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Category: Business

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Economic Recovery in Progress, But Mini-Budget Likely, Says Ali Pervaiz Malik
  • Business

Economic Recovery in Progress, But Mini-Budget Likely, Says Ali Pervaiz Malik

  • Usama Mudassar
  • September 14, 2024
  • 0

While Pakistan’s economic outlook seems to be stabilizing, Ali Pervaiz Malik’s acknowledgment of the potential mini-budget indicates that challenges still lie ahead. With IMF-driven fiscal policies

PIA Privatization: Bidders Propose New Investment Strategies Amid Government Negotiations
  • Business

PIA Privatization: Bidders Propose New Investment Strategies Amid Government Negotiations

  • Usama Mudassar
  • September 8, 2024
  • 0

The privatization of PIA is at a critical juncture, with both the government and potential buyers working to find common ground. The bidders’ proposals to reinvest the bid amount

Oil prices hold at 14-month low amid US and china demand concerns and Increased libyan supply.
  • Business

Oil prices hold at 14-month low amid US and china demand concerns and Increased libyan supply.

  • Ibtehaj Tahir
  • September 6, 2024
  • 0

Oil prices remained at a 14-month low on Thursday, as concerns over weak demand in the US and China, along with potential supply increases from […]

FBR Set to Hike Property Prices in 42 Major Cities to Boost Revenue
  • Business

FBR Set to Hike Property Prices in 42 Major Cities to Boost Revenue

  • Usama Mudassar
  • September 6, 2024
  • 0

The FBR’s decision to raise property prices in 42 major cities is a significant move aimed at increasing tax revenue and addressing long-standing issues of undervaluation in the real estate sector.

Pakistan Seeks $1.75 Billion in Loans to Bridge Financing Gaps Amid Economic Challenges
  • Business

Pakistan Seeks $1.75 Billion in Loans to Bridge Financing Gaps Amid Economic Challenges

  • Usama Mudassar
  • September 5, 2024
  • 0

In addition to these loan requests, Pakistan is also negotiating with Saudi Arabia for an oil facility on deferred payment terms, which would provide much-needed relief to the country’s foreign exchange reserves

Wall street declines over 1% as investors weigh weak factory data ahead of labor reports.
  • Business

Wall street declines over 1% as investors weigh weak factory data ahead of labor reports.

  • Ibtehaj Tahir
  • September 4, 2024
  • 0

Wall Street’s main indexes dropped by more than 1% on Tuesday as investors reacted to subdued factory activity data, anticipating the impact of upcoming labor […]

Stability in Gold Prices: A Closer Look at the Current Market Trends in Pakistan
  • Business

Stability in Gold Prices: A Closer Look at the Current Market Trends in Pakistan

  • Usama Mudassar
  • September 3, 2024
  • 0

As gold continues to be a crucial asset in Pakistan, understanding the factors that influence its price is vital for making sound financial decisions. Whether you are a consumer looking to buy gold

Significant Improvement in Pakistan’s Foreign Exchange Reserves and Rupee Value Over the Past Year
  • Business

Significant Improvement in Pakistan’s Foreign Exchange Reserves and Rupee Value Over the Past Year

  • Usama Mudassar
  • September 3, 2024
  • 0

As Pakistan continues to implement reforms and strengthen its financial sector, further improvements in economic indicators are expected. The ongoing efforts to enhance foreign exchange reserves and stabilize

Rising Food Prices Strain Household Budgets: A Look at the Latest Price Hikes in Chicken, Vegetables, and Fruits
  • Business

Rising Food Prices Strain Household Budgets: A Look at the Latest Price Hikes in Chicken, Vegetables, and Fruits

  • Usama Mudassar
  • September 2, 2024
  • 0

The recent surge in food prices, particularly for chicken, vegetables, and fruits, is a cause for concern for consumers across the country. As essential food items become more expensive

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