Forget policy rate cut: is a hike likely?
As most research houses predict an unchanged interest rate, few individuals see a possible hike
Pakistan imports 24,300 tonnes of cotton yarn in six months
Govt urged to help farmers increase cotton production area and per-acre yieldÂ
Premature to speculate on FATF decision, says minister
Economic Affairs Minister Hammad Azhar, who led the Pakistani delegation during the three-day talks with the Financial Action Task Force (FATF) in...
New US curb on Huawei in limbo amid pushback from Pentagon
WASHINGTON: The US Commerce Department has withdrawn a rule aimed at further reducing sales to China’s Huawei Technologies amid concerns from the...
Garment exports surge 12.8pc in 1HFY20
ISLAMABAD:Â The export of readymade garments during the first half of the current financial year witnessed an increase of 12.08pc as compared to...
Weekly inflation drops 0.4pc
ISLAMABAD:Â The Sensitive Price Indicator (SPI)-based weekly inflation (as on January 23) for the combined consumption group decreased by 0.40pc as compared to...
Oil drops more than 2% on China virus fears
NEW YORK: Crude prices fell more than two percent on Friday, heading toward $60 a barrel and a steep weekly decline over...
Agreement to develop Rashakai economic zone signed
ISLAMABAD:Â A Chinese company has agreed to undertake development work at Rashakai Special Economic Zone (SEZ), Gwadar Pro App reported.
In this regard, China...
PRA registers over 15,000 businesses under STS
LAHORE:Â The registration of new businesses in Punjab under the Sales Tax on Services (STS) regime has posted a sharp increase during the...
PIA no longer a defaulter
KARACHI: The Pakistan Stock Exchange (PSX) on Friday announced that it has removed Pakistan International Airline (PIA) from its defaulters' segment.
The national...
Oil falls below $61, heads for weekly loss on China virus concerns
LONDON:Â Oil extended losses on Friday to trade below $61 a barrel, heading for a weekly decline as concern that the coronavirus in...
Summary advocating uniform gas tariff for zero-rated industry postponed
LAHORE:Â Even after the introduction of regionally competitive gas price at $6.5/mmbtu (Rs1,000/mmbtu), the textile millers of Punjab are facing serious competitiveness issues...
MoC to hold Pak-Africa trade conference in Kenya
The two-day event, which will host dignitaries from 20 African countries, will commence from Jan 30 in Nairobi
PBC denounces govt’s ‘knee-jerk U-turns’ on economic policy
KARACHI:Â The Pakistan Business Council (PBC) issued a strongly worded statement denouncing the government's stance on surcharges and taxes, and dubbing its current...
Stocks gain 126 points in volatile session
KARACHI: Pakistan Stock Exchange (PSX) witnessed another volatile trading session on Friday, with the indices shifting sides before settling in the green....