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Economist Intelligence Unit releases 2023 rankings: Karachi among cheapest, Singapore and Zurich top most expensive cities

The Economist Intelligence Unit's recently unveiled list of the cheapest and most expensive cities for 2023 features Damascus, Tehran, and...

Published: 01 Dec, 2023

Petroleum prices expected to remain stable in upcoming fortnightly review

In the forthcoming fortnightly review, the prices of petroleum products are anticipated to maintain stability, with minor adjustments expected in...

Published: 30 Nov, 2023

K-Electric claims 71% of Karachi free from power outages

In a public hearing held by the National Electric Power Regulatory Authority (Nepra), K-Electric (KE) representatives asserted that the company...

Published: 29 Nov, 2023

Pakistan and Kuwait ink seven billion-dollar agreements

In a landmark meeting between Pakistan and Kuwait, Prime Minister Anwar Haq Kakar, alongside Army Chief General Syed Asim Munir,...

Published: 29 Nov, 2023

Pakistan's travel services exports surge, Earn $157.075m in first quarter

Pakistan has witnessed a notable surge in its travel services exports, generating a revenue of $157.075 million during the initial...

Published: 29 Nov, 2023

K-Electric announces ambitious investment plan for affordable and sustainable energy

In a recent development, KE Electric, under the leadership of Chief Financial Officer Ameer Ghaziani, has unveiled an ambitious investment...

Published: 28 Nov, 2023

Pakistan witnesses a 30% surge in food exports in the first four months of the fiscal year

Pakistan has experienced a significant boost in food exports during the initial four months of the current fiscal year, with...

Published: 27 Nov, 2023

Karachi industrialists threaten protests in December over unbearable gas tariffs

The industrial community in Karachi has issued a stern warning to the caretaker government, stating that if gas prices are...

Published: 23 Nov, 2023

Pakistan's cement exports surge by 40.46% in first four months of FY 2023-24

In a notable economic development, Pakistan's cement exports experienced a remarkable increase of 40.46% during the first four months of...

Published: 23 Nov, 2023

Senator proposes abolishing Rs 5,000 notes to combat inflation

A significant move unfolded in the Senate as Senator Mohsin Aziz presented a motion advocating for the abolition of Rs...

Published: 22 Nov, 2023

Caretaker minister acknowledges K Electric's deteriorated plants, calls for unified business voice

  During a recent event in Karachi, Caretaker Minister for Industries and Revenue,...

Published: 16 Nov, 2023

Karachi Dairy Farmers Association raises milk prices

The Karachi Dairy Farmers Association has announced a significant increase in milk prices across the province, citing the uncontrollable surge...

Published: 13 Nov, 2023

New York State deputy speaker advocates for increased US-Pakistan business collaboration

Deputy Speaker of the New York State Assembly, Phil Ramos, highlighted the importance of enhancing business collaboration between the United...

Published: 09 Nov, 2023

Pakistan unveils strategy to boost FDI, attracting interest from Saudi Arabia, UAE, and Qatar

Pakistan has recently announced a comprehensive strategy aimed at bridging the external financial gap, focusing on enhancing foreign direct investment...

Published: 08 Nov, 2023

KSE-100 index hits all-time high, surges past 53,500 mark

The Pakistan Stock Exchange (PSX) witnessed a bullish trend as the KSE-100 index surged to an all-time high, crossing the...

Published: 06 Nov, 2023

Pakistan Stock Exchange's KSE-100 index hits 'all-time high,' crosses 53,000 mark after six years

The Pakistan Stock Exchange's (PSX) KSE-100 index achieved an 'all-time high' on Friday, crossing the 53,000 barrier for the first...

Published: 03 Nov, 2023

Pakistan records alarming inflation rate of 26.89% in October 2023, continues upward trend

The Bureau of Statistics has released concerning data regarding inflation for the month of October 2023, revealing a staggering inflation...

Published: 02 Nov, 2023

Germany on the lookout for investment opportunities in Karachi

Dr Rudiger Lotz, Consul General Germany met Barrister Murtaza Wahab, Mayor Karachi at KMC head office to discuss issues of...

Published: 21 Oct, 2023

Major car manufacturers Toyota, Honda, and Pak Suzuki temporarily shut operations in Pakistan

Three major car manufacturing companies, Toyota, Honda, and Pak Suzuki, have officially announced the temporary closure of their operations in...

Published: 19 Oct, 2023