Pakistan will require an estimated $565.7 billion in investment by 2035 to meet its updated climate commitments under Nationally Determined Contributions (NDC) 3.0. The estimate showed the scale of financing needed to cut greenhouse gas emissions, expand renewable energy, and strengthen climate resilience in one of the world’s most climate-vulnerable countries. The figures were shared […]

The Pakistani rupee (PKR) gained by 2.83 paisa  against the US dollar in Wednesday’s interbank session to settle the trade at PKR 279.97 per USD, compared to previous closing of 280. Throughout the day, the currency saw an intraday high (bid) of 280.3  and a low (ask) of 281.05. In the open market, exchange companies […]

Total inflows into Roshan Digital Accounts (RDA) during December, 2025 stood at $213 million, bringing the total cumulative inflows into RDA to $11,707m. Compared to the previous month’s inflow of $181m, December showed an increase of $32m. However, according to data released by the SBP, amount repatriated and locally utilized during the month was $170m […]

Pakistan National Shipping Corporation (PSX: PNSC) expands its fleet with the addition of an Aframax tanker, M.T Karachi, under Karachi Shipping (Pvt) Ltd, with a deadweight tonnage (DWT) of 109,990 tonnes, according to the company’s filing on PSX revealed today.

 Pakistan and the United Arab Emirates have reaffirmed their commitment to strengthening bilateral economic relations and fast-tracking the Pakistan–UAE Comprehensive Economic Partnership Agreement (CEPA), aimed to build a more robust and balanced trade and investment partnership. Both sides also explored opportunities for joint ventures, trilateral cooperation in third-country markets, and collaboration in emerging regions such […]

Crypto markets are seeing strong gains, with Bitcoin touching $96,000 as traders react to a combination of easing U.S. inflation and growing optimism around the long-awaited CLARITY Act. It’s a new U.S. bill aimed at providing regulatory clarity for digital assets. Ethereum also held steady above $3,300, and the total cryptocurrency market capitalization approached $3.25 […]

Gold price in Pakistan increased on Wednesday, with 24-karat gold being sold at Rs486,162 per tola, up Rs4,300. Similarly, 24-karat gold per 10-gram was sold at Rs416,805 after a gain of Rs3,687, according to rates shared by the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA). The price of 22-karat gold was also quoted higher at […]

The Government of Pakistan reaffirmed its commitment to supporting foreign investors and strategic technology partners while highlighting the importance of next-generation digital connectivity for economic growth, productivity, and public service delivery. It also expressed interest in leveraging global expertise in advanced networks, including 5G, while ensuring secure and resilient infrastructure tailored to national needs. Prime […]

By Commerce Reporter KARACHI: High Commissioner of the Republic of Mauritius, Mr. Munsoo Kurrimbaccus has underscored the need for collective efforts by both countries to restore the Preferential Trade Agreement (PTA) that previously existed between Pakistan and Mauritius, under which approximately 120 commodities enjoyed preferential market access. He noted that the agreement had become inactive […]

PSMU Desk: Karachi: Mr. Samir Dossal, President of the Canada Pakistan Business Council (CPBC), performed the ceremonial market opening “Gong Ceremony” at the Pakistan Stock Exchange (PSX) today. The event served as a celebration of the $1 billion bilateral trade milestone and the deepening institutional ties between the PSX and the Canadian business community. During […]