Cell phone prices in Pakistan may go down by 10 to 15 percent as the local assembly is set to… Read More
Foreign Direct Investment Up 6% in First 8 Months of FY22
The foreign direct investment (FDI) in different sectors of the economy posted a 6 percent growth and increased to $1.257… Read More
Pakistan’s Forex Reserves Plunge by $385 Million
Pakistan’s liquid foreign reserves witnessed an outflow of $385 million in the week that ended on March 11, 2022, depicting… Read More
ECC Approves Wheat Support Price Revision and Fertilizer Subsidy
The Economic Coordination Committee (ECC) of the federal cabinet Thursday approved the revision of Minimum Support Price (MSP) of wheat… Read More
Petrochemical Sector Can Play Significant Role in Pakistan’s Economic Development: Adviser
Adviser to the Prime Minister on Commerce Abdul Razak Dawood Thursday said that the petrochemical sector can play a significant… Read More
Rupee Plunges Below Rs. 180 Against US Dollar With Oil Shortage Imminent
The Pakistani Rupee (PKR) crashed to another all-time low against the US Dollar (USD) and posted losses in the interbank… Read More
Reasons Behind Steep Correction in Global Oil Prices and Impact on Pakistan
The rapid reversal in global oil prices has been largely driven by hopes that Saudi Arabia and the UAE would… Read More
Govt Raises Rs. 193 Billion Through Pakistan Investment Bonds
The government on Wednesday raised Rs. 193 billion through the auction of fixed-rate Pakistan Investment Bonds (PIBs) against an auction… Read More
Shell Pakistan Posts Profit of Rs. 4.4 Billion in CY2021
The year 2021 remained significant for Shell Pakistan Limited (SPL), an integrated energy company, as it reported a profit after… Read More
Govt to Absorb POL Price Differential Claim of Up to Rs. 34.92 Per Liter
The Price Differential Claim (PDC) on high-speed diesel and petrol has reached Rs. 34.92 and Rs. 23.43 per liter respectively… Read More
Rupee Crashes to New Low Against US Dollar Amid Saudi-China Oil Controversy
The Pakistani Rupee (PKR) crashed to another all-time low against the US Dollar (USD) and posted losses in the interbank… Read More
Mobile Imports Surge 7.6% in 8 Months
Pakistan imported mobile phones worth $1.411 billion during the first eight months of 2021-22 compared to $1.311 billion during the… Read More
