While the ban presents challenges, particularly for businesses involved in international trade, it also offers opportunities for local producers and has the potential to benefit the broader economy.
Category: Business
NEPRA Approves Electricity Price Hike: Impact on Consumers and Additional Taxes
As the government seeks to stabilize the energy sector and increase tax revenues, consumers are left to navigate the higher costs and additional financial burdens. It remains to be seen
Cabinet approves hike in base electricity tariff for various consumer categories.
The federal cabinet has approved a significant increase in the base electricity tariff for bulk, commercial, and agricultural consumers, while keeping the base tariff for […]
US Dollar Slightly Declines in Interbank, Positive Start for Pakistan Stock Exchange
The slight decrease in the US dollar’s value in the interbank market, coupled with a positive start in the Pakistan Stock Exchange, reflects ongoing market dynamics and investor sentiment.
Mixed performance in asian markets amid record wall street highs and fed rate cut hints.
Asian markets showed varied trends on Wednesday following fresh record highs on Wall Street and indications from Federal Reserve Chair Jerome Powell suggesting potential interest […]
World bank record disbursement to Pakistan in FY 2023-24.
The World Bank has disbursed a record $2.25 billion to Pakistan during the financial year 2023-24, including a significant $350 million policy loan. This historic […]
Volkswagen considers closing brussels audi plant amid declining EV demand.
Volkswagen has issued a warning about the potential closure of the Brussels site for its luxury brand Audi due to a significant decline in demand […]
Government withdraws electricity tariff increase for low-consumption consumers.
The federal government has announced the withdrawal of the recent increase in electricity tariffs for consumers using up to 200 units per month. The decision, […]
Pakistan Nears New IMF Loan rogram amid economic challenges.
Almost a month after the implementation of the ‘IMF-dictated’ budget, Pakistan is poised to enter a new loan program in the coming weeks. Sources indicate […]