Moot says budget must put people first
ISLAMABAD: Pakistan had 60 million people unemployed even before the pandemic, while the current crisis has added an estimated 20 million more,...
Conversion of furnace-oil power plants to LNG be prioritized says: PM
Islamabad: As the power shortfall once again crossed over 5,000MW on Tuesday with generation recorded at 18,500MW and demand at 23,500MW, Prime...
Stocks drop 75 points in volatile trade
KARACHI: The Pakistan Stock Exchange (PSX) witnessed another round of volatile activity on Thursday, with the indices swaying both ways in search...
Govt’s claims of increased exports false: PRGMEA
KARACHI:Â Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Chairman Central Shaikh Mohammad Shafiq discussed the stuck up payments of PM package duty...
Oil Tanker Association threatens strike on October 23rd if demands not met
Islamabad: Another oil-tanker strike is in the offing, as an association of oil tankers threatened to go on strike from October 23rd.
According...
Govt announces reform strategy for cross-border movement of goods under TFA
The government announced a reform strategy on Wednesday for cross-border movement of goods under the Trade Facilitation Agreement (TFA).
Commerce Minister Khurram Dastgir...
FDI has plunged by 40 percent globally: UNCTAD
According to UNCTAD, the development is mainly owing to recent tax reforms in the U.S. which have encouraged big firms there to bring home earnings from abroad – principally from Western European countries
IMF team to hold discussions on CPEC projects tomorrow
ISLAMABAD:Â As the policy level talks between Pakistan and International Monitory Fund (IMF) are underway, the IMF team is scheduled to visit the...
Rupee depreciation, rising global oil prices justify increase in petrol prices: OICCI
FPCCI lambasted the government for increasing prices of petroleum products and taking short-term decisions on the excuse of economic stabilization
Pakistan’s emerging market status first step toward becoming Asian Tiger: Report
Pakistan’s re-entry into the emerging market block, achieved with an amazing speed due to China Pakistan Economic Corridor (CPEC), driven optimism, is...
Increased economic cooperation between Pak, Russia urged
KARACHI: Sindh Board of Investment’s Chairperson, Naheed Memon on Tuesday emphasized the need for increased economic and regional cooperation and bilateral trade...
Brasil envoy for more trade with Pakistan
SIALKOT:Â Ambassador of Brasil in Pakistan Claudio Raja Gabaglia Lins has said that Brasil will soon establish the direly needed "Pak-Brazil Business Forum"...
Cabinet members condemn textile ministry for disregarding farmers
ISLAMABAD: Ministry of Textile Industry has been condemned by cabinet members for protecting interests of influential industries and disregarding cotton farmers.
The cabinet...
Market daily: bears return to work as PSX stocks take a dip
LAHORE
Investors at the Pakistan Stock Exchange (PSX) saw the indices bleed again on Wednesday. After a day’s calm, bears were back at work...
Volkswagen to invest over $2bn in Chinese electric vehicle sector
BEIJING: Volkswagen, the German car company, said Friday it will invest around €2 billion ($2.2 billion) in two Chinese companies in the...