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The Herald Today

23 July 2025

Business

Remittances Expected to Surpass $35 Billion as Economic Growth Picks Up Pace
Remittances Expected to Surpass $35 Billion as Economic Growth Picks Up Pace

Pakistan’s economy is showing promising signs of recovery, with remittances projected to exceed $35 billion in the coming fiscal year,...

By News-Editor | December 18, 2024 | Category: Business

Pakistan’s Big Industry Production Declines in July-October
Pakistan’s Big Industry Production Declines in July-October

Pakistan’s big industry production has witnessed a notable downturn in the first four months of the fiscal year, from July...

By News-Editor | December 17, 2024 | Category: Business

Alibaba to Sell China’s Intime Department Store Chain for $1.3 Billion Loss
Alibaba to Sell China’s Intime Department Store Chain for $1.3 Billion Loss

In a significant move that reflects its evolving business strategy, Alibaba Group has announced the sale of its China-based department...

By News-Editor | December 17, 2024 | Category: Business

KSE-100 Index Surges Past 117,000 Mark After Fifth Successive Interest Rate Cut
KSE-100 Index Surges Past 117,000 Mark After Fifth Successive Interest Rate Cut

The Pakistan Stock Exchange (PSX) is experiencing a wave of optimism, with the KSE-100 Index surpassing the crucial 117,000-point barrier....

By News-Editor | December 17, 2024 | Category: Business

CDWP Approves 15 Uplift Projects Worth Rs. 422.704 Billion to Strengthen Pakistan’s Development
CDWP Approves 15 Uplift Projects Worth Rs. 422.704 Billion to Strengthen Pakistan’s Development

In a significant move to advance Pakistan’s development, the Central Development Working Party (CDWP) approved 15 major projects worth a...

By News-Editor | December 15, 2024 | Category: Business

Govt Finalizes Deal with 14 IPPs to Slash Power Costs, Talks with Other Operators Underway
Govt Finalizes Deal with 14 IPPs to Slash Power Costs, Talks with Other Operators Underway

The Pakistani government has successfully concluded negotiations with 14 independent power producers (IPPs) that operate on residual furnace oil (RFO),...

By News-Editor | December 15, 2024 | Category: Business

FBR Rolls Out Faceless Customs Assessment System to Revolutionize Taxation and Trade
FBR Rolls Out Faceless Customs Assessment System to Revolutionize Taxation and Trade

The Federal Board of Revenue (FBR) has officially launched its much-anticipated Faceless Customs Assessment (FCA) system in Karachi on December...

By News-Editor | December 15, 2024 | Category: Business

Pakistan Sugar Mills Association Refutes Reports of Sugar Price Hike
Pakistan Sugar Mills Association Refutes Reports of Sugar Price Hike

The Pakistan Sugar Mills Association (PSMA) Punjab Zone has strongly refuted recent reports suggesting an increase in sugar prices, calling...

By News-Editor | December 15, 2024 | Category: Business