Trade deficit shrinks 26pc in 3QFY20

ISLAMABAD: The country’s trade deficit witnessed a significant reduction in the first three quarters of the current financial year (FY20), as it...

Export potential of Pakistani mango pulp stands at $500m in world market

LAHORE: The fruit pulp industry has urged the government to encourage the mango growers and exporters to go for conversion of mango fruit...

FBR sanctions Rs 56b refund claims via Faster system

ISLAMABAD: The Federal Board of Revenue (FBR) has released the information about refund claims sanctioned through FASTER (Fully Automated Sales Tax e-Refund)...

Garment exporter Bangladesh faces $6b hit as world retailers cancel orders

DHAKA: Bangladesh, the second-largest apparel producer after China, is set to lose roughly $6 billion in export revenue this financial year amid...

Govt refuses to pay for bad currency bets made by textile exporters 

Adviser to Prime Minister on Commerce Abdul Razak Dawood on Wednesday made it clear that the government would not compensate losses of...

Exporters demand bailout as currency bets go wrong

LAHORE: The leading 26 textile exporters of Pakistan have demanded the government to intervene by giving them the option to make their...
KEPZ

Exporters ask govt to allow production at KEPZ

ISLAMABAD: Exporters have sought the federal government’s intervention in allowing production activities at the Karachi Export Processing Zone (KEPZ). Exporters as well as...

Textile industry wants special permission to keep factories open

LAHORE: Textile exporters have appealed to Prime Minister Imran Khan to consider exports on a par with essential services amid the coronavirus...
Hammad Azhar

Hammad perturbed over declining imports and exports amid virus crisis

ISLAMABAD: Federal Minister for Economic Affairs Hammad Azhar Friday voiced concern over declining imports and exports of the country in the aftermath...
Karachi port

Importers seek PM’s intervention in restoring supply chain at Karachi port

KARACHI: Pakistan Chemical & Dyes Merchants Association Chairman Amin Yousuf Balgamwala on Thursday appealed to the Prime Minister to help withdraw port,...
Peepal Mandi-Peshawar

Covid-19: KP’s largest wholesale market faces closure

PESHAWAR: Peepal Mandi, the largest wholesale market in Khyber Pakhtunkhwa, is giving a deserted look these days owing to the impact of...

SBP records 4pc decline in food imports

ISLAMABAD: The import of food products into the country decreased by 3.92 per cent during the first eight months of the current...

APTMA urges govt to defer gas, electricity bills during lockdown period

LAHORE: The All Pakistan Textile Mills Association (APTMA) on Wednesday urged the Sui Northern Gas Pipelines Limited (SNGPL), power distribution companies (DISCOs) and...

SBP relaxes import rules for medical supplies

KARACHI: The State Bank of Pakistan has relaxed import regulations on medical equipment in order to help the country fight the COVID-19...

Calls grow for govt to invoke force majeure in LNG deal with Qatar

ISLAMABAD: Amid slow demand for costly liquefied natural gas (LNG) deal due to lockdown in the country in the wake of fast...