Majority of people affected by Covid-19 have resumed work in Pakistan
ISLAMABAD: Pakistan Bureau of Statistics (PBS) has claimed that out of the 35 per cent population of the country which had been...
Pakistan, Turkmenistan discuss goods transit through Gwadar, Karachi ports
ISLAMABAD: Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood has appreciated Turkmenistan's proposal for transit of Turkmen goods through...
Pakistan’s trade deficit widens 32pc to $2.68bn in December
Exports rise 18.3pc to $2.35bn, whereas imports surge 25.2pc to $5.03bn in December 2020
US trade deficit rises to more than 14-year high
WASHINGTON: The United States’ trade deficit surged to its highest level in more than 14 years in November as businesses boosted imports...
India forecasts 7.7pc GDP contraction in 2020-21
NEW DELHI: The Indian government said on Thursday it expects the economy to contract 7.7pc in the fiscal year ending in March,...
SBP reserves rise $261m to $13.4bn
ISLAMABAD: The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased 1.98pc or $261 million to $13.41 billion during...
ECC approves removal of additional customs duties on 152 tariff lines
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday gave a go-ahead to remove 2pc additional customs' duties on 152...
Exporters demand customs duty waiver on cotton yarn
KARACHI: Value-added textile exporters have demanded the government to abolish customs duty on the import of cotton yarn in order to support...
USC posts Rs100bn turnover for 2020
ISLAMABAD: The annual turnover of Utility Stores Corporation of Pakistan (USC) was recorded around Rs100 billion in the calendar year 2020 as...
Provinces directed to check hoarding, black marketing of essential commodities
ISLAMABAD: Finance and Revenue Minister Dr Abdul Hafeez Shaikh, while chairing a meeting of the National Price Monitoring Committee (NPMC) on Monday,...
British American Tobacco to set up business services hub in Pakistan
BAT clarifies that Pakistan setup is being established 'in parallel to the company's business in Malaysia', and will serve Asia Pacific and Middle East region
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...