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Web Desk Karachi

Web Desk Karachi

Web Desk Karachi

Author Stories

Business

Web Desk Karachi
Dec 24, 2024

Government and PSX collaborate to unlock capital market potential

A robustly devised strategy would elevate PSX’s capabilities and bolster the country’s economic landscape, says PSX CEO.

Business

Web Desk Karachi
Dec 24, 2024

Swiss PE eyes IT, pharma in India portfolio rejig after 300% gain

The fund is looking to exit some India investments and deploy the winnings in other sectors in the country such as healthcare, technology and education.

Business

Web Desk Karachi
Dec 24, 2024

Washington probes China’s semiconductor strategies as trade war Intensifies

The investigation will fall under Section 301 of the US Trade Act, focusing initially on foundational semiconductors essential for various industries.

Business

Web Desk Karachi
Dec 24, 2024

Google CEO announces 10pc reduction in top management roles to boost efficiency

This move is part of a broader strategy to streamline operations and enhance productivity.

Business

Web Desk Karachi
Dec 24, 2024

Meta to add display to Ray-Bans as race over smart glasses intensifies, reports FT

Social media group accelerates plans to build ‘augmented reality’ headsets in battle with Apple and Google.

Business

Web Desk Karachi
Dec 24, 2024

Airlines see busiest Christmas season on record, reports FT

Consumers in UK and US still prioritising holidays and travel over other discretionary spending, say industry bosses.

Business

Web Desk Karachi
Dec 24, 2024

Local manufacturing of mobile phones down by 8pc in Nov

AIRLINK well-positioned to capitalise on the growing smartphone sales in Pakistan.

Business

Web Desk Karachi
Dec 24, 2024

New Tax Laws (Amendment Bill) 2024 set for Senate review

The bill is designed to enhance compliance with tax laws, ensuring that taxes are paid in line with individuals’ income and consumption levels.

Business

Web Desk Karachi
Dec 24, 2024

Political uncertainty, declining yields drive foreign investors away from Pakistan’s T-bills

During the first five months of FY25, cumulative inflows into T-bills stood at $866.6 million, while outflows totalled $550.6 million, says SBP.

Business

Web Desk Karachi
Dec 24, 2024

KUFPEC exits Pakistan, sells $60 million in assets to PEL

Many foreign E&P companies frustrated due to the extensive circular debt in the gas sector, which has escalated to Rs2,700 billion.

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