| Welcome to Global Village Space

Friday, July 25, 2025

Kia new price list after capital value tax

As if inflation was not enough to make cars out of reach of Pakistanis, the govt has imposed capital value tax on vehicles.

SBP’s measure to cool down the heated economy

SBP raised the policy rate by 125 basis points (bps) to 15 percent for cooling down the heated economy, hold inflation and strengthening PKR.

SBP official explains “Why is the Rupee always depreciating?”

The Rupee is always depreciating because we are a consumption driven society, this itself leads to continuous trade deficit which causes depreciation

ECP suspends CM’s free electricity scheme till by-polls on July 17

 ECP Director General of Law Mohammad Arshad also says the announcement is an attempt to influence the by-elections.

Restore gas supply to fulfill export orders: APTMA

APTMA urged the government to restore gas supply to the textile industry at earliest, citing a loss of nearly $1 billion in exports.

Attock court wraps up Imran Riaz Khan’s case

The Court orders the police to release the TV personality if not wanted in another case.

Petrol prices will be cut if int’l prices go down: Miftah Ismail

Oil price has touched $100 per barrel which is almost 15% down in a few weeks time. So will Shehbaz govt announce a cutin prices?

Nepra: Cost of hydel projects should be paid by provinces

Cost of hydel projects should be paid by consumers (provinces) who use water for agricultural purposes rather than electricity consumers

Iran and Pakistan committed to enhance energy and trade ties

Pakistan taking steps to improve bilateral trade volume with Iran: Miftah

Government enables Pak-Afghan trade in Rupee

Government enabled Pak-Afghan trade in rupee via land routes due to the lack of tradable currency through banking channel

One-time permission granted for the discharge of stranded consignments of banned items

ECC suspended conditions on the import of timber/wood till Aug 31 as the Ministry of Commerce moved summary in this regard

Pakistan’s cement exports fall by 43%

Pakistan's economy is on a downward spiral and cement sales have confirmed it. Exports must not fall if the country has to survive the financial crisis.