Pakistan has sought eight import cargoes of Liquefied Natural Gas (LNG) at a fixed dollar price and a tight tendering… Read More
Pakistani Rupee Makes Huge Gains Against All Major Currencies
Pakistani rupee opened the week with an improvement of nearly 12 paisas against the US Dollar. PKR maintained its upward… Read More
SNGPL and SSGCL Demand up to 220% Increase in Gas Prices
Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) have demanded up to a 220 percent… Read More
Govt to Withdraw Subsidy on Low-Use Electricity Consumers
The government is set to withdraw subsidies available to electricity consumers on a monthly consumption limit of 201 to 300… Read More
USF Approves Rs. 8 Billion for New Optical Fiber and Broadband Projects
The Universal Service Fund (USF) Board has approved nine projects worth approximately Rs. 8.15 billion to provide High-Speed Mobile Broadband… Read More
Pakistani Rupee Posts Its Biggest Loss Against the US Dollar in Months
Pakistani rupee deteriorated on the final day of the week against the US Dollar after appreciating for four straight sessions… Read More
Pakistan’s Largest Nuclear Power Plant is Now A Part of the National Grid
The 1,100MW Karachi Nuclear Power Plant Unit-2 (K-2) has been connected to the national grid. The Pakistan Atomic Energy Commission… Read More
PTA to Hold Next Generation Mobile Services Spectrum Auction in May
The Government of Pakistan is preparing to hold a spectrum auction by mid-May that will be aimed at improving the… Read More
Commerce Ministry Planning to Allow Cotton Imports from India
A summary on allowing import of cotton from India is under process, the Ministry of Commerce announced during a meeting… Read More
Economic Advisory Group Declares Support for SBP’s Autonomy
The Economic Advisory Group (EAG) at PRIME Institute think tank met in Islamabad to deliberate on the new autonomous structure… Read More
Pakistan Mortgage Refinance Company Issues Shariah-Compliant Sukuk
The Pakistan Mortgage Refinance Company (PMRC) has issued a first of its kind Sukuk of Rs. 3.1 billion at 8.25… Read More
Cabinet Committee on Privatization Approves Reserve Price for Services International Hotel
Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, chaired the meeting of the Cabinet Committee on Privatization (CCOP)… Read More
