Overseas Pakistani workers remit $19.3bn during 2016-17

KARACHI Overseas Pakistani workers remitted $19,304 billion in fiscal year 2016-17 down by 3.1 per cent or $610 million, compared with $19,917 billion...

Index up by about 1052pts in bullish session

LAHORE The Pakistan Stock Exchange (PSX) resurrected after initial jolts on Monday morning. Media reports stating evidence compiled by the JIT pose no...

Inbox technologies postpones plan to hold IPO

Karachi: Inbox Business Technologies Limited has decided to postpone its book-building process for its initial public offering (IPO) which was initially scheduled...

SBP passes rules for banks to become fully Shariah compliant

Karachi: State Bank of Pakistan (SBP) has issued guidelines covering how banks that want to be fully-fledged Shariah compliant can achieve that status,...

President emphasizes use of modern technology

Islamabad: The use of modern technology in China-Pakistan Economic Corridor (CPEC)-related energy projects will alleviate the energy crisis in Pakistan and play...

Rumor’s impact solar power adoption in Pakistan

Islamabad: Mohammad Aslam has finally found a way to give his family relief from extended power cuts. In February this year he...

PSX gains 643.26 points as JIT files report with SC

Karachi: Pakistan Stock Exchange (PSX) on Monday opened to the looming uncertainty surrounding the conclusion of the JIT investigation into the Prime...

PSX to be on edge today as JIT concludes its investigation today

Karachi: The pandemonium that struck the stock and money markets last Wednesday in event of the depreciation of the rupee against the...

Qatar to pursue compensation for damages from Arab blockade

Doha: Qatar’s government said Sunday it is forming a committee to pursue compensation for damages stemming from its isolation by four Arab...

PEW blames IMF for miseries of third world countries

ISLAMABAD: The Pakistan Economy Watch (PEW) on Sunday said IMF has added to the miseries of the third world and helped transfer...

Pakistan exported $1.134b worth of cotton yarn in FY 2016-17

Islamabad: Data released by the Pakistan Bureau of Statistics on Saturday revealed that cotton yarn worth US$ 1.134 billion was exported during...

Industrial sector shows consistent growth of above 5pc in three years

ISLAMABAD The industrial sector’s performance remained above 5 per cent during the last three years, indicating that growth in this particular sector, is...

Govt urged to focus on overseas employment sector

ISLAMABAD Islamabad Chamber of Small Traders on Sunday said exports continue to fall while the deficit is increasing, therefore, the government should focus...

7th round of Pak-Turkey FTA negotiations held

ISLAMABAD The seventh round of negotiations on Free Trade Agreement (FTA) between Pakistan and Turkey was held. It was considered to be a...

Pakistan’s innovative furniture has potential to dominate global market

KARACHI: Federation of Pakistan Chamber of Commerce and Industry (FPCCI) President Zubair Tufail on Saturday said Pakistan’s furniture industry has a big...