Economic Survey 2017-18: Agriculture sector records growth of 3.81 percent
Rice, sugarcane considered amongst the notable Kharif crops outstripped their production targets in 2017-18 by posting growth of 7.45 percent and 8.65 percent respectively
Women participation in labour force 4.3pc, gender gap wider than before: World Bank
KARACHI: Institute of Business Management's (IoBM) Head of Economics, Shahida Wizarat, says women don’t face gender-based discrimination in effluent classes but the same...
FOREX reserves shrink by 8pc since June
KARACHI
The foreign exchange reserves in the country have been under pressure and are down by 8 per cent since June 2017, to...
OICCI welcomes UK upgrading travel advisory to Pakistan
ISLAMABAD:Â The Managing Committee of the Overseas Investors Chamber of Commerce and Industry (OICCI) has welcomed the travel advisory to Pakistan issued by...
Bears dominate as KSE-100 sheds over 600 points
KARACHI:Â Bears of Pakistan Stock Exchange (PSX) were again successful in capturing the market, as the indices bled for the most part of...
Foreign outflows reach close to $1bn
KARACHI: Total gross divestment during March 2020 has reached $995 million, according to data released by the State Bank of Pakistan (SBP),...
Trade deficit forecast to reach $26.9b in next FY 2017-18
For the upcoming financial year (FY) 2017-18, the economic growth rate has been forecast to reach 6pc on the basis of growth...
Silkbank declares Rs1.729bn operating profit for half year ended June 30
LAHORE:Â The Board of Directors of Silkbank Limited in their meeting held on August 13, 2018, declared an Operating Profit of Rs1.729 billion,...
Pakistan contemplating to import 20,000 tons of cotton from Afghanistan
Import of cotton from Afghanistan is under consideration due to the prevailing water shortage in the country
Irsa estimates 31 percent water shortage during early Kharif season
ISLAMABAD: Indus River System Authority (IRSA) has issued calls for the construction of two dams to counter the worsening water shortage which...
Rapid depletion in reserves, unsustainable fiscal deficit hurting economy
ISLAMABAD: The economy is facing a major economic challenge with rapid depletion of foreign reserves and unsustainable fiscal deficit denying the country...
Chinese entities interested in providing IoT, financial and transportation solutions in Pakistan
Megvii Technology based in Beijing is seeking to enter the Pakistani market for developing apps and other software for transportation departments and one of its services can recognize vehicles’ number plates
Procurement of land for Dasu hydropower project hits snags
An official source said Sigloo, Kaas and Sheikhabad are the areas where main civil works need to be initiated for main Dasu project and 500 acres of land is required in these places.
Chinese investment in CPEC energy projects reaches $12.4bn
ISLAMABAD: In a recent meeting held in Islamabad, China had shared with Pakistan that it has so far invested $12.4 billion in...
LSE hosts international conference for economic researchers, policymakers
The Lahore School of Economics hosted its first International Conference on Applied Development Economics on 12-13 September 2018 at the Lahore School’s...