APG adopts Pakistan’s 3rd Mutual Evaluation Report

ISLAMABAD: The six-day 22nd annual meeting of the Asia-Pacific Group on Money Laundering is being held in Canberra, Australia. A senior-level delegation from...

Pakistan’s textile exports inch up by 0.86 percent in 1st quarter FY19

During the period under review, bedwear exports from the country increased by 2.89 percent, from $567.224 million to $583.62 million while the tents canvas and tarpaulin's exports also increased by 3.54 percent from $16.13 million to $16.7 million

Courier companies denounce proposed logistics regulation bill

KARACHI: The bill passed by the National Assembly and titled as ‘Pakistan Courier and Logistics Regulatory Authority Act 2017’ is under the...

Rupee gains 6 paisas in interbank, closes at Rs157.22

ISLAMABAD: The exchange rate of dollar dropped by 06 paisas in interbank and traded at Rs 157.22 compared to last closing of...

Pakistan to receive first tranche of $1bn from KSA by next week

ISLAMABAD: Pakistan is likely to get $1 billion from Saudi Arabia as the first installment by next week, it has been learnt on Saturday. On...

Sugar industry asks government for early disbursement of outstanding subsidies

Industry asks for sugarcane price to be set in line with prices of sugar and demands the tax regulator to collect general sales tax (GST) on the actual selling price of sugar instead of Rs60 per kg fixed by it

IPR draft to be finalised by year end

The government is in the process of finalising a draft addressing intellectual property rights (IPR) laws in the country after due consultation...

Govt to introduce functional framework for protection of consumers, Rana Afzal

ISLAMABAD: Minister of State for Finance and Economic Affairs Rana Muhammad Afzal Khan has said that the government is working towards a framework to...

FBR and Commerce Ministry at loggerheads over National Tariff Policy

The approval of NTP was included in the hundred-day agenda of advisor to Prime Minister on Commerce, Industry, Textile and Board of Investment (BOI) which was missed

Food imports down 24pc, exports up 14pc in Q1 FY20

Food group imports into the country during the first quarter of the current financial year (July-Sept 2019-20) decreased considerably by 24.7pc, whereas...

Pak to acquire another $700m in fresh loans

Pakistan is likely to acquire $700m in loans from the Asian Development Bank (ADB) and France in the next two months in...

Chinese companies will install new industrial machinery in Pakistan: Sun Weidong

    Chinese Ambassador to Pakistan, Sun Weidong has said that increasing relations between Pakistan and China are not only mutually beneficial but it...

ICCI asks NBP to offer easy credit scheme for SMEs

Senior Vice President, Islamabad Chamber of Commerce and Industry Khalid Malik has called upon the National Bank of Pakistan to consider offering...

Emerging geo-strategic environment requires closer Pak-Iran ties: IPI conference

ISLAMABAD: Speakers at a conference on Tuesday urged Pakistan and Iran to address each other’s concerns for taking the relationship forward particularly...

China warns U.S not to open pandora’s box, spark global trade wars

BEIJING: China warned the United States on Thursday not to open Pandora’s Box and spark a flurry of protectionist practices across the...