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Pakistan Issues Presidential Ordinances for SOE Reforms as per IMF Demands
The Federal Government of Pakistan has enacted four presidential ordinances in response to the International Monetary Fund's (IMF's) demands. These…
Pakistan Army to Supervise Loss-Making Discos to Combat Electricity Theft
The government of Pakistan has decided to place the supervision of loss-making Distribution Companies (Discos) under the Pakistan Army to…
World Bank Launches Policy Notes for Pakistan’s Development
The World Bank, led by Regional Vice President for South Asia Martin Raiser, released a series of Policy Notes to…
PSX Shatters Records: Surpasses 60,000 Points for First Time in History
The Pakistan Stock Exchange (PSX) has achieved a remarkable feat by surpassing the 60,000-point mark for the first time in…
Economic Optimism in Pakistan: IPSOS Survey Reveals Shift Ahead of General Elections
A recent survey by IPSOS Pakistan, involving over 1,000 participants, indicates a shift in the economic outlook of Pakistanis as…
Gold Prices Surge in Pakistan, Tola Rate Sees Rs800 Increase
Pakistan's local market experienced a notable increase in gold prices, with the per tola (11.66 grams) price rising by Rs800.…
BYD Eyes Investment in Pakistan’s EV Market
Chinese electric vehicle (EV) maker BYD, a strong competitor of Tesla, is exploring investment opportunities in Pakistan's emerging EV market.…
NEPRA Greenlights Rs1.52 Surcharge Hike for Karachi Electric Users
The National Electric Power Regulatory Authority (Nepra) has sanctioned a significant surcharge hike for Karachi Electric (KE) consumers following a…
Pakistan’s Car Sales Plunge by 47.4% in First Four Months of FY 2023-24
Data released by the Pakistan Automobile Manufacturing Association (PAMA) indicates a sharp decline in car sales during the first four…