“Boycotting imported products will elevate rupee and make Pakistan better off,” BS or not?

In response to the relentless hike in US dollar against Pakistani rupee, various campaigns online have urged Pakistani consumers to cut-off their...

Interest-free loans for meritorious students approved

The apex committee for Student Loan Scheme, having representation from State Bank of Pakistan, Finance Division and five major banks (NBP, HBL,...

Asian markets tumble on trade tensions

Asian stocks largely fell on Tuesday, reversing early gains on a bargain-hunting push by investors, as global trade tensions continued to weigh...

Industrial development imperative for economic uplift: Dawood

PM's aide says Pakistan's economic situation is not as bad as being portrayed by some quarters ISLAMABAD: Adviser to Prime Minister on Commerce...

Trump promises Britain a substantial post-Brexit trade deal as protesters gather

LONDON: Donald Trump promised Britain a substantial post-Brexit trade deal with the United States on Tuesday, quipping to outgoing Prime Minister Theresa May...

Amazon eyes expansion in Pakistan, eager to capture e-commerce market

Amazon officials have also ensured that every effort would be made to make the process of selling on Amazon easy for Pakistani nationals.

Global recession fears grow as factory activity shrinks

LONDON/HONG KONG: Factory activity contracted across Asia and Europe last month as an escalating trade war between Washington and Beijing raised fears of...

Dollar gains strength in interbank market ahead of holidays

The value of the greenback increased by Re0.75 in the interbank market and the dollar was traded at Rs148.90 ahead of Eidul...

Free remittance service for overseas Pakistanis launched

Communications and Postal Services Minister Murad Saeed on Monday announced a new initiative to facilitate Pakistanis living abroad. According to a local media...

Oil prices rebound on Saudi supply reassurances

LONDON: Oil prices rebounded from last week's heavy losses on Monday after reassurances over production from top oil exporter Saudi Arabia, the de-facto...

British Airways desires to increase destinations in Pakistan: official

ISLAMABAD: British Airways Chief Commercial Officer Andrew Brian has expressed the desire to start the airline's operations in other cities of Pakistan after...

US ban has ‘no effect’ on Huawei’s aviation business: official

SEOUL: US moves against Chinese tech titan Huawei have had "no effect" on the firm's aviation business despite several countries taking steps to...

CPI inflation up by 9.11pc in May

ISLAMABAD: The Consumer Price Index (CPI)-based inflation increased by 9.11 per cent in May 2019 as compared to the same month of last...

CDC to facilitate 600 businesses with sales tax refund payments

Businessmen urged to open a sub-account or investor account with CDC in order to receive payments through refund bonds ISLAMABAD: The Central Depository...

PSX plunges 469 points ahead of Eid

KARACHI: The Pakistan Stock Exchange (PSX) ended the only trading session of the week in the red, as indices kept shedding gains right...