KP CM breaks ground for 257-acre Jalozai Economic Zone

'With expected private sector investment of Rs8bn, the CPEC project will ensure the provision of around 50,000 direct and indirect jobs'

KSE-100 maintains upward trend with 126-point gain

KARACHI: The Pakistan Stock Exchange (PSX) rallied for yet another session on Tuesday, with the benchmark KSE-100 closing in on the 37,000-mark amid...

Stocks accumulate 428 points as PSX rally enters 12th day

Overall market volumes rise 60pc to 468.9 million, which is the highest level of participation recorded so far in 2020

Workers’ remittances surge 50.7pc to $2.46bn in June

--On a cumulative basis, remittances increased 6.4pc to $23.1bn in FY20, as compared to $21.7bn in FY19 --SBP attributes the 'record' jump in...

Covid-19: Virus wary buyers switch to online platforms to buy sacrificial animals

LAHORE: Due to the ongoing Covid-19 pandemic and the government imposed lockdowns, people in the provincial capital of Punjab have moved away...

Govt waives over Rs600m penal surcharges against importers

ISLAMABAD: In a bid to provide relief to importers, the federal government has granted a waiver of penal surcharge worth approximately over...

Trade bodies join hands against govt’s economic policies

LAHORE: Pakistan's major trade organizations have joined hands against the governments' economic policies, with the Qaumi Tajir Ittehad (QTI) announcing its full...

Pakistan reiterates commitment to early completion of FATF action plan 

Hafeez Shaikh urges UN panel to observe how multinational companies are devising sophisticated financial models that enable them to manoeuvre their way through tax systems and shift their profits to low tax jurisdictions

Weekly inflation rises 0.98pc

ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on July 9 witnessed an increase of 0.98pc as compared...

Cement scrips help KSE-100 close in green

KARACHI: Trading at the Pakistan Stock Exchange (PSX) remained range-bound on Friday, with the indices oscillating in both directions before settling in...

PSX sustains bullish momentum amid soaring volumes

KSE-100 accumulates 447 points to cross 36,000-barrier; volumes surge to levels last seen on 5th Dec 2019 

Moot identifies bottlenecks hampering Pak-Afghan trade

--Traders fear bilateral trade will fall below $1bn if complicated regulations, strict policies and cumbersome goods' clearing processes are not sorted --Islamabad and...

Rupee depreciated by 22pc in real terms since 2017, close to fair value, says IIF

Pakistan’s underlying current account is in small surplus courtesy being helped along by the positive depreciation efforts, says the IIF

Imran calls for combined strategy to help labourers during pandemic

PM addresses ILO Global Summit, says many countries, including Pakistan, depend upon remittances sent by overseas workers

China to provide $4m equipment for vocational training institutes

ISLAMABAD: China will provide training equipment worth $4 million for vocational training institutes and schools across Pakistan through the National Vocational and...