As trade deficit declines, export growth disappoints

Growth in imports has stalled, but the rise in exports has failed to deliver tangible results and should be a cause of concern for the government

Senate panel asks automobile companies to brief on quality standards, price ranges, tax matters

The meeting chaired by Senator Ahmed Khan on Thursday discussed the total number of vehicles sold, the amount of tax paid, details of spare parts produced locally and imported from abroad and fulfilment of corporate social responsibility role by Toyota, Honda and Suzuki motors.

China’s November export, import growth shrinks; surplus with U.S. record high

China’s trade surplus with the United States was $35.55 billion in November, a record high and compared with $31.78 billion in the preceding month

Rupee devaluation fails to spur growth in exports, touch $9.120 billion in 5MFY19

Trade deficit for July-November FY19 fell to $14.51 billion or 2.0% from $14.81 billion in the corresponding period of last year

AirSial ready for takeoff, gets go-ahead from PM Imran

Prime Minister Imran Khan on Friday granted approval for the launch of a new private airline, AirSial, from Sialkot International Airport.

Differences over devaluation surfaced in fiscal policy board meeting

Finance Minister asks SBP to develop information sharing mechanism on major decisions, meanwhile, government expects improvement in economy after January 2019

Computer services have fueled ICT exports in recent years: SBP

The central bank said the country’s informal exports were higher than its formal exports and projections by industry experts put the total size of its ICT exports at $2.5 billion

German companies keen to invest in Pakistan’s IT, auto sectors: Envoy

German giants like Volkswagen and Siemens have shown their desire to invest in Pakistan

Pakistan mulling to slap 200% regulatory duty on Indian imports: Report

Earlier this week it was reported Pakistan’s cement exporters have been directed to recall their containers which were set for India, upon the request of Indian importers after their government imposed a 200% increase in duty on several products

Pakistan remained a net loser in FTAs with Indonesia, China, Malaysia and Turkey: Dawood

Govt planning to give a comprehensive industrialisation policy, wherein, the focus will be on engineering, chemical, IT and agriculture sectors instead of the textile sector alone, said Dawood

PARC becomes ‘white elephant’?

Ministry of National Food Security and Research declines additional funds worth Rs1.32 billion for PARC

Govt mulling to introduce structural policies for boosting exports by 15% till 2023

Commerce ministry has proposed to gradually lower down the regulatory duties on tariff in order to improve the export competitiveness

The global halal trade: Is Belgium the next frontier for Pakistani exports?

A growing Muslim population and rising non-Muslim interest in halal products is a market waiting to be captured

PSMA to shut down sugar mills in upcoming season if issues not addressed

ISLAMABAD: Pakistan Sugar Mill Association (PSMA) has decided to shut down sugar mills rather than bearing a loss of Rs15 per kg on the...

Chinese envoy meets PM; says next CPEC stage to focus on investing, buying more from Pakistan

ISLAMABAD: Chinese Ambassador in Pakistan Yao Jing met Prime Minister Imran Khan on  Thursday and said the next stage of China Pakistan Economic Corridor...

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Salaried class to suffer as govt mulls reversing income tax slabs

Tax exemptions for individuals earning Rs400,000 to Rs1.2m per annum likely to be withdrawnISLAMABAD: In an effort to increase the tax revenue in line...

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