Urea prices to rise further, if govt doesn’t release subsidies

Last week, the fertilizer manufacturers had jacked up prices of urea by Rs100 per bag and could increase it by a further Rs106 due to the finance ministry’s unwillingness to release the pending subsidy

Centre, provinces asked to develop consensus on food standards

Govt calls for establishment of a single uniform standard to enhance interprovincial trade ISLAMABAD: As the centre and provinces are yet to develop...

Pakistan’s ambassador to US eyeing stronger economic relations

KARACHI: More companies from the United States (US) will soon come to Pakistan with various steps being taken to boost bilateral trade...

Six-month remittances hit $11.394bn in July-December

KARACHI: The State Bank of Pakistan has reported that remittances from overseas Pakistani workers jacked up 3.31 percent to $11.394 billion in...

Ogra recommends Rs4.06 per litre hike in petrol prices for January

ISLAMABAD: Oil and Gas Regulator Authority (OGRA) has forwarded summary to the government for raising prices of petroleum products from five to...

SAARC CCI president to visit Pakistan, hold high-level meetings

ISLAMABAD: SAARC Chamber of Commerce and Industry (SCCI) President, Ruwan Edirisinghe is scheduled to arrive in Pakistan on July 10 (Tuesday) on a two-day visit to...

FPCCI demands government to award industry status to furniture sector

ISLAMABAD: Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Friday urged the government for awarding industry status to furniture sector...

IMF mission chief’s visit to Pakistan concludes

ISLAMABAD: The maiden visit of International Monterey Fund (IMF) mission chief for Pakistan came to an end on Wednesday. As per details, IMF Mission...

Prime Minister chairs meeting of ECC

Islamabad: Prime Minister Shahid Khaqan Abbasi on Tuesday chaired a meeting of the Economic Coordination Committee (ECC) here in PM Office Islamabad. ECC...

Govt extends contract of NIRC chairman for two years

ISLAMABAD: The federal government on Wednesday allowed a two-year extension in the contract of the National Industrial Relations Commission (NIRC) Chairman Justice...

SBI supporting local, foreign investors through SEZs

KARACHI: The Sindh Board of Investment (SBI) is assisting companies and investors who intend to invest in Sindh, and is facilitating the...

SBP providing cheap financing facilities

FAISALABAD: State Bank of Pakistan (SBP) is providing cheap financing facilities with minimum markup rate to 5 important segments for the speedy,...

Under PSDP 2018-19, Govt releases Rs10 bl for development projects

ISLAMABAD: The government has released over Rs9.94 billion under its Public Sector Development Programme (PSDP) 2017-18 for various ongoing and new schemes...

China’s forex reserves fall in 2018 as slowing economy, trade war weigh

China’s foreign exchange reserves - the world’s largest - fell by $67.24 billion last year to $3.073 trillion, central bank data showed on Monday

Stocks retreat 100 points on profit booking

KARACHI: The Pakistan Stock Exchange (PSX) endured a volatile session on Friday, with the indices swaying both ways in search of a...