Business

PSX Hits Record Highs with Historic Gains in FY25

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

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

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

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…
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