ADB lowers economic growth forecast for Asia-Pacific to 4.7%
ADB forecasts the region’s economies will grow by 4.7% this year, a 0.2 percentage point decline from the projection issued in April. The forecast for next year has been lowered to 4.6% from 4.7%, according to Asian Development Outlook (ADO) July 2025.
Adil Aziz
RDA inflows rise to $10.563 Billion in June 2025
The inflow of remittances under Roshan Digital Account (RDA) has risen to US $10.563 billion by the end of June 2025 as compared to US $10.381 billion by May (2025) end.
Bank of Punjab Becomes Exclusive Financier for Apni Chhat Apna Ghar Housing Scheme
The Bank of Punjab (BoP) has signed a formal agreement with the Housing and Town Planning Agency (PHATA) to provide interest-free home construction loans under the Apni Chhat, Apna Ghar programme, starting from the fiscal year 2025-26.
Junaid Anwar Chaudhry Reviews Gwadar-Gulf Ferry Service Proposals
Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry held a telephonic conversation with the Chief Minister of Balochistan to discuss the scope and strategic importance of launching a ferry service from Gwadar to Gulf region.
Pakistan signs Bitcoin collaboration pact with El Salvador
In a significant move toward digital innovation, Pakistan and El Salvador have signed a Letter of Intent (LoI) to collaborate on initiatives related to Bitcoin and digital assets.
Big industry grows by 2.29 % in May 2025
The output of the Large Scale Manufacturing Industries (LSMI) witnessed an increase of 2.29 per cent during the month of May 2025, the Pakistan Bureau of Statistics (PBS) reported.
Pakistani Nationals to Benefit from UK’s New eVisa System from July 15
The United Kingdom has officially introduced digital eVisas for Pakistani students and workers, marking a significant move toward a modernized and streamlined immigration process. Starting from 15 July 2025.
Record 336,999 Pakistanis Depart for Overseas Employment in H1 2025
Through the Bureau of Emigration and Overseas Employment (BUEO) an attached department of the Ministry of Overseas Pakistanis and Human Resource Development from January 1 to June 30, around 336,999 Pakistanis have proceeded abroad for employment.
Motorbikes, three-wheelers sale increases 32.5% to 1,518,752 units during FY 2025
During the year under review, as many as 1,518,752 motorbikes and three-wheelers were sold against the sale of 1,150,112 units during July-Jun (2023-24), according to the Pakistan Automobile Manufacturing Association (PAMA).
Karachi Residents to Benefit from PKR 4.03/unit Electricity Relief
The National Electric Power Regulatory Authority (NEPRA) has issued its decision regarding K-Electric’s (KE) petition of provisional monthly Fuel Charges Adjustment (FCA) requested for April 2025, indicating a relief of PKR 4.0349 per kWh.