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Pakistan Emerges as Regional IT Hub

Pakistan Emerges as Regional IT Hub

ISLAMABAD: Pakistan’s IT and IT-enabled services (ITeS) exports showed remarkable growth, rising by $541 million to reach $2.82 billion during…

ISLAMABAD: Despite reaching a total installed power generation capacity of 46,605 megawatts in FY2024-25, Pakistan’s electricity consumers remain burdened by…
Budget 2025-26: Higher Taxes Ahead, Equity Now Replaces Broadening

Budget 2025-26: Higher Taxes Ahead, Equity Now Replaces Broadening

ISLAMABAD: With limited space for fresh tax reforms, the Shehbaz Sharif-led government has decided to reframe its fiscal strategy by…
Gemini Files Confidentially for US IPO Amid Crypto Boom

Gemini Files Confidentially for US IPO Amid Crypto Boom

ISLAMABAD: Gemini, the cryptocurrency exchange founded by billionaire twins Tyler and Cameron Winklevoss, has confidentially filed for an initial public…
Procter & Gamble Announces 7,000 Job Cuts Amid Trade Uncertainty

Procter & Gamble Announces 7,000 Job Cuts Amid Trade Uncertainty

ISLAMABAD: Procter & Gamble (P&G), the global consumer goods giant, revealed plans to cut 7,000 jobs over the next two…
Pakistan’s Foreign Reserves Hold at $16.6 Billion Amid Mixed Trade Signals

Pakistan’s Foreign Reserves Hold at $16.6 Billion Amid Mixed Trade Signals

ISLAMABAD: Pakistan’s total foreign exchange reserves stood at US$16.6 billion for the week ending May 30, 2025, reflecting modest stability…
Budget 2025-26: Pakistan May Cut Cosmetic Taxes to Boost Trade

Budget 2025-26: Pakistan May Cut Cosmetic Taxes to Boost Trade

ISLAMABAD: The federal government is likely to announce a significant reduction in import duties on cosmetic products in the upcoming…
PM Approves Major Cut in Import Duties to Boost Industry

PM Approves Major Cut in Import Duties to Boost Industry

ISLAMABAD: Prime Minister Shehbaz Sharif has approved a significant reduction in import duties on over 7,000 tariff lines, focusing mainly…
‘Flawed’ Policies Behind Sharp 13.5pc Decline in Major Crops, Admits Planning Commission

‘Flawed’ Policies Behind Sharp 13.5pc Decline in Major Crops, Admits Planning Commission

ISLAMABAD: The Planning Commission has acknowledged that poor policy decisions at both federal and provincial levels have caused a drastic…
Pakistan Signs $300 Million Loan Agreement with ADB to Boost Economic Reforms

Pakistan Signs $300 Million Loan Agreement with ADB to Boost Economic Reforms

ISLAMABAD: In a major step toward economic stability and fiscal reform, the Government of Pakistan has signed a USD 300…
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