Stocks nosedive 960 points after Shehbaz’s arrest

KARACHI: The Pakistan Stock Exchange (PSX) witnessed bloodshed on Monday, with the KSE-100 Index plunging over 1,000 points intraday amid political unrest. Global...

China factory growth weakest in over two years, slump in export orders deepens

The official PMI - which gives global investors their first look at business conditions in China at the start of the last quarter of the year - fell to 50.2 in October, the lowest since July 2016 and down from 50.8 in September

‘Sarmaya Pakistan Co’ established to revive 193 public sector entities: Fawad

The cabinet also decided to maintain the support price for 40 kg wheat at Rs1300 and deliberated the policy to dispose of one million tonnes surplus wheat

PM invites Japanese companies to invest in Pakistan

ISLAMABAD: Prime Minister Justice (r) Nasir-ul-Mulk Wednesday said Pakistan attached great importance to its relations with Japan and invited Japanese companies to avail...

Budget lauded as pro-people, pro-business, and pro-Pakistan

ISLAMABAD: People from all segments of the society including economists, professors, students, journalists, and citizens have hailed the federal fiscal budget 2018-19...

Pakistan’s foreign reserves decline by $300mn

The liquid foreign exchange reserves of the country declined by $300 million to $16.069 billion by the week ended September 7, 2018,...

Indonesia formally grants immediate market access for 20 Pakistani products

ISLAMABAD: Indonesia has issued a formal notification for the correction of Indonesia-Pakistan Preferential Trade Agreement (IP-PTA) by offering immediate market access for 20...

Govt of Sindh to initiate Doing Business Reforms across major departments

KARACHI: The Government of Sindh is implementing the Doing Business (DB) Reforms across different departments, said Sindh Board of Investment (SBI) Chairperson,...

SBP governor stresses technology utilisation for agricultural productivity

Banks urged to enhance their outreach in terms of agricultural infrastructure by hiring agriculture credit officers KARACHI: State Bank of Pakistan (SBP)...

ECC gives go-ahead to revisions in OGRA ordinance 2002

The ECC also gave go-ahead to exemption from regulatory duty on import of dry fruits, vegetables and fresh fruits from Afghanistan which was proclaimed by PM Abbasi on his visit to Kabul recently

Balochistan being explored for metallic mineral deposits

Rs 56.7m to be spent on surveying and evaluating metallic mineral deposits in Balochistan. Islamabad: The government has launched an ambitious plan for...

Attock Cement concludes civil, mechanical and electrical work on Iraq project

In May 2013, Attock Cement had announced plans to invest $25 million in a new grinding plant in Basra, Iraq

Torkham border to be fully functional by Aug 1st: FBR official

PESHAWAR: Pak-Afghan border at Torkham will be fully functional from August 1st, while the gates of Mohmand and Chitral borders will be...

Workers’ remittances life line for country’s external account balance: Jameel Ahmed

KARACHI National Bank of Pakistan (NBP), the largest public sector bank in the country, recently launched a campaign specifically designed to create awareness...

Another round of urea price hike expected from June

LAHORE: It has been learnt that another round of escalated urea prices is expected to kick off starting June, following the federal cash...