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Web Desk
Aug 04, 2024

PPP leads in IMF borrowing among recent governments

During its tenure from 2008 to 2013, the PPP secured loans amounting to over $7.72 billion.

Business

Web Desk
Aug 03, 2024

Cement sales in Pakistan drop by 6.81 per cent in July

The All Pakistan Cement Manufacturers Association (APCMA) has reported a 6.81 per cent decline in cement sales for July 2024.

Business

Web Desk
Aug 03, 2024

Pakistan considers importing coal from Kyrgyzstan to enhance power generation

Pakistan is evaluating the option of importing coal from Kyrgyzstan to support its power generation needs while transitioning to coal from the Thar region.

Business

Web Desk
Aug 03, 2024

Negative adjustment of Rs6.69 billion approved for K-Electric

Nepra has sanctioned a negative adjustment of Rs6.690 billion for K-Electric (KE) for the quarter spanning April to June 2023.

Business

Web Desk
Aug 03, 2024

Denmark to invest $2 billion in Pakistan’s port development

The Federal Cabinet has approved a significant investment plan from Denmark, amounting to $2 billion, for the development of Pakistani ports.

Business

Web Desk
Aug 03, 2024

Gold price falls by Rs500 per tola

Gold prices in Pakistan saw a decline on Saturday, following an increase in the previous session and a drop in international rates.

Business

Web Desk
Aug 02, 2024

Oil marketing companies in Pakistan record 11.4 per cent sales decline

The sales of oil marketing companies in Pakistan fell by 11.4 per cent year-on-year in July 2024, reaching 1.2 million metric tons (MTs).

Business

Web Desk
Aug 02, 2024

Pakistan to grant free visas to Chinese citizens starting August 14

Pakistan will introduce a free visa policy for Chinese citizens from August 14, reinforcing its commitment to strengthening ties with Beijing.

Business

Web Desk
Aug 02, 2024

PBS data reveals first decline in SPI inflation in five weeks

For the first time in five weeks, Pakistan experienced a drop in weekly inflation, largely due to a reduction in electricity charges compared to the previous week.