There is a significant risk of Digital Pakistan not being realized in the current market and regulatory environment, together with… Read More
Govt Paying Rs. 291 Billion Annual Subsidies to K-Electric Customers
The Federal government is providing Rs. 291 billion annual subsidies to K-Electric for protecting Karachiites from the impact of expensive… Read More
Broken RaDar: US Dollar Rises Further Against PKR Amid IMF Delay, Politics
The Pakistani Rupee (PKR) dropped further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Oil Prices Crash As Supply Concerns Ease On Russian Price Cap Talks
Oil prices fell on Thursday with Brent crude falling near Monday’s levels following developments that Group of Seven (G7) nations… Read More
Import Barriers in Pakistan Still Hurting Exporters: WB Economist
While Pakistan’s trade numbers have somewhat improved in the first four months of the current fiscal year, import barriers are… Read More
Rupee Falls Against US Dollar Despite Colossal Drop in Default Risk
The Pakistani Rupee (PKR) reversed gains against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Top Japanese Bank Says Pakistan Dangerously Close to Currency Crisis
Pakistan is now at a high risk of currency crises owing to dwindling forex (FX) reserves, exchange rate, financial health,… Read More
Pakistan’s Default Risk Falls Sharply to 71% As Nerves Briefly Subside
Pakistan’s chances of defaulting on its debt sharply reduced in the last 24 hours after nerves apparently subsided following Finance… Read More
Rupee Ends 7-Day Losing Streak Against US Dollar After Oil Drop, Political Clarity
The Pakistani Rupee (PKR) rebounded against the US Dollar (USD) and posted gains during intraday trade today. It appreciated by… Read More
Textile Industry Seeks Urgent Rescue to Avoid Shutdown
Around 60 percent of the textile industry has closed down or is on the verge of closure due to the… Read More
Amid Economic Crisis, Telcos Push to Delay 5G Launch in Pakistan
The launch of 5G network services in the country has seemingly been delayed as mobile companies have expressed a lack… Read More
Pakistan’s Information Technology Industry Has The Biggest Trade Surplus in The Country
Pakistan’s Information Technology industry has the biggest trade surplus in the country. Faiz Ul Haq, a renowned economist, revealed that… Read More
