Govt urged to facilitate gemstone sector

Owing to the non-availability of a safe and guaranteed space, investors hesitate to invest in this sector ISLAMABAD: All Pakistan Commercial Exporters Association...

‘Rs51bn recovered from power sector in four months’

ISLAMABAD: Power Division Minister Omer Ayub Khan said on Tuesday that recovery in the power sector has witnessed an overall increase of Rs51...

Oil hits highest since November as US tightens Iran sanctions

LONDON: Oil prices hit their highest since November on Tuesday after Washington announced the end of all waivers on imports of sanctions-hit Iranian...

Cement exports rise 33pc in nine months

The country's merchandise trade deficit plunged by 13.02pc during July-March 2018-19 ISLAMABAD: The exports of cement from the country witnessed an increase of...

FTA with China to help boost Pakistan’s textile exports: Dawood

'Pakistan will avail duty-free market share from China, equivalent to the share enjoyed by the Association of East Asian Nations' ISLAMABAD: Adviser to...

PSX continues to bleed, sheds 497 points

KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed another turbulent session on Tuesday, as indices continued to bleed all day long. Foreign...

Twitter reports surprise quarterly user growth, revenue beats

NEW YORK: Twitter Inc on Tuesday posted better-than-expected first-quarter revenue and a surprise rise in the number of monthly active users, a...

US sanctions over Iran oil will ‘intensify Mideast turmoil’: China

BEIJING: China warned on Tuesday that the US decision to impose sanctions on buyers of Iranian oil will "intensify turmoil" in the...

Proposed amnesty scheme to allow liquidation of foreign assets

ISLAMABAD: Foreign assets can be liquidated and repatriated to Pakistan if they are deposited into a bank account or invested in Pakistan Banao...

PM Imran seeks stronger trade ties with Iran

TEHRAN: Prime Minister Imran Khan said on Monday that it was time for both Pakistan and Iran to chalk out ways to enhance...

PSO posts Rs5.9bn profit after tax in nine months FY19

Pakistan State Oil (PSO), the leading oil marketing company of Pakistan, recently convened its board of management (BoM) meeting to review the...

Dr Hafeez Shaikh ‘ineligible’ to chair NFC meeting, present next budget

Under the constitution, only a minister can head a constitutional body or present the fiscal budget in the assembly ISLAMABAD: Since the government...

Govt, ITFC sign $551m loan agreement for import of oil, LNG

ISLAMABAD: Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Shaikh witnessed the signing of a loan agreement...

POL production falls 5.5pc in eight months FY19

ISLAMABAD: The overall production of petroleum commodities witnessed a decline of 5.5 per cent during the first eight months of the current fiscal...

China to offer 90pc market access to Pakistani exporters: envoy

'In return, China only seeks 60pc market share in Pakistan' ISLAMABAD: Chinese Ambassador Yao Jing said on Monday that China is ready to...