BEIJING: “As China relaxes its Covid-19-related restrictions, I think a major turnaround will happen for Pakistani producers. I hope that Pakistani producers, exporters, and manufacturers will come here and explore…
KARACHI: Even from Pakistan’s standard, the outgoing year was a nightmare. Marred with domestic political uncertainty – compounded by a spike in energy prices and global interest rates hike –…
ISLAMABAD: We will have an interim government fairly soon and it would not be an easy time for that set-up due to political temperature, and more importantly due to the…
KARACHI: Pakistan’s foreign exchange reserves are in dire straits. As of January 6, 2023, the State Bank of Pakistan (SBP) reported having a mere $4.3 billion on hand, barely enough…
ISLAMABAD: The word ‘pledge’ appears in the news far too often, albeit accompanied by ‘unfulfilled’ or ‘failed.’
ISLAMABAD: The World Bank has diverted $615 million from ongoing slow moving projects towards rehabilitation and reconstruction of the flood-affected areas, which Pakistan was unable to use due to multiple…
SBP says inflows stood at $2.10b in Nov; major reduction comes from UAE KARACHI: The inflows of workers’ remittances sent home by overseas Pakistanis have continued to slow down, plunging…
Inflation measured by SPI reached 31.75% on a year-on-year basis in the week ending on January 12 ISLAMABAD: The trend of the rising prices carried on in the week that…
Diverts 20% funds towards lawmakers’ schemes to bypass provincial govt ISLAMABAD: In a bid to deny its political arch rival, Pakistan Tehreek-i-Insaaf (PTI), an opportunity to win voters using the…
On account of petition filed by the government regarding uniform tariff for Discos and KE ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Friday allowed an increase of Rs4.49…
