PIA Accumulated Rs 500 Billion Losses Over 10 Years

Pakistan International Airlines (PIA), the national carrier of Pakistan, has faced huge financial troubles for years. Reports show that between 2015 and 2024, PIA piled up around Rs 500 billion in losses. That works out to an average of about Rs 4.1 billion every month during those ten years. These massive losses came from a […]

Pakistan’s Imports Cross $45 Billion in Eight Months as Demand for Phones, Cars and Food Rises

Pakistan’s total imports have crossed $45 billion during the first eight months of the current fiscal year, showing a noticeable increase compared to the same period last year. Reports indicate that imports grew by about 8.21 percent from July to February, reflecting the country’s increasing dependence on foreign goods. According to available data, the import […]

Shipping Disruptions Hit Pakistan’s Fruit and Vegetable Exports to Gulf Markets

Pakistan’s fruit and vegetable exports are facing serious disruptions as several global shipping companies have suspended operations to Middle Eastern ports due to the ongoing regional conflict. Exporters say shipments of potatoes, kinnow, and other perishable goods have slowed down or stopped because maritime routes to Gulf markets have become uncertain. Industry representatives explained that […]