Pakistan’s copper exports to China surge 400pc
BEIJING: Pakistan has confirmed a 400pc increase in the export of copper products to China during the last year.
According to a report...
Foreign outflows hit $1.65bn; net investment falls to Dec-19 level
KARACHI: Total gross divestment during March 2020 has reached $1.654 billion, according to data released by the State Bank of Pakistan (SBP),...
COVID-19: Banks take a hit on their spreads, lowest since April 2019
KARACHI: Pakistan’s banking sector spread fell by 33 basis points on a month-on-month basis to 5.37pc in February 2020. This is the...
Stocks dip 86 points in volatile session
KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a volatile start to week, with the benchmark KSE-100 Index shedding 2.28pc intraday...
PPA fears poultry sector crisis amid major dip in demand
ISLAMABAD: Pakistan Poultry Association Spokesman Khalil Sattar has expressed serious concerns over an imminent possible cut in the supply of chicken and...
Govt likely to earmark Rs270bn in subsidies for FY21
ISLAMABAD:Â The federal government is likely to earmark Rs270 billion under the head of 'subsidies' for the next fiscal year (FY2020-21), Pakistan Today...
Govt urged to renegotiate terms with IMF to fight off corona impact  Â
Pakistan must renegotiate its terms and conditions for the current Extended Fund Facility (EFF) with the International Monetary Fund (IMF) amid the...
Foreign outflows approach $1.6bn
KARACHI: Total gross divestment during March 2020 has just reached $1.579 billion, according to data released by the State Bank of Pakistan...
Coronavirus inflicts Rs30bn loss on Pakistan’s economy
--'Banks will have to bear the burden of more non-performing loans, deferred mark-up payments, lower capital gains etc.'
--'Exports to suffer the most...
IMF chief says ready to help Pakistan avert corona crisis
'Our team is working expeditiously to respond to PM Khan's request so that a proposal can be considered by the IMF’s Executive Board as soon as possible'
Weekly inflation drops 1.25pc Â
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation (as on March 26) for the combined consumption group witnessed a decrease of 1.25pc...
Telcos call for ease in restrictions as lockdowns disrupt services
ISLAMABAD: As the usage of internet has increased 15pc due to lockdowns imposed across the country, the service providers are finding it...
Stocks stage 842-point comeback rally
KARACHI: The Pakistan Stock Exchange (PSX) took a much needed breather on Friday, with the benchmark KSE-100 Index recovering some of the...
COVID-19: Pakistan approaches multilateral creditors to seeks debt moratoriumÂ
ISLAMABAD: In the wake of the coronavirus outbreak in the country, Pakistan has approached multilateral creditors to seek debt moratorium, a local...
Govt will not allow businesses to go bankrupt due to cash flow: Dawood
Adviser to the Prime Minister on Commerce, Industry and Investment Abdul Razzak Dawood on Thursday said the government would neither allow a...