The Pakistani Rupee (PKR) dipped further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Poor Govt Policies, High Taxes Ruining Telecom Sector: GSMA
There is a significant risk of Digital Pakistan not being realized in the current market and regulatory environment, together with… Read More
Swvl Trims More Workforce in Second Round of Layoffs
Swvl, a global provider of transformative tech-enabled mass transit solutions, has cut a massive chunk of its global workforce including… Read More
Broken RaDar: US Dollar Rises Further Against PKR Amid IMF Delay, Politics
The Pakistani Rupee (PKR) dropped further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Oil Prices Crash As Supply Concerns Ease On Russian Price Cap Talks
Oil prices fell on Thursday with Brent crude falling near Monday’s levels following developments that Group of Seven (G7) nations… Read More
Import Barriers in Pakistan Still Hurting Exporters: WB Economist
While Pakistan’s trade numbers have somewhat improved in the first four months of the current fiscal year, import barriers are… Read More
Pakistan to Begin Talks With Russia on Importing Cheap Oil and LNG
Pakistan and Russia are expected to start negotiations on importing oil and liquified natural gas (LNG) by the end of… Read More
Rupee Falls Against US Dollar Despite Colossal Drop in Default Risk
The Pakistani Rupee (PKR) reversed gains against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
IT Minister Launches Interest-Free Installment Service to Buy Smartphones in Pakistan
Purchasing mobile phones has become much easier as a result of the government’s latest move aimed at making technology more… Read More
HUBCO Issues $150 Million Standby Letter of Credit to CPHGC
Hubco has issued a Standby Letter of Credit (SBLC) worth $150 million to China Power Hub Generation Company Limited (CPHGC).… Read More
Top Japanese Bank Says Pakistan Dangerously Close to Currency Crisis
Pakistan is now at a high risk of currency crises owing to dwindling forex (FX) reserves, exchange rate, financial health,… Read More
Pakistan’s Default Risk Falls Sharply to 71% As Nerves Briefly Subside
Pakistan’s chances of defaulting on its debt sharply reduced in the last 24 hours after nerves apparently subsided following Finance… Read More
