Pakistan’s IT exports rise 39pc in July-Nov FY21

KARACHI: Pakistan's IT exports increased 39pc to $763 million in the first five months (July-Nov) of the current fiscal year (FY21), data...

Builders body expresses concern over hike in steel, cement prices

ABAD chief terms sudden hike in steel and cement prices 'a conspiracy against PM's affordable housing scheme'

British American Tobacco to move BPO operations from Malaysia to Pakistan

ISLAMABAD: British American Tobacco (BAT) has decided to move its 'shared services' operations from Malaysia to Pakistan, it was learnt on Tuesday. BAT...

Pakistan registers current account surplus for fifth straight month

Pakistan’s current account recorded a surplus for the fifth consecutive month in November at $447 million as compared to a deficit of...

Pak-Afghan transit trade accord to be finalised by 30th

An Afghan delegation will be visiting Islamabad later this month to finalise Afghanistan-Pakistan Transit Trade Agreement

Provinces asked to strictly monitor prices of eggs, vegetable ghee

ISLAMABAD: Finance and Revenue Minister Dr Abdul Hafeez Shaikh has directed the provincial governments to effectively monitor the prices of essential food...

Govt terms 45pc increase in foreign debt reports ‘misleading’

ISLAMABAD: The Economic Affairs Division has rejected media reports that the country witnessed a 45pc increase in its foreign loans over the last...

Sri Lanka reverses decision to increase domestic tax on Pakistani kinnow

ISLAMABAD: In a positive development that will further promote and enhance Pak-Lanka bilateral trade, the Sri Lankan government has reversed its decision...

Weekly inflation drops 0.22pc

ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on December 17 witnessed a nominal decrease of 0.22pc as...

Pakistan, UAE agree to boost agricultural cooperation

ISLAMABAD: Pakistan and the UAE have agreed to enhance cooperation in the agriculture sector. The understanding was reached at a meeting between Foreign Minister...

SBP reserves remain stable at $13.29bn

The foreign exchange reserves held by the State Bank of Pakistan remained stable on a weekly basis, according to data released by...

MoC finally submits five-year textile policy to ECC for approval

Ministry proposes incentives worth Rs950bn; sets export target at $21bn

Pakistan gets foreign loans worth $4.5bn in five months

Gross loans during July-Nov FY21 were equal to 37pc of the annual budget estimate of $12.23bn

‘PTC to set up BPO hub for Asia Pacific, Middle East in Pakistan’

ISLAMABAD: Pakistan Tobacco Company (PTC), which is a subsidiary of British American Tobacco, has announced to establish its business process outsourcing (BPO)...

Foreign direct investment falls in negative territory

Pakistan's net Foreign Direct Investment (FDI) stood negative at $16 million in November 2020 compared to positive $192.4 million in the same...