Stocks continue to lose ground, index closes 485 points lower

KARACHI: It was just another dull start to the trading week at Pakistan Stock Exchange (PSX) where indices dropped, volumes narrowed and trading...

Import of agricultural machinery surges 8.73pc in FY19

ISLAMABAD: The import of agricultural machinery into the country during the financial year 2018-19 witnessed an increase of 8.73pc, as compared the corresponding...

China’s yuan breaks below 7 to the dollar, an 11-year low

LONDON: China let its yuan weaken below 7 to the dollar on Monday, an 11-year low, as the escalation in the US-China trade...

DOT-Mind Unlocked, mental diagnostic startup wins She Loves Tech 2019

LAHORE: The final round of She Loves Tech Pakistan 2019 took place on August 3rd at Karachi Arts Council supported by strong...

Xinjiang sees growing trade with Pakistan: Officials

URUMQI: Northwest China's Xinjiang Uygur autonomous region has seen $15.56 billion of imports and exports to member states of the Shanghai Cooperation...

Footwear exports rise by 13pc to $122.181 million

ISLAMABAD: The footwear exports from the country witnessed an increase of 13 per cent during the fiscal year 2019 compared to the...

Chinese company to create millions of opportunities for Pakistani women

ISLAMABAD: Chinese Services Company, Timeasco, would provide millions of jobs and businesses to women through different e-commerce platforms in six major cities...

Razak urges Korean companies to invest in Pakistan

ISLAMABAD: Adviser to Prime Minister Imran Khan on Commerce and Textile, Industries and Production and Investment Razak Dawood urged the South Korean...

Pak-China joint cotton research laboratory to be established under CPEC

ISLAMABAD: The Punjab Government has proposed numerous new agriculture sector development projects to be included in the China Pakistan Economic Corridor (CPEC)...

Date to avail concession on token tax extended

RAWALPINDI: The Excise and Taxation Department has extended the date to avail 10 per cent concession rate of token tax announced by...

Govt prepares draft e-commerce policy framework to promote online business

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government has prepared a draft e-commerce policy framework to pave way for holistic growth of e-commerce in...

Audit unearths corruption worth billions in NHA projects

ISLAMABAD: A special audit conducted by the Auditor General of Pakistan (AGP) has unearthed corruption worth billions of rupees in the National...

Govt six-member constitutes committee to probe benami properties

ISLAMABAD: The government has constituted a high-powered Benami Information Processing Committee ostensibly to identify and take swift action against benami asset holders, it...

Two new names emerge for BOP presidentship after SBP shoots down Talib Rizvi’s appointment

Editor's Note: An earlier version of this news item mentioned a few allegations that could not be independently verified and hence have...

Traders reject draft of fixed tax regime

APAT official terms FBR's fixed tax scheme 'a joke', says department cannot impose taxes on the basis of an outlet's 'area' LAHORE:...