SBP reserves rise $139m to $12.6bn

KARACHI: The foreign exchange reserves held by the central bank increased $139.1 million or 1.12pc on a weekly basis, according to data...

PTI govt adds Rs11.3tr to public debt in two years

Pakistan's public debt has increased from Rs14.3tr in FY13 to Rs36.3tr in FY20

FBR exempts sales tax on import of sugar

ISLAMABAD: The Federal Board of Revenue (FBR) has exempted sales tax on the import of 300,000 metric tonnes of sugar to arrest...

KPITB launches govt-owned BPO facility in Peshawar

PESHAWAR: Khyber Pakhtunkhwa Information Technology Board (KPITB) on Thursday announced that it has launched KP’s first-ever government-owned Business Process Outsourcing (BPO) facility in...

Hafeez Shaikh seeks technical input from World Bank on pension reforms

ISLAMABAD: Adviser to the Prime Minister on Finance & Revenue Dr Abdul Hafeez Shaikh has requested technical input from the World Bank...

Mobile phone imports surge 89pc YoY in July

ISLAMABAD: Pakistan's import of mobile phones witnessed an increase of 89.03pc during the first month (July) of the current financial year (2020-21),...

Pakistan desires enhanced trade ties with Uzbekistan: Dawood

Uzbekistan's deputy PM will visit Pakistan next month to sign MOU on 'Pak-Uzbek Joint Working Group'

Pakistan surpasses mango export target by 45,000 tonnes despite Covid-19

PFVA chief expects additional export of 25,000 tonnes in the next 45 days

Stocks remain flat amid volatile activity

KARACHI: The Pakistan Stock Exchange (PSX) witnessed another round of volatile activity on Wednesday, with the benchmark index falling to sustain gains...

Lack of border facilities hampering Pak-Afghan trade

PESHAWAR: Pakistan is gradually losing its trade share in Afghanistan, mainly because of administrative issues related to commerce, consignment handling facilities and...

Govt recalls achievements on second birthday

ISLAMABAD: As the Pakistan Tehreek-e-Insaf (PTI) government entered into its third year, Adviser to the Prime Minister on Finance Abdul Hafeez Sheikh...

KP’s tax cuts may help revive construction industry from Covid slump

PESHAWAR: Senior officials at the Khyber Pakhtunkhwa (KP) Board of Revenue said on Monday that the provincial government has reduced taxes on...

CM Buzdar says committed to facilitating industrialists, traders

Punjab CM inaugurates One-Window Smart Service Centre at LCCI, urges other provincial chambers  to follow suit

After months of stagnation, textile exports rise 14.4pc YoY in July

Pakistan’s textile and clothing exports increased to $1.27bn in July 2020, as compared to exports worth $1.12bn in July 2019

Bears pull KSE-100 down 168 points

Repayment of GIDC throws fertiliser stocks off track