Pakistan will not default on its debt despite floods inflicting billions of dollars in damages and drowning almost one-third of… Read More
Pakistan Among 10 Developing Countries on ADB Food Program
Pakistan is one of the ten developing Asian countries that largely benefitted from the Asian Development Bank’s (ADB) Trade and… Read More
Cement Sales to Remain Low in FY23: Report
Incremental cement demand is roughly estimated at around 370,000 tons for the financial year 2022-23 and 1,900,000 tons in FY24,… Read More
Rupee Falls 11th Day in a Row As Inflation Fears Intensify
The Pakistani Rupee (PKR) slid further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Pakistan’s LNG Market Growing: 3 Pipeline Firms Apply for OGRA Permit
The number of virtual Liquefied Natural Gas (LNG) pipeline licensees is likely to increase to five as three new applicants… Read More
ADB Disbursed $1.31 Billion to Pakistan in 2021: Report
The Asian Development Bank (ADB) loaned and granted disbursements amounting to $1.31 billion to Pakistan in 2021, consisting of $0.3… Read More
Rupee Falls Against US Dollar 10th Day in a Row Despite More Investment News
The Pakistani Rupee (PKR) continued to drop further against the US Dollar (USD) and posted big losses during intraday trade… Read More
Pakistan Likely to Get $1.5 Billion Loan from ADB
The Asian Development Bank (ADB) will likely approve a $1.5 billion Countercyclical Support Facility (CSF) to Pakistan under its Building… Read More
Putin Confirms Gas Supplies to Pakistan Possible as Infrastructure is Already in Place
Prime Minister Shehbaz Sharif met Russia’s President Vladimir Putin on the sidelines at the annual meeting of the Shanghai Cooperation… Read More
Solar Installed Houses to Pay More to Wapda; Nepra Amending Rules
Pakistan’s renewable energy mix is at risk of falling apart as the country’s top electricity regulator plans on charging fees… Read More
Rupee Crashes Against US Dollar 9th Day in a Row As Uncertainty Rises
The Pakistani Rupee (PKR) crashed further against the US Dollar (USD) and posted big losses during intraday trade today. It… Read More
Ethereum is Killing Mining For Good With “The Merge”
The long-awaited Ethereum (ETH) Merge is set to take place this week as the network transitions from a proof-of-work (PoW)… Read More
