The Ministry of Commerce will reduce the tariff on raw materials to steer the economic growth in the country, as… Read More
Rupee Gains Big Against Dollar
The Pakistani Rupee (PKR) opened the week with mixed results against most major currencies but maintained the exchange rate against… Read More
Trade Deficit Increases for Second Consecutive Month
Pakistan’s trade deficit widened by 21.03 percent to $2.601 billion in January 2021 from $2.149 billion compared with the same… Read More
Pakistan Seeks Investment from China and Saudi Arabia for PARCO Coastal Refinery in Balochistan
The Pakistani government has decided to seek investment from China for PARCO coastal refinery and petrochemical complex, a national daily… Read More
Pakistani Rupee Drops Below 160 Mark Against US Dollar for the First Time in 2021
Repeating the trend from last week, the Pakistani Rupee (PKR) opened the week with almost a blanket loss against most of… Read More
CJP Orders to Fire PSM Management Before Sacking Employees
Chief Justice of Pakistan, Justice Gulzar Ahmed, has ordered the removal of all officers of the Pakistan Steel Mills (PSM)… Read More
Punjab Govt to Establish An Insurance Company
Following the satisfactory performance of the insurance sector in the country, the Government of Punjab has been planning to establish… Read More
Cotton Output Falls to Lowest Level in Three Decades
Cotton arrivals have hit a three-decade low level of 5.6 million bales. This is a decrease of 34 percent year-on-year… Read More
Private LNG Terminal Developers Demand Waiver of Certain Regulatory Requirements
Private sector entities engaged in setting up liquefied natural gas (LNG) terminals have sought guarantees and waivers from certain obligations… Read More
Saudi Arabia and UAE Decide Not to Withdraw $2 Billion Cash Deposits
Saudi Arabia and the United Arab Emirates (UAE) have not withdrawn their $2 billion cash deposits that they provided Pakistan… Read More
Pakistani Rupee Shows Mixed Results Against Most Currencies
Repeating the trend from last week, the Pakistani Rupee (PKR) opened the week with an almost blanket loss against most… Read More
Chinese Investment Hurting Key Local Industries and Local Businessmen
Chinese companies are taking over major businesses in Pakistan’s export-led manufacturing sector, stated a report published by Hong Kong-based online… Read More
