KSE-100 shrugs off early losses to close in green
KARACHI:Â The Pakistan Stock Exchange (PSX) witnessed volatility on Friday, as the indices that started the day in the red zone made a...
Dollar drops to Rs160 in interbank market
The dollar on Thursday dropped Rs4.05 in the interbank market and closed the session at Rs160.
The drop comes a day after the...
Cement exports surge 25pc in 11 months
ISLAMABAD:Â The exports of cement from the country witnessed an increase of 25.97pc during the first eleven months of the ongoing fiscal year,...
Avanceon awarded multimillion-dollar contract in GCC
Avanceon has been awarded a contract for the provision of a state-of-the-art SCADA and business intelligence-based Decision Support System (DSS) to a...
Chinese envoy calls for ‘subsidising polices’ to attract investors at SEZs
ISLAMABAD: Chinese Deputy Chief of Missions Zhao Lijian on Thursday called for introducing "subsidising policies" to attract the investors at special economic...
Senate body recommends tax exemption for utility stores
ISLAMABAD:Â The Senate's Functional Committee on Problems of Less Developed Areas in its meeting on Thursday recommended that the Utility Stores Corporation (USC)...
PKR plunges to Rs164.06 against US dollar
Pakistani Rupee (PKR) continued with its declining trend on Thursday, as it depreciated by another Rs1.9 against the US Dollar (USD) in...
Fitch revises down Pakistan’s GDP growth forecast to 2.7pc for FY20
'Higher taxes will erode the purchasing power which in turn will slow down consumption growth to 5.3pc'
'Business sentiment will likely...
Exports surge 22.9pc to Rs2.86tr in 11 months
ISLAMABAD:Â Exports from Pakistan, in terms of rupees, increased by 22.92 per cent during July-May 2018-2019, compared with the corresponding period of last...
PSX closes fourth consecutive session in red
KARACHI:Â The Pakistan Stock Exchange (PSX) continued with its losing streak for the fourth consecutive session on Thursday, as the indices that opened...
Still relevant, Benazir Bhutto explains taxation loopholes in Pakistan
Pakistan's economy was currently standing at the crossroads and the government intended to address the issues through meaningful tax reforms.
As relevant as...
China urges US to lift sanctions on Huawei as Trump-Xi meeting looms
BEIJING:Â The United States should immediately remove sanctions on Chinese telecoms equipment maker Huawei, a commerce ministry spokesman said on Thursday, days before...
ECC okays up to 190pc rise in gas price
The Economic Coordination Committee (ECC) of the cabinet on Wednesday approved up to 190 per cent hike in natural gas tariff for...
Textile export fetches $12.31bn in 11 months
ISLAMABAD:Â The textile exports from the country during July-May 2018-19 were recorded at $12.31 billion as compared to the exports of $12.32 billion...
Trump says it’s ‘possible’ for deal with China’s Xi to avoid more tariffs
WASHINGTON: US President Donald Trump said on Wednesday it was "absolutely possible" he would emerge from a meeting with Chinese leader Xi...