ISLAMABAD: Pakistan is expected to witness a decline in inflation this fiscal year, according to the Asian Development Bank’s (ADB) recent report on developing Asia-Pacific economies. According to the report, the expected drop in inflation is primarily attributed to a decrease in the prices of food and other essential commodities. The ADB has forecast Pakistan’s … Read more
KARACHI: The global trade in liquefied natural gas (LNG) increased 6 per cent to 380 million tonnes during 2021, as many countries rebounded from the Covid-19 pandemic, according to the Shell’s latest annual LNG Outlook. The rising LNG demand, combined with supply constraints, caused gas and LNG prices to remain volatile throughout the year. The … Read more
KARACHI: The cooling down of consumer spending, and reduced shipping congestion will result in global trade growing by 5.4 per cent in 2022, an Euler Hermes Global Trade report showed. While there is a risk of a double-dip in the first quarter of 2022, Euler Hermes expects a normalisation of international trade flows in volume … Read more
