35 member delegation leaves for Nepal to attend 6th SAARC Business Conclave

LAHORE: A high-level 35-member delegation of the private sector Tuesday left for Kathmandu, Nepal to participate in a three-day "6th SAARC Business...

Pakistan sees decline in foreign investment in January

The cumulative FDI for the first seven months of FY24 fell to $689.5 million from $876.8 million in the prior year.

SBP presents draft law to parliamentary panel for curbing money laundering

ISLAMABAD: To rein in money laundering, State Bank of Pakistan has suggested a legal amendment which would permit law-enforcing agencies to question...

ECC constitutes committee to review cotton prices 

ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Thursday chaired a meeting of the Economic Committee of...

Broiler chicken prices on the rise

LAHORE: Due to the improper supply, the price of broiler chicken price here in the provincial capital has increased by Rs21 per Kg...

Pakistan’s economy could grow 1.8 per cent in FY21, says IIF

A modest current account deficit and improvement in net capital inflows would lead to a further rise in official reserves.

Pakistani’s sent an astounding $15.253 billion overseas in FY17: SC

The committee observed during FY17, a major amount of transfers were carried out from Pakistan via the illegal Hawala and Hundi mechanisms

IMF revises Pakistan’s GDP growth forecast for FY25 to 2.6%, cites weak H1 performance

Fund also adjusts inflation, current account deficit, and trade projections for the outgoing fiscal year

Water shortage threatens cotton sowing and production

Cotton plantation in Punjab wasn’t as severely impacted by water shortage but could only be sown at 4.39 million acres or 77 percent of the targeted area set at 5.70 million acres

Leather industry seeks exemption from lockdown restrictions

Fearing 'colossal losses' in exports, PLGMEA chief urges govt to allow manufacturing units to operate in double shifts

Commerce ministry wants traders to reap potential FTA benefits

Faced with the dwindling exports for the fourth consecutive year in office, the Commerce Minister Khurram Dastgir has directed the commerce officials...

Pakistan ensures safety valve in BoP clause with China

Pakistan has ensured a safety valve in the balance of payments clause under the Free Trade Agreement (FTA) with China which would...

Senate committee annoyed over bureaucracy ignoring its budget proposals

ISLAMABAD: Showing its serious concerns over the attitude of bureaucracy in various ministries especially in finance and planning, the Senate Standing Committee...

Net foreign selling declines by 20pc

KARACHI: Foreign investors were seen to be net sellers in the capital markets for the week ending August 17, 2018, but with...

ECAP asks central bank to scrap Pakistan remittance initiative

ECAP backed the embargo enforced by the Dubai government and said it shouldn’t be reversed