Business

Web Desk: British High Commissioner to Pakistan, Jane Marriott, has expressed that the United Kingdom envisions Pakistan as a $2 trillion economy and is eager to expand its investments in the country. According to Dawn News, she shared these views while addressing the 8th edition of the Leaders in Islamabad Business Summit (LIIBS) held in Islamabad. Highlighting the potential of …

Web Desk: If you plan to buy a new iPhone or any other smartphone soon, there’s some good news: prices may not skyrocket after all, thanks to a recent shift in U.S. trade policy. President Donald Trump has announced new tariff exemptions for key technology imports from China, including smartphones, computers, processing chips, and other essential electronics. These exemptions could …

Web Desk: The European Union is preparing a coordinated response to U.S. President Donald Trump’s sweeping tariffs, with member states expected to approve initial countermeasures targeting up to $28 billion worth of U.S. imports—ranging from dental floss to diamonds. This move would align the EU with China and Canada, who have already imposed retaliatory tariffs on U.S. goods, raising fears …

Web Desk: Finance Minister Muhammad Aurangzeb has expressed optimism that the recent US tariff hike on Pakistani exports could become a stepping stone toward deeper economic cooperation between the two countries. Speaking at a press conference in Islamabad on Saturday, Aurangzeb emphasized the need to frame the issue as a win-win opportunity in the medium to long term. “We want …

Key Highlights: Prime Minister Shehbaz Sharif announced a Rs7.41 per unit reduction in electricity prices for domestic consumers and pledged further relief. The electricity tariff for domestic users is now Rs34 per unit, while industrial rates have been slashed by Rs7.59 per unit. The announcement follows a government request to NEPRA, with IMF’s approval for a Re1 per kWh cut …

Web Desk: The Federal Tax Ombudsman (FTO) has ordered the implementation of an 18% sales tax on consumers utilizing solar net metering across Pakistan, following a revenue shortfall of Rs 9.8 billion, as reported by Business Recorder. Immediate Implementation of Sales Tax on Gross Electricity Supply In its directive, the FTO has instructed power distribution companies (DISCOs) and Federal Board …

Infinix Note 50 Launch Date & Teaser Web Desk: Infinix has officially teased the upcoming Infinix Note 50 series, nearly a year after launching the Infinix Note 40 series. The brand has confirmed that the new lineup will be unveiled on March 3, 2025, in Indonesia. A teaser image reveals a glimpse of the camera module, hinting at potential upgrades …

Web Desk: Tesla Inc. experienced a significant 63% drop in vehicle registrations last month in France, the European Union’s second-largest market for battery-electric vehicles (BEVs). According to data from French industry association La Plateforme Automobile, the automaker registered just 1,141 cars in January 2024, marking its lowest monthly figure since August 2022. This decline starkly contrasts with the broader automotive …

Web Desk — The United Arab Emirates (UAE) is on the brink of transformative growth in its technology sector in 2025, propelled by cutting-edge innovations and widespread adoption of advanced digital solutions. This development further solidifies the UAE’s reputation as a global hub for innovation and a premier destination for technology companies worldwide. Sustainable investments in digital infrastructure and business-friendly …

Web Desk – In a significant step to strengthen trade and economic relations, Bangladesh has simplified its visa process for Pakistani nationals. The initiative aims to encourage collaboration and enhance economic activities between the two countries. Streamlined Visa Procedure During a session at the Lahore Chamber of Commerce & Industry (LCCI) on Saturday, Bangladesh’s High Commissioner to Pakistan, Iqbal Hussain, …