Private sector lending touches record high of Rs4.893 trillion in February 2018
KARACHI: Data released by the State Bank of Pakistan (SBP) revealed the country’s private sector lending touched a record high of Rs4.893...
Trump targets Chinese goods with $60 billion tariffs
WASHINGTON: U.S. President Donald Trump lit a slow-burning fuse on Thursday to launch long-promised anti-China tariffs, but his actions appeared to be...
Pakistan has high production costs due to expensive energy: Ishrat Hussain
ISLAMABAD: Former Governor State Bank of Pakistan (SBP) Dr Ishrat Hussain said on Thursday that Pakistan has a very high cost of production particularly due...
Travel and tourism contribution to reach Rs986 bn this year
The travel and tourism sector contributed Rs930.9 billion, that is 2.9 per cent of Pakistan’s gross domestic product (GDP), in 2017 and...
High-level Chinese delegation visits defence production ministry
ISLAMABAD: A high-level Chinese delegation visited the Ministry of Defence Production and held a bilateral meeting, co-chaired by Ministry of Defence Production...
Foreign exchange reserves down by 1.5 pc: SBP
KARACHI: Foreign exchange reserves of the State Bank of Pakistan (SBP) amounted to $11.94 billion on March 16, down 1.5 per cent...
SBP welcomes entry of non-banks in payment systems
KARACHI: State Bank of Pakistan (SBP) Deputy Governor Riaz Riazuddin said on Thursday the central bank is facilitating the entry of non-banks in the...
CPEC provides Pakistan opportunity to be regional harbinger of peace: Rana Afzal
ISLAMABAD: Minister of State for Finance, Rana Muhammad Afzal Khan has said that China-Pakistan Economic Corridor (CPEC) is a god gifted opportunity,...
Business leaders ask FBR to refund claims to exporters
KARACHI: Former Chief Executive, Trade Development Authority of Pakistan (TDAP) S M Muneer has urged the Federal Board of Revenue (FBR) to...
Julius Bitok invites KCCI to participate, support Trade and Investment Conference in Kenya
KARACHI:Â Kenyan High Commissioner Julius Kibet Bitok has invited the Karachi Chamber of Commerce and Industry (KCCI) to participate and support the forthcoming...
MoC proposes rationalisation on 515 tariff lines
ISLAMABAD: Commerce Division, which is currently working on the formulation of Strategic Trade Policy Framework 2018-23 in consultation with the stakeholders, has...
Call for paradigm shift in trade policy to promote regional trade
ISLAMABAD: There is a need for a paradigm shift in the national trade policy to promote regional trade and this calls for acting like...
Transport corridor projects to create economic surplus: WB report
ISLAMABAD: A report launched by the World Bank Group (WB) here on Thursday revealed that investment in transport corridors is expected to...
Ghandara Nissan gears up to revive Datsun in Pakistan
LAHORE: In a notification sent to the Pakistan Stock Exchange (PSX), Ghandhara Nissan Limited (GHNL) notified the bourse that it had been...
Market Daily: KSE 100 crosses 45,000pts, analysts stand divided
LAHORE: Following a lacklustre open and sideways move through most of the first half of Thursday, the 100 Index got wings in...