27% shrink in trade deficit leading to alarming revelations!
Trade deficit of a consumption driven Pakistani economy has remained a consistent problem. In August 2022, trade deficit shrank by 27% as compared to...
Pakistan to participate in trade expos in China
Pakistan will take part in 13 trade shows in China from 2022 to 2023. According to the Trade Development Authority Pakistan's (TDAP) Annual Business Plan (ABP), Pakistani representatives would attend exhibitions and fairs in various Chinese cities during this time, including officials, experts, importers, and exporters.
Good news for electricity consumers!
Federal Minister of Water and Power Khurram Dastgir has said that electricity bills will start decreasing from October, new bills are being issued to...
10,000mw solar power plants to be installed before summers 2023
The Prime Minister approved the development of solar power plants in the country on Thursday, recognizing the rise in imported fuel prices.
Broke backs and breaking records: PBS reveals 27.3pc inflation in Aug 22
Data released by the Pakistan Bureau of Statistics (PBS) about inflation in August 2022 has created a sensation in national as well as international...
Disappointment expressed on FBR’s increased net revenue
FBR revealed that its net revenue increased by over 9 percent to Rs489bn in August, surpassing the Rs483bn target set for the month.
SBP receives loan tranche of $1.16bn amid dwindling forex reserves
State Bank of Pakistan (SBP) announced on Wednesday that it has received loan tranche of Extended Fund Facility (EFF) totaling to USD 1.16 billion...
IMC and MTL announce shutdown!
Toyota assemblers intimated the Pakistan Stock Exchange about the closure of plant from Sept 1-16 due to parts shortages caused by import restrictions.
PriceOye.pk raises $7.9 million in a seed funding
Technopreneurship and social innovation have helped PriceOye to become one of the leading B2C e-commerce platforms with exponential growth.
NEPRA comes up with another hike!
NEPRA announced this decision on account of fuel price adjustment for the month of July.
NEPRA approves relief to K-electric consumers for July bills
Electricity consumers protested on roads as they were bombarded with hefty bills. On account of outrage expressed by the consumers, the National Electric Power...
Flash floods and food shortages: issuing import permits for onions and tomatoes
Due to the massive damages caused by the flash floods in Pakistan, food shortages are highly expected. Prices of onions and tomatoes are talking...