• 18 May, 2024

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Economy

Pakistan Imports Phones Worth $644 Million During July-October FY22

Pakistan imported mobile phones worth $644.673 million during the first four months (July-October) of 2021 compared to $557.961 million during the same period of last year, registering a growth of 15.54 percent, according to the Pakistan Bureau of Stat…

Economy

Rupee Breaks Losing Streak Against the US Dollar On the Back of Good News

The Pakistani Rupee (PKR) finally recovered against the US Dollar (USD) and appreciated 43 paisas against the latter in the inter-bank market today. It hit an intra-day high of Rs. 174.20 against the USD during today’s open market session.The PKR appre…

Economy

Pakistan to Enhance Bilateral Trade With Australia

A delegation led by the Australian Trade Commissioner to Pakistan, John Cavanaghon, called on the federal Minister of National Food Security and Research, Syed Fakhar Imam, at his office in Islamabad today (15 November).Minister Imam welcomed the Austr…

Economy

Palestinian Envoy Says Working on Extensive Plan to Enhance Trade With Pakistan

Ambassador of Palestine to Pakistan, Ahmed Rabei, has reaffirmed his country’s resolve to strengthen the bilateral relations with Pakistan through enhanced cooperation in various areas to benefit the citizens of both countries.In an exclusive interview…

Economy

Privatization Commission Generated Over Rs. 1 Billion by Auctioning Properties

Privatization Commission on Monday informed the senate standing committee on privatization, that 23 properties in various cities have been sold in September through an open auction, and a sum of Rs 1.11 billion was generated for the national exchequer….

Economy

Privatization of Heavy Electrical Complex (HEC) Reaches Final Stages

The privatization of the Heavy Electrical Complex (HEC) has entered into its final stages.Currently, different options for the determination of Reserve Price for the bidding of HEC shares are being considered by the Privatisation Commission (PC) before…