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World

Reuters
Dec 17, 2024

Congo files criminal complaints against Apple in Europe over conflict minerals

Congo’s lawyers argue that Apple continues to use ITSCI as a fig leaf to falsely present its supply chain as clean.

Business

Web Desk
Aug 22, 2024

Millat Tractors suspends production amid GST refund issues

Millat Tractors Limited (MTL), a prominent manufacturer in Pakistan’s agricultural sector, has temporarily suspended its production operations due to unresolved issues related to GST refunds, according to a filing made by the company to the Pakistan Stock Exchange (PSX) today.

Business

Web Desk
May 29, 2024

Inflation may decline to 12.5 per cent by June 2024

Inflation is projected to remain between 13.5 per cent and 14.5 per cent in May 2024, with a potential decrease to 12.5 per cent to 13.5 per cent by June 2024, according to the Finance Ministry’s latest economic report.

Technology

Web Desk
Mar 27, 2024

Samsung reportedly declines to manufacture displays for 2025 iPhone SE 4

Samsung has reportedly declined to produce displays for the upcoming iPhone SE 4, slated for release in 2025, citing disagreements over pricing with Apple. As a result, China’s BOE will step in to manufacture the screens, according to a new supply-chain report from Korea.

Business

Web Desk
Mar 13, 2024

Rising LPG prices burden Pakistanis amidst inflation woes

The burden on Pakistan’s citizens, already strained by soaring inflation, has intensified as cooking costs escalate

Business

Web Desk
Feb 15, 2024

World Bank urges Pakistan to tackle soaring food prices

The World Bank, in a policy note published on February 13, 2024, has highlighted the pressing issue of high food inflation and volatility in Pakistan, surpassing neighbouring countries.

Business

Web Desk
Feb 13, 2024

Passenger car sales in Pakistan surge by over 58%

In January 2024, there was a notable surge in passenger car sales, increasing by 58.71 per cent month-on-month (MoM) to reach 7,802 units, surpassing the 4,916 units recorded in December 2023, as per the latest data from the Pakistan Automotive Manufacturers Association (PAMA).