Karachi: Muhammad Hanif Lakhani, former Vice President of the Federation of Pakistan Chambers of Commerce and Industry, has criticized the Federal Budget 2025-26, labeling it as harmful to the industry. Lakhani expressed concerns over the government’s…
Karachi: Pakistan’s current account balance recorded a deficit of $103 million in May 2025, marking a significant shift in the nation’s financial outlook. The latest figures, released by JS Global, indicate a growing trade deficit as the primary facto…
Karachi: Pakistani car buyers are increasingly opting for hybrid vehicles despite the significant price gap between these and their petrol counterparts, raising questions about the cost-effectiveness of hybrids in the local market. More than 35,000 SU…
Lahore: In an effort to enhance bilateral relations and tap into new economic opportunities, Pakistan and China are prioritizing cultural diversity as a fundamental aspect of their strategic partnership, according to Nazir Hussain, President of the Pa…
Lahore: Fertilizer sales in Pakistan showed signs of recovery for the first time in calendar year 2025, according to a recent report by AKD Securities Limited. The resurgence is attributed to the introduction of interest-free loans under the Punjab Ki…
Karachi: The State Bank of Pakistan (SBP) announced it would keep the policy rate unchanged at 11%, highlighting concerns over rising imports and geopolitical tensions in the Middle East. These factors were identified as significant risks contributing…