Services trade deficit shrinks 30pc in nine months
ISLAMABAD: The country's services trade deficit witnessed a reduction of 30pc during the first three quarters of the current financial year as...
Karachi traders seek clarity over lockdown situation
KARACHI: All Pakistan Organization of Small Traders and Cottage Industries (APSTCI)-Karachi President Mahmood Hamid has said that Sindh Chief Minister Syed Murad...
Tobacco exports surge 60pc to $28.7m
The export of tobacco from the country witnessed an increase of 60.67pc during the first three quarters of the financial year 2019-20,...
Historic collapse: Pandemic destroys 20.5m US jobs in April
WASHINGTON:Â The coronavirus lockdown wiped out 20.5 million US jobs in April, destroying nearly all the positions created in the previous decade in...
Govt to present next year’s budget on June 5
--Expenditure target for FY21 to be fixed at Rs10.4tr
--Rs600bn to be spent on development projects; Rs200bn on corona-related programmes
ISLAMABAD:Â The federal government...
Philip Morris plans to launch heated tobacco device in Pakistan
PMPKL managing director urges govt to formulate necessary legislation for distribution of such products
Oil heads for another weekly gain on demand hopes and shut-ins
LONDON: Oil prices rose on Friday and were on course for a second consecutive week of gains as more countries moved ahead...
Top US, China trade officials agree to strengthen cooperation
BEIJING: Top US and Chinese trade representatives discussed their Phase 1 trade deal on Friday with China saying they agreed to improve...
Weekly inflation up 0.36pc
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on May 7 witnessed an increase of 0.36pc, Pakistan Bureau...
Stocks end flat amid low turnover
KARACHI: The Pakistan Stock Exchange (PSX) moved in a narrow range on Friday, with the benchmark KSE-100 Index ending flat amid low...
EU to support Pakistan’s anti-corona fight with 153m euros
ISLAMABAD: Ambassador of the European Union Delegation to Pakistan Androulla Kaminara called on Prime Minister Imran Khan on Thursday and said the...
Jazz posts $2.09bn revenue for 1Q2020
ISLAMABAD: Veon, the parent company of Jazz Pakistan, has published financial results for the quarter ended 31st March 2020.
As per the financial...
SBP reserves rise $259m to $12.3bn
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $259 million to $12,329.4 million during the week...
Govt announces to exit lockdown from Saturday
ISLAMABAD:Â The government has decided to gradually lift the lockdown restrictions, imposed to contain the impact of coronavirus, from May 9 (Saturday), announced...
Govt forms special committee to streamline dairy sector
ISLAMABAD: The federal government on Thursday formed a special committee to ascertain the profit and loss situation in the country's dairy sector.
According...