MoIP proposes record Rs6.37bn Ramzan relief package
ISLAMABAD: Unlike previous years, the incumbent government is going to introduce a mega relief package for the holy month of Ramzan this...
SBP reserves rise $70m to $12.98bn
The foreign exchange reserves held by the State Bank of Pakistan rose 0.54pc on a weekly basis, according to data released by...
Chinese envoy seeks foreign investment in CPEC economic zones
PESHAWAR: Chinese Ambassador to Pakistan Nong Rong has invited investors from across the world to invest in the Special Economic Zones (SEZs)...
Textile sector’s profitability up 32pc in 1HFY21
LAHORE:Â Textile sector's profitability increased significantly by 32pc YoY during the first half (July-Dec) of FY21 primarily due to an increase in exports,...
Stocks bleed 882 points as political noise amplifies
KARACHI: Pakistan Stock Exchange (PSX) witnessed bloodbath on Thursday, as investors resorted to panic selling due to political uncertainty caused by unexpected...
Pakistan to import cotton from Central Asian states
ISLAMABAD: Pakistan has decided to import cotton from the Central Asian states through Torkham border, it was learnt on Wednesday.
According to sources,...
Dollar slips to Rs157.13 as rupee continues recovery
Pakistani Rupee appreciated by 72 paisas (+0.46pc) against the US Dollar on Wednesday, making it the eighth straight session of gains against...
Closing gender gap to boost Pakistan’s GDP by 30pc: ADB
Asian Development Bank (ADB) Country Director Xiaohong Yang has said that Pakistan can increase its gross domestic product (GDP) by up to...
Stocks extend rally with 196-point gain
KARACHI: The Pakistan Stock Exchange (PSX) continued to head north on Wednesday, with the benchmark index crossing the 46,000 barrier amid improved...
Rupee hits one-year high against dollar
The Pakistani rupee extended gains against the United States (US) dollar at the start of Wednesday’s trading in the inter-bank market, touching...
FPCCI signs partnership agreement with Greater Manchester Chamber of Commerce
KARACHI: The Pak-UK Business Council of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) had signed a partnership agreement with...
Trade deficit widens to $17.3bn in eight months
ISLAMABAD: Pakistan's trade deficit widened to $17.3 billion during the first eight months (July–February) of the current financial year (2020-21) mainly due...
Sale of petroleum products up 26pc in Feb
KARACHI:Â The sale of petroleum products increased 26pc in February 2021 as compared to the same month of last year owing to improved...
Domestic cement despatches up 6pc in February; exports drop 18pc
ISLAMABAD: Cement sales continued to increase during February, although its exports couldn't rebound due to weakening competitiveness in the international market.
According to...
Govt urged to launch Peshawar-Karachi cargo train
PESHAWAR: Frontier Customs Agents Association (FCAA) President and former Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI) senior vice president Ziaul Haq...