IT export remittances surge by 23.71pc

ISLAMABAD: The Information Telecommuni-cation (IT) and IT enabled Services (ITeS) export remittances comprising computer services and call center services surged by 23.71...

Experts believe Dollar may further weaken against Rupee

KARACHI: A crackdown on illegal money exchanges during the last few months and a smooth supply to the Exchange Companies from the...

TEXPO attracts $600mn export orders

LAHORE: Pakistan's biggest textile exhibition at the government level, TEXPO-2019, has attracted $600 million trade through export orders by foreign buyers, claimed...

Stocks continue to bleed as KSE-100 drops 723 points

KARACHI: The Pakistan Stock Exchange (PSX) bled for yet another session, as the indices again recorded a fresh 52-week low on Wednesday,...

To curb under-invoicing of imports, Pakistan-China to start digital trade data exchange

KARACHI: To address under-invoicing of imports, Pakistan and China have reached an agreement to initiate digital exchange of trade data from April...

Indonesia formally grants immediate market access for 20 Pakistani products

ISLAMABAD: Indonesia has issued a formal notification for the correction of Indonesia-Pakistan Preferential Trade Agreement (IP-PTA) by offering immediate market access for 20...

Pakistan exported record 370,000 tons of Kinnow in 2017-18

ISLAMABAD: Despite the unfavourable circumstances and various obstacles, Pakistan has exported a record 370,000 metric tons of Kinnow this year making it...

Gwadar SEZ to be declared tax-free zone

ISLAMABAD: The Balochistan government is working on a plan to declare the Gwadar Special Economic Zone (SEZ) as a tax-free zone under...

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...

Al-Futtaim Group to invest $230m in Pakistan’s automobile sector

-- Technology-oriented cars of Al Futtaim-Renault are expected to hit the roads in 2020 ISLAMABAD: Al-Futtaim Group, a large conglomerate operating in the United Arab...

FIA, customs fail to take action against websites selling non-custom paid vehicles

ISLAMABAD: Social media websites have become a hub of sale and purchase of non-custom paid vehicles smuggled through the Afghanistan border. The...

Sale of refrigerators, deep freezers up by 15 to 20pc  

KARACHI: The sale of Refrigerators and Deep Freezers have gone up by approximately 15-20 per cent on the eve of this Eidul...

Enhanced Indian duties hampering Pakistani exports, NA told

ISLAMABAD: Parliamentary Secretary for Commerce Shandana Gulzar Khan on Wednesday informed the National Assembly that Pakistan's exports to India had shrunk significantly following...

PSX warns against short selling, brokers dismayed

The official added that without this speculative activity, the prices would improve and the index would start moving upwards.

Pakistan listed among top 3 beneficiaries likely to gain in import substitution from US-China trade war: Report

In case, if the trade war continues between the US and China, Pakistan would be the least likely beneficiary of production relocation of industrial units from China