October 5, 2023
Business International PAKISTAN

Pakistan’s Economic Journey | A Decade of Ups and Downs

Examining the challenges and opportunities facing Pakistan’s Economic Journey and the steps the country can take to drive sustainable development. From strong growth in the early 2010s to the impacts of rising energy costs, natural disasters, and political uncertainty, we examine the factors that have shaped Pakistan’s economic journey performance over the past decade. Pakistan […]

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Business International PAKISTAN

An analysis of Pakistan in 2022 | Roze news

“The Roze NEWS will be providing a detailed, month-by-month account of the significant events and changes that occurred during 2022, including political developments, regime change, and widespread discontent with the political system and its institutions, in a special report titled “2022 in the Eyes of The Patriot”. This year has been marked by its ups […]

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Business PAKISTAN

Transport companies demand a Rs. 50 discount on POL prices

KARACHI: The All Pakistan Public Transport Owners Federation (APPTOF) demanded a Rs. 50 per liter decrease in the price of gasoline and diesel on Friday in response to the federal government’s recent cut in POL prices. A spokesman claimed that the coalition government had let the country down by failing to help the [inflation-affected] people […]

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Business

For first time since 2000, bike production in Pakistan declines

LAHORE: Regardless of economic ups and downs, motorcycle production and sales have remained strong, increasing from about 100,000 bikes in 1999-2000 to 2.6 million in 2021-22. However, 2022–2023 may mark the first fiscal year since 2000 when bike production declines significantly. Is the bike drop a sign of Pakistan’s greatest economic downturn? The sharp increase […]

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Business PAKISTAN Politics

Solid waste energy generation is approved by CM Parvez Elahi

LAHORE: The project to generate energy from solid trash in Lahore was approved on Thursday by Punjab Chief Minister Chaudhry Parvez Elahi. The chief minister presided over a meeting where the topic of how to solve the energy crisis was covered. The participants chose to investigate the possibility of producing electricity in Lahore from solid […]

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Business

Pakistan’s Cotton Production Continues to Fall Dramatically

According to the most recent biweekly data, which the Pakistan Cotton Ginner’s Association (PCGA) issued on Monday, Pakistan’s cotton production fell by more than 40% year over year (YoY). As of December 1, 2022, Pakistan received 4.281 million bales of cotton production overall, down from 7.168 million bales at the same period in the previous […]

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Business

Ogra raises the cost of LPG by Rs12 per kg

ISLAMABAD: The Oil and Gas Regulatory Authority announced a 12-rupee rise in the price of LPG on Thursday. Irfan Khokhar, the chairman of the LPG Association, stated that the regulator had increased the cost of a home cylinder by Rs139 to Rs2,548 while the cost of a commercial cylinder had grown by Rs535, and would […]

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Business

CDS for Pakistan falls to 71%

KARACHI: According to statistics supplied by a brokerage business, Pakistan’s  benchmark five-year CDS fell a staggering 5,224 basis points to 71.64% on November 22. Arif Habib Limited computed these numbers (AHL). Over the course of the weekend, the cost of covering exposure to Pakistan’s five-year sovereign debt increased by 1,224 basis points, reaching its highest-ever […]

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Business

93,300 cusecs of water are released by IRSA

ISLAMABAD: On Friday, the Indus River System Authority (IRSA), with an input of 62,500 cusecs, discharged 93,300 cusecs of water from various rim stations. IRSA data showed that the River Indus at Tarbela Dam had a water level of 1518.01 feet, 120.01 feet above its dead level of 1,398 feet. The dam’s water input and […]

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Business

Gas supply to industries in Karachi is turned off by Sui Gas Company

Karachi’s gas issue appears to have gotten worse when the Sui Southern Gas Company Limited (SSGC) stopped supplying gas to various industries in the city.According to a statement from the gas company, “it has been decided to suspend gas supply to all general industries from November 15 to February 28, 2023.” This is in accordance […]

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