Foreign investment drops 12pc to $192m in January
Foreign Direct Investment (FDI) into the country declined 12.27 per cent or $27 million in January 2021 as compared to the same...
Survey finds spending of 53pc businesses dropped during Covid-19
Around 53pc of the country's businesses experienced a decline in sales due to the coronavirus pandemic, according to a Gallup Pakistan fourth...
Stocks tumble 337 points as rollover week begins
KARACHI: The Pakistan Stock Exchange (PSX) witnessed all-round selling on first day of the trading week, with the benchmark index after registering...
Increase in prices of edible items at Utility Stores notified
ISLAMABAD: Massive increase in the prices of edible items at the outlets of Utility Stores Corporation (USC) was notified on Saturday after...
Govt urged to help exporters tap $500bn global furniture market
ISLAMABAD: The Islamabad Chamber of Commerce & Industry (ICCI) has urged the government to support furniture manufacturers and exporters by organising exhibitions...
Oil imports drop 20.9pc to $5.64bn in seven months
ISLAMABAD: Pakistan's oil import bill witnessed a reduction of 20.90pc during the first seven months of the current fiscal year on a...
ECC approves revocation of Neelum-Jhelum surcharge with immediate effect
Committee okays gradual abolishment of advance income tax on telecom sector; approves increase in ghee price at USC outlets by Rs30 per kg
President Alvi for enhanced trade ties with Vietnam
ISLAMABAD:Â President Dr Arif Alvi on Friday called for enhanced trade and investment cooperation between Pakistan and Vietnam.
The president said this while talking...
Govt plans $500m green bond to fund hydropower projects
The government is planning to issue a $500 million green bond in the next few months to help boost the development of...
Stocks recover 84 points in range-bound trading
KARACHI: The Pakistan Stock Exchange (PSX) remained range bound on Friday with the KSE-100 index closing marginally in the positive amid selling...
Import of used cars surges 166pc in seven months
The import of used and old cars recorded an increase of 166pc during the first seven months (July–January) of 2020-21 owing to...
South African envoy eyes $1bn trade with Pakistan
South Africa's High Commissioner Methuthuzeli Madikiza has said that his country considers Pakistan an important market for trade cooperation and is keen...
PSX bleeds 625 points amid selling pressure
KARACHI: The Pakistan Stock Exchange witnessed a bearish trend on Thursday amid heavy selling, with the benchmark KSE-100 Index shedding 625.40 points...
After GI tag for Basmati, Pakistan set to register pink salt as local product
ISLAMABAD: After the registration of Geographical Indications (GI) for Basmati rice, Pakistan has now decided to register pink salt as its GI...
SBP reserves drop $59m to $12.8bn
The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell 0.45pc on a weekly basis, according to data released...