The primary challenge faced by most organizations is the threat to business continuity. There needs to be an active forum… Read More
E-Commerce Transactions in Pakistan Fell by 8.4% in Q2 of FY23
E-Commerce transactions in Pakistan declined by 8.4 percent in the quarter that ended on 31 December 2022, according to the… Read More
Rupee Plunges to New All-Time Low of 288.43 Against US Dollar
The Pakistani rupee (PKR) plunged to a fresh all-time low against the US Dollar and posted big losses during intraday… Read More
Lower Income Country Debt Payments to Hit Highest Level in 25 Years: Report
Debt payments in low-income countries will reach their highest level since 1998 in 2023, with countries like Pakistan, Sri Lanka,… Read More
Pakistani Rupee Has Performed Worse Than Sri Lankan Rupee in 2023
While the government continues to place its faith in the International Monetary Fund (IMF) for recovery, the Pakistani Rupee (PKR)… Read More
Dollar Horror: PKR Loses Big to Close At 287.09 Against USD
The Pakistani rupee (PKR) continued to slip against the US Dollar and posted huge losses during intraday trade today. The… Read More
SBP Fines on Delayed Repatriation Are Hurting Pakistan’s Exports: WB Economist
While Pakistan’s trade deficit is declining, exporters are avoiding repatriation of delayed proceeds to keep away from paying heavy fines… Read More
Remittances Increase by 27.4% in March to Highest in 7 Months
Remittances in March registered an increase of 27.4 percent on a month-on-month (MoM) basis and touched the $2.5 billion mark… Read More
Analysis Shows Shocking Forecast for Pakistani Rupee in May
The Pakistani Rupee (PKR), the emerging markets’ worst performer in the past few months, is likely to extend losses in… Read More
Pakistan Continues Free Fall in Business Confidence Index Due to Unstable Economy
Pakistan’s business confidence continues on a steep downward trajectory amidst economic crises, and the Gallup Business Confidence Index is showing… Read More
PIA Seeks Bailout Package Worth Rs. 45 Billion to Finance Operations
Pakistan International Airlines (PIA) is seeking another Rs. 45 billion bailout package from the government to cover interest costs and… Read More
Pakistan’s Cotton Production Declines to Lowest in Almost 40 Years
Pakistan’s cotton output for crop year 2022-23 decreased by 34 percent year-on-year (YoY) to lowest in almost forty years, according… Read More
