UK’s credit agency increases financing limit to Pakistan

ISLAMABAD: The British government’s credit financing agency, UK Export Finance (UKEF), has increased its financing limit to £1.5 billion for UK businesses...

Pakistan, China likely to sign MoU for cooperation in ICT

ISLAMABAD: Pakistan and China may expand bilateral cooperation in the field of information and communication technology (ICT) in the near future as...

Pakistan, China sign agreement for Rashakai SEZ development

PM Imran says provision of jobs through industrialisation among his top priorities

Pakistan desirous of expanding trade ties with Ethiopia: President Alvi

ISLAMABAD: President Dr Arif Alvi has said Pakistan attaches great significance to its ties with Ethiopia and wants to expand trade and commercial...

Motorbike, three-wheeler sales up 19.6pc in July-Aug FY21

ISLAMABAD: The sale of motorbikes and three-wheelers witnessed an increase of 19.59pc during the first two months (July-August) of the current financial year...
Pakistan-Afghanistan

Traders demand removal of bottlenecks hampering Pak-Afghan trade

PESHAWAR: The Sarhad Chamber of Commerce and Industry (SCCI) has urged the government to take pragmatic steps to remove hurdles and problems...

Stocks close flat in range-bound session

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a volatile start to the week, with the benchmark index shifting sides throughout the session...

Floods destroy fish farms in Swat district

PESHAWAR: Floods in different districts of Malakand Division have swept away more than 25 established fish units, incurring huge losses to farm...

PMRC, BOP enter into Mortgage Refinance Agreement

Pakistan Mortgage Refinance Company (PMRC) and The Bank of Punjab (BOP) have joined hands to provide and promote affordable mortgage finance in...

Economy moving forward on right path: Hafeez

KARACHI: Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has said that the government has successfully repaid...

SECP responds to allegations of inadequate data protection

ISLAMABAD: Securities & Exchange Commission of Pakistan (SECP) has taken note of the baseless and unwarranted allegations that information displayed on its...

FPCCI seeks competitive energy rates for all industrial sectors 

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), opposing the Economic Coordination Committee’s (ECC) decision of raising power tariff for...

Car sales increase 8pc YoY in August

ISLAMABAD: The sale of passenger cars during the month of August 2020 increased 8.31 per cent to 9,885 units, as compared to...

Weekly inflation rises 0.37pc

ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on September 10 witnessed an increase of 0.37 per cent...

Stocks shed 116 points on selling pressure

KARACHI: Bearish trend prevailed at the Pakistan Stock Exchange (PSX) on Friday, with the indices succumbing to selling pressure despite early gains. "The...