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The Herald Today

26 July 2025

Business

IT sector advocates decade-long tax break to boost exports, global investments.
IT sector advocates decade-long tax break to boost exports, global investments.

P@SHA Advocates for Extension of Final Tax Regime to Boost IT Sector KARACHI: The Pakistan Software Houses Association (P@SHA) has...

By Web Desk | April 17, 2025 | Category: Business, Latest, Tech

World Bank criticizes Pakistan
World Bank criticizes Pakistan

World Bank Criticizes Pakistan’s ‘Unfair and Absurd’ Tax System The World Bank has described Pakistan’s taxation system as profoundly “unfair...

By Web Desk | April 17, 2025 | Category: Business, Latest, World

Central bank of Turkey unexpectedly lifts rate to 46% amid market volatility
Central bank of Turkey unexpectedly lifts rate to 46% amid market volatility

Türkiye Hikes Interest Rates Amid Market Volatility ISTANBUL: In a surprising move, the central bank of Türkiye increased its primary...

By Web Desk | April 17, 2025 | Category: Business, Latest, World

Hyundai Halts S Korean EV Output Amid Sluggish Sales, US Duties
Hyundai Halts S Korean EV Output Amid Sluggish Sales, US Duties

Hyundai Motor to Suspend EV Production in South Korea Hyundai Motor is reportedly planning to temporarily halt the production of...

By Web Desk | April 17, 2025 | Category: Business, Latest, United States

WTO Predicts Sharply Reduced Trade Expansion for 2025, Cites Heightened Risks
WTO Predicts Sharply Reduced Trade Expansion for 2025, Cites Heightened Risks

WTO Predicts Decline in Global Trade, Cites US Tariffs as Key Factor GENEVA – The World Trade Organization (WTO) has...

By Web Desk | April 17, 2025 | Category: Business, Latest, World

World Bank advises emerging nations to cut duties, boost local commerce
World Bank advises emerging nations to cut duties, boost local commerce

World Bank President Urges Trade Liberalization in Developing Nations WASHINGTON: Ajay Banga, the President of the World Bank, advocated on...

By Web Desk | April 17, 2025 | Category: Business, Latest, World

PSX Experiences Buying Resurgence; KSE-100 Index Climbs by 900+ Points
PSX Experiences Buying Resurgence; KSE-100 Index Climbs by 900+ Points

PSX Sees Buying Interest, KSE-100 Gains Over 900 Points The Pakistan Stock Exchange (PSX) experienced a resurgence of buying activity,...

By Web Desk | April 17, 2025 | Category: Business, Latest

Rupee holds steady versus dollar in latest trading.
Rupee holds steady versus dollar in latest trading.

Pakistani Rupee’s Stability in Early Trading During Thursday’s initial trading hours, the Pakistani rupee demonstrated resilience against the US dollar...

By Web Desk | April 17, 2025 | Category: Business, Latest

Qawi Naseer Appointed CEO of Haleon Pakistan
Qawi Naseer Appointed CEO of Haleon Pakistan

Haleon Pakistan Appoints New CEO Haleon Pakistan Limited, a consumer healthcare company, has announced the appointment of Qawi Naseer as...

By Web Desk | April 17, 2025 | Category: Business, Latest

Pakistani-Founded UAE Startup, Metric, Reveals Substantial Seed Funding
Pakistani-Founded UAE Startup, Metric, Reveals Substantial Seed Funding

AI Fintech Metric Secures Seven-Figure Seed Funding for Expansion AI fintech firm Metric has announced a seven-figure seed round to...

By Web Desk | April 17, 2025 | Category: Business, Latest, Tech

Pakistan Achieves Record $1.2bn Surplus in Current Account This March
Pakistan Achieves Record $1.2bn Surplus in Current Account This March

Pakistan’s Current Account Shows Significant Surplus in March 2025 According to figures released by the State Bank of Pakistan (SBP)...

By Web Desk | April 17, 2025 | Category: Business, Latest

Sri Lanka stocks close unchanged, energy sector tempers widespread rise
Sri Lanka stocks close unchanged, energy sector tempers widespread rise

Sri Lankan Stocks Close Mixed Amid Sectoral Shifts Sri Lankan markets concluded trading on Thursday with minimal movement, as declines...

By Web Desk | April 17, 2025 | Category: Business, Latest

PSX rebounds on Fitch’s revision, oil price decline boosts mood
PSX rebounds on Fitch’s revision, oil price decline boosts mood

Bourse Recovers as Investor Sentiment Boosted by Economic Factors The stock market experienced a resurgence on Thursday, effectively reversing the...

By Web Desk | April 17, 2025 | Category: Business, Latest

Trump Claims Significant Gains in Japan Tariff Discussions
Trump Claims Significant Gains in Japan Tariff Discussions

US and Japan Discuss Trade and Tariffs President Donald Trump declared “significant advancement” in discussions regarding tariffs with Japan on...

By Web Desk | April 17, 2025 | Category: Business, Latest, United States, World

PSX sentiment boosted by Fitch upgrade and oil price decline, regaining traction
PSX sentiment boosted by Fitch upgrade and oil price decline, regaining traction

Stock Market Rebounds as Economic Factors Boost Investor Confidence The stock market experienced a resurgence on Thursday, recovering from the...

By Web Desk | April 17, 2025 | Category: Business

Kuwait Extends Oil Credit Line for Pakistan, Offering Two More Years of Assistance
Kuwait Extends Oil Credit Line for Pakistan, Offering Two More Years of Assistance

Kuwait Extends Oil Credit Facility to Pakistan A view of an oil refinery. — Reuters/File The arrangement is facilitated via...

By Web Desk | April 17, 2025 | Category: Business

March power production climbs 5%
March power production climbs 5%

Power Generation in Pakistan Rises in March Output boosted by local coal, wind and solar. Hydel power falls steeply amid...

By Web Desk | April 17, 2025 | Category: Business

World Bank Criticizes Pakistan’s ‘Unfair, Absurd’ Tax System
World Bank Criticizes Pakistan’s ‘Unfair, Absurd’ Tax System

WB Urges Property Sector Taxation for Fairer System * **WB calls for bringing property sector into tax net.** * **Wants...

By Web Desk | April 17, 2025 | Category: Business

Boeing Jet Deliveries Halted by China Amid Trade Tensions
Boeing Jet Deliveries Halted by China Amid Trade Tensions

China has reportedly directed its airlines to suspend further deliveries of Boeing jets, according to sources familiar with the matter,...

By Web Desk | April 16, 2025 | Category: Business

Fitch Revises Pakistan’s Credit Rating Upward to ‘B-‘ Amid Fiscal Progress
Fitch Revises Pakistan’s Credit Rating Upward to ‘B-‘ Amid Fiscal Progress

Fitch Upgrades Pakistan’s Rating to ‘B-’ Fitch Ratings has increased Pakistan’s long-term foreign-currency issuer default rating to ‘B-’ from ‘CCC+’....

By Web Desk | April 15, 2025 | Category: Business