Foreign reserves at $18,828.7mn, down 6.13pc MoM basis
LAHORE: Foreign exchange reserves held by the State Bank of Pakistan (SBP) were recorded at $12,703.7 million, down $356.9 million or -2.73 per cent on...
APTMA to protest in front of parliament on 7th July
Lahore: Industrialists under the umbrella of All Pakistan Textile Mills Association (APTMA) on Tuesday announced they would hold a protest in front...
Forex reserves maintain a healthy level, no increase in debt liability: Finance Ministry
ISLAMABAD: A Finance Ministry spokesman on Friday stated the country’s foreign exchange reserves continue to maintain a healthy level, while there was...
ADB to provide $15m concessional loan for urban development in Punjab
ISLAMABAD: Asian Development Bank (ADB) will provide Pakistan with a concessional loan worth $15 million for urban development projects in Punjab.
A signing...
LCCI chief urges Greek businessmen to enhance trade
LAHORE: Lahore Chamber of Commerce and Industry (LCCI) President Malik Tahir Javaid said on Monday that average trade around $70 million between...
Senate unanimously approves the draft Companies Bill, 2017
The Senate on Monday unanimously approved the draft Companies Bill, 2017. Earlier, on February 6, 2017, the National Assembly had passed it,...
Govt taking steps to ease tax payment mechanism: BOI
The Board of Investment (BoI) has said government's focus was on tax reforms and further steps to ease payment of tax mechanism...
Market Daily: PSX makes a comeback, KSE 100 gains 836.45 points
-- Market bounced twice from 39,500 points
LAHORE: The Pakistan Stock Exchange (PSX) took a huge turn on Wednesday and recovered the losses...
Pakistan’s dairy sector’s potential worth €20 bn: UAE ambassador
The Ambassador of United Arab Emirates H E Mr Essa Abdullah Al Basha Al Noaimi said that if developed on modern lines,...
PEW sees economic improvement despite trade deficit
ISLAMABAD: The Pakistan Economy Watch (PEW) has said that Pakistan's economic indicators, despite showing some serious concerns in the trade deficit, are...
Gulf neighbors blockade will “leave a lasting wound” says: CEO Qatar airways
Paris: The CEO of Qatar Airways said Monday that the blockade imposed on his country by Gulf neighbors “will leave a lasting...
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...
Pakistan signs 40-year deal with China for Gwadar port operation
The Minister for Ports and Shipping Mir Hasil Khan Bizenjo Thursday apprised the Senate that Pakistan has signed a 40-year agreement with...
KSE-100 falls to year’s low
LAHORE
Political turmoil continues to dampen investor’s confidence as the Pakistan Stock Exchange (PSX) came crashing down to low of the year.
The benchmark...
USF Policy Committee meeting approves annual budget worth approx Rs14bn
ISLAMABAD
Universal Services Fund Company (USF) Policy Committee meeting, Tuesday, approved the annual budget of worth approximately 14 billion of USF for the...