DAP prices increased by Rs150 per bag
LAHORE: Following another round of price hike, fertilizer players have increased DAP (Di-Ammonium Phosphate) prices by Rs150 per bag, pushing the new price...
Economists, business community welcome Imran Khan’s pledges for economy, good governance
ISLAMABAD: While the incoming government of Pakistan Tehrik-e-Insaf (PTI) is going to immediately face a dire economic situation, economists have welcomed the...
POL discovers oil in Khaur, North Punjab
KARACHI: Pakistan Oilfields Limited (POL) has successfully discovered hydrocarbons at Khaur North in their Khaur D&P Lease area in which the company...
Will PTI cure the economic malaise left by PML-N?
Amongst a multitude of challenges facing PTI are the depleting foreign exchange reserves, burgeoning trade and current account deficits and eroding value of the rupee
Pakistan dollar bonds rise as election results awaited -Tradeweb
The 2025 eurobond jumped 2.2 cents to 102 cents in the dollar according to Tradeweb data, the highest since June 1. The 2024 issue rose 1.7 cents to 101.7 cents, the highest in almost two months
59 percent demand of major sectors is met through smuggling: Report
The report prepared by MCC Preventive, Karachi and last updated on May 2015 reveals around 59 percent of tyre demands was reached via illegal channels and may have been met via smuggling
Textile exports plunged 2 percent in June 2018
The government since the last 1.5 years has been trying to enhance exports and extended the Prime Minister Export-Package to rein in the ballooning CAD and dwindling foreign exchange reserves to a 3.5 year low of $9.06 billion
World Bank disbursed less than estimated loans to Pakistan
The country received $3.7 billion in loans from overseas commercial banks against a budgeted forecast of $1.5 billion. The loans were obtained from foreign commercial banks for a max duration of three years at an interest rate of LIBOR plus 3 percent
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...