Maize (Corn) prices across Punjab have declined by 10-12 percent over the past two weeks despite hoarding and refusal to sell by both farmers and traders across the board.Maize is grown as a cash crop across the country and is highly capital-intensive…
The State Bank of Pakistan (SBP) said its foreign exchange reserves have increased by 4.2 billion U.S. dollars.During the week ending on July 14, the total foreign exchange reserves of Pakistan’s central bank moved to around 8.73 billion dollars, the S…
Toyota Indus Motor Company (IMC) has once again halted production due to a shortage of parts and inventory caused by import restrictions.According to the latest notification, the assembly plant will be closed from July 21 to August 3. The manufacturer…
The price of gold in Pakistan dropped by over Rs. 5,000 per tola on Thursday after registering an increase of Rs. 13,200 in the first three days of the week.According to the data released by All-Pakistan Sarafa Gems and Jewellers Association (APSGJA),…
The country imported mobile phones worth $570.071 million during the fiscal year 2022-23, registering a decrease of 71.19 percent when compared to $1.978 billion during the fiscal year 2021-22.Pakistan’s mobile phone imports increased by 24.03 percent…
The foreign exchange reserves held by the central bank soared by over 90 percent on a weekly basis due to inflows from Saudi Arabia, United Arab Emirates (UAE), and the International Monetary Fund (IMF), according to data released by the State Bank of…
Startling revelations came to light during a sub-committee meeting of the Public Accounts Committee (PAC) as it was disclosed that a shocking 72% of women in Pakistan are regular cigarette smokers.The highly significant sub-committee meeting, held in …
The Directorate General of Customs Valuation has fixed the customs export value of “Wooden Splint” for matches at US$0.6 per kg for assessment of duties and taxes.In this regard, the Directorate of Customs Valuation Lahore received references from dif…