Exports jump 8pc to $2.14bn in January

ISLAMABAD: Pakistan's exports grew 8pc to $2.14 billion in January 2021, as compared to $1.98 billion in the corresponding month of 2020,...

FBR surpasses January tax target by Rs24bn

Overall, the revenue board has collected Rs2.57tr in July-Jan FY21, as against the target of Rs2.55tr

PM’s aide urges exporters to aggressively pursue African market

'Orders worth $2m were received and deals worth $3m are under process after Pakistan successfully participated in Int'l Trade Fair in Sudan'

Frequent hike in energy rates to adversely impact industrial production: FPCCI

‘The govt's recent decision to increase power tariff was made on the behest of IMF as well as to appease IPPs'

FBR notifies removal of additional customs duty on 174 tariff lines

The Federal Board of Revenue (FBR) has withdrawn additional customs duty on import of raw materials of around 174 tariff lines. The FBR...

Weekly inflation up 0.52pc

ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the combined income group increased 0.52pc during the week ended on Jan 28,...

ECC forms committee to review OMCs’ margins on petroleum products

Committee okays continuation of general subsidy on five essential items through USC; approves allocation of gas from Mari Petroleum wells to SSGC; defers five-year textile policy for further deliberations

SBP reserves drop $15m to $12.99bn

The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell 0.12pc on a weekly basis, according to data released...

FPCCI laments hike in cement, steel prices

KARACHI: The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has deplored the unusual hike in cement and steel prices, urging...

‘Trade talks’: Razak Dawood-led delegation to depart for Uzbekistan on 31st

ISLAMABAD: Advisor to PM on Commerce Abdul Razak Dawood and Ambassador of Uzbekistan to Pakistan Aybek Arif Usmanov on Tuesday discussed the...

Turkey-Pakistan cargo train service to be launched soon: envoy

KARACHI: Consul General of Turkey Tolga Ucak on Tuesday held meetings with members of leading trade bodies of Pakistan to discuss possibilities...

Foreign investors repatriate $892.3m profit in July-Dec FY21

Repatriation of profits and dividends remains 6.7pc higher when compared with $836m in the first half of FY20

ECC may approve upward revision in OMCs’ margin on petrol, HSD

Petroleum Division has proposed Rs0.45 per litre hike in OMCs' margin on MS and HSD

Pakistan set to establish market along Afghan border: FM

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi has said that in line with directives of Prime Minister Imran Khan, the government is determined...

Urea offtake down 35pc, DAP sales up 6pc YoY in December

On a cumulative basis, urea offtake decreased 3pc YoY to 6.04m tonnes in 2020