US sanctions on Iran threaten Chabahar port project

WASHINGTON: US President Donald Trump’s decision to pull out of the Iran nuclear accord and re-impose sanctions on Tehran threatens to derail...

Inflation fell by 2.9pc in July

Islamabad: According to statistics released by the Pakistan Bureau of Statistics (PBS) on Tuesday, country’s average inflation during July as recorded through...

Govt striving hard to provide economic relief to masses: PM

ISLAMABAD: With the weekly Sensitive Price Index (SPI) showing a declining trend and expected to witness a further decrease, overall economic indicators...

APTMA urges newly elected PM to reduce cost of doing business

KARACHI All Pakistan Textile Mills Association (APTMA) Acting Chairman Zahid Mazhar has congratulated Shahid Khaqan Abbasi on assuming the office of prime minister...

Dar to unveil electronic transfer system today for RPO funds transfer to exporters

Islamabad: In an event to be held today at the Federal Board of Revenue, the Finance Minister Ishaq Dar will unveil an...

Thousands fired from $30bn Bangladesh garment sector

Garment worker Rabeya started protesting on the streets of Dhaka in early January to pressure her employer -- one of Bangladesh's major...

Pakistan’s export grew 1.6pc in June 2017

Islamabad: Pakistan's exports have started showing upward trend as they increased by 1.6 percent in June 2017 as compared to same period...

Textile exports up 3.68pc in seven months

ISLAMABAD: Textile exports from the country during the first seven months of the current financial year grew by 3.68pc as compared to...

PSM’s ‘under investigation officials’ to be placed on ECL

ISLAMABAD: The Economic Coordination Committee (ECC) has directed the Ministry of Industries and Production to ensure placing the names of Pakistan Steel Mills...

Water scarcity hits cotton sowing target

Chronic water shortage could mean Pakistan missing its production target of 14 million bales set for the next season

Telecom sector profit repatriation to headquarters reach $177m for FY 2016-17

Islamabad: According to data compiled by the State Bank of Pakistan (SBP), it has been reported that telecom companies repatriated dividends worth...

PM terms trade, investment ‘an important pillar of Pakistan’s foreign policy’

'After overcoming the most difficult challenge of stabilising the economy during the first six months, our focus is now on economic...

As trade war with China looms, U.S. readies second wave of duties

The $100 billion list will be subject to the same public comment and hearing process as the $50 billion list, so it could take 60 days or more to put into effect

Centre, provinces owe Rs42.4bn to DISCOs, Senate told

Minister says power generation companies have sustained a total loss of 79 million electricity units during the last two years ISLAMABAD: Energy (Power...

Padding up the cement tycoons’ coffers

With CCP timidly looking away, the APCMA is running a cartel, setting up production quotas and extracting rapacious rates from captive consumers