Pakistan’s Exports down by 54 percent amid Covid 19

Pakistan's Exports down by 54 percent amid Covid 19

The global lockdown has had a huge impact on the export sector of Pakistan. Not only are the shipping routes closed but the clients have also declined to honor their commitments are refusing to receive orders and submit payments. As many as 7,000 export cargo containers are currently parked at Karachi ports with nowhere to […]

Lockdown reduced oil consumption to 35%

Lockdown reduced oil consumption to 35%

Under current situation, the total sale of Oil Marketing Companies for month of April 2020 have been confined at 1.07 million tons in comparison with 2019 with a decline of 35 percent as threshold for March 2019.  Nevertheless, the OMCs sales depicts an increase of 3 percent on month-on-month basis as compared to 1.03 million […]