Trump eases car tariff threat as U.S., EU launch talks to quell trade tensions
Europe has agreed to increase purchases of U.S. liquefied natural gas and lower trade barriers to American soybeans, aiding U.S. farmers and the energy sector, Trump said
Imports of vehicles, parts rise as demand remains robust
Import of parts and accessories for domestically assembled cars surged by 23 percent, touching $809 million compared against $660 million in FY17.
China’s Xi says ‘no winner’ in any trade war
JOHANNESBURG: China's President Xi Jinping on Wednesday said that there would be "no winner" in any global trade war, in a direct...
Pakistan Tobacco Company announces Rs2.9 billion Q2 profit
LAHORE:Â Pakistan Tobacco Company (PTC), in a notification issued to the Pakistan Stock Exchange (PSX) on Tuesday, released its financial results for the...
Painful structural adjustments on macro weaknesses await next government
LAHORE: Structural weakness in Pakistan’s trade account deficit that has swelled commodity prices again, poses critical challenges which cannot be managed by...
Pakistan needs to expand water storage capacity: SAARC CCI
ISLAMABAD: SAARC Chamber of Commerce and Industry (SCCI)Â Senior Vice President, Iftikhar Ali Malik on Wednesday said Pakistan badly needed to expand its...
Private sector’s share of CPEC projects likely to increase: Global Times
BEIJING: The multi-billion-dollar China-Pakistan Economic Corridor (CPEC) is an open initiative that welcomes private-sector players from China, Pakistan and third countries to...
China’s trade frictions with U.S. spell uncertainty for jobs, state planner warns
China’s surveyed jobless rate in June was unchanged from May at 4.8 percent, according to official data
Roughly fifty-percent of Pakistan’s $24.2 billion exports went to six countries in FY18
The United States remained the top destination for Pakistani exports fetching $3.9 billion receipts during the just concluded FY18
Economic and water-shortage challenges await the next government
The central bank is burning through foreign exchange reserves and devaluing the rupee, including another five-percent dive this month, in a bid to bridge a widening trade deficit
Govt released Rs32 billion under PM export package to enhance exports
The total claims for clash payment were recorded at Rs34 billion during Jan-June 2017, leaving a balance of Rs8 billion outstanding to be paid to exporters
Pak Suzuki Motors declares Rs394m profits in Q2FY18
KARACHI: Pak Suzuki Motor Company (PSMC) Tuesday declared a profit of Rs394 million in Q2FY18 despite price increases as well as the volumetric growth...
Stable policy environment overturns growth momentum
LAHORE: Pakistan’s Gross Domestic Product (GDP) growth momentum is expected to be dragged down by the current fiscal year while the stable policy...
SECP, NACTA vow to stand against money laundering, terror financing
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) and National Counter Terrorism Authority (NACTA) have resolved to jointly undertake all necessary...
NEPRA jacks up power price by Rs0.5 per unit
ISLAMABAD: The already burdened power consumers of the country are to face a hike in power tariff as the National Electric Power...