Business

Business

Pakistan Authorizes ‘B2B Barter Trade Mechanism’ with Iran, Afghanistan, and Russia

The 'Business-to-Business (B2B) Barter Trade Mechanism' has been officially sanctioned by the federal government of Pakistan to foster trade with…

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IMF Denies Pakistan’s Request to Lower Loan Requirement: Strains Ahead

In a policy statement to the National Assembly Standing Committee on Finance, Dr. Aisha Pasha, the Minister of State for…

3 Min Read

Pakistan’s Central Bank Eyes Digital Currency Introduction

Pakistan's central bank is making significant progress in the digital banking sector, aiming to launch a digital currency analogous to…

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Significant Reduction in LPG Prices Announced by Ogra

The Oil and Gas Regulatory Authority (Ogra) announced a significant drop in liquefied petroleum gas (LPG) cost, slashing the price…

2 Min Read

Gold Prices Drop in Pakistan Amid Rupee Appreciation

Gold prices in Pakistan plummeted sharply on Thursday due to a significant appreciation of the local currency against the dollar…

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Pakistan’s Annual Inflation Hits Record High in May

Pakistan's annual inflation soared to 37.97% year-on-year in May, as the country's statistics bureau reported on Thursday. This continues the…

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Pakistan International Airlines Reports Significant Loss in Q1 2023

Pakistan International Airlines (PIA) has reported a financial loss of Rs38 billion for the first quarter of 2023, a staggering…

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Government Cuts Petroleum Prices By Rs. 8 -Amid Economic Pressure

The federal government has announced a decrease in petroleum product prices, cutting as much as Rs8 per litre. This announcement…

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Significant Price Reduction for Ghee and Cooking Oil at Utility Stores

On Wednesday, the government announced a price reduction for different ghee and cooking oil brands at utility stores. According to…

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