Cotton production likely to miss 2016-17 target
Domestic cotton production may decline in the 2017-18 season due to a delay in harvesting and water shortage in Sindh irrigation system.
The...
CPEC provides Pakistan with godsend to enhance agriculture exports to China: FPCCI
ISLAMABAD
Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Regional Chairman on Horticulture Exports Ahmad Jawad has said China Pakistan Economic Corridor...
KP business community expresses concern over load shedding for industrial, commercial consumers
PESHAWAR: The Sarhad Chamber of Commerce and Industry (SCCI) on Friday expressed concerns over unannounced and prolonged electricity load shedding and low...
Textile exports increase 9 percent to $13.53 billion during FY18
During June, textile sector’s exports touched $1.194 billion, declining 0.84 percent against $1.204 billion in May 2018 and decreasing 1.94 percent compared to $1.27 billion exports in June 2017
BoP announces financial results for year 2016
Lahore: A meeting of the board of directors of The Bank of Punjab (BOP) was held on March 29, 2017, to approve the audited...
Summit Bank’s clearing operations to continue: SBP
KARACHI: The State Bank of Pakistan (SBP) has taken notice of misleading rumours spreading on social media regarding the clearing operations of...
Palm oil imports up by 7.06pc to $2.039bn
ISLAMABAD: The imports of palm oil into the country witnessed an increase of 7.06 per cent during the fiscal year 2017-18 as...
India’s fuel demand hits 24-year high
India’s fuel demand hit its highest level in at least 24 years in February, data showed on Thursday, with industrial activity in...
Private sector credit touches Rs4.683 trillion during July 2017: SBP
Karachi: State Bank of Pakistan (SBP) on Tuesday released data about private sector’s outstanding credit to reach Rs4.683t from Rs3.922t in same...
Market Daily: PSX gains 163 points, closes in green post-Eid
LAHORE: As the Pakistan Stock Exchange (PSX) opened for a single session after the Eid holidays, trading remained dull. Investors preferred to...
Government to raise Rs4.375t from auction of t-bills, long-term papers
KARACHI: State Bank of Pakistan (SBP) on Friday disclosed the government intends to raise Rs4.375 trillion from banks through sale of treasury...
Branchless banking transactions fall 2.47 percent in July-Sep
KARACHI: Figures released by State Bank of Pakistan (SBP) for branchless banking transactions during July-September quarter of FY 2017-18 had fallen 1.47...
Trump poised to ratchet up trade dispute with China
Punitive import tariffs on $200 billion in Chinese goods soon
WASHINGTON: US President Donald Trump appeared poised to ratchet up his trade...
Breaking the legacy mindset of large commercial banks
While up-and-coming players tap into new segments like mobile wallets, big players seem content with their decades-old business model that revolves around taking deposits and investing in risk-free securities.
Market Daily: PSX falls another 107 points totaling 1760 since last five sessions
LAHORE: Pakistan equity markets extended the bearish trend wherein the index fell by 107 points, stretching the decline in the index to...