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Author: richpakistan

Pakistan to dismantle 400 vessels abandoned in Europe at Gadani shipbreaking yard

Initiative is part of a broader strategy to transform Gadani into a hub for sustainable recycling, in line with international…

China and Pakistan strengthen economic ties with satellite deal and $12M fishmeal plant JV

Bilateral cooperation expands with a $400 million satellite deal and a joint venture to establish a fishmeal processing plant at…

Direct Tehran–Islamabad flight launched to boost tourism and trade

Iran AirTour service follows President Masoud Pezhakian’s visit, expected to strengthen people-to-people ties and business…

Remittances hit $3.1 billion in August; Saudi Arabia tops, US slows

Inflow rises 7% year-on-year, but slips 2% from July, SBP data shows…

World Bank reaffirms support for Dasu, Tarbela hydropower projects

WAPDA chairman and World Bank’s country director discuss financial matters and progress on key energy projects…

Pakistan Railways signs phase-I of Dedicated Freight Corridor to boost cargo movement

Phase-I of DFC to modernize freight transport, improve revenue generation, and ease congestion at Karachi Port…

YoY: FY25 remittances soar 27pc to $38.3bn

Pakistan’s remittance inflows hit a historic high of USD38.3 billion in fiscal year 2025, marking a 27 percent…

Supreme Court establishes Overseas Litigants Facilitation Cell

Through OLFC, overseas Pakistanis can submit applications, complaints, and requests for early hearings…

SBP has directed commercial banks to deploy Cash Deposit Machines (CDMs) up to 25% of their branch network

State Bank of Pakistan (SBP) has directed commercial banks to deploy Cash Deposit Machines (CDMs) up to 25% of their…

Hotels and Restaurants Now Have More Employees Than Govt Offices in Pakistan

As per the latest Economic Census conducted by the Pakistan Bureau of Statistics, as many as 991,371 workers are…

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