PSMA fears being unable to pay growers due to non-coherent sugar export policy

LAHORE The sugar-makers fear that the sugar industry will not be able to pay the growers, in the absence of a coherent sugar...

Commerce minister lauds IPO-Pakistan’s performance, pro-active approach

ISLAMABAD Federal Minister for Commerce, Muhammad Pervaiz Malik has lauded the role of Intellectual Property Organisation (IPO-Pakistan) in protecting the intellectual property rights...

Motorbikes, three-wheelers’ sale up by 18pc

ISLAMABAD: Sale of motorbikes and three-wheelers in the country during the year 2017-18 increased by 18.32 per cent when compared to the...

Court halts caretaker govt’s move to reform FBR

The Islamabad High Court recently issued a suspension on the caretaker government's plan to restructure the Federal Board of Revenue (FBR). This...

Govt to engage stakeholders on proposed PTA with Afghanistan: Dawood

ISLAMABAD: Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood said on Friday that following the prime minister's visit to...

Pakistan’s new rulers grapple with an old problem: How to get people to pay taxes

One of the world’s lowest tax collection rates partly help explain the shoddy state of Pakistan’s hospitals and schools, and why the illiteracy rate hovers above 40 percent in the mainly Muslim nation of 208 million people

US manufacturing sinks again in February: Fed

WASHINGTON: US manufacturing dropped sharply for the second consecutive month in February with across-the-board declines in nearly every category of product, the Federal...

ICCI urges govt to focus on engineering sector for boosting exports

ISLAMABAD The Islamabad Chamber of Commerce and Industry (ICCI) has called upon the government to focus on making policies for better development of...

Overseas Pakistanis remit $7.4bn in four months

Overseas Pakistani workers remitted $7419.98 million in the first four months (July to October) of Financial Year 2018-19 (FY19), as compared to...

Traders demand immediate import of tomatoes from Iran

ISLAMABAD: As the shortage of tomatoes in the country has a caused sharp rise in their prices, traders are of the view...

Turkey finalising strategic economic framework for future investments in Pakistan

Envoy says Turkish President Recep Tayyip Erdogan will be visiting Pakistan on a convenient date after March this year ISLAMABAD: Ambassador of Turkey...

Wall Street rattled by Apple’s sales warning, weak factory data

US stocks slumped on Thursday, after Apple Inc’s rare sales warning exacerbated fears that the Sino-US trade war and a slowing China...

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...

Stocks add 319 points as volume hits year-high

KARACHI: Maintaining its positive momentum from last week, the Pakistan Stock Exchange (PSX) remained in the green throughout the session on Monday,...

Rupee sheds Rs0.82 against dollar, closes at Rs133.84 in inter-bank market

In the open market, the rupee closed trading at Rs134 against the dollar according to currency dealers