Country’s current account deficit widens to $2.601bn for Jul, Aug

KARACHI The balance of payment figures rang an alarming bell for the economists as the country’s current account deficit (CAD) widened almost double...

Pakistan receives first tranche of $1.2b from IMF: Dar

ISLAMABAD: Finance Minister Ishaq Dar has stated that Pakistan has received the first tranche of 1.2 billion dollars under the stand by...

LNG imports have saved Pakistan $1.7b

Lahore: The government gamble to import Liquefied Natural Gas (LNG) seems to have paid off as it has been assessed that the...

Business community calls for business friendly policies at the Torkham border

PESHAWAR:The Sarhad Chamber of Commerce and Industry (SCCI) has urged the government to review its policies related to the Torkham border in...

Swiss investors urged to explore opportunities in Pakistan

President Dr Arif Alvi has urged the Swiss companies to explore investment opportunities in Pakistan, a statement issued on Tuesday read. Talking to...

Govt fails to get tax amnesty bill passed by NA committee

ISLAMABAD: The federal government has failed to get two bills passed from the National Assembly Standing Committee on Finance seeking the parliament’s...

Stocks add 189 points in volatile trade

KARACHI: Investors at the Pakistan Stock Exchange (PSX) witnessed a volatile session on Tuesday, with the benchmark KSE-100 Index swaying both ways...

France keen to do business in Pakistan: Consul general

More French companies taking interest in Pakistan: French envoy KARACHI: Karachi is a peaceful, vibrant and lovely city, along with being the business...

US economy records 2.6pc growth during April-June 2017 quarter

Washington: The U.S. economy revved up this spring after a weak start to the year, fueled by a surge in consumer spending....

Shibli Faraz hints at interest rate cut  

ISLAMABAD: Leader of the House in the Senate Syed Shibli Faraz has said that the inflation is coming down and if this...

Pakistan among 20 countries most affected by China’s slowdown

 ISLAMABAD: As coronavirus threatens the global economy, the Uni­ted Nations Conference on Trade and Development (UNCTAD) has said that China's slowdown would...

RCCI calls for efficient mechanism to control cross-border smuggling

Rawalpindi Chamber of Commerce and Industry (RCCI) President Malik Shahid Saleem on Monday urged the government to adopt modern technology and strict...

Pakistan, Thailand to hold FTA talks in December

A senior official of the commerce ministry said Pakistan would get benefits of $250 million after signing the FTA with Thailand

Global airlines slash profit forecast on protectionism fears

SEOUL: Global airlines slashed a widely watched industry profit forecast by 21 per cent on Sunday as an expanding trade war and...

Stocks rally 353 points on positive sentiments

KARACHI: Bulls continued to dominate the Pakistan Stock Exchange (PSX) on Wednesday, with the benchmark index crossing the 47,000 mark intraday amid...