SBP forex reserves decline 0.50pc to touch $13,787.9m
Karachi: Decline in foreign exchange reserves continued for the fourth consecutive week as reserves held by State Bank of Pakistan (SBP) touched...
Next stage of CPEC begins, as priorities shift towards industrial parks
Islamabad: After completing work on early harvest energy projects, China-Pakistan Economic Corridor is taking the next step towards finalizing recommendations coming Tuesday...
SBP directs money changers to ensure 1pc reduction in open-market rate of dollar
Karachi: State Bank of Pakistan on Thursday held a meeting at its headquarters with money changers and directed them bring to reduce...
Total exports increase by 10.84% in July-Sept 2017-18, down by 10.24% YoY
--Trade deficit surged by 29.75% in July-Sept this year
KARACHI: The country’s exports surged by 10.84 per cent to $ 5.172 billion during...
Too many regulators spoil FDI: OICCI
--Overhaul in tax policy, implementation of IP rights law, change in perception necessary for investment growth
LAHORE: Overseas Investors Chamber of Commerce and...
Planning commission seeks stakeholder’s advice for re-prioritization of projects
Islamabad: Planning Commission (PC) on Wednesday said it is seeking advice from foreign and local stakeholders to reprioritize development projects of absolute...
Italian business community exploring business opportunities in Pakistan
Islamabad: Italian Ambassador to Pakistan Stefano Pontecorvo said on Wednesday that there was growing interest among the Italian business community to explore...
Trade deficit widens by 30pc during first quarter of FY 2017-18
Islamabad: In a further jolt to the economy, data released by Pakistan Bureau of Statistics (PBS) revealed that the country’s trade deficit...
KP, Punjab protest over delays in signing of power-purchase agreements
Islamabad: Punjab and Khyber-Pakhtunkhwa have voiced their protest over the non-signing of power purchase agreements (PPA), as both provinces are supplying electricity...
ECAP says rising US dollar rate in open market swaying people towards hawala and hundi
Karachi: Exchange Companies Association of Pakistan (ECAP) reported a disparity between the dollar rate on Wednesday which was Rs107.30-60 in open market...
WB mission arrives to review fiscal space and revenue collection knowledge gaps
LAHORE: A World Bank (WB) task implementation support mission is scheduled to visit Pakistan by this month’s end with agenda of producing...
WEO report: IMF says CPEC, rise in private sector lending boosting Pakistan’s economic growth
Lahore: International Monetary Fund (IMF) on Tuesday released its World Economic Outlook (WEO) report and said Pakistan’s economic prospects had shown improvement...
Pakistan’s food sector booming as foreign franchises increase their footprint
Lahore: After being attributed the crown of world’s fastest growing retail market, Pakistan's food sector is experiencing a boom with the opening...
IPR annual economy review report paints dismal picture of Pakistan’s economy
Lahore: Institute for Policy Reforms (IPR) on Tuesday published a searing report “Annual Review of the Economy 2017” stating that Pakistan’s economy...
APTMA lauds govt over revising export package
LAHORE: The All Pakistan Textile Mills Association (APTMA) management has lauded government’s efforts to revive the export sector through the introduction of the...