Pakistan’s Real Effective Exchange Rate (REER) increased by 0.6 percentage points to 98.9 in December 2023. According to the latest… Read More
Non-Filers to Face Strict Action During January: FBR Chairman
Federal Board of Revenue (FBR) Chairman Malik Amjed Zubair Tiwana Wednesday denied that FBR has postponed the exercise of blocking… Read More
Rupee Reverses Losses Against US Dollar
The Pakistani rupee reversed Tuesday’s losses and posted gains against the US Dollar today after opening trade at 280 in… Read More
Pakistan Secures Second LNG Cargo from Azerbaijan
Pakistan has successfully procured the second liquefied natural gas (LNG) cargo from the State Oil Company of the Azerbaijan Republic… Read More
Gold Price in Pakistan Records Massive Decrease
The price of gold in Pakistan posted one of the biggest declines in recent weeks as it plummeted by Rs.… Read More
Pakistan Records its Highest-Ever Monthly IT Exports of $303 Million in December 2023
Pakistan’s technology sector recorded exports of $303 million during December 2023, up by 23 percent year-on-year (YoY) compared to $247… Read More
Foreign Direct Investment Up by 538% in December 2023
The Foreign Direct Investment (FDI) in the country increased by a staggering 538 percent year-on-year (YoY) to $211 million in… Read More
OMCs May Soon Be Able to Set Prices of Kerosene and Light Diesel On Their Own
The federal government has revived efforts to de-regulate kerosene and light diesel oil prices. The Petroleum Division has suggested keeping… Read More
Egyptian Business Community Likely to Invest in Pakistan’s Auto, Agriculture Sectors
The Fourth Pakistan-Africa Trade Development Conference (PATDC) and Single Country Exhibition (SCE) concluded in Cairo on a high note, opening… Read More
FIA Registers Case of Illegal Plots Allotment in Islamabad
In a recent development, the Federal Investigation Agency (FIA) has reported significant progress in its investigation of the scandal involving… Read More
American Police Officer Arrested in Pakistan
In a surprising turn of events, Zain Cheema, a Pakistani-American police officer, finds himself in custody after the Gujrat police… Read More
Export Restrictions Fail to Control Onion Prices in the Country
Last week’s jump in the minimum export price (MEP) of onions to $1,200 per ton wasn’t enough to lower costs… Read More
