Buisness Archives - Page 7 of 11

UK Government Urges Businesses to Boost Investment

Pakistan Invites UK Businesses to Invest in Key Sectors ISLAMABAD:Acting Senate Chairman Syedaal Khan on Thursday encouraged British businesses to explore investment opportunities in Pakistan, emphasizing the country's investor-friendly…

Admin February 7, 2025

Buisness

Trump’s US Tariff Changes Likely to Boost Pakistan’s Economy: Report

The recent US tariffs on China, Mexico, and Canada are expected to have a positive impact on Pakistan's economy, especially given the country’s reliance on imports, according to AKD Securities.…

Admin February 5, 2025

Buisness

Government Grants Licenses to 57 Electric Vehicle Manufacturers

The government has issued licenses to 57 electric vehicle (EV) manufacturers, marking a key milestone in Pakistan's push towards green transportation solutions and tackling climate change. This initiative is part…

Admin February 4, 2025

Buisness

US Considers Acquiring TikTok as Trump Establishes Sovereign Wealth Fund

WASHINGTON: President Donald Trump has issued an executive order to establish a sovereign wealth fund, which he claims could facilitate the acquisition of TikTok. The directive tasks the US…

Admin February 4, 2025

Buisness

Trump Suspends Tariffs on Canada and Mexico While Maintaining Pressure on China

Trump Delays Tariffs on Canada and Mexico but Maintains Pressure on China US President Donald Trump announced Monday a 30-day delay on imposing high tariffs on Mexico and Canada after…

Admin February 4, 2025

Buisness

Trump to impose oil tariffs on February 18, with potential reduction on Canadian crude duties

WASHINGTON: US President Donald Trump has revealed that his administration intends to implement tariffs on oil and gas imports starting around February 18, with a possible reduction in duties on…

Admin February 1, 2025

Buisness

Alibaba Unveils New AI Model

Alibaba Launches New AI Model to Rival Competitors BEIJING: On Wednesday, Chinese tech giant Alibaba unveiled the Qwen 2.5-Max, an upgraded version of its artificial intelligence (AI) model, claiming…

Admin January 30, 2025

Buisness

FBR to Defy Senate Directive and Purchase 1,010 Vehicles for Officers

Despite the Senate Standing Committee's directive to cancel the purchase of 1,010 new cars for tax officers, Federal Board of Revenue (FBR) Chairman Rashid Langrial has confirmed that the purchase…

Admin January 26, 2025

Buisness

Finance Minister Pledges ‘Transparency’ in FBR Vehicle Procurement

ISLAMABAD: Finance Minister Muhammad Aurangzeb assured on Friday that the procurement of 1,010 vehicles for the Federal Board of Revenue (FBR) would be carried out with complete transparency, addressing…

Admin January 24, 2025

Buisness

Setback for New Currency Notes Due to Outdated Machinery

Security Papers Limited (SPL) has requested additional time to produce new currency notes, citing the need to upgrade its machinery to meet international standards. The company plans to complete the…

Admin January 22, 2025