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:Â 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...
Motorbike, three-wheeler sales up 18pc in July-Nov period
ISLAMABAD: The sale of motorbikes and three wheelers increased 18.07 per cent during the first five months (July-Nov) of the current financial...
ECC approves electric vehicle, mobile device manufacturing policies
ISLAMABAD:Â The Economic Coordination Committee (ECC) of the Cabinet has approved the 'Mobile Device Manufacturing Policy' as well as the 'Electric Vehicles Policy'...
‘Pakistan, IMF on same page regarding power sector reforms, circular debt’
ISLAMABAD: State Bank of Pakistan (SBP) Governor Dr Reza Baqir said on Tuesday that the International Monetary Fund, like the government, wants...
ECC likely to approve Rs739bn Karachi Transformation Plan
ISLAMABAD: The Economic Coordination Committee (ECC), in its upcoming meeting, is likely to approve the Rs739-billion Karachi Transformation Plan.
As per details, Finance...
Petrol price increased by Rs3 per litre
The government on Tuesday increased the price of petrol by Rs3 per litre.
According to the Finance Division notification, a litre of petrol...
Big industry expands 6.6pc in October
ISLAMABAD: The large-scale manufacturing (LSM) sector grew 6.6 per cent YoY during October 2020, according to data released by the Pakistan Bureau...
Steelmakers feel the heat of rising input costs
ISLAMABAD: The drastic increase the prices of raw material has created a crisis-like situation in the struggling steel sector of Pakistan, as...