Urea off-take rises by 5pc in February

ISLAMABAD: Urea sales witnessed a nominal rise of 0.9pc during the five months of this year's Rabi season (Oct-Feb FY19), as per the...

PSX plunges 600 points as fears for economy rise

KARACHI: The Pakistan Stock Exchange (PSX) started the week on a negative note with bears in the lead once again. The KSE 100...

Tax regulator may fail to attain quarterly tax collection target by Rs30 billion

With only two days left in September, till now less than 300,000 people and corporations have filed their annual income tax returns

Palm oil imports up by 7.06pc to $2.039bn

ISLAMABAD: The imports of palm oil into the country witnessed an increase of 7.06 per cent during the fiscal year 2017-18 as...

Telecom equipment and mobile phone imports surge by 54pc in July

Islamabad: According to a report in a local newspaper, it has been observed that the tax incentives offered to the telecom sector...

Gas price hike may push urea prices up to Rs128 per kg

The FMPAC spokesman said profits had touched their lowest ebb in the last six years irrespective of record revenues attained by major players

Seafood exports increase 9.08 percent during first half of FY 2017-18

ISLAMABAD: The exports of fish and fish preparations from the country during first half of current financial year increased by 9.08 percent...

Pakistan extended offer of $100 million open oil credit facility by Azerbaijan

The energy ministries from both the countries had reached an inter-governmental agreement in February 2017

PSX surpasses 44,000 mark with strong rally

KARACHI: On Thursday, the benchmark index of the Pakistan Stock Exchange (PSX) surpassed the 44,000 mark, experiencing a significant increase of over...

‘Govt committed to promoting economic activities in Balochistan’

Balochistan Chief Minister Jam Kamal Khan has said that the government is committed to promoting economic activities in the province. Addressing the inaugural...

Cabinet to approve new state-owned enterprises policy

ISLAMABAD: The federal cabinet is likely to approve State-Owned Enterprises Policy, 2023 to improve performance of loss making entities.  According to details, the...

Finance committee seeks detail from FBR about $7.5 bn discrepancy in imports

Islamabad: The senate’s standing committee on Finance and Revenue has sought details from the Federal Board of Revenue about discrepancies worth $7.51...

Tractor production up 17pc in three months

ISLAMABAD: The production of farm tractors in the country increased by 17.16pc to 11,235 units in the first three months (July-September) of...
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Germany’s KfW development Bank to invest in Pakistan’s power, health sectors

ISLAMABAD: The Ministry of Economic Affairs and KfW, the German government’s development bank, solidified their partnership on Monday with the signing of...

PSX soon-to-be listed with 20pc stake open to public

Shahzad Chamdia, chairman of the stock market’s divestment committee has informed that the Pakistan Stock Exchange (PSX) is in the process of...