Foreign direct investment falls 30pc in eight months
China, Netherlands, Hong Kong remain top investors
Food imports surge 50.3pc to $5.34bn in eight months
The import bill of edible items widened 50.3pc to $5.34 billion year-on-year in the first eight months (July-Feb) of FY21, triggering higher-than-expected...
Cement exports fall 18pc YoY in February
Cement exports during the month of February 2021 declined by 5.9pc on a month-on-month (MoM) basis and 17.93pc on a year-on-year (YoY)...
Cabinet issues directives for forensic audit of loss-making entities
ISLAMABAD: Science & Technology Minister Chaudhry Fawad Hussain said on Tuesday that the federal cabinet has decided to conduct forensic audit of...
Stocks drift higher in volatile session
KARACHI: The Pakistan Stock Exchange (PSX) endured a volatile session on Tuesday, with indices swaying both ways in search of a clear...
Large scale manufacturing expands 7.9pc in seven months
The country’s large-scale manufacturing (LSM) expanded by 7.85 per cent during the first seven months of the current fiscal year (7MFY21) as...
Envoy stresses transformation of Pak-Turkey ties into economic partnership
ISLAMABAD:Â Turkish Ambassador to Pakistan Ihsan Mustafa Yurdakul has said it is time to transform historically good bilateral relations between Pakistan and Turkey...
Stocks rise as political tensions ease
KSE-100 gains 978 points to storm past 44,000 levelÂ
IT sector deplores proposed tax credit scheme, withdrawal of exemptions
LAHORE: The information technology sector has deplored the FBR’s recent proposal regarding withdrawal of income tax exemption on the export of IT...
Roshan digital account may attract up to $1.5bn this year
'RDA attracts $671m in six months, with half the deposits coming in last eight weeks'
China to set up electric vehicle manufacturing plant in Pakistan’s first private SEZ
MG JW Automobile will manufacture electric vehicles at Raiwind SEZ with an estimated FDI of Rs663m and local investment of Rs637m
Pakistan optimistic about rollover of $1bn UAE loan
ISLAMABAD: The federal government is optimistic about the rollover of $1 billion UAE loan for another year.
Senior officials of the finance ministry...
Ministry issues e-commerce rules for goods’ import, export
ISLAMABAD: The Ministry of Commerce has issued rules for assessment and clearance of imported or exported goods through e-commerce.
The ministry issued SRO...
Weekly inflation drops 1pc
ISLAMABAD: The Sensitive Price Index (SPI)-based weekly inflation dropped one per cent during the week ended 11th March, data released by the...
Tractor production up 52.8pc in July-Feb FY21
ISLAMABAD: Production of farm tractors in the country increased 52.87pc to 31,199 units during the first eight months (July-Feb) of the current...