A critical review of Pakistan’s trade statistics for Q1 of FY22
Pakistan’s trade statistics for the first quarter of FY22 present a mixed picture of the country’s economic trajectory. The figures for imports and exports as reported by the Pakistan Bureau of Statistics are a potent indicator of the effectiveness of the government’s trade policies and the direction of the economy.
Tarin defends government’s decision to increase petroleum prices
Finance Minister reiterated that petroleum prices were still cheapest in Pakistan, in comparison to the rest of the world except the sixteen oil producing countries. The government, from October 1, increased the price of petrol and high speed diesel (HSD) by 4 rupees per liter and 2 rupees per liter, respectively.
Volkswagen partners with Premier Motor to launch SUVs and CUVs in Pakistan
In what can be termed as a game-changing development for the Pakistani automobile sector, Volkswagen and Skoda SUVs and Crossovers will be assembled in Pakistan and will be available to the consumers by mid 2023.
Pakistan pavilion to showcase its culture at Dubai Expo 2020
World Expo 2020 starts in Dubai after a one year delay because of the COVID-19 pandemic. It is set to take place from 1 October 2021 to 31 March 2022. The theme of Expo 2020 is 'Connecting Minds, Creating the Future'.
PTI govt to launch SME policy next month
The minister highlighted government’s efforts to support industrial development through a set of policies and tax benefits to industries and specifically women entrepreneurs.
Food delivery via drones to begin soon in Islamabad
Deputy Commissioner Islamabad Hamza Shafqat, in a twitter post, informed the residents of Islamabad that food delivery through drones is set to begin in the national capital.
US rushed Afghan exit poses threat to Pakistan’s nuclear arsenals: US generals
US rushed Afghan exit poses threat to Pakistan’s nuclear arsenals, claim US generals as they have become vulnerable amid present Afghan chaos. They also added that the US Afghan exit was not according to their plan.
The ways pandemic has changed our social etiquette
The majority of scientists around the globe agree that the widely discussed coronavirus crisis may stay with us for many decades to come, or...
SBP’s decides to moderate demand growth in economy
State Bank of Pakistan has revised Prudential Regulations (PRs) to moderate demand growth in consumer financing for automobiles, personal loans and credit cards in the country. Analysts were quick to point out the fallacies of such regulation for the economy.
Pakistan’s first ever Pharma export Awards being held on September 29
Pakistan Pharmaceutical Manufacturer’s Association (PPMA) is hosting Pakistan's first-ever 'Pharma Export Summit and Awards 2021' on 29th September to demonstrate export potential of pharmaceutical sector
Which one will you buy? KIA Stonic vs Honda City vs Toyota Yaris
KIA Stonic is going to be a new entrant in the Pakistani market, and since the crossover SUV section is very quickly replacing the sedans, it was only fair that KIA's new SUV is compared against the popular Honda City and Toyota Yaris.
Pakistan’s TAG raises $12M in South Asia’s biggest ever seed
Pakistani fintech startup TAG valued at $100 million has raised $12 million in seed financing. The company in the long run aims to be a one-stop-shop for every financial solution that an individual or an organization might need.