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...

Bull run continues as stocks jump 321 points

KSE-100 had last closed negative on June 26

Stocks extend rally into eighth day

KSE-100 gains 170 points as investor participation remain upbeat

11MFY20: US remains Pakistan’s top export destination 

Exports to US, China and UK drop by 3.7pc, 9.7pc and 8.1pc, respectively

11MFY20: Pakistan’s deficit in services trade narrows 41.6pc to $2.7bn

ISLAMABAD: Owing to the coronavirus-led lockdown, Pakistan's services' exports declined by 16.72pc YoY to $389.99 million in May 2020, as against $468.27...

Stocks gain 151 points in range-bound session

KARACHI: The Pakistan Stock Exchange (PSX) moved within a narrow range on Monday, with the benchmark KSE-100 Index managing to gain some...

Textile millers fear production losses amid power outages, low gas pressure 

LAHORE: All Pakistan Textile Mills Association (APTMA)-Punjab Chairman Adil Bashir has said that frequent power outages and inadequate supply of gas were...

After three months of stagnation, cement despatches surge 30pc in June

--Domestic uptake increases 19.6pc to 3.83m tonnes in June 2020, while exports surge 123pc to 0.78m tonnes  --Overall cement consumption in FY20 inched...

Naveena Group to launch steel plant at Port Qasim

KARACHI: Naveena Group, a conglomerate dealing in textile exports, spinning, wind power and other business sectors, on Sunday announced the launch of...

D&B survey reveals majority of Pakistanis worried about Covid-19 spread

--90pc respondents express concerns over their personal finances amid pay cuts, redundancies, layoffs and business closures --87pc claim that their savings have taken...

Trade deficit contracts 27pc to 23.2bn in FY20: PBS

ISLAMABAD: Pakistan’s trade deficit narrowed by 27 per cent to $23.18 billion in the fiscal year 2019-20, as against the deficit of...

Private sector offers services for construction of 5,000 low-cost houses, 50,000 apartments

ISLAMABAD: The private sector has offered its services to the federal government for the construction of 5,000 low-cost houses as well as 50,000.  Talking...

SBP reserves surge $1.27bn to $11.23bn

--SBP received $2.05bn in official inflows last week  --Reserves calculated after taking into account external debt payments of $809m KARACHI: The net foreign exchange...

Pakistan’s exports decline 6.8pc YoY in June

Commerce ministry terms the single-digit reduction in June as a 'sign of recovery', as exports had declined 54pc and 33pc in April and May

Stocks post modest gains amid volatile activity

KSE-100 fails to capitalise on gains accumulated in early trade, closes higher by 88.77 points at 34,978.18