Trade associations relieved over SC verdict, foresee long term stability

The leaders of major trade associations have expressed relief over the Supreme Court’s (SC) verdict. They stated that the verdict had cleared...

OGRA proposes Re1 per litre hike in petrol price

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has worked out new prices of petroleum products (POL) for the month of November...

Urea sales decline 74pc in October

Urea sales for the month of October 2019 are expected to decline by 74pc to 122,000 tonnes, as compared to the same...

Market Daily: Indices swing wild, KSE 100 down 0.15 per cent WoW

Friday started with KSE 100 index touching its intraday low of 37,845.42 after losing 391.10 points.

FFC recommends $121mn investment in Thar Energy

LAHORE: In a notification to the Pakistan Stock Exchange (PSX) Fauji Fertiliser Company (FFC) Limited informed that it has recommended approval of...

Pakistan extends duty free access for 67 per cent Chinese exports

ISLAMABAD: China has extended duty free access on 90 per cent Pakistani exports under Pak-China Free Trade Agreement (FTA)-2, while Pakistan has...

Exim Bank establishment an encouraging move says: FCCI chief

The establishment of the Exim Bank of Pakistan has been welcomed by the Faisalabad Chamber of Commerce and Industry (FCCI) President Muhammad...

Petroleum Division seeks ECC go-ahead to revive shelved gas pipeline projects

According to sources, the Petroleum Division will table three options before the Economic Coordination Committee (ECC) to determine the destiny of previously shelved gas pipeline projects

Govt to project 6.2 percent GDP growth rate for next financial year

ISLAMABAD: The outgoing government is set to give go-ahead for upcoming financial year’s macroeconomic framework, which projects inflation at 6 percent and...

US warns German firms of possible sanctions over Russia pipeline

BERLIN: The US ambassador to Germany has warned companies involved in the construction of the Russian-led Nord Stream 2 gas pipeline that...

ICRU, private sector collaborate to resolve taxation issues

LAHORE: The Investment Climate Reform Unit (ICRU), Planning and Development, Punjab, held the first task force meeting, to address the taxation issues...

Commerce ministry focusing on overhauling trade mechanism

Islamabad: The Ministry of Commerce is focusing on modernizing the trade mechanism to facilitate international and domestic trade, and enhance export. "We are...

Night navigation system launched at Port Qasim

Before this, the port was being used to get ships docked in the morning only Night navigation system for the large vessels...

CPEC could widen current account deficit: Moody

New York: Moody’s Investors Service has raised several questions pertaining to China-Pakistan Economic Corridor (CPEC) and said the mega project would widen...

U.S.-China trade talks resume next week, focus on intellectual property

A new round of trade talks begins in Beijing on Monday, after the most recent set of negotiations concluded in Washington last week without a deal and with the top U.S. negotiator declaring that a lot more work needed to be done