The State Bank of Pakistan (SBP) has categorically refuted reports circulating regarding the issuance of polymer (plastic) notes, labeling them as baseless and lacking substance. […]
Category: Business
Record Increase in Weekly Inflation Rate in Lahore
The record increase in the weekly inflation rate in Lahore reflects the broader economic challenges confronting the government. Addressing these challenges will require concerted efforts to stabilize prices, enhance food security, and promote sustainable economic growth.
Pakistan’s Food Exports Increase by $4 Billion: Opportunities and Challenges
Another challenge is the limited access to international markets and trade barriers imposed by other countries. Pakistan needs to negotiate favorable trade agreements and expand its market access to capitalize on its agricultural potential fully.
Finance minister’s indication of possible rate cuts boosts Pakistan stock market.
Finance Minister Muhammad Aurangzeb’s suggestion of potential rate cuts in the coming months, coupled with Pakistan’s progress in meeting IMF conditions, spurred a significant surge […]
Toyota agrees to largest wage increase in 25 years, paving the way for economic shift.
In a significant development, Toyota Motor has agreed to grant its factory workers the most substantial pay raise in 25 years, setting the stage for […]
Punjab government approves major public transport initiatives.
The Punjab government has given the green light to two significant transportation projects aimed at improving public mobility and reducing environmental impact. One of these […]
Punjab government greenlights ambitious public transport and housing initiatives.
In a significant move aimed at enhancing public welfare, the Punjab government has approved a comprehensive project to revolutionize the public transport system across major […]
Saudi Arabia and UAE oil giants plan lithium extraction from brine to diversify economies.
Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) are reportedly in the early stages of efforts to extract lithium from brine in their oilfields, […]
Gold prices surge to record highs, eyeing seventh consecutive daily gain.
Gold prices continued their upward trajectory, marking their seventh consecutive daily rise and hitting new record highs on Thursday. The surge was propelled by weak […]