Pakistani Cement Maker to Introduce Affordable Electric Cars
Thatta Cement is planning to enter Pakistan's electric vehicle (EV) market through a wholly owned subsidiary, initially importing fully built electric cars from China.
Tag: Business
Can’t Repay Loan? FIA Can’t Arrest You Till Court Declares You Defaulter
Notably, the Lahore High Court has barred the Federal Investigation Agency (FIA) from initiating criminal proceedings against bank customers over alleged wilful defaults unless…
Cheap Housing Loan Disbursements Cross Rs. 100 Billion
For context, the Prime Minister's Apna Ghar Program has disbursed more than Rs.
Govt Plans Rs. 6,046 Billion Domestic Borrowing, Shifts Away From Short-Term Debt
Meanwhile, the administration aims to finance around 75 percent of the federal fiscal deficit through domestic borrowing, with net domestic borrowing projected at Rs.
China, Kuwait Assure Pakistan of $4.3 Billion Loan Rollovers
Pakistan has secured assurances from China and Kuwait to roll over loans worth $4.3 billion, providing backing for the country's external financing requirements during…
FBR Plans to Scrap Super Tax Completely
Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial remarked the administration intends to abolish the Super Tax entirely, signalling a major concession to…
PM Extends Fuel Subsidy Till December
According to Prime Minister Shehbaz Sharif has, the government's fuel subsidy program will continue until at least the end of December, with spending reaching…
Pakistan Ends LPG Monopoly, Brings in Open Bidding for Locally Produced Gas
Prime Minister Shehbaz Sharif has confirmed a revised liquefied petroleum gas (LPG) allocation system, ending what he described as a decades-old monopoly in the…
Millions of Pakistanis Still Can’t Afford a Smartphone or the Loan to…
For Pakistanis who cannot afford a smartphone upfront, paying in installments could offer a practical way to obtain online.
Pakistan Switches to New Debt Formula
Pakistan is shifting away from short-term borrowing towards loans with maturities of five to ten years to reduce refinancing risks and ease pressure on…