SBP to announce monetary policy on 21st
KARACHI: The Monetary Policy Committee of the State Bank of Pakistan (SBP) will meet on September 21 to announce the country's policy rate...
Oil jumps above $41 as storm hits US output, inventories drop
LONDON: Oil prices rose for a second day on Wednesday, gaining more than 2pc, as a hurricane closed US offshore production and...
Businessman Forum retains grip on Sarhad chamber
PESHAWAR: Eleven members affiliated with Businessman Forum running for the Sarhad Chamber of Commerce and Industry (SCCI) executive committee elections for 2020-21...
Pakistan’s tobacco exports surge 137pc YoY in July
ISLAMABAD: Pakistan’s tobacco exports have increased by 137.53 per cent to $2.171 million in July, the first month of fiscal year (FY)...
Stocks turn red over Senate’s rejection of FATF bill
KARACHI: The Pakistan Stock Exchange (PSX) witnessed another jittery session on Wednesday, with the benchmark index succumbing to selling pressure and closing...
Govt succeeds in getting FATF-related bills passed through parliament
House votes amidst ruckus; Opp stages walkout
Govt urged to set up chemical ministry for rapid industrial development
LAHORE: Pakistan Chemical Manufacturers Association (PCMA) Chairman Abrar Ahmad on Wednesday urged the government to set up a chemical ministry for the...
Steel prices to keep rising on industrial rebound; margins soft
LONDON: Steel prices are set to keep rising in coming months as economies recover and demand picks up after being hit by...
TCP evaluating bids to buy 170,000 tonnes of wheat
HAMBURG: The lowest price offered in the international tender from the Trading Corporation of Pakistan (TCP) to buy about 170,000 tonnes of...
Rupee weakens against dollar in interbank market
The exchange rate of Pakistani rupee weakened against the dollar at Rs166.26 in the inter-bank market on Tuesday compared with Monday’s close...
ECC allows amendment in import of customs duty free cars
ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet here on Wednesday allowed an amendment in the import of...
WTO finds Washington broke trade rules by putting tariffs on China; ruling angers US
GENEVA/BRUSSELS: The World Trade Organisation (WTA) found on Tuesday that the United States breached global trading rules by imposing multibillion-dollar tariffs in...
FPCCI demands concrete steps for development of KP, tribal districts
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Tuesday demanded concrete steps to develop Khyber Pakhtunkhwa (KP) and...
Karachi restaurants suspend delivery through Foodpanda
KARACHI: Citing "unfair practices" as reasons, the All Pakistan Restaurant Association (APRA) has announced suspension of business with mobile food delivery marketplace...
Pak-Afghan business community to hold joint industrial exhibition
PESHAWAR: The trade associations of Afghanistan and Pakistan have decided to hold a joint industrial exhibition in Peshawar in December this year...