Pakistan’s information technology (IT) exports have emerged as a bright spot in the country’s economic landscape, despite ongoing challenges. In FY24, the country’s IT exports surged to a record $3.2 billion, marking a 24% year-on-year growth. This steady rise, driven by both new market expansions and supportive government policies, is a testament to the resilience […]
The Lahore High Court (LHC) Rawalpindi bench recently delivered a significant ruling in the case of a private company versus First Habib Mudarba Ltd, emphasizing the importance of honoring jurisdiction clauses in commercial and banking-related agreements. In this case, LHC Justice Jawad Hassan dismissed a petition that sought to challenge a banking agreement in the […]
The economic landscape in Pakistan is home to a few prominent business families who control massive conglomerates, shaping industries from banking and cement to textiles and power. Yet, despite their vast influence, none of these families qualify as billionaires in U.S. dollar terms based on their publicly listed holdings. This surprising reality contrasts sharply with […]
In a remarkable turn of events, Pakistan’s inflation rate dropped to its lowest level in almost four years, providing much-needed relief to the economy and consumers. The Pakistan Bureau of Statistics (PBS) reported that the Consumer Price Index (CPI) rose by only 6.9% in September 2024 compared to the same month last year. This marks […]
Pakistan’s revenue collection saw a significant surge in September 2024, marking a promising turnaround for the country’s fiscal performance. After struggling with shortfalls in the first two months of FY25, the revenue collected in September exceeded expectations, bringing much-needed relief to the Federal Board of Revenue (FBR) and setting the stage for stronger financial performance […]
In a bold step towards modernizing its financial infrastructure, the government of Pakistan has embraced the Raast instant payment system for disbursing salaries and settling vendor bills. This development represents a critical shift, underscoring the growing reliance on digital financial systems and a decisive move toward a cashless economy. This initiative has had significant implications […]
Becoming a CEO is the pinnacle of leadership in many careers. This role not only demands significant skills and experience but also requires distinct personal qualities that enable CEOs to lead organizations toward success. Let’s explore what it takes to become a successful CEO, focusing on essential qualities, core responsibilities, and best practices for high […]
The automotive industry is a vibrant, fast-paced, and highly competitive market that touches nearly every corner of the globe. With continuous technological advancements, growing environmental concerns, and shifting consumer preferences, car manufacturers have had to evolve rapidly to maintain their positions. Today, let’s take a closer look at the top 10 car manufacturing companies in […]
DG Khan Cement Company (PSX: DGKC) has made headlines recently for its ambitious foray into the United States market, showcasing the potential for Pakistani cement exports on a global stage. However, the company’s performance raises questions about sustainability and profitability amid rising challenges. While its competitors may look to DGKC as a model for success, […]
Overview of the Textile Boom in August 2024 Pakistan’s textile sector has recently experienced a significant uptick in export orders, reflecting global market shifts and changing trade dynamics. The country saw its textile exports reach a 26-month high of $1.64 billion in August 2024, marking a 13% year-on-year growth. This surge is largely attributed to […]
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