Category : Business

Temu, the international shopping app known for its eye-catching discounts and relentless advertising, is facing increasing criticism in Pakistan. Already under scrutiny in the United States for allegedly product dumping and facing antitrust complaints in Europe, the company is now being called out

The Pakistan Telecommunication Authority (PTA) has spent more on allowances than salaries for its officers in the past three years, official data reveals. From 2021 to 2024, allowances paid to Grade 17 and above amounted to Rs. 100 million, surpassing their total salaries

In a groundbreaking move for Pakistan’s sustainability-focused financial sector, Parwaaz Financial Services Limited (PFSL), a subsidiary of Karandaaz Pakistan, has launched the country’s first-ever PKR-denominated Green Bond under the Parwaaz Green Action Bond initiative. The bond, which is also the first ever Green

The Federal Board of Revenue (FBR) has launched a Centralized Customs Examination system to combat corruption among customs appraisers and examiners. As part of this initiative, a Centralized Examination Unit (CEU) has been established in Karachi to randomly assign imported consignments for inspection.

Pakistani IT companies are aggressively exploring new and emerging tech markets particularly the Kingdom of Saudi Arabia (KSA), as more than 100 firms providing IT and IT-enabled services are participating in LEAP 2025, one of the world’s major tech trade fairs, being held

The Ministry of Commerce has recommended the elimination of the 25% sales tax on EVs priced above Rs. 4 million and the removal of restrictions on EV batteries for cars, vans, and SUVs. These recommendations were discussed during a recent meeting of the

Eco-Green Motors Limited (A Subsidiary of Yousuf Dewan Companies) has begun delivering Pakistan’s first locally assembled electric hatchback, the Honri Ve, nationwide. This entry-level EV, designed for the masses, now provides an affordable and eco-friendly driving solution to consumers across the country. With locally assembled

Minister highlights deal with Chinese firm to manufacture solar panels Provincial Minister for Industries, Commerce, and Investment Chaudhry Shafay Hussain has said that Punjab’s focus is on alternative energy and industrial growth on Friday. “An agreement with a Chinese group has been finalised

Apple has released its fiscal fourth-quarter financial results, showing a 6% revenue increase to $94.9 billion, driven primarily by strong iPhone performance. The July-September period demonstrated growth across most product categories, with only the wearables segment experiencing a modest 3% decline. CEO Tim

Middle Eastern burger chain Salt has announced plans to expand into Pakistan with its Wagyu beef burgers, the company revealed in a social media post on Thursday. In a recent Instagram post with the message “Time to pass the salt, Pakistan!” Salt hinted