China is Pakistan’s largest trading partner, says PCJCCI president
President PCJCCI, Shah Faisal Afridi said China is playing an increasingly central role in the global economy and this is also reflected in Pakistan-China relations
Plunge in oil prices threatens Iraq’s postwar recovery
Brent crude oil, used to price international purchases, briefly rose above $85 a barrel in October but has since plummeted to less than $55 — a nightmare for a country like Iraq that derives 95 percent of its revenue from oil exports
U.S. companies repatriate over half a trillion dollars in 2018, but pace slows
Dollar repatriation in the July-September period fell to $93 billion, around half of the second-quarter volumes and less than a third of the $300 billion or so sent home from January to March, U.S. current account data shows
China factory activity shrinks for first time in over two years, 2019 looks tougher
In November, industrial output rose the least in nearly three years, while earnings growth at industrial firms fell for the first time in nearly three years
KSE-100 index declined 3,405 points or 8.4% in 2018
Equities recorded sluggish trading during 2018 as traded volume plateaued by 22% YoY.
Tax collection grows 3.5% year-on-year, touches Rs1.79 trillion
The July-December FY18-19 collection is equivalent to 41% of the yearly target of Rs4.4 trillion
ICCI urges govt to avoid burdening existing taxpayers
ISLAMABAD:Â The Islamabad Chamber of Commerce and Industry (ICCI) has urged the government to ensure that the compliant taxpayers were not burdened with...
Provincial govts struggling to facilitate CPEC economic zones
'Bureaucracy that used to obey former CM Shahbaz Sharif is apparently not taking the present govt seriously'
ISLAMABAD: Despite the federal government’s emphasis...
Price of petrol reduced by Rs4.86 per litre
The government has decided to reduce the prices of petroleum products for the month of January 2019.
As per the notification issued by...
Pakistan to sign deals worth $30bn with KSA, UAE and China
BoI chairman says focus next year will be on facilitating investors, rather than marketing for investments
In an effort to revive the...
Pakistan seeks renewal of 100MW electricity import agreement with Iran
ISLAMABAD: Power Division Minister Omar Ayub Khan, while reiterating Pakistan’s commitment to further promoting its brotherly relations with Iran, has said that Pakistan...
Bears in control as PSX sheds another 100 points
KARACHI: Failing to close the last trading session of the year positive, the Pakistan Stock Exchange (PSX) was once again taken over...
The rupee is falling. Let it crash
Why letting the currency exchange rate fall may help fix some (but not all) of the structural flaws in the economy
Can ITU become Pakistan’s MIT?
Umar Saif’s brainchild is meant to be a research-focused institution. But it remains to be seen whether it has the ingredients necessary to be globally competitive
PSQCA issues notice to beauty cream manufacturers over health concerns
Faiza Beauty Cream causes skin cancer, other diseases