Economy

Pakistan’s logistics sector loses $36 billion annually due to offline trade
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Pakistan’s logistics sector loses $36 billion annually due to offline trade

Industry leaders urge digital transformation to boost competitiveness

State Bank of Pakistan's foreign reserves marginally up
Business

State Bank of Pakistan's foreign reserves marginally up

Country’s overall liquid reserves near $16 billion

Pakistan's power generation declines in January
Business

Pakistan's power generation declines in January

Declining hydel and coal generation contribute to power sector challenges

Pakistan’s large-scale manufacturing continues to go downhill
Business

Pakistan’s large-scale manufacturing continues to go downhill

Manufacturing declines 1.9% in the first six months of the fiscal year

Khyber Pakhtunkhwa faces hours of loadshedding. What's the government doing?
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Khyber Pakhtunkhwa faces hours of loadshedding. What's the government doing?

Despite the province facing a shortfall of 1,000 megawatts of electricity, the government plans to start selling power to companies

Repatriation of profits from Pakistan decreases by 19% in January
Business

Repatriation of profits from Pakistan decreases by 19% in January

The oil and gas exploration sector led the repatriation with $36.1 million

Pakistan's state-owned enterprises report PKR 851 billion aggregate loss for FY24
Pakistan Business

Pakistan's state-owned enterprises report PKR 851 billion aggregate loss for FY24

Power distribution companies are also losing around $1 billion annually

Barrick Gold confirms 37-year mine life for Reko Diq, with $90 billion in projected cash flow
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Barrick Gold confirms 37-year mine life for Reko Diq, with $90 billion in projected cash flow

Pakistan’s largest copper-gold project to see $8.83 billion investment, first production expected by 2028

US reciprocal trade policy increases uncertainty over tariffs and global trade: Fitch
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US reciprocal trade policy increases uncertainty over tariffs and global trade: Fitch

Ratings agency warns of rising economic risks for major US trading partners as tariff policies broaden in scope

Pakistan sees 56% surge in foreign direct investment in 7 months
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Pakistan sees 56% surge in foreign direct investment in 7 months

Inflows into the electronics sector rises over six times

Pakistan rice exports grow steadily despite stiff competition from other countries
Pakistan Business

Pakistan rice exports grow steadily despite stiff competition from other countries

Since FY24, Pakistan has explored new markets and in January alone, exports of rice to Indonesia amounted to 66,900 metric tons

Pakistan companies rated moderately transparent in corporate reporting
Business

Pakistan companies rated moderately transparent in corporate reporting

Anti-corruption programs see lowest transparency scores

Pakistan’s tech sector thrives with 18% export growth in January
Business

Pakistan’s tech sector thrives with 18% export growth in January

Tech export growth continues strong despite recent monthly drop

Pakistan announces auction of offshore and onshore exploration blocks
Business

Pakistan announces auction of offshore and onshore exploration blocks

Shell and tight gas reserves are among the resources available for exploration

Pakistan posts current account deficit of $420 million in January
Business

Pakistan posts current account deficit of $420 million in January

Trade deficit surged 26% while direct investment outflows continue

Thousands of Indian investors lose $100 million in Ponzi scheme, police say
India

Thousands of Indian investors lose $100 million in Ponzi scheme, police say

The company collected INR 17 billion from nearly 7,000 investors since 2021 but has repaid only half

ADB to expand operations by 50% over next decade to boost regional development
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ADB to expand operations by 50% over next decade to boost regional development

ADB aims to increase annual financing to over $36 billion by 2034, focusing on private sector growth, climate finance, and regional cooperation