Pakistan plans to issue Yuan-denominated Panda Bonds by June 2025 to enhance its capital market integration with China, Federal Minister for Finance and Revenue Muhammad Aurangzeb said. In an interview with the South China Morning Post (SCMP), Aurangzeb reaffirmed Pakistan's commitment to deeper cooperation with Beijing under the second phase of the ChinaPakistan Economic Corridor (CPEC), emph
The Ministry of Commerce has recommended the removal of cap on electric vehicle (EV) batteries for cars, vans and sports utility vehicles (SUVs), as well as elimination of 25% sales tax on EVs. The issue was taken up in a recent meeting of the steering committee focused on policies for EVs. During the meeting, the additional secretary of the Ministry of Commerce recommended the scrapping of
The Pakistan Stock Exchange (PSX) extended its recovery drive for the third straight session, propelling the benchmark KSE 100 index above 114,000 on select buying on strong valuations on Tuesday. Ahsan Mehanti of Arif Habib Corporation said that easing political noise, higher global crude oil prices, and speculations over monetary policy easing kept attracting buying interest from investors.
The World’s Happiest Workplaces 2025 list published on Tuesday named Nestle, Unilever, and Pakistan International Airlines (PIA) among the happiest workplaces in Pakistan, according to a press release. The list was compiled by WorkL, an employee experience platform that ranks employee engagement and employee happiness at work. As per the press release, the happiest workplaces in Pakistan als
The United States (US) remained the top export destination of Pakistani products during the first five months of the current fiscal year, followed by China and the United Kingdom (UK). Total exports to the US during the period were recorded at $2512.809 million as compared to last year’s $2299.165m, showing an increase of 9.29 per cent, according to the State Bank of Pakistan (SBP). However,