Tag: BUSINESS
17 Oct 2025
Nestle to cut thousands of jobs worldwide as part of cost cutting drive
Nestle’s share price was up 7.5% shortly after its trading update and job cuts were announced to have better reach and sales.
18 Sep 2025
Yango Tech partners with Naheed Supermarket to power grocery delivery through SuperApp in Karachi
This partnership is part of Yango Pakistan’s broader strategy to bring AI-powered B2B solutions to Pakistani businesses
15 Sep 2025
SBP keeps policy rate unchanged at 11pc amid inflation risks due to floods
The business community expressed disappointment at the decision, while financial markets reacted positively
12 Sep 2025
SBP dismisses rumours of 'Rizq-e-Halal' inscription missing from new banknotes
Several posts circulating on platforms claimed that the absence of the inscription blurred the distinction between halal and haram income
16 Aug 2025
‘Pakistanis pay the lowest taxes in the world,’ says Ahsan Iqbal
Ahsan Iqbal admitted that Pakistan still borrows for expenditures.
1 Aug 2025
US reduces tariff on Pakistani goods to 19%
Pakistan is among the 69 countries that have to pay a tariff.
17 Jul 2025
Govt to shut down Utility Stores by July 31
USC currently operates more than 4,000 outlets nationwide
14 Jul 2025
Shares cross 135,500 mark amid positive economic indicators
Pakistan received a record-breaking $38.3 billion in worker remittances.
3 Jun 2025
Pakistan to get $800 million from ADB for fiscal stability, despite Indian opposition
ADB Country Director for Pakistan, Emma Phan, noted that the country has made significant progress in stabilising its economy.
29 May 2025
In a first, Pakistan establishes its govt-led strategic Bitcoin reserve
The statement highlighted that Pakistan hosts over 40 million crypto wallets.
24 May 2025
IMF urges Pakistan to keep inflation between 5% and 7%
The IMF highlighted key areas for reform, including a primary surplus target of 1.6%.
15 May 2025
Price hikes lift Pakistan's pharma sales above Rs1 trillion
The industry experts believed that the surge was primarily driven by rising prices.
14 May 2025
IMF disburses $1.23 billion tranche to Pakistan's account
Despite India’s request to halt tranche, IMF approved it.
3 May 2025
Pakistan sees lowest inflation in 60 years at 0.3%
During the 10 months of the ongoing fiscal year, a significant drop of 25.97% was recorded compared to last year.