Business
Business
Pakistan’s PTA Restores Mobile Internet, But Social Media Still Suspended
The Pakistan Telecommunication Authority (PTA) spokesperson stated on Saturday that there were no directives yet to reinstate social media in…
Staggering 85% Drop in Pakistan’s Passenger Car Sales: A Deep Dive
The passenger car industry in Pakistan has experienced a staggering 85% drop in year-on-year sales, largely due to non-production days,…
Pakistani Rupee Rebounds Sharply Amidst Improved Political Climate
The Pakistani rupee staged a strong recovery on Friday, significantly appreciating value against the US dollar. This turnaround was primarily…
Pakistan’s Forex Reserves Dip Further Amid IMF Talks Stalemate
The foreign exchange reserves of the State Bank of Pakistan (SBP) persist in their downward trajectory, dipping to $4.38 billion…
Pakistani Rupee Hits Record Low Amid Political Turmoil
The Pakistani rupee has experienced a record-low value amid the political turmoil and clashes following the arrest of Pakistan Tehreek-e-Insaf…
Iranian Fuel Smuggling Surges in Pakistan, Impacting Diesel Sales
The Pakistan Petroleum Dealers Association (PPDA) has raised concerns over the increasing smuggling of Iranian fuel into Pakistan, stating that…
Pakistan Faces Default Risk Without IMF Program: Moody’s Warning
Moody's Investor Service has expressed concerns over Pakistan's ability to meet its financial obligations beyond June 2023 without an International…
ADB Urges Pakistan to Implement Structural Reforms and Targeted Subsidies for Sustainable Economic Growth
Stressing the need for structural reforms, the Asian Development Bank (ADB) advised Pakistan to provide targeted subsidies to mitigate inflationary…
Customers Hope for Lower Vehicle Prices After Regulatory Duty Abolition
All Pakistan Motors Dealer Association (APMDA) Chairman Haji Mohammad Shehzad said Saturday that the abolition of regulatory duty would significantly…