Caretaker Finance Minister Shamshad Akhtar, during a press conference in Islamabad on Friday, announced to roll over deposits from other… Read More
Banks to Finally Offer Loans to PIA After Government Intervention
The government has convinced private banks to extend credit lines to the beleaguered Pakistan International Airlines, as announced by PIA’s… Read More
Heavy Taxes Shut Down Half Of Cotton Ginning Industry: PCGA
Pakistan Cotton Ginners Association (PCGA) stated on Friday that more than half of the factories in Pakistan are currently non-operational… Read More
Commerce Ministry Increases Minimum Export Price of Rice
The Ministry of Commerce has raised the Minimum Export Price (MEP) of IRRI-6 Rice to $551 per ton after discovering… Read More
Cotton Prices Crash By Rs. 3,000 Per Maund In Three Days As Dollar Falls in Open Market
Cotton prices have dropped by Rs. 3,000 per 37.324 kg (maund) as the rupee strengthened by as much as Rs.… Read More
Wheat Prices Expected To Fall By Rs. 25 Per Kg After Russian Wheat Arrival
Wheat prices in local markets are widely expected to drop by Rs. 5-7 per kg, with others expecting the rate… Read More
Sugar Prices Fall Temporarily But Crackdowns Help Nobody
The government’s strict crackdowns on hoarders and smugglers have resulted in Ex-Mill sugar prices falling by as much as Rs.… Read More
Afghan Smuggling Push Corn Prices Up 15% As Traders and Farmers Look For Exit
As we had predicted weeks ago, Afghan smuggling is finally driving the hike in corn prices in Punjab and they… Read More
Cotton Arrival Crosses 3 Million Bales in August, Up 97% Amid Production Boom
Pakistan’s cotton arrivals surged by 97.5 percent year-on-year as of August 31, 2023, clocking in at 3.04 million bales compared… Read More
DAP Price Crosses Rs. 13,000 In Punjab Amid Devaluation and Hoarding
The price of Diammonium Phosphate, more commonly known as DAP fertilizer, has spiked to Rs. 13,000 per 50kg bag in… Read More
GCF Launches $77.8 Million Climate Resilience Fund for Pakistan
Green Climate Fund (GCF) and three other international and local partners have launched a $77.8 million fund to address climate… Read More
Smuggling and ‘Satta’: Everything That Went Wrong In Sugar Saga 2023
The government is finally looking to import 100,000 tons of sugar from Brazil as a potential shortage is on the… Read More
