FPCCI urges proper implementation of FTA with Iran

KARACHI The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) officials here suggested that the implementation of Free Trade Agreement (FTA) with...

SBP keeps monetary policy unchanged at 5.75pc for next two months

Karachi: The State Bank of Pakistan (SBP) kept the policy rate unchanged at 5.75 per cent following a considerable strong growth momentum...

Combined import bill of food, machinery and oil rose by 29pc during FY 2016-17

Islamabad: According to data released by Pakistan Bureau of Statistics on Friday, the combined import bill of machinery, food and oil for...

SBP fails to meet probe deadline into cause of rupee depreciation

Karachi : The stipulated date for completing its inquiry into the reasons for the fall of the PKR on July 5th has...

OGDCL pondering acquisition of exploration & production company abroad

Karachi: Oil and Gas Development Company (OGDC) is pondering on acquiring an exploration and production company in Africa or the Middle East...

US to withhold $50m of coalition support fund to Pakistan

Washington: The United States will withhold $50 million remaining in military reimbursements to Pakistan for fiscal year 2016 because Defense Secretary Jim...

Exports remained flat during FY 2016-17: SBP report

Islamabad: The State Bank of Pakistan on Friday outed data relating to export destination wise receipts for financial year 2016-17, which gave...

Sea food exports rise 21.35pc during FY 2016-17

Islamabad: Sea food exports from Pakistan during 12 months of previous financial year (2016-17) increased by 21.35 percent as compared to exports...

Business community expresses concerns over record borrowing

ISLAMABAD Pakistan Businessmen and Intellectuals Forum (PBIF) president, All Karachi Industrial Alliance (AKIA) president, the businessmen panel of FPCCI and Former Provincial Minister...

Iqbal asks FBR officials to facilitate Chinese investments

ISLAMABAD Minister for Planning Ahsan Iqbal has asked the Federal Board of Revenue (FBR) to urgently finalise its plans for modernising documentation systems,...

EU provides €60mn for reducing stunting, malnutrition in Sindh

ISLAMABAD Pakistan and the European Union on Friday signed the financing agreement on improved nutrition in Sindh worth €60 million, which will help...

Daily market report: KSE-100 ends week positive

LAHORE The index, after a weak first session where it dropped 511.57 points, bounced back in the second. It jumped 322.29 points to...

Petroleum ministry to undertake Rs190m coal exploration projects in Balochistan

Islamabad:  Ministry of Petroleum and Natural Resources would execute two new projects worth Rs 190 million for coal exploration and evaluation in different...

US exports to Pakistan stood at $2.1b during 2016

Faisalabad: In a business community meeting held at the Faisalabad Chamber of Commerce and Industry (FCCI) on Thursday, Commercial Counsellor of the...

Pakistan should strengthen business ties with Denmark: Envoy

Islamabad: Ambassador-designate of Pakistan to Denmark Syed Zulfiqar Gardezi visited Islamabad Chamber of Commerce and Industry (ICCI) on Thursday and shared his...