Top Insights
Business
Prime Minister Shehbaz Sharif Chairs Meeting on SMEDA
Prime Minister Muhammad Shehbaz Sharif presided over a meeting regarding the Small and Medium Enterprises Development Authority (SMEDA). He emphasized that small and...
Government has decided to shut down Utility Stores
The federal government has decided to shut down Utility Stores, giving the administration two weeks to finalize matters. According to the Utility Stores...
Karachi Chamber Supports Nationwide Strike on 28 August, 2024
Trader leader Rizwan Irfan has contacted Businessmen Group Chairman Zubair Motiwala regarding the nationwide strike scheduled for August 28.In his conversation with the...
KCCI has called for a Rs. 14 reduction in electricity rates for Sindh
The Karachi Chamber of Commerce and Industry (KCCI) has called for a Rs. 14 reduction in electricity rates for Sindh, similar to the...
Pakistan’s Current Account Deficit Narrows but Remains in Deficit
Pakistan’s current account could not achieve a surplus but did see a significant reduction in the deficit, according to the latest data released...
Cotton Production in Pakistan Severely Affected by Climate Change and Reduced Cultivation
Cotton arrivals in Pakistan have sharply declined by 49.2% as of August 15, with only 1.075 million bales reported, according to the Pakistan...
Pakistan Business Council Warns of Multinational Companies Leaving Due to Firewall Issues
The Pakistan Business Council (PBC) has raised concerns that several multinational companies are planning to relocate their offices from Pakistan due to widespread...
China’s BYD to Set Up EV Factory in Karachi by 2026
China’s electric vehicle manufacturer, BYD, is set to establish an EV factory near Port Qasim in Karachi, with completion targeted for mid-2026.Partnering with...
Cement Prices in Punjab to Increase by Rs. 75 Per Bag
Cement prices in Punjab are set to rise by Rs. 75 per bag due to a court order that allows manufacturers to offset...
P@SHA Condemns National Firewall’s Impact on Pakistan’s IT Sector
The Pakistan Software Houses Association (P@SHA) has strongly criticized the recent implementation of the national firewall, which is causing severe disruptions in Pakistan’s...
