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Daily Archives: October 28, 2021

PPP, PMLN era loans’ repayment hampers subsidy on essential commodities: Information Minister

Minister for Information and Broadcasting, Chaudhry Fawad Hussain says government is unable to give subsidy on daily use items especially edibles and petroleum products due to repayment of foreign loans taken by previous governments.Addressing the oath...

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Rupee Posts Big Gains Against the US Dollar for Second Consecutive Day

The Pakistan Rupee appreciated against the US Dollar (USD) for the second consecutive day today. It gained 52 paisas against the dollar and closed at 172.26.Yesterday, the local currency registered its largest increase in value since April 2020. It add...

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President Alvi Urges Expats to Invest in Pakistan

President Dr. Arif Alvi has asked the Overseas Pakistanis to benefit from the country’s business-friendly environment and invest in various sectors of the economy.He stated that Pakistan had adopted a very liberal investment policy to ensure a favorabl...

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Qatar to Invest in Pakistan’s Upcoming LNG Terminal

Qatar, the world’s largest exporter of liquefied natural gas (LNG), will invest in Pakistan’s next import terminal to serve one of the fastest-growing markets for supercooled fuel.According to persons acquainted with the situation, Qasim Terminal Holdi...

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