Pakistan’s mobile phone imports crossed Rs. 32.7 billion in August 2023, according to the latest data released by the Pakistan Bureau of Statistics (PBS).According to PBS data, the imports in August 2023 were 71 percent higher than imports of Rs. 19.1 …

Agha Steel Industries Limited announced on Thursday that it has entered into a contract for the acquisition of a 50 cubic meter Blast Furnace for backward integration with its existing Arc furnace.In a notice to the Pakistan Stock Exchange (PSX), the …

The government has increased the average monthly sale price of re-gasified liquefied natural gas (RLNG) by roughly 3 percent due to heavy transmission and distribution losses ($1.2 million per cargo) and the impact of international prices ailing the do…

For a decade and a half, Zong 4G has stood as a beacon of customer-centric innovation in Pakistan’s telecommunications realm. Zong 4G is not just a telecom company; they are also pioneers who have redefined how people connect, keeping customers at the…

The slow-down of industrial activity amid rising prices of fuel, frequent increases in dollar price, and other related issues have forced the industry to resort to layoffs.

If the situation persists, established units will also face closure as they …

Remittances sent by overseas Pakistanis declined by 24 percent (or $651 million) to $2.09 billion in August 2023 compared to inflows of $2.74 billion registered in the same month last year.

However, on a month-on-month basis, the inflows in August 2…

Punjab’s sugar mills will supply sugar to the government at a rate of Rs. 140/kg with the aim of making it available to the public through special centres, model bazaars, and Sunday bazaar stalls.

This decision materialized during a meeting convened…

As part of a broader attempt to protect the country’s forex reserves, the interim government is working on imposing hefty regulatory duties on roughly 1,100 luxury and non-essential import items.

Dawn reported that the government is actively working…

Pakistan’s textile exports in August surged to the highest level since September 2022 ($1.53 billion), according to Arif Habib Limited.

As per the latest export data shared by the All Pakistan Textile Mills Association (APTMA), textile exports clock…

One of Pakistan’s leading media groups, Bol Network, has been acquired by AsiaPak Investments.

Bol will remain headquartered in Karachi with a nationwide presence, according to an official press release issued by the company.

AsiaPak Investments i…