Turkish lira’s decline continues on worries over Washington ties

Turkey and US have been at loggerheads over Ankara's decision to purchase Russian S-400 systems, which are incompatible with NATO systems ISTANBUL:...

Exports of cement shrink by 50.75pc during April 2017

Exports are proving to be Achilles's heel for the cement sector that has seen its growth inhibited by the regular decline in...

China bails out Pakistan with $1.2bn loans: Financial Times

China has increased its economic sway in Pakistan during the past year, providing more than $1bn in loans to help its neighbour...

SECP strikes down 120 illegal personal loan applications 

Only SECP-approved Personal Loan Apps to be permitted for listing on the Google Play Store from now

‘NCC-approved business activities to begin from Monday’

Sindh info minister says decision may be reversed in light of developing situation

SBP Governor directs banks to increase footprint in Balochistan

The State Bank of Pakistan (SBP) governor on Monday issued a directive to all commercial banks' heads to bolster their services in...

SCO membership to bode well for national economy: FPCCI

KARACHI The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has hailed the full-fledged membership status granted to Pakistan in the Shanghai...

Pakistan seeks further cooperation with ADB: Hafeez Shaikh

ISLAMABAD: Pakistan looks forward to further strengthening its partnership with the Asian Development Bank (ADB) under its new President Masatsugu Asakawa, Adviser...

‘Uzbekistan desires utilisation of Karachi, Gwadar ports’

Uzbekistan Deputy Prime Minister Sardor Umarzakov has expressed his country's desire to utilise Karachi and Gwadar ports. According to a statement issued by...

Importers in a fix over delay in EV ordinance

Govt yet to issue ordinance despite approval of Electric Vehicle policy by cabinet about a month ago

Lame duck PML-N govt blocks building third LNG terminal

With competition nipped in the bud, the consumers shall pay the tab ISLAMABAD: The lame duck PML-N government, whose tenure ended on May 31,...

PFC lauds PM Imran’s endeavours in uplifting exports

LAHORE: Pakistan Furniture Council (PFC) Chief Executive Mian Kashif Ashfaq said on Friday that the entire business community has lauded Prime Minister Imran...

Pakistan borrows $3.527bn in first quarter

ISLAMABAD: Pakistan borrowed $3.527 billion from multiple financing sources during the first quarter (July-September) of the current fiscal year 2023-24 (FY24) compared...

Stocks shed 330 points as investors turn cautious

KARACHI: Bears dominated the Pakistan Stock Exchange (PSX) on first trading session of the week, as investors preferred to stay on sidelines...

Talks between govt, traders fail; shutters to remain down tomorrow

APAT president criticises finance advisor and FBR chairman for 'backtracking from decisions taken during earlier talks' Finance advisor says traders' support...