Local industry irked as tyre smuggling continues unabated
ISLAMABAD: The local tyre industry has expressed concern over a slowdown in the government's crackdown against the menace of smuggling.
The industry insiders have...
Traders willing to help govt reduce prices of edible items
ISLAMABAD: The All Pakistan Anjuman-e-Tajran (APAT) on Tuesday linked the recent hike in the price of edible items with the increase in the...
Danish envoy pledges support to renewable energy projects in Pakistan
Ambassador of Denmark to Pakistan Rolf Holmboe called on Special Assistant to Prime Minister on Petroleum Nadeem Babar on Tuesday to discuss...
Cabinet approves first-ever National Tariff Policy
--PM says economic policy paradigm is now being realigned to leverage tariffs for industrial development
--NTP will be implemented through a Tariff Policy...
KSE-100 rises 152 points in volatile session
KARACHI: The Pakistan Stock Exchanged witnessed a positive start to the trading session on Tuesday, thanks to inertia from the previous session. However,...
PM hails narrowing of current account deficit
ISLAMABAD: Prime Minister Imran Khan on Tuesday expressed satisfaction that Pakistan's economy was finally heading towards the "right direction" as economic reforms have...
SECP warns public against investing in companies offering ‘unreal’ profits
The Security and Exchange Commission of Pakistan has issued a warning to the general public regarding investing in fake investment companies and...
Huawei plays down impact of new US licence extension
WASHINGTON: Huawei Technologies has dismissed a new 90-day extension by the Trump administration allowing US firms to continue doing business with the...
Kashmir shutdown caused losses of more than $1bn, trade body says
SRINAGAR: Economic losses in Kashmir have run well over a billion dollars since India revoked its autonomy and statehood in August, the...
Airlift to introduce battery powered buses in Pakistan
ISLAMABAD: Airlift, a ride-hailing app service for mass transport, on Tuesday signed a memorandum of understanding (MoU) with the federal government to...
Arif Habib Corp increases its shareholding in ORIX Leasing to 12%
KARACHI: Arif Habib Corporation Limited (AHCL) has, in pursuance of 110(3) of the Securities Act, 2015, acquired further 7,880,522 voting shares of...
Economy showing signs of improvement: SBP governor
KARACHI: State Bank of Pakistan (SBP) Governor Reza Baqir on Monday said the economy has begun to show signs of improvement, adding...
Senate committee asks Radio Pakistan management to furnish business plan
ISLAMABAD: Senate Standing Committee on Information and Broadcasting on Monday asked Radio Pakistan’s management to furnish a business plan for the uplift of...
Current account into surplus for first time in four years
KARACHI: Current account balance posted a $99 million surplus in October, up from a $284 million deficit in the previous month of...
Pak-China FTA to increase exports by $500mn in first year: Dawood
LAHORE: Prime Minister’s Advisor for Commerce and Investment Abdul Razak Dawood said on Monday that the Free Trade Agreement (FTA) with China...