Exclusive: Sri Lanka’s bondholders send debt rework proposal to govt
A committee of Sri Lanka's international private creditors sent its first debt rework proposal to the country's authorities regarding over $12 billion...
Amid economic crisis, AJK govt issues tender for imported luxury carÂ
The base model of the Mercedes-Benz S.580 AMG Premium Plus Plus Executive sought by the government retails for $124,000 without duties
Gold price hits new all-time high
Gold prices reached an all-time high in Pakistan, surging past Rs215,000 per tola due to the country's declining currency value and economic...
Garments industry appeals to end audit notices for timely tax refunds
According to an article in The Express Tribune, the garments industry in Pakistan is requesting an end to audit notices and instead,...
Govt removes duties on silicone sheet imports to facilitate energy efficient appliances
ISLAMABAD:Â The government has decided to remove duties on import of silicon steel sheets which is used for manufacturing of electric fans,...
China’s eastern province to relocate industries to Pakistan
ISLAMABAD: China’s eastern province, Shandong, is set to relocate its labour-intensive industries to Pakistan to reduce production cost, as revealed in a...
Weekly inflation jumps to 42.3%
ISLAMABAD: The weekly inflation, measured by Sensitive Price Indicator (SPI), witnessed an increase of 1.37 per cent to jump to 42.27pc on...
EU energy chief tells companies not to sign new Russian LNG deals
BRUSSELS: European Union countries and companies should not sign new contracts to buy Russian liquefied natural gas, as part of the bloc’s...
Gold witnesses highest 16-month weekly close with 4.44pc gain
ISLAMABAD: Gold price witnessed its highest weekly close since November 2020 last week as geopolitical concerns centring on Russia have revived yellow...
Tarin urges PVMA to slash domestic edible oil prices
Islamabad: Federal Minister for Finance and Revenue, Shaukat Tarin, on Monday urged Pakistan Vanaspati Manufacturers Association (PVMA) to bring down prices in...
Karachi traders demand permission to open markets on Friday
All Karachi Traders Anjuman-i-Tajiran President, Ilyas Memon, demanded on Tuesday that the provincial government should permit them to open their shops on...
Stocks extend rally with 181-point gain
KARACHI: Pakistan Stock Exchange (PSX) continued to head north on Thursday, with the benchmark index managing to touch 46,000 level intraday amid...
Stocks surge 506 points on back of energy sector
KARACHI: Pakistan Stock Exchange (PSX) remained on an upward trajectory on Monday, with the benchmark index accumulating over 500 points to breach...
Stocks add 177 points in volatile session
'The market opened on a negative note but bounced back strongly in the second half, buoyed by refinery, cement and oil & gas marketing scrips'
Bears dominate PSX as benchmark index sheds over 726 points
KARACHI: The Pakistan Stock Exchange (PSX) on Thursday declined sharply, with the benchmark KSE-100 Index shedding over 800 intraday to fall below...