Textile exports in Pakistan show significant growth
Exports increased by 18% year-on-year (YoY) to approximately USD 1.56 billion. On a month-over-month (MoM) basis, exports rose by 26%
Rise in local mobile phone manufacturing in Pakistan
Pakistan saw a remarkable increase in the manufacturing and assembly of mobile phones, with 2.23 million units produced locally. This represents a 55% year-over-year
Inflation in Pakistan expected to decline in June 2024
The headline inflation rate is predicted to be 11.4% year-on-year (YoY), compared to 11.8% in the previous month
HUBC expands into the electric vehicle business with BYD Auto in Pakistan
The Hub Power Company Limited (HUBC) and Mega Motor Company joined BYD Auto for an electric vehicle venture in Pakistan.
Impact of Budget FY25 on each sector
A 10% super tax on banking companies for the tax year 2023 and subsequent years.
TBL reports an insider transaction worth over Rs 5 million
Treet Battery Limited (TBL) reported a transaction by a substantial shareholder.
Pakistan Federal Budget 2024-25: Key Highlights and Impacts
The Finance Minister has unveiled the federal budget for 2024-25, a critical step for securing the new IMF program. The budget reflects the government's commitment...
Pakistan Gov’t sets optimistic targets for the Budget 2024-25
The Finance Minister has presented the much-awaited federal budget for the fiscal year 2024-25. This budget is crucial for securing the new IMF program and...