Karachi: Pakistan’s auto industry is poised for significant profitability growth, with a projected 52% year-over-year increase in the fourth quarter of fiscal year 2026, reaching Rs18.4 billion, according to recent data. This surge is primarily attrib…
Karachi: Pakistan’s current account posted a deficit of $139 million for the fiscal year FY26, marking a significant shift from the previous year’s surplus of $1.838 billion. This represents a 108% year-over-year change, although the deficit remains m…
Karachi: The Union of Small and Medium Enterprises (UNISAME) has proposed the adoption of “pay-as-you-earn” (PAYE) leasing schemes to address the financial challenges faced by small and medium enterprises (SMEs) in Pakistan. This financing method enab…
Karachi: Meezan Bank’s newly established Regional Headquarters, Meezan Tower Islamabad, has received the esteemed LEED Gold Certification from the U.S. Green Building Council and Green Business Certification Inc. This achievement underscores the bank’…
Karachi: A significant reduction in cotton cultivation has raised alarms about the future of Pakistan’s agricultural sector, with concerns over rural livelihoods and the country’s textile exports. Mian Zahid Hussain, President of the Pakistan Business…
KARACHI: The Salt Manufacturers Association of Pakistan (SMAP) has expressed strong support for the Chief Minister Punjab Pink Salt Value Addition Financing Scheme, which is seen as a significant initiative for the advancement of Pakistan’s mineral se…