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Tag: Fiscal Year 2023-24

gas price hike sngpl
Business
  • Web Desk
  • Dec 13, 2023
SNGPL appeals for gas price hike amidst revenue shortfall projections

Sui Northern Gas Pipelines Limited (SNGPL) has formally requested the Oil and Gas Regulatory Authority (OGRA) for an upward revision in its average prescribed gas price, proposing an increase of Rs506.35 per MMBTU, effective July 1, 2023.

overseas workers' remittances to Pakistan report
Pakistan
  • Web Desk
  • Dec 09, 2023
Overseas workers’ remittances to Pakistan hit $2.3 billion

In the last month, overseas workers’ remittances to Pakistan reached $2.3 billion, as reported by the State Bank of Pakistan (SBP).

Pakistan transport services
Business Pakistan
  • Web Desk
  • Dec 08, 2023
Pakistan earns over $206 million by providing transport services

In the initial quarter of the fiscal year 2023–24, Pakistan generated a total of $206.928 million through providing diverse transport services in various nations.

Pakistan's exports to China witness notable increase
Business
  • Web Desk
  • Dec 01, 2023
Pakistan’s exports to China soar with nearly 80% YoY growth

Pakistan’s exports of goods and services to China experienced a notable surge, marking a significant increase of 40.36 per cent.

Trade deficit Pakistan
Business Pakistan
  • Web Desk
  • Dec 01, 2023
Pakistan’s trade deficit shrinks by 13.16% in November

Pakistan’s trade deficit demonstrated a notable improvement, standing at $1.89 billion and witnessing a 13.16 per cent reduction.

motorcycle sales drop in Pakistan
Business
  • Web Desk
  • Nov 24, 2023
Motorcycle, three-wheeler sales drop by over 10% in Pakistan

The sale of motorcycles and three-wheelers in Pakistan experienced a 10.1 per cent decline during the initial four months of the current fiscal year (2023–24) when compared to the corresponding period last year.

remittances
Business
  • Web Desk
  • Oct 17, 2023
Pakistan receives $3.52 billion in loans and grants in first quarter of FY24

In the initial quarter of the fiscal year 2023–24, Pakistan acquired a substantial financial boost, garnering a total of $3.52 billion in financial assistance.

Pakistan large scale manufacturing
Business
  • Web Desk
  • Oct 16, 2023
Pakistan’s industrial output increases to 8-month high in August

In August 2023, Pakistan’s Large Scale Manufacturing Industries (LSMI) experienced a significant 8.44 per cent month-on-month growth, marking the most substantial increase since December 2022, according to the latest report from the Pakistan Bureau of Statistics (PBS).

remittances
Business
  • Web Desk
  • Oct 10, 2023
Pakistan receives $2.2 billion in September remittances

In September 2023, Pakistan received a substantial influx of remittances totaling US$2.2 billion, as reported by the State Bank of Pakistan.

Pakistan Chine Trade Export increase
Business
  • Web Desk
  • Oct 07, 2023
Pakistan records more than 5% increase in exports to China

In the initial two months of the fiscal year 2023-24, Pakistan experienced a considerable surge in its exports to China, according to the State Bank of Pakistan (SBP).

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