Business
PSX Hits Record Highs with Historic Gains in FY25
June 10, 2025
PSX Hits Record Highs with Historic Gains in FY25
ISLAMABAD: The Pakistan Stock Exchange (PSX) delivered a historic performance in FY25, marking it as one of the best-performing stock…
Heavy Imports Deepen Trade Imbalance Despite Export Gains
June 10, 2025
Heavy Imports Deepen Trade Imbalance Despite Export Gains
ISLAMABAD: Pakistan’s export potential is being undermined by its continued dependence on imports — especially from China — leading to…
Pakistan’s Industrial Output Contracts Amid Challenges
June 10, 2025
Pakistan’s Industrial Output Contracts Amid Challenges
ISLAMABAD: Despite claims of macroeconomic stability, Pakistan’s Large-Scale Manufacturing (LSM) sector contracted by 1.5% during July-March FY25. LSM accounts for…
Pakistan Emerges as Regional IT Hub
June 10, 2025
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…
Budget 2025-26: Higher Taxes Ahead, Equity Now Replaces Broadening
June 10, 2025
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
June 7, 2025
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
June 6, 2025
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
June 6, 2025
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
June 6, 2025
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…