Pakistan’s economy size rose to $313.13 billion in FY18
However, the size of the country’s economy in terms of dollars fell as the rupee nosedived against the greenback in four rounds of devaluation since December 2017, with a 5.8 percent growth rate falling to 2.7 percent
Pakistan obtained record loans of $11.4 billion during FY18
Loans obtained during FY18 of $11.4 billion were 48 percent or 3.7 percent higher than its government own projection put before parliament in June last year
World sugar exporters ask Pakistan, India & EU to cut subsidies
Global Sugar Alliance Members have identified export subsidies and domestic price supports in excess of WTO allowances and are urging our governments to take all necessary steps to ensure (that) Pakistan and India comply with WTO rules
FBR initiates tax evasion enquiry against stationery businesses
The stationery industry availed zero-rate sales as input on ending stocks by June 30th, which was subject to zero-rate sales tax on output for later supplies, said the official
UBL issues clarification against its president being placed on ECL
KARACHI: Recently, a false impression has been created in certain sections of the media that the President and CEO of UBL has...
CCP seeks comments of stakeholders, public on road construction sector
ISLAMABAD:Â The Competition Commission of Pakistan (CCP) has conducted a detailed study to assess competition issues in the road construction sector in Pakistan,...
DG Passports assures to streamline passport process for business community
ISLAMABAD: A delegation of the Islamabad Chamber of Commerce and Industry (ICCI) led by its President Sheikh Amir Waheed visited the Directorate...
Foreign reserves plunge to four-year low after 4.4 per cent drop
Foreign currency reserves held by SBP were recorded at $9,063.6 million, down $415.9 million
PBC delegation meets Finance Minister, discusses business policy
ISLAMABAD:Â A delegation of the Pakistan Business Council (PBC) led by Ehsan Malik and Bashir Ali Mohammad met the Finance Minister, Dr Shamshad...
Finance, climate change ministers, highlight causes and impact of urbanisation
ISLAMABAD: In the launching ceremony of the State of Pakistani Cities report under the agenda of 'Role of Cities in National Economic...
Current account deficit widens to $18bn in 2017-18, dollar at Rs128.60 interbank
CAD has jumped by 5.7 per cent of total country’s gross domestic product (GDP) this year.
Large-scale manufacturing industry grows by 6pc
ISLAMABAD: The Large Scale Manufacturing Industries (LSMI) of the country witnessed a growth of 6 per cent during the first eleven months...
Planning ministry for expediting sustainable development goals
ISLAMABAD: A meeting with the line ministries on the Sustainable Development Goals (SDGs) was held here in the Ministry of Planning Development...
Market Daily:Â Ongoing rally sees KSE-100 rake in 2,130 pointsÂ
The Pakistan Stock Exchange (PSX) continued its winning streak as the equity market stretched Wednesday’s rally, gaining 898 points (2.19 per cent) to close the day at 41,796.
Pakistan’s agriculture sector records notable improvement: ADB
ISLAMABAD: In Pakistan, agriculture recorded a notable improvement over the previous fiscal year and surpassed the Asian Development Bank’s annual growth target...