After the detection of suspected cases of mis-declaration and evasion of duties and taxes at Sost Dry port, the Federal… Read More
TAPI Gas Pipeline to Significantly Curb Pakistan’s Supply Woes
The Turkmenistan-Afghanistan-Pakistan-India (TAPI) Gas Project will help in reducing Pakistan’s supply-demand gap by up to 1.3 bcfd, through an investment… Read More
Rupee Halts Losing Streak Against US Dollar After Pakistan Gets $500 Million
The Pakistani Rupee (PKR) was stable against the US Dollar (USD) during intraday trade today. It was stable at market… Read More
NHA Board Refers Rs. 20 Billion Motorway Police Case for Audit
The National Highway Authority (NHA) Executive Board referred the case of outstanding amount towards National Highway and Motorway Police (NHMP)… Read More
Unemployment Crisis Set to Worsen in Pakistan
The global economic slowdown due to bottlenecks in overall growth is expected to increase unemployment in the Asia-Pacific region, with… Read More
Pakistan’s LNG Import Bill Soared by Almost 3x During FY22
Pakistan’s Liquefied Natural Gas (LNG) import bill has increased by almost 280 percent during the last six years and reached… Read More
Oil Prices Drop Near Lowest Levels Since January
Oil prices fell on Monday with Brent crude falling near its lowest level since January 4th, 2022. The world’s most… Read More
Rupee Drops 4th Day in a Row Against US Dollar After SBP Rate Hike
The Pakistani Rupee (PKR) dropped further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
NHA Recommends Reconstruction of Moro-Ranipur N5 Link Under ADB Program
The National Highway Authority (NHA) Executive Board recommended the PC-I for “Rehabilitation and Reconstruction of N-5 from Moro to Ranipur… Read More
Ishaq Dar’s Dubious Default Logic And What It Really Means for All of Us
Drama ensued last week when Pakistan’s benchmark 5-year Credit Default Swap (CDS) sharply reduced to 71 percent from 123 percent… Read More
KSE-100 Index Plunges After Frantic Sell-off Due to Hike in Policy Rate [Updated]
Pakistan equities witnessed a selling spree early today after the State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) on… Read More
Top Egyptian Company Sees Pakistan’s GDP Growth Dropping to 2.1% in FY23
Pakistan’s GDP growth is expected to slow down to 2.1 percent in the current fiscal year owing to challenging economic… Read More
