The Pakistani Rupee (PKR) crashed further against the US Dollar (USD) and posted big losses during intraday trade today. It… Read More
Govt Likely to Enhance RLNG Tariff to Discourage Subsidy Misuse by CPPs
The government is likely to enhance the RLNG tariff of $6.5 per MMBTU to discourage the rent-seeking nature of Captive… Read More
Rupee Crashes 8th Day in a Row As Import Bill Soars, Markets Give in to Political Heat
The Pakistani Rupee (PKR) dropped further against the US Dollar (USD) and posted heavy losses during intraday trade today. It… Read More
Cotton Yield Takes $1.53 Billion Hit From Deadly Floods
The loss of the cotton crop was estimated at $1.53 billion (3.24 million bales) due to recent monsoon rains and… Read More
Remittances Recede by 3.2% in First Two Months of Current Fiscal
Overseas Pakistanis sent remittances of $2.7 billion in August 2022, which is 7.9 percent higher compared to the previous month… Read More
‘Overbudget’ Lowari Tunnel Costs Skyrocket by 471% in 18 Years
The cost of the Lowari Tunnel Project escalated by around 475 percent to Rs. 46 billion during the last 18… Read More
Bond Yields Stable As Year-to-Date Outlook Remains Jittery
The yields on all the Pakistani secondary market bonds have remained largely unstable for the calendar year 2022 as hefty… Read More
Value-Added Exports, Energy Reforms & Increased Social Spending to Strengthen Pakistan: ADB
Asian Development Bank (ADB) has stated that reforms are required to promote high value-added exports, expand social spending, reinforce energy… Read More
Rupee Crashes to Pre-IMF Levels As Uncertainty, Oil Prices and Politics Cause Panic
The Pakistani Rupee (PKR) crashed further against the US Dollar (USD) and posted heavy losses during intraday trade today. It… Read More
PSX Notifies Listing of HBL Exchange Traded Fund
Pakistan Stock Exchange (PSX) has notified the listing of HBL Total Treasury Exchange Traded Fund managed by HBL Asset Management… Read More
AIIB Extends Financial Support and Cooperation to Pakistan
The Asian Infrastructure and Investment Bank (AIIB) has extended financial support and cooperation to Pakistan as it plans rehabilitation following… Read More
Pakistan Can Generate 3,400,000MW Power Via Indigenous Energy Resources: Report
The power generation potential of Pakistan through indigenous energy resources is estimated to be approximately 3,400,000MW. According to a joint… Read More
