Remittances likely to cross $28 billion this year

Pakistan is expected to receive record remittance inflows of up to $28 billion this year, as initiatives launched by the government and...

Govt urged to establish rail link with Afghanistan to boost bilateral trade

PESHAWAR: After Iran and Turkmenistan laid railway tracks to further expand their trade with Afghanistan, Pakistani traders have also demanded the construction...

Mobile phone imports surge 52pc to $938m in July-Dec FY21

ISLAMABAD: The import of mobile phones jumped 52pc year-on-year (YoY) to $938 million during the first half (July-December) of the current fiscal...

Food exports decline 7.64pc, imports surge 52pc in 1HFY21

ISLAMABAD: Pakistan's food group exports declined 7.64pc year-on-year (YoY) to $2.03 billion during the first six months (July-December) of the current financial...

Cement exports drop 8.6pc YoY in December 

ISLAMABAD: The export of cement declined 8.58pc year-on-year (YoY) to $19.253 million in December 2020, as compared to $21 million in December...

Telecom sector contributions to national exchequer rise 129pc in 2020: report

PTA mulls spectrum auction of LTE, VoLTE services this year as a precursor to 5G

Importers’ fake clearance certificates hampering govt’s anti-money laundering drive

LAHORE: The recent scandal regarding the 'use of fake stamps of Pakistan's Embassy in Japan to import used cars' is a clear...

Duties, taxes above Rs1 million to be paid online from 20th, FPCCI told

KARACHI: The payment of duties and taxes worth over Rs1 million will be made through electronic mode from January 20th, said Federal...

Tax waiver on sugar import among six items on ECC’s agenda

ISLAMABAD: The Economic Coordination Committee (ECC) in its upcoming meeting will take up a six-point agenda, including tax waiver on the import of...

Registration of real estate, construction companies up 32pc in 2020

ISLAMABAD: A healthy trend has been witnessed in the registration of construction and real estate companies, as the Securities and Exchange Commission...

SBP reserves drop $12m to $13.4bn

The foreign exchange reserves held by the State Bank of Pakistan dropped 0.09pc on a weekly basis, according to data released by...

Sindh asks Centre to ban tomato import, allow onion export

KARACHI: The Sindh government has written a letter to the federal government seeking a ban on the import of tomatoes and steps...
Asad-Umar

Historic uplift package for GB to be finalised soon: Asad Umar

ISLAMABAD: Planning, Development and Reforms Minister Asad Umar has said that a joint team of Gilgit-Baltistan and the federal government will soon...

Ministers hail LSM growth amid pandemic

Planning and Development Minister Asad Umar said on Wednesday that industrial growth of the country was clearly accelerating as it witnessed "excellent...

Big industry expands 14.5pc in November 2020

ISLAMABAD: Large Scale Manufacturing (LSM) in Pakistan grew by 14.5 per cent in November 2020 as compared to the same month in...