Economy
Pakistan imported mobile phones worth Rs 8 billion in month of February 23
Pakistan’s mobile phone imports declined by 36.39 percent on amonth-on-month (MoM) basis in February 2023 and stood at $33.054 millioncompared...
EconomyPakistan
PIA decides to launch more flights on selected international routes
The Pakistan International Airlines (PIA) has decided to operate additionalflights from Faisalabad to Dubai and Muscat from March 26 to...
EconomyPakistan
Pakistani Rupee slumped heavily against US dollar in interbank market
The Pakistani rupee lost its steam against the US dollar and slumpedheavily during the interbank trading on Monday. According to...
Economy
Pakistan IT exports register decrease
The IT and IT-enabled Services (ITeS) export remittances comprisingcomputer services and call center services increased by over 1.7 percentduring the...
Economy
Pakistan current account deficit records massive decline
Pakistan’s current account deficit (CAD) decreased by 86 percent on ayear-on-year (YoY) basis to clock in at $74 million in...
Economy
CDA launches multi billion rupees development projects for Islamabad
The Capital Development Authority (CDA) is set to embark on new developmentschemes worth billions of rupees, aimed at improving the...
Economy
Pakistani Rupee slips further against US dollar in interbank market
KARACHI – The Pakistani rupee continued its losing streak on secondconsecutive day against the US dollar in the interbank and...
Economy
Bank deposits in Pakistan hit highest level of history
The bank deposits in the country have risen to record high after a 15percent jump during the last month. According...
Economy
In a setback, Foreign Banks refuse confirming Letters of Credits for Pakistani oil imports
Following the refusal of other players, Saudi Arabia’s Al-Rajhi Bank is nowthe only foreign bank currently confirming letters of credit...
Economy
Pakistan to face massive inflation after IMF package, warns PM Shehbaz Sharif
Prime Minister Shehbaz Sharif Tuesday said that the conditions set by theInternational Monetary Fund (IMF) will result in ‘more burden’...