China’s Geely Auto has announced an ambitious annual sales target of 2.71 million units by 2025, CEO Gan Jiaoyue revealed during an online investor conference. […]
Category: Business
Pakistan Stock Exchange Hits Record High on First Day of the New Year
The Pakistan Stock Exchange (PSX) kicked off the new year with a remarkable performance, as the 100 Index soared to a new all-time high. Although the day began on a negative note
Pakistan Stock Exchange Soars in 2024: 84% Growth Marks a Historic Year
The year 2024 marked an extraordinary chapter for the Pakistan Stock Exchange (PSX), with the 100 Index recording an unprecedented growth of 84%. The year witnessed
Smart Meter Delays Impact Electricity Sales and Consumer Access in Pakistan
The Prime Minister has directed the Power Division to expedite the installation of smart meters across Pakistan, yet the distribution companies (DISCOs) have struggled to meet this mandate.
Pakistan Stock Market Surges Past 112,000 Points: A Positive Start to the Week
The Pakistan Stock Market kicked off the new business week with a remarkable performance, signaling renewed investor confidence and economic optimism. The stock exchange witnessed a significant surge,
State Bank Raises Paid-Up Capital for Exchange Companies to Rs. 1 Billion: New Regulations Explained
In a significant move to enhance the stability and compliance of exchange companies, the State Bank of Pakistan (SBP) has raised the required paid-up capital for exchange companies to Rs. 1 billion.
Russia services sector growth slows to three-month low in december.
Growth in Russia’s services sector eased in December, with the S&P Global Russia Services PMI Business Activity Index falling to 51.2 from November’s 53.2, marking […]
Pakistan and Azerbaijan Sign Landmark Gas Supply Agreement: A Boost to the Energy Sector
Pakistan and Azerbaijan have achieved a significant milestone in the energy sector with the signing of a government-to-government gas supply agreement. This collaboration
Dewan farooque motors to assemble Chinese electric trucks in Pakistan.
Dewan Farooque Motors Limited, a prominent Pakistani automobile importer and manufacturer, has announced plans to locally assemble Chinese electric trucks, with the launch of the […]