Business Desk

Business Desk

The Business Desk tracks economic trends, market movements, and business developments, offering analysis of both local and global financial news.

Pakistan central bank tightens net on trade-based money laundering
Business

Pakistan central bank tightens net on trade-based money laundering

Updated framework introduces stricter red flags, advanced analytics, and global best practices to help banks detect and prevent illicit financial flows through trade channels

SBP lifts lien rule on delayed export proceeds, unlocking funds for exporters
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SBP lifts lien rule on delayed export proceeds, unlocking funds for exporters

Central bank ends policy allowing banks to freeze exporters’ earnings over payment delays, aiming to ease cash-flow pressures and boost business confidence

Pakistan calls for ‘plastic tax’ on rich nations
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Pakistan calls for ‘plastic tax’ on rich nations

In its statement to INC-5.2, the country says the global south is bearing a disproportionate burden of excessive plastic consumption in developed countries

Pakistan's auto sales increase 28% in July
Business

Pakistan's auto sales increase 28% in July

The number of units sold fell by almost half compared to June

Experts call for urgent climate financing as Pakistan deals with natural disasters
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Experts call for urgent climate financing as Pakistan deals with natural disasters

In a new report, OICCI outlines actions for regenerative agriculture, decarbonization and carbon market development