Govt to set up markets along Afghanistan, Iran borders
PESHAWAR: The federal government has decided to set up border markets at Iran and Afghanistan borders to boost bilateral trade and provide...
11MFY20: US remains Pakistan’s top export destination
Exports to US, China and UK drop by 3.7pc, 9.7pc and 8.1pc, respectively
EOBI pensioners to get Rs2.4bn in arrears by next month
ISLAMABAD: The Employees’ Old-Age Benefits Institution (EOBI) Chairman Azhar Hameed on Monday said that EOBI would pay three-month of arrears amounting to...
Cabinet approves appointment of Rahat Kaunain as CCP chairperson
Rahat Kaunain previously served as CCP chairperson from 2010 till 2013, a time when Abdul Hafeez Shaikh was the finance minister
Oil slips as US virus spike stokes demand worries
LONDON: Oil prices edged lower on Tuesday amid concerns that a surge in new coronavirus cases, especially in the United States, will...
Pakistan’s tree-planting push has a sweetener: more honey
CHANGA MANGA: When authorities started planting millions of trees in eastern Pakistan’s Changa Manga Forest five years ago, the idea was to...
South Korea’s Eximbank mulls $76m financing for Pakistan’s large-scale IT project
Export-Import Bank of Korea also plans to delay debt repayment of seven loans extended to Pakistan that face maturity this year
PSDP 2019-20: Govt’s development expenditure remains Rs56bn short of allocations
ISLAMABAD: The federal government authorised the release of Rs644.7 billion for various ongoing and new social sector uplift projects under its Public...
Cotton exports fall 9.93pc in eleven months
ISLAMABAD: Raw cotton exports from the country during the first 11 months of FY20 registered a decrease of 9.93 per cent compared...
UAE banks can withstand shocks of any size: central bank
DUBAI: The United Arab Emirates Central Bank said on Tuesday the country’s banking sector can withstand any scale of shock as banks...
Gold price rises Rs1,000 to Rs105,900 per tola
ISLAMABAD: The price of 24-karat gold increased by Rs1,000 on Tuesday and was traded at Rs105,900, as against Rs104,900 the previous day,...
Govt okays two more projects under public-private partnership
After Sukkur-Hyderabad Motorway, govt decides to construct Karachi-Quetta Road and Mianwali-Muzaffargarh Road on PPP mode
Daraz.pk’s online orders increase by nine times since March
Daraz.pk, Pakistan’s largest online marketplace, said on Sunday that its e-commerce and digital sales registered a huge increase during the Covid-19 pandemic...
PSX, MUFAP appreciate ‘long overdue’ capital market reforms, urge govt to do more
KARACHI: In a joint statement released on Monday, the Pakistan Stock Exchange (PSX) and the Mutual Funds Association of Pakistan (MUFAP) appreciated...
11MFY20: Pakistan’s deficit in services trade narrows 41.6pc to $2.7bn
ISLAMABAD: Owing to the coronavirus-led lockdown, Pakistan's services' exports declined by 16.72pc YoY to $389.99 million in May 2020, as against $468.27...