FLASHNEWS:

Category: Business

Pakistan’s Manufacturing Sector Faces Continued Decline

Islamabad: The Pakistan Bureau of Statistics (PBS) has reported a 3.7% year-on-year decrease in Large Scale Manufacturing (LSM) for December 2024, marking the third consecutive year of negative growth in the first half of the fiscal year.

According…

Trade Bodies Protest Government Decision to Hold Early Elections

Karachi: The Chairman of the All Pakistan Motorcycle Spare Parts Importers and Dealers Association (AP MASPDA), Sohail Osman, voiced his concerns regarding the federal government’s decision to conduct new elections for trade bodies in 2025.

Accordi…

Currency Exchange Rates Show Stability Amid Economic Uncertainty

Karachi: Recent currency exchange rates have shown stability despite ongoing economic uncertainty, as revealed in a press release from the Exchange Companies Association of Pakistan. The rates, which were released on February 20, 2025, indicate minor …

Hub Industrial Sector Plans Emergency Strike Over Water Shortage

HUB, Pakistan: The industrial sector in Hub, a pivotal manufacturing area, has announced an emergency strike scheduled for February 20, 2025, in response to persistent water shortages. The decision follows repeated, yet unresolved complaints to local …