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Category: Business

Toyota IMC Boosts Local Production with Additional Rs. 1.1 Billion Investment
BusinessNews
byHafiz Rahat UsamaSeptember 2, 2024September 2, 2024

Toyota IMC Boosts Local Production with Additional Rs. 1.1 Billion Investment

Indus Motor Company Limited (PSX: INDU), the assembler of Toyota vehicles in Pakistan, has announced an additional investment of Rs.…

PIA Privatization on Track for Completion by October 1st: Key Developments
BusinessEconomy
byHafiz Rahat UsamaAugust 31, 2024August 31, 2024

PIA Privatization on Track for Completion by October 1st: Key Developments

The Privatization Commission Secretary has confirmed that the sale of Pakistan International Airlines (PIA) will be completed by October 1st.…

Pakistan’s Top Export Destinations: US, UAE, and UK Leading the Way 1
BusinessEconomy
byHafiz Rahat UsamaAugust 31, 2024August 31, 2024

Pakistan’s Top Export Destinations: US, UAE, and UK Leading the Way 1

Pakistan’s export landscape has evolved significantly, with the United States, the United Arab Emirates (UAE), and the United Kingdom (UK)…

Pakistan’s Startups Set Sail for Saudi Arabia 2024
BlogsBusinessNews
byHafiz Rahat UsamaAugust 27, 2024August 27, 2024

Pakistan’s Startups Set Sail for Saudi Arabia 2024

Pakistan’s thriving startup ecosystem is expanding its horizons, with the Pakistani Embassy in Saudi Arabia taking the lead in facilitating…

Pakistan’s Startups Shine on the Global Stage 2024 News
BlogsBusinessNews
byHafiz Rahat UsamaAugust 27, 2024August 27, 2024

Pakistan’s Startups Shine on the Global Stage 2024 News

Two Pakistani startups, DealCart and NayaPay, have made history by being included in Forbes Asia’s prestigious “100 to Watch” list…

Chinese Broiler Eggs Enter Pakistani Markets Amid Rising Poultry Demand 1
BlogsBusinessEconomyLifestyle
byHafiz Rahat UsamaAugust 26, 2024August 26, 2024

Chinese Broiler Eggs Enter Pakistani Markets Amid Rising Poultry Demand 1

Pakistan has received its first shipment of Chinese broiler eggs, marking a significant milestone in the country’s efforts to meet…

Pakistan Stands with Bangladesh: PM Shehbaz Sharif Offers Flood Relief Support 1
BlogsBusinessEconomy
byHafiz Rahat UsamaAugust 24, 2024August 24, 2024

Pakistan Stands with Bangladesh: PM Shehbaz Sharif Offers Flood Relief Support 1

Prime Minister Shehbaz Sharif has extended an offer of assistance to Bangladesh in response to the severe floods that have…

Yango Launches Delivery Service in Pakistan’s Three Largest Cities
BusinessNewsTravelTrending
bywebdeskAugust 23, 2024August 23, 2024

Yango Launches Delivery Service in Pakistan’s Three Largest Cities

Yango Introduces Express and Cargo Tariffs in Lahore, Islamabad, and Karachi ISLAMABAD: Yango Group, a global tech company that creates…

PIA Tops LESCO’s List of Defaulters with Outstanding Debt of PKR 260 Million
BlogsBusinessEconomy
byHafiz Rahat UsamaAugust 22, 2024August 22, 2024

PIA Tops LESCO’s List of Defaulters with Outstanding Debt of PKR 260 Million

The Lahore Electric Supply Company (LESCO) has recently spotlighted several government institutions that have amassed substantial unpaid electricity bills. Among…

ADB Country Director Meets President Zardari: A Step Towards Strengthening Economic Ties
BlogsBusinessEconomy
byHafiz Rahat UsamaAugust 22, 2024August 22, 2024

ADB Country Director Meets President Zardari: A Step Towards Strengthening Economic Ties

In a significant development, the Asian Development Bank’s (ADB) Country Director for Pakistan met with President Asif Ali Zardari to…

Pakistan and UAE Strengthen Bilateral Ties, Explore 1 New Investment Avenues
BlogsBusiness
byUzma SaharAugust 21, 2024August 22, 2024

Pakistan and UAE Strengthen Bilateral Ties, Explore 1 New Investment Avenues

Pakistan and the United Arab Emirates (UAE) have reaffirmed their commitment to enhancing bilateral relations by exploring new investment opportunities…

Schedule for Privatization of DISCOs Prepared, International 1 Advertising Launched
BusinessEconomy
byUzma SaharAugust 21, 2024August 22, 2024

Schedule for Privatization of DISCOs Prepared, International 1 Advertising Launched

The federal government has accelerated the privatization process of Pakistan’s Electricity Distribution Companies (DISCOs) with significant steps already underway. This…

US Introduces the Heartland Visa: A New Path to Permanent Residency Focused on Economic Revival
BlogsBusinessEconomyNewsTravel
bySumavaya IqbalAugust 21, 2024August 22, 2024

US Introduces the Heartland Visa: A New Path to Permanent Residency Focused on Economic Revival

In a groundbreaking move to stimulate economic growth in America’s de-industrialized regions, the United States Conference of Mayors has endorsed…

Google Unveils AI Academy in Pakistan to Propel Startup Growth 2024
BusinessDigitalEconomyTP
byAnas AhmedAugust 18, 2024August 22, 2024

Google Unveils AI Academy in Pakistan to Propel Startup Growth 2024

Google for Startups has taken a monumental step in fostering technological innovation in Pakistan by launching an ‘AI Academy’ aimed…

Master Changan Motors Accelerates Pakistan’s EV Adoption with Launch of DEEPAL
BlogsBusinessTechnology
byHafiz Rahat UsamaAugust 16, 2024August 16, 2024

Master Changan Motors Accelerates Pakistan’s EV Adoption with Launch of DEEPAL

Master Changan Motors Limited (MCML), a joint venture between Master Group of Industries and Changan International, has taken a bold…

Sazgar Engineering Set to Launch ORA 07 Electric Vehicle in Pakistan
BlogsBusinessLifestyle
byHafiz Rahat UsamaAugust 15, 2024August 15, 2024

Sazgar Engineering Set to Launch ORA 07 Electric Vehicle in Pakistan

Sazgar Engineering Works Limited (SAZEW) is poised to introduce its latest venture into the electric vehicle (EV) market with the…

UAE Grants Two-Month Amnesty for Overstayed Visa Holders
BlogsBusinessTips & TricksTravel
byHafiz Rahat UsamaAugust 14, 2024August 14, 2024

UAE Grants Two-Month Amnesty for Overstayed Visa Holders

In a significant move aimed at easing the burden on foreign nationals, the United Arab Emirates (UAE) has announced a…

Punjab Overhauls Property Tax System with New Valuation Formula 2024
BlogsBusinessEconomy
byHafiz Rahat UsamaAugust 14, 2024August 14, 2024

Punjab Overhauls Property Tax System with New Valuation Formula 2024

The Punjab Excise, Taxation, and Narcotics Control Department (PETSCD) has introduced a significant change to the property tax system, marking…

Vehicle Sales Plunge by 36% in July 2024 Amid New Tax Measures and Pre-Buying Surge
BlogsBusinessFashionLifestyle
byHafiz Rahat UsamaAugust 14, 2024August 14, 2024

Vehicle Sales Plunge by 36% in July 2024 Amid New Tax Measures and Pre-Buying Surge

Pakistan’s automobile sector experienced a steep decline in vehicle sales during July 2024, with a 36% drop in month-over-month (MoM)…

Aviation Ministry Initiates Probe Into Alleged Corruption Among CAA Officials 2024
BlogsBusinessEconomyNews
byHafiz Rahat UsamaAugust 12, 2024August 12, 2024

Aviation Ministry Initiates Probe Into Alleged Corruption Among CAA Officials 2024

In response to mounting allegations of corruption within the Civil Aviation Authority (CAA), the Aviation Ministry has announced a comprehensive…

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