Footwear exports surge 13pc in 11 months
ISLAMABAD: The footwear exports from the country witnessed an increase of 13.02 per cent during the first eleven months of the fiscal...
KSE-100 sheds 325 points as IMF package fails to trigger positively
KARACHI: The Pakistan Stock Exchange (PSX) opened
positively on Thursday after the International Monetary Fund's (IMF) executive
board approved a three-year $6bn bailout plan...
IMF forced into leadership search early by Lagarde exit
WASHINGTON: The reshuffle of leadership positions in Europe now forces world finance officials into a search for a new manager for the...
Oil prices rise after US crude stockpile drop
LONDON: Oil prices rebounded on Wednesday after a steep fall in the previous session when OPEC and its allies’ decision to extend...
Chinese company mulls to invest in Islamabad IT zone
Adviser to Prime Minister on Commerce Abdul Razak Dawood on Wednesday met a Chinese delegation of investors, inviting them to explore the...
FBR initiates proceedings against undeclared benami assets
--‘Rs70bn collected through Assets Declaration Scheme’
The Federal Board of Revenue (FBR) has initiated proceedings against those who failed to declare their benami...
Sindh E&T dept lauded for achieving tax targets
KARACHI: Sindh Minister for Excise, Taxation & Narcotics Control and Parliamentary Affairs Mukesh Kumar Chawla on Wednesday lauded the Sindh Excise and...
Fertiliser prices won’t be increased, Dawood says
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Wednesday that the prices of fertiliser would not be increased...
SECP issues draft rules for collateral management companies
ISLAMABAD: With an aim to promote electronic trading and
warehouse receipt financing of agricultural commodities, the Security Exchange
Commission of Pakistan (SECP) on Wednesday...
‘IMF deal to open int’l markets for Pakistan’
ISLAMABAD: Minister of State for Revenue Muhammad Hammad Azhar said on Wednesday that the doors of the international market would open up...
Customs duty exemption on imported phones removed
ISLAMABAD: The customs duty exemption that was previously available on bringing one imported phone to Pakistan has been removed, as per the...
Stocks extend rally, KSE-100 closes 589 points higher
KARACHI: Stocks continued to rally for the third consecutive session on Thursday, as the indices followed the upward trajectory amid improved market...
HP, Dell, other tech firms plan to shift production out of China
--Microsoft, Alphabet, Amazon, Sony and Nintendo are also looking at moving some of their game console and smart speaker manufacturing out of...
US govt staff told to treat Huawei as blacklisted
WASHINGTON: A senior US official told the Commerce Department’s enforcement staff this week that China’s Huawei should still be treated as...
Inflation for June recorded at 8.89pc
Inflation for the month of June 2019 was recorded at 8.89pc, reflecting an increase of 0.36pc as opposed to May.
According to the...