Rising oil prices on mounting supply tightness; US refinery units face shutdown
Singapore: Oil prices rose on Thursday on mounting supply tightness concerns amid disruptions to Russian exports, the potential for major producers to cut output,...
Eco-destructive tourism in Pakistan
Raja Shaheryar Khan, a Pakistan Army veteran, has raised the issue of eco-destructive tourism in Pakistan in a brief twitter thread.
Acquisition of Cloudways by DigitalOcean for $350 million
Cloudways, a Pakistani cloud hosting service provider, is being acquired by US-based DigitalOcean for $350 million in an all-cash transaction. The agreement has been...
Freelancers winning the marathon!
In fiscal year 2022, Pakistani freelancers received over $400 million in export remittances by providing various services online to international clients in various countries....
Which Proton Saga is better?
Al-Haj Motors has recently launched the three variants of Proton Saga in Pakistan; Standard MT, Standard AT, and Ace AT.
Inflow of $185.61 million external loans in July
In the first month of the current fiscal year 2022-23, the government obtained $185.61 million in external loans, primarily due the absence of International...
Decline in CAD to $1.2 billion in July- SBP
Current account deficit (CAD) has remained a constant problem of Pakistan which aggravated in recent past due to rapid depreciation in rupee against the...
Widespread protests against skyrocketing electricity bills
Electricity consumers have come on roads to protest hike in electricity tariffs. The consumers have refused to pay heavy taxes and demanded the authorities...
Rupee continues to fall as political commotions overtake the market
On Tuesday, market sentiment was dominated by worries about a restricted supply of oil after Saudi Arabia warned that the country would reduce output to reverse a recent decrease in oil prices.
Shedding light on globally falling and nationally rising fuel prices
Today, during a joint press conference of former Minister for Finance Shaukat Tarin and former Minister for Energy Hammad Azhar, it was highlighted that...
Cooling down the economy: SBP keeps the policy rate unchanged at 15pc
The State Bank of Pakistan (SBP) published its Monetary policy Statement on August 22, 2022. The Monetary policy Committee (MPC) decided to keep the...
Skyrocketing electricity bills and response of the Prime Minister
Skyrocketing electricity bills have blown the minds of consumers. As reported by a private media channel, Prime Minister Shehbaz Sharif took notice of the...