Business

EPBD demands bold monetary action as regional competitors surge ahead

EPBD demands bold monetary action as regional competitors surge ahead

LAHORE: Ahead of the upcoming Monetary Policy Committee meeting on July 30, Pakistan’s businesses face an existential threat from unsustainable…
Oil rises as US-EU deal boosts trade optimism

Oil rises as US-EU deal boosts trade optimism

SINGAPORE: Oil prices rose on Monday after the United States clinched a trade deal with the European Union and may…
Qatar threatened to cut EU LNG supplies over sustainability law, letter shows

Qatar threatened to cut EU LNG supplies over sustainability law, letter shows

BRUSSELS: Qatar has threatened to cut gas supplies to the European Union in response to the bloc’s due diligence law…
PM approves Pakistan’s first Skills Impact Bond to make youth employable

PM approves Pakistan’s first Skills Impact Bond to make youth employable

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif approved Pakistan’s first Skills Impact Bond – a modern model that will attract private…
WB impressed by Pakistan’s commitment to foster inclusive economic growth

WB impressed by Pakistan’s commitment to foster inclusive economic growth

ISLAMABAD: The World Bank’s Vice President for the Middle East, North Africa, Afghanistan and Pakistan (MENAAP) region, Ousmane Dione, concluded…
FBR extends sales tax, excise return filing deadline

FBR extends sales tax, excise return filing deadline

The Federal Board of Revenue (FBR) has officially extended the deadline for filing sales tax and federal excise duty returns…
Govt slashes profit rates on National Savings Schemes

Govt slashes profit rates on National Savings Schemes

ISLAMABAD: The federal government has reduced profit rates on various National Savings Schemes, which will be effective from July 28,…
ECC approves Pakistan Green Taxonomy to finance eco-friendly projects

ECC approves Pakistan Green Taxonomy to finance eco-friendly projects

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, chaired by Federal Finance Minister Senator Muhammad Aurangzeb, has approved a…
BYD unveils Pakistan’s first plug-in hybrid pickup truck ‘Shark 6’

BYD unveils Pakistan’s first plug-in hybrid pickup truck ‘Shark 6’

Chinese automotive giant BYD launched Pakistan’s first plug-in hybrid electric vehicle (PHEV) pickup truck, introducing the Shark 6 at a…
SBP introduces easier bank account opening framework

SBP introduces easier bank account opening framework

KARACHI: The State Bank of Pakistan (SBP) has introduced a comprehensive framework to simplify the account opening process for individual…
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