Belt and Road Initiative’s Initial Phase Spurs Industrialization in Pakistan, Eliminates Power Outages
Islamabad, October 21, 2023 (PAKONOMY): In a significant development, the Belt and Road Initiative (BRI) has not only transformed the…
Pakistan Slashes Steel Rebar Prices by Rs. 10,000 Per Ton in October 2023
Islamabad, October 20, 2023 (PAKONOMY): In a significant move, Pakistan has witnessed a substantial reduction in the prices of steel rebar…
Pakistan’s Premier Islamic Bank Posts Impressive Earnings of Rs25.99 Billion
Karachi, October 19, 2023 (PAKONOMY): Meezan Bank, the country’s largest Islamic bank, has reported a remarkable financial performance in the…
Honda Atlas Temporarily Halts Production in Pakistan Due to Supply Chain Disruptions
Islamabad, October 18, 2023: In a significant development, Honda Atlas Cars Pakistan, a subsidiary of Japan’s Honda Motor Co., Ltd.,…
Pakistan’s Rupee Continues to Soar Against USD Gaining 10.93%
Islamabad, October 16, 2023: Pakistani Rupee is showing incredible strength by extending its winning streak against the US dollar in…
Gold Prices in Pakistan Hold Steady Despite Recent Drop
Islamabad October 13, 2023: In a noteworthy twist of events in Pakistan’s financial arena, gold prices per tola have managed…
IMF Maintains 2.5% Growth Forecast for Pakistan, Lowers Inflation Projection
Islamabad: The International Monetary Fund (IMF) decided to maintain Pakistan’s economic growth forecast at 2.5% on Tuesday. Simultaneously, the IMF…
World Bank Expresses Concerns Over Pakistan’s Privatization Approach
ISLAMABAD: The World Bank has issued a stern warning regarding Pakistan’s strategy for privatizing its state-owned entities (SOEs). In a…
Mari Petroleum achieves successful drilling of an appraisal well in Sindh
Islamabad: Mari Petroleum Company Limited (MARI), one of Pakistan’s foremost energy and exploration enterprises, has achieved a significant milestone with…
Government’s ‘Winter Package’ Aims to Empower Industries with Affordable Electricity
Islamabad: The government of Pakistan is taking decisive steps to ensure a stable and affordable electricity supply during the winter…