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Tag: Economic impact

shutter down strike Pakistan
Business
  • Web Desk
  • Aug 29, 2024
Shutter-down strike over rising power prices, taxes results in heavy trade losses

The nationwide strike called by the business community on Wednesday in protest against rising electricity bills and the increasing tax burden led to significant trade losses across the country.

Mahandari bridge Kaghan Valley
Pakistan
  • Web Desk
  • Aug 12, 2024
Reconstruction of Mahandri Bridge restores access to Kaghan Valley

The Mahandri Bridge, destroyed by recent floods, has been successfully rebuilt, reopening the route to the Kaghan Valley.

cement sales drop in Pakistan
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.

Pakistan power generation
Business
  • Web Desk
  • Mar 19, 2024
Pakistan sees 37 per cent drop in monthly power generation costs

In February, the average cost of electricity stood at Rs8.7 per kilowatt-hour (KWh), marking a 9 per cent increase compared to the same period last year, according to Topline Securities, a brokerage house, as reported on Tuesday.

petrol price increase
Business
  • Web Desk
  • Mar 13, 2024
Petrol, diesel prices expected to increase this week

The government is expected to implement a slight adjustment in fuel prices for the latter part of March 2024.

gold prices down
Business
  • Web Desk
  • Mar 06, 2024
Gold price surges by Rs1,500 per tola

In a synchronised move with the global uptrend, gold prices in Pakistan witnessed a substantial increase on Wednesday.

global oil prices
Business
  • Web Desk
  • Feb 26, 2024
Global oil prices extend losses

In continuation of losses from the previous session, oil prices faced a downturn on Monday as the US dollar strengthened.

Inflation decline in Pakistan
Business
  • Web Desk
  • Feb 23, 2024
Inflation tightens grip as weekly SPI surges by 30.68%

Sensitive Price Indicator (SPI) for the Combined Group witnessed an uptick of 0.04 per cent WoW during the week ending February 22, 2024.

no more free electricity for power company employees
Business
  • Web Desk
  • Feb 21, 2024
Energy affordability plummets as tariffs reach new highs

The power sector in Pakistan is facing a critical situation as industrial power tariffs surge to approximately 17 cents per kWh.

Pakistan Railways Thar to Port Qasim
Business
  • Web Desk
  • Feb 17, 2024
Pakistan Railways raises fares for all passenger trains

Pakistan Railways has declared a fare hike for all passenger trains, as revealed in a notification released on Friday.

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