Pak Suzuki Expands Horizons: Starts Exporting Vehicles to Bangladesh and Afghanistan
KARACHI: Pak Suzuki’s CEO, Hiroshi Kawamura, announced that the company has started exporting vehicles to Bangladesh and Afghanistan. This news…
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CCP Approves Major International Merger in Pakistan’s Steel Industry
ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved a major merger in the steel industry with international impact. This…
China Tightens Drone Export Rules Amid Western Concerns
BEIJING: Starting September 1, China will revise its drone export rules. The changes will include adding high-precision measurement tools to…
Textile Exports Struggle Due to High Taxes and Energy Costs
ISLAMABAD: Pakistan’s textile and clothing exports slightly increased by 0.93% in FY24, reaching $16.55 billion from $16.50 billion the previous…
PALSP Calls for Renegotiation of IPP Agreements to Save Pakistan’s Steel Industry
The steel industry in Pakistan is struggling due to high electricity costs and unfair capacity charges. Many steel plants have…
S&P Global Maintains Pakistan’s Credit Rating at ‘CCC+’ Amid Economic Challenges and Foreign Aid Dependence
ISLAMABAD: Standard & Poor’s (S&P Global Ratings) has maintained Pakistan’s long-term credit rating at “CCC+” and short-term rating at “C”….
SECP Introduces New Format for Clearer Insurance Illustrations
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has introduced a new format for insurance illustrations to make them…
Dubai Tops Rental Growth Charts in 2024, Surpassing Major Cities: Savills Report
Dubai has topped a list of 30 cities with the strongest rental growth in the first half of 2024, showing…
PHDEC Webinar Sheds Light on Pecan Nut Potential in KP
ISLAMABAD – On Tuesday, the Pakistan Horticulture Development & Export Company (PHDEC) hosted an informative Zoom webinar titled “Pecan Nuts:…
Finance Ministry Forecasts 12-13% Inflation for July 2024
ISLAMABAD – The Ministry of Finance expects inflation to be between 12-13% for July 2024. They predict a rate of…