Current account deficit shrinks 75pc to $50m in February
Pakistan's current account deficit – the difference between the county's higher foreign expenditures compared to income – was recorded at a nominal...
Chinese agrichemical giant to set up Rs700m plant in Allama Iqbal SEZ
BEIJING: Zhengbang Agriculture Pakistan Private Limited (ZHENGBANG) has planned an investment of Rs700 million to establish an agrichemical plant in the Allama...
Stocks surge 506 points on back of energy sector
KARACHI: Pakistan Stock Exchange (PSX) remained on an upward trajectory on Monday, with the benchmark index accumulating over 500 points to breach...
Business community expresses concerns over proposed ‘mini-budget’
Trade bodies lament abolition of Rs140bn corporate tax exemptions, imposition of Rs150bn surcharge on power consumers
FPCCI stresses measures to win investors’ confidence as FDI declining
'Despite tall claims, govt fails to attract foreign investment in construction sector'
Pakistan seeks opening of China border from next month
CPEC land route remains closed for over a year due to Covid outbreak
Stocks add 177 points in volatile session
'The market opened on a negative note but bounced back strongly in the second half, buoyed by refinery, cement and oil & gas marketing scrips'
Policy rate to remain unchanged at 7pc: SBP
The Monetary Policy Committee (MPC) of the State Bank of Pakistan has once again decided to maintain the policy rate at seven...
MoC approves Rs950m for export-related projects
ISLAMABAD: The Ministry of Commerce on Thursday approved Rs950 million for export-related projects with an aim to provide competitiveness to the export...
SBP reserves up $4m to $13bn
The foreign exchange reserves held by the State Bank of Pakistan rose 0.03pc on a weekly basis, according to data released by...
PM to announce Rs250bn uplift plan for GB soon
ISLAMABAD: As the apex committee constituted by the federal government has completed its proposals for Gilgit-Baltistan (GB) development plan, Prime Minister Imran...
CCoP approves reserve price for Services International Hotel
Committee allows hiring of transaction adviser for award of DISCOs' management contracts
PM stresses facilitation of SMEs to uplift economy
ISLAMABAD: Prime Minister Imran Khan has expressed commitment to taking every possible measure to uplift the economy and improve the inflow of...
Bears dominate PSX as benchmark index sheds over 726 points
KARACHI: The Pakistan Stock Exchange (PSX) on Thursday declined sharply, with the benchmark KSE-100 Index shedding over 800 intraday to fall below...
KP govt plans to build pilot cryptocurrency mining farms
PESHAWAR: Khyber Pakhtunkhwa is planning to build two hydroelectric-powered pilot “mining farms” to capitalise on a bullish global cryptocurrency market, a minister...