21 commodities have gotten expensive

Weekly inflation has increased by 0.53 percent, and yearly inflation is now at 30.60 percent, signaling a nationwide increase in inflation. The prices of nine commodities declined and those of 21 vital commodities grew in the most recent week, while rates for 21 goods remained unchanged, according to the Pakistan Bureau of Statistics (PBS) weekly […]

A agreement of cooperation on creating RMB clearing procedures in Pakistan was signed by the Central Bank and the State Bank of Pakistan

A agreement of cooperation on establishing RMB clearing procedures in Pakistan was recently signed by the People’s Bank of China and the State Bank of Pakistan. The introduction of the RMB clearing arrangement in Pakistan, according to the central bank, would make it easier for Chinese and Pakistani businesses and financial institutions to do cross-border […]

MOITT launches 2 more projects worth Rs. 1 bln for Tharparkar, Gwadar

ISLAMABAD, 30 Oct. The provision of mobile and high-speed internet services in the districts of Tharparkar and Gwadar has been the focus of two new initiatives initiated by the federal ministry of information technology and telecommunications, according to Syed Amin Ul Haque. The Universal Service Fund (USF) Board authorized the Minister of Information Technology and […]

CCP suggests actions to boost effectiveness along 10 food commodities’ value chains

ISLAMABAD, Oct. 29: The Competition Commission of Pakistan (CCP) has finished a draught study to address market distortions and encourage efficiency and competition in the value chain of ten essential food commodities, including onion, edible oil and ghee, potato, poultry, wheat, sugar, milk, rice, tomato, and pulses. A typical household spends 63% of its monthly […]

Launch of “Cafe Tourism” in Gwadar

In accordance with the principles of Gwadar’s initial tourism plan under the Smart Port City Master Plan, Gwadar cafe tourism has begun. After two Gwadar residents, Fahad Ishaq and Qadeer transformed their family boat into a cafe, the first of its kind in the area of Gwadar city, cafe tourism has taken off, astonishing and […]

KCR project of Rs 292.389 billion is approved by CDWP

ISLAMABAD: On Tuesday, the Central Development Working Party (CDWP) approved the Rs 292.389 billion Karachi Circular Railway Project (KCR) during a meeting presided over by Professor Ahsan Iqbal, the federal minister for planning, development, and special initiatives. The Secretary of the Ministry of Planning Commission, the Chief Economist, representatives from the Ministry of Railway, and […]

Chinese experts team releases initial flood report from Pakistan

ISLAMABAD, 22 Oct. The preliminary assessment of the harm caused by the recent flash floods in Pakistan was provided by a delegation of Chinese disaster management specialists on Friday (the 21st), along with recommendations for how to avoid future occurrences of the same catastrophes. After touring many flood-affected districts in Pakistan, the 11-person delegation, led […]

Pakistani capital on alert

On the 21st local time, Islamabad, the capital of Pakistan, entered a state of alert, and at least 1,100 police officers have been deployed in the capital region to control the security situation. The highway to Islamabad from the outside world has been closed, and some sections of the city have been blocked.

Sukkur-Hyderabad Motorway: Award for construction granted

The Sukkur-Hyderabad Motorway (M-6) project, with an estimated cost of about Rs 307 billion, was awarded on Wednesday by the National Highway Council, the highest authority of the National Highway Authority (NHA). Asad Mahmood, the federal minister for communications and postal services, presided over the group’s meeting on Wednesday in this location. Syed Khurshid Ahmad […]