Asad-Umar

Historic uplift package for GB to be finalised soon: Asad Umar

ISLAMABAD: Planning, Development and Reforms Minister Asad Umar has said that a joint team of Gilgit-Baltistan and the federal government will soon...

Ministers hail LSM growth amid pandemic

Planning and Development Minister Asad Umar said on Wednesday that industrial growth of the country was clearly accelerating as it witnessed "excellent...

Big industry expands 14.5pc in November 2020

ISLAMABAD: Large Scale Manufacturing (LSM) in Pakistan grew by 14.5 per cent in November 2020 as compared to the same month in...

PM launches Pakistan’s first instant digital payment system

'SBP's Raast initiative will help boost formal economy, ensure financial inclusion of women, and eradicate poverty from the country'

PM Imran lauds diaspora for remitting over $2bn for 6th straight month

'Remittances surge 25pc YoY during July-Dec FY21, highest half-year growth in 14 years'

Bahawalpur industrial estate to be functional soon: minister

LAHORE: Punjab Finance Minister Makhdoom Hashim Jawan Bakht said on Thursday that Bahawalpur Industrial Estate will be functional soon, wherein all business start-up...

Majority of people affected by Covid-19 have resumed work in Pakistan

ISLAMABAD: Pakistan Bureau of Statistics (PBS) has claimed that out of the 35 per cent population of the country which had been...

Pakistan, Turkmenistan discuss goods transit through Gwadar, Karachi ports

ISLAMABAD: Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood has appreciated Turkmenistan's proposal for transit of Turkmen goods through...

Pakistan’s trade deficit widens 32pc to $2.68bn in December

Exports rise 18.3pc to $2.35bn, whereas imports surge 25.2pc to $5.03bn in December 2020

US trade deficit rises to more than 14-year high

WASHINGTON: The United States’ trade deficit surged to its highest level in more than 14 years in November as businesses boosted imports...

India forecasts 7.7pc GDP contraction in 2020-21

NEW DELHI: The Indian government said on Thursday it expects the economy to contract 7.7pc in the fiscal year ending in March,...

SBP reserves rise $261m to $13.4bn

ISLAMABAD: The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased 1.98pc or $261 million to $13.41 billion during...

ECC approves removal of additional customs duties on 152 tariff lines

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday gave a go-ahead to remove 2pc additional customs' duties on 152...

Exporters demand customs duty waiver on cotton yarn

KARACHI: Value-added textile exporters have demanded the government to abolish customs duty on the import of cotton yarn in order to support...

USC posts Rs100bn turnover for 2020

ISLAMABAD: The annual turnover of Utility Stores Corporation of Pakistan (USC) was recorded around Rs100 billion in the calendar year 2020 as...