witnessed a significant surge of 44.6%, reaching 67,135 units in the first eight months of the current fiscal year. This growth, compared to the…

Admin March 12, 2025

Buisness

Govt Moves Forward with Roosevelt Hotel Privatisation Through Open Bidding

ISLAMABAD: The government has directed the Privatisation Commission to proceed with the privatisation of the Roosevelt Hotel in New York through competitive bidding, leaving the decision on whether to pursue…

Admin March 12, 2025