Stocks plunge 1,000 points on economic concerns
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a lacklustre start to the week, with the benchmark KSE-100 Index shedding over 1,100 points...
Govt’s intervention sought as ginning industry fights for survival
LAHORE: The Pakistan Cotton Ginners Association (PCGA) on Friday urged the government to formulate a strategy and recover Rs30 billion from textile...
Years needed to restore demand, say UAE airlines
DUBAI: Top executives of Emirates and Etihad, two of the Middle East’s biggest airlines, have said passenger demand may not return to...
China vows to keep providing financial help to Sri Lanka
Sri Lanka last year granted Beijing a 99-year lease on a new port on one of the world’s busiest shipping routes after being unable to afford to repay Chinese loans for the $1.4 billion project
SBP to announce monetary policy today
KARACHI: The State Bank of Pakistan’s Monetary Policy Committee will meet on Friday (today) in Karachi to decide the country’s monetary policy.
The...
Planning Commission of Pakistan to work for conserving water resources
ISLAMABAD
The Planning Commission believes that water conservation can play an important role in sustaining agricultural development. This requires substantial improvements in water...
Food imports rose 20.21 percent during July-October
ISLAMABAD: The country’s food imports increased by 20.21 percent during the first four months of the current fiscal year compared to corresponding...
Road projects under CPEC face delays, as Chinese halt funding
ISLAMABAD: Certain road projects under China-Pakistan Economic Corridor (CPEC) have been deprived of funding by China and it will remain suspended till...
WB approves $825mn loan to support power transmission, health, education
ISLAMABAD: The World Bank (WB) on Monday approved an $825 million funding for Pakistan to bolster its electricity transmission and distribution network,...
Telenor Pakistan announces new model to empower businesses
KARACHI: Being the front runner in creating opportunities by aiming at value creation, Telenor Pakistan, has announced its new and forthcoming business...
CCP imposes Rs1mn penalty on Kitchen Stones Food
ISLAMABAD:Â The Competition Commission of Pakistan (CCP) has passed an order imposing a penalty of Rs 1 million on a frozen foods company,...
SBP reserves up $95m to $12.8bn
KARACHI: The foreign exchange reserves held by the State Bank of Pakistan increased 0.74pc on a weekly basis, according to data released...
Overseas Pakistanis remit $20.19bn in 11 months
KARACHI:Â Overseas Pakistani workers remitted $20.19 billion in the first eleven months (July to May) of FY19, showing a growth of 10.42pc compared...
FBR revises duty drawback rates for leather sector
ISLAMABAD: Pakistan Customs (FBR) has revised upwards the rates of duty drawback for the leather sector, Adviser to Prime Minister on Commerce...
NA body calls for workable solution to exporters’ woes
ISLAMABAD:Â The National Assembly's Standing Committee on Commerce and Textile on Tuesday advised the Ministry of Commerce to find a workable solution to...