KARACHI, November 22 2024: Pakistan is witnessing an unprecedented rush for solar energy, with the nation becoming the third-largest market for Chinese solar panels. Traders are bringing in huge volumes, with some importing up to 250 megawatts worth of panels every month, as demand skyrockets. The cost of solar panels has dropped to such an…
KARACHI, November 22 2024: In a significant move that underscores Pakistan’s rich cultural and religious diversity, the State Bank of Pakistan (SBP) has announced the issuance of a special commemorative coin, valued at Rs. 55, in honor of the 555th Jayanti of Baba Guru Nanak Dev Ji, the revered founder of Sikhism. This coin, set…
ISLAMABAD, November 21, 2024 – Federal Minister for Commerce Jam Kamal Khan presided over a key meeting to assess Pakistan’s quarterly trade performance, underlining the critical need for immediate execution of an export-led growth strategy to stabilize and strengthen the national economy. Commerce Ministry officials presented an in-depth analysis of trade metrics, spotlighting performance with…
KARACHI, November 22 2024: In a major step towards bridging the gap between academia and industry, a delegation from the National University of Technology (NUTECH) visited the Association of Builders and Developers of Pakistan (ABAD) head office in Karachi. The visit, led by Brig Dr. Syed Adnan Qasim, NUTECH’s Registrar, focused on fostering collaboration aimed…
KARACHI, November 21 2024: Swedish Ambassador to Pakistan, Ms. Alexandra Berg von Linde, highlighted the difficulties faced by Swedish businesses operating in Pakistan, pointing to high tax rates, soaring energy prices, and challenges in transferring foreign currencies. Despite these obstacles, over 40 Swedish companies, including iconic brands, have been established in Pakistan and have played…