The Business Desk tracks economic trends, market movements, and business developments, offering analysis of both local and global financial news.
Locally manufactured petrol-powered vehicles in Pakistan could see price reductions of up to PKR 1 million through cuts in federal excise and customs duties under a draft auto policy
ABHI Microfinance Bank IPO drew bids for 1.6 times the shares offered from local and foreign investors ahead of public subscription on Nov. 12-13.
Under the framework approved on November 4, 90% of indigenous LPG will be auctioned and 10% given to state-owned marketers
Regulator also asks 30 banks about foreign exchange transactions in accounts held by the company's sponsors and directors
Pakistan’s new auto policy aims to cut vehicle prices and boost EVs, with export rewards, phased duty cuts and lower proposed taxes on electric cars
Pakistan's largest oil and gas producer plans new drilling and exploration projects as pipeline bottlenecks constrain output from key fields
