Pakistan, South Korea agree to enhance trade ties
Pakistan and South Korea have agreed to enhance bilateral relations through enhanced cooperation in trade and investment sectors, a private media house...
No change in instructions on purchase of foreign currency notes by banks: SBP
ISLAMABAD: The State Bank of Pakistan (SBP) has clarified that there was no change in instructions regarding the purchase of foreign currency...
Microsoft to invest $1 billion in OpenAI
Microsoft Corp said on Monday it was investing $1 billion in San Francisco-based OpenAI and that the two had formed a multi-year...
US sanctions Chinese oil trader for violating Iran restrictions: Pompeo
WASHINGTON: The United States is placing a leading Chinese oil importer on its sanctions blacklist for trading in Iranian crude, Secretary of...
HBL, CRBC sign accord for development of Rashakai SEZ
HBL and China Road & Bridge Corporation (CRBC) recently signed a memorandum of understanding (MOU) at the HBL office in Karachi.
Under the...
Cement exports register 21.94pc growth in FY19
ISLAMABAD:Â The export of cement from the country during the financial year 2018-19 witnessed an increase of 21.94pc, as compared to the corresponding...
PFVA, ICT join hands to uplift livestock sectors in Sindh, Balochistan
ISLAMABAD:Â The All Pakistan Fruit & Vegetable Exporters, Importers & Merchants Association (PFVA) will assist the International Trade Centre (ICT), a joint technical...
FBR chief asks banks to collect details of benami accounts themselves
Federal Board of Revenue (FBR) Chairman Shabbar Zaidi has asked all banks in the country to collect details of 'benami' accounts of...
Oil outlook sours as sanctions, global tensions fail to bring out bulls
LONDON/NEW YORK: Sentiment in the oil market has shifted dramatically in recent days, with hedge funds, producers and traders all taking a...
KSE-100 closes 125 points higher amid volatile trading
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) endured a volatile trading session on Monday, as the indices kept oscillating in both directions...
Prospect of Fed cut pushing dividend investors into tech, energy
NEW YORK:Â An expected interest rate cut by the Federal Reserve later this month is pushing yield-oriented US fund managers further afield in...
Spices’ exports increase 11.77pc
Exports of spices from Pakistan witnessed an increase of 11.77 per cent during the first 11 months of the last fiscal year...
PEW calls for mechanism to analyse impact of increased taxes
ISLAMABAD:Â The Pakistan Economy Watch (PEW) on Saturday demanded the establishment of a commission to analyse the impact of increased taxes on the...
PM urged to strike preferential trade deal with US
'US should compensate to some extent the huge economic losses incurred by Pakistan post 9/11'
ISLAMABAD:Â The Islamabad Chamber of Commerce and Industry...
Services sector grows by 4.7pc in FY19: SBP
ISLAMABAD:Â The services sector of the country grew by 4.7pc during the financial year 2018-19, representing a slowdown when compared to last year,...