Economy

Tariff War: Systems Limited stands poised to turn challenges into opportunities
Markets

Tariff War: Systems Limited stands poised to turn challenges into opportunities

Management anticipates a 20% to 30% growth rate in IT exports

Pak Elektron poised to win big in U.S.-China tariff war
Top Stories

Pak Elektron poised to win big in U.S.-China tariff war

Higher tariffs on Chinese transformers create a golden opportunity for PAEL's export expansion

Trump’s tariffs: Pakistan’s textile sector faces short-term challenges
Top Stories

Trump’s tariffs: Pakistan’s textile sector faces short-term challenges

Potential opportunities as major competitors face higher tariffs, India & Turkey now key rivals

Pakistan’s CDWP approves development projects worth billions
Top Stories

Pakistan’s CDWP approves development projects worth billions

Minister Ahsan Iqbal calls for transparency, accountability in Dasu hydropower project cost escalations

Gold prices hit record highs in Pakistan
Top Stories

Gold prices hit record highs in Pakistan

Yellow metal soared to $3,218 per ounce — its highest ever — as investors worldwide shift towards safe-haven assets

Pakistan moves forward with PIA privatization amid debt restructuring
Business

Pakistan moves forward with PIA privatization amid debt restructuring

Government takes responsibility of 16,000 retired PIA employees

UAE and EU launch trade deal talks amid global uncertainty
UAE

UAE and EU launch trade deal talks amid global uncertainty

The UAE and the European Union have officially agreed to begin negotiations on a Comprehensive Economic Partnership Agreement (CEPA).

Pakistan to launch PKR 30 billion green bond within 2 months
Top Stories

Pakistan to launch PKR 30 billion green bond within 2 months

The bond will be sold via the Pakistan Stock Exchange

USDA warns of wheat crisis in Pakistan, 1.7 million tons may be imported
Top Stories

USDA warns of wheat crisis in Pakistan, 1.7 million tons may be imported

Decline in production is primarily due to a 7% reduction in cultivation area and unusually dry weather conditions

Pakistan finance ministry shortlists three for top EXIM Bank post
Business

Pakistan finance ministry shortlists three for top EXIM Bank post

The shortlisting comes eight months after the position fell vacant

Trump's tariff pause brings little relief as recession risk lingers
World

Trump's tariff pause brings little relief as recession risk lingers

Stocks fall, Asian indices follow, and oil prices drop

Pakistan moves to finalize PIA divestment by fiscal year's end
Top Stories

Pakistan moves to finalize PIA divestment by fiscal year's end

Fresh expression of interest to be issued this month; Roosevelt Hotel sale options explored

World Bank investment arm considering providing $300M to Pakistan’s key mining project
Top Stories

World Bank investment arm considering providing $300M to Pakistan’s key mining project

All investments in Reko Diq are subject to approval by its board and management, it says

Pakistan unveils first-ever policy framework for virtual assets
Top Stories

Pakistan unveils first-ever policy framework for virtual assets

Framework aims to enhance digital financial security, compliance with FATF standards

U.S. inflation dips in March as energy prices fall
World

U.S. inflation dips in March as energy prices fall

Grocery costs keep rising as egg prices surge 60% over the year

Pakistan's auto sales drop 18% in March
Business

Pakistan's auto sales drop 18% in March

Ramadan slows monthly sales, lower interest rates and new models fuel nine-month surge

China to reduce Hollywood film imports after Trump Tariffs
China

China to reduce Hollywood film imports after Trump Tariffs

In 2024, U.S. films generated approximately $585 million in China

Sui companies propose gas price hikes to meet financial needs
Business

Sui companies propose gas hikes

Bagasse producers move to reduce tariff

Pakistan starts preparations for new fiscal year's budget
Business

Pakistan starts preparations for new fiscal year's budget

The government expects healthy growth in remittances and exports in the fiscal year starting from July 1

US tariffs could slash Pakistan’s exports by $2 billion: report
Top Stories

US tariffs could slash Pakistan’s exports by $2 billion: report

Textiles most at risk as rising prices threaten demand; digital services seen as untapped opportunity for bilateral trade diversification