The government is likely to enhance the RLNG tariff of $6.5 per MMBTU to discourage the rent-seeking nature of Captive… Read More
Rupee Crashes 8th Day in a Row As Import Bill Soars, Markets Give in to Political Heat
The Pakistani Rupee (PKR) dropped further against the US Dollar (USD) and posted heavy losses during intraday trade today. It… Read More
Cotton Yield Takes $1.53 Billion Hit From Deadly Floods
The loss of the cotton crop was estimated at $1.53 billion (3.24 million bales) due to recent monsoon rains and… Read More
PM Rejects Proposal to Hike Prices of Over 10 Medicines
Prime Minister Shehbaz Sharif has rejected a summary of the Ministry of National Health Services to increase the prices of… Read More
Bond Yields Stable As Year-to-Date Outlook Remains Jittery
The yields on all the Pakistani secondary market bonds have remained largely unstable for the calendar year 2022 as hefty… Read More
Value-Added Exports, Energy Reforms & Increased Social Spending to Strengthen Pakistan: ADB
Asian Development Bank (ADB) has stated that reforms are required to promote high value-added exports, expand social spending, reinforce energy… Read More
Rupee Crashes to Pre-IMF Levels As Uncertainty, Oil Prices and Politics Cause Panic
The Pakistani Rupee (PKR) crashed further against the US Dollar (USD) and posted heavy losses during intraday trade today. It… Read More
Govt Receives $1.5 Billion Offer For Majority Stake in Pakistan Steel Mills
The Government of Pakistan has received an offer of $ 1-1.5 billion for the purchase of majority stakes in Pakistan… Read More
Govt Plans to Issue Rs. 1.5 Trillion Ijara Sukuk in FY23
The government is set to generate funds of Rs. 1.5 trillion through Ijara Sukuk against various assets, mainly public sector… Read More
Pakistan Can Generate 3,400,000MW Power Via Indigenous Energy Resources: Report
The power generation potential of Pakistan through indigenous energy resources is estimated to be approximately 3,400,000MW. According to a joint… Read More
Rupee Crashes Against Major Currencies Despite SBP News – Imports Aren’t Helping
The Pakistani Rupee (PKR) tumbled against the US Dollar (USD) and posted big losses during intraday trade today. It depreciated… Read More
PTA Issues IoT Licenses to Four New Companies
Pakistan Telecommunication Authority (PTA) has started issuing Internet of Things (IoT) licenses. The telecom regulator has issued IoT licenses to… Read More
