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
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
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
Pakistan Records Highest Current Account Surplus After 5 Months
The country’s current account posted a surplus of $0.397 billion in December 2023, compared to a deficit of $0.365 billion… Read More
Rupee Abruptly Halts 9-Day Win Streak Versus US Dollar Despite UAE News
The Pakistani rupee broke its 9-day winning streak against the US Dollar today after opening trade at 281 in the… Read More
UAE Likely to Roll Over $2 Billion Loan to Pakistan This Week
The United Arab Emirates (UAE) is expected to roll over a $2 billion loan to Pakistan for one year, sources… Read More
FBR Allows Tax Adjustments On Over 700 Items Used By Five Leading Export Sectors
The Federal Board of Revenue (FBR) has excluded a number of items from the negative list and allowed input tax… Read More
Asset Management Companies’ Funds Cross Rs. 2 Trillion for First Time
Asset Management Companies (AMCs) in Pakistan continued to attract inflows of funds from individual investors and corporations, which surged to… Read More
Rupee Continues to Recover 9th Day in a Row Against US Dollar
The Pakistani rupee continued to recover 9th day in a row against the US Dollar today after opening trade at… Read More
Roshan Digital Account Inflows Near $7.2 Billion in December 2023
Foreign exchange inflows through the Roshan Digital Accounts (RDAs) were recorded at $7.195 billion by the end of December 2023,… Read More
Rupee Jumps 8th Day in a Row Against US Dollar After IMF News
The Pakistani rupee gained bigger ground 8th day in a row against the US Dollar today after opening trade at… Read More
