Business
Tasdeeq to Launch PSX IPO, Becoming South Asia’s First Listed Credit Bureau
Honda Atlas Profit 2025 Rises on Higher Sales
KARACHI: Honda Atlas Cars (Pakistan) Limited (HCAR) reported a strong financial performance, as Honda Atlas profit 2025 surged by 16% year-on-year to Rs2.7 billion, driven…
Pakistan’s Imports from Neighbors Soar, Exports Lag Behind in FY25
Pakistan’s trade deficit with nine neighboring countries expanded by 34.64% in the first ten months of the fiscal year 2024-25 (FY25), reaching $9.787 billion compared…
Pakistan’s Imports from India Increased in FY25
Despite diplomatic tensions and longstanding trade restrictions, Pakistan’s imports from India have seen a notable increase in the fiscal year 2024-25 (FY25). According to the…
IMF Relief Measures for Pakistan Budget 2025 Still Under Review
Amid ongoing negotiations, officials concerned have not yet approved IMF relief measures for Pakistan budget 2025, as discussions with the government continue over proposed tax…
Amazon Now Delivers With Drones In These Areas
Amazon users from Arizona or Texas can now get their products delivered within 60 minutes, with Amazon’s air drone delivery. Amazon’s Prime Air drone delivery…
Global Chocolate Crisis Looms, But Why Is No One Talking About It?
Reports indicate that the European Union is facing a significant disruption in its food supply, particularly concerning cocoa imports, which has led to a ‘Chocolate…
SECP Halts United Insurance’s Guarantee Business over Unpaid Billions
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has ceased the guarantee business of The United Insurance Company of Pakistan Limited, following a series…
FBR to Block SIMs of 450,000+ Non-Filers ( Shared data with Telecos)
In a major push to expand the tax base, the Federal Board of Revenue (FBR) has initiated a campaign involving SIM blocking for non-filers, sharing…
Senate Told High Taxes Pushing Firms to Dubai
ISLAMABAD: The Senate Standing Committee on Finance and Revenue has voiced alarm over rising Pakistani business migration to Dubai, with members citing high taxation and…
Senate Raises Concern Over Sales Tax Refund Delay for Key Export Sectors
ISLAMABAD: The Senate Standing Committee on Finance and Revenue has raised serious concern over the persistent sales tax refund delay, particularly affecting the food export…
SBP Regulatory Sandbox Introduced to Boost Fintech Innovation
KARACHI: The State Bank of Pakistan (SBP) has officially unveiled the SBP regulatory sandbox guidelines as part of its broader Vision 2028 strategy. This platform…
Tesla Revealed $10 million Payments to Powerwall Plants in 2024
Tesla announced that it paid nearly $10 million to Powerwall owners in 2024 through its Virtual Power Plant (VPP) programs. A VPP works by…
