Economy

Pakistani exporters have been urged to investigate the expanding prospects within Malta’s market, as emphasized by Mr. Ziaul Noor. Malta’s strategic position in the Mediterranean functions as a conduit to the European Union, presenting considerable trade opportunities for enterprises pursuing international growth. The demand for premium textiles, agricultural commodities, and industrial products in Malta represents…

China may be sitting on enormous quantities of thorium, a radioactive metal that might provide an almost infinite supply of clean energy according to a recent national survey. According to a declassified report published in the Chinese journal Geological Review this discovery raises the possibility that Chinese thorium stocks could significantly surpass earlier projections. Some…

Pakistan is experiencing a huge economic setback as a result of the suspension of commerce with Iran, which results in a daily loss of around $2.2 million. A number of important industries, including agriculture, energy, and textiles, are being impacted by the disruption, which is caused by banking and logistical limitations. The continuous restrictions are…

Pakistan is considering the formation of a National Crypto Council to oversee and possibly embrace digital currency. This action indicates a change in the nation’s position on cryptocurrencies, which has encountered regulatory ambiguity in previous years. The proposed council would supervise the incorporation of digital assets into the financial system, assuring adherence to international standards…

The State Bank of Pakistan (SBP) has strategically enhanced its foreign exchange reserves by acquiring $4.98 billion from the market.  This project seeks to bolster Pakistan’s economic stability, enabling the nation to more effectively manage foreign debt obligations and sustain a stable exchange rate. This action indicates the SBP’s endeavor to maintain the rupee, enhance…

Pakistan’s Finance Minister has indicated the likelihood of a slight increase in inflation in March, citing factors such as global economic trends, currency fluctuations, and domestic supply chain challenges. While inflation has shown signs of stabilization in recent months, the anticipated rise is attributed to seasonal price adjustments, energy costs, and international commodity rates. The…

The recent implementation of an 18% General Sales Tax (GST) on net metering in Pakistan has elicited apprehensions regarding its potential effects on the nation’s burgeoning solar energy sector.  Net metering, which permits solar panel users to sell surplus electricity back to the grid, has been a significant catalyst in the extensive adoption of solar…