Pakistan exported 570,000 tonnes of potatoes in one year

The annual consumption of potatoes in Pakistan is 3.2 million tonnes ISLAMABAD: Pakistan exported 0.570 million tonnes of potatoes to different countries during the...

Pakistan, Hungary agree to enhance bilateral trade

Envoy says meeting of Pak-Hungary Joint Economic Commission will be held in Sept this year in Budapest ISLAMABAD: Hungarian Ambassador István Szabó called...

’12th Five-Year Plan envisages average GDP growth at 5.4pc’

ISLAMABAD: Planning Minister Makhdoom Khusro Bakhtiar said on Friday that the '12th Five-Year Plan' is being chalked out by keeping in mind the...

Indonesia formally grants immediate market access for 20 Pakistani products

ISLAMABAD: Indonesia has issued a formal notification for the correction of Indonesia-Pakistan Preferential Trade Agreement (IP-PTA) by offering immediate market access for 20...

Saudi Arabia, China sign economic accords worth $28bn

DUBAI: Saudi Arabia and China signed economic cooperation agreements worth a total of $28 billion at a joint investment forum during a...

Stock market ends lower amid lacklustre trading

KARACHI: The investors of Pakistan Stock Exchange (PSX) witnessed another bumpy session on Friday, as the indices kept oscillating in both directions before...

Footwear exports surge 16.4pc in seven months FY19

The footwear exports from the country surged by 16.45pc during the first seven months of the current fiscal year (FY19) to $69.248...

Sri Lanka economic growth slowest in 17 years

COLOMBO: A political crisis in Sri Lanka last year led to the slowest economic expansion in 17 years, the central bank said on...

Pakistan may turn to Islamic banks for second $1.4 billion loan: official

The arrears, known as “circular debt”, stand at more than 1.4 trillion rupees ($10.1 billion)

German business confidence drops for 6th straight month

The Ifo institute said its monthly index declined to 98.5 points from 99.3 in January, sinking to its lowest level since December 2014

FATF terms Pakistan’s progress ‘limited’, calls for swift completion of action plan

It directed Pakistan to demonstrate that remedial actions and sanctions be applied in cases of AML/CFT violations and that these actions have an effect on AML/CFT compliance by financial institutions

Alibaba CEO rules out layoffs this year

This week reports circulated in Chinese media that e-commerce site and Alibaba rival JD.com Inc would lay off 10 percent of its senior executives. The company declined to comment directly on the cuts

PTI has recorded the highest 1st half deficit in Pakistan’s 71 year history: Miftah Ismail

The ex-finance minister termed the economic figures for the first half of the current FY19 as not "pretty"

Non-oil imports contract 20% YoY to $3.5b; the most in last nine years

On a month-on-month basis, non-oil imports fell by 3% from $3.3 billion in December last year to $3.5 billion last month

France eager to enhance trade with Pakistan: Ambassador

Ahmed Hassan Moughal, President, Islamabad Chamber of Commerce and Industry said that Pak-France bilateral trade in 2017 was around €1.4 billion, which was not encouraging