Service trade deficit shrinks by 35.4pc

ISLAMABAD: The service trade deficit during first five months of the year 2018-2019 has witnessed a whopping decline of 35.4 per cent...

Global economy to grow by 2.4pc this year: WB   

WASHINGTON: Recovery in a handful of countries will boost global growth slightly this year but the outlook is riddled with potential pitfalls...

SECP launches one-stop-shop in Balochistan, Khyber Pakhtunkhwa

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) will extend its one-stop Shop (OSS) facility for company registration to Balochistan and...

UN cuts 2019 growth forecast to below 4% for Pakistan

UN said changes in trade policy can greatly decrease the rising trade costs across the region, facilitate the access to foreign inputs to exporters and enable the participation in global value chains (GVCs)

No new taxes imposed through mini-budget: FBR

'Instead, with the introduction of the new bill, the FBR revenues would go down by Rs6.8 billion' ISLAMABAD: The Federal Board of Revenue (FBR)...

Budget 2018-19: Government will borrow $11.6 billion from external sources in next fiscal year

The Federal government will borrow $11.6 billion from external sources in the next fiscal year 2018-19.

PEW blames IMF for miseries of third world countries

ISLAMABAD: The Pakistan Economy Watch (PEW) on Sunday said IMF has added to the miseries of the third world and helped transfer...

MoC to hold Pak-Africa trade conference in Kenya

The two-day event, which will host dignitaries from 20 African countries, will commence from Jan 30 in Nairobi

Pakistan to receive oil worth $4.5bn from IDB

'Talks are underway to finalise a similar agreement for the supply of LNG' The Islamic Development Bank (IDB) will provide a three-year $4.5...

Facilitation of exporters only way forward: Hammad Azhar

State minister says ill-conceived policies of the past govts had jeopardised the vibrant export industry of textile LAHORE: Minister of State for...

Private sector delegation leaves for Bhutan, will participate in SAARC meeting

LAHORE A high-level delegation of the private sector, on Saturday left for Thimpu (Bhutan) to represent Pakistan in the forthcoming 70th executive committee...

Water scarcity a threat to the country: FPCCI

KARACHI: FPCCI Chairman Coordination Malik Sohail Hussain on Sunday asked the government to take concrete steps to overcome water scarcity which has...

Amazon’s Bezos says National Enquirer owner tried to blackmail him

WASHINGTON: Jeff Bezos, chief executive of Amazon.com Inc, has accused the owner of the National Enquirer of trying to blackmail him with...

Textile millers reject proposed ban on cotton import

LAHORE: Textile millers on Friday rejected recommendations made by the National Assembly's Standing Committee on National Food Security and Research to impose...

Apple, Huawei, Amazon gain in sluggish tablet market

WASHINGTON Apple, Huawei and Amazon boosted tablet sales over the past quarter, despite the ongoing slump in the overall market for the devices,...