South Asia is one of the most dynamic regions in the world, but it is also one of the least economically integrated. Intra-regional trade accounts for just 5% of total trade, compared with 25% in the Association of Southeast Asian Nations (ASEAN). With sh
Cotton futures surged on Monday to their highest single-session gains in two weeks, lifted by a weaker dollar and end-user buying at low price levels and bucking a rout across most commodities. Still, prices remained within the same tight range they have
Jamaat-e-Islami chief Siraj Ul Haq has urged the Kisan Board Pakistan (KBP) to launch a nation-wide movement next month to save growers from corrupt mafia and assured to lead and patronise the board personally. "Sugar, cotton, rice and potato mafias have
For years, Fatima would wake up in the morning and dream of going to school but her hopes for an education were crushed. Rather than joining her two brothers in school, from the age of five Fatima would set off with her mother to work in the fields of the
A few changes were seen on the wholesale grain market on Tuesday as a result of less interest in fresh buying by leading buyers, dealers said. On the seeds side, cottonseeds oilcake with bag Sindh new low type was higher by Rs 25 to Rs 2000 and best varie
An improvement was evident in business activity on the cotton market on Tuesday in the process of trading, dealers said. The official spot rate was unchanged at Rs 5,400, dealers said. In Sindh, prices of seed cotton were at Rs 2000 and Rs 3000, in the Pu
On Monday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 3,482 million. The number of lots traded was 18.75 million. PMEX Commodity Index closed at 2,581. Major business was contributed by gold amounting to PKR 2,857 million followed by cru
Citing improvement in major macroeconomic indicators of the economy, the newly-formed Monetary Policy Committee (MPC) decided on 30th January, 2016, to keep the policy rate unchanged at 6.0 percent for the next two months. According to the Monetary Policy
In its recent report, the Institute of Policy Research, headed by Dr Hafiz Pasha, has attempted to find faults with the description of the economy given by the IMF in the backdrop of recently concluded 9th Review. As we would argue, the weak arguments and
Peshawar Electric Supply Company (PESCO) has geared up drive for the recovery of dues throughout Khyber Pakhtunkhwa. In this regard final notices have been sent to defaulter consumers for payment of their out-standing dues, in case of failure their names
On Friday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 7,295 million. The number of lots traded was 48.32 million. PMEX Commodity Index closed at 2,582. Major business was contributed by gold amounting to PKR 6,497 million followed by cru
Prices slid on the cotton market on Monday as spinners and mills showed interest in purchasing of low variety of lint, dealers said. The official spot rate dropped by Rs 50 to Rs 5,400, dealers said. In Sindh, prices of seed cotton were at Rs 2000 and Rs
The March vaida was lower on the forward cottonseeds oilcake market on Monday in the process of trading, dealers said. The March vaida closed at Rs 2052.30 and it commenced a decline of 50 paisa at Rs 2051.80 in the early hours, they said.
Most of the commodities tended lower on the wholesale grain market on Monday in the process of slow trading, dealers said. On the seeds side, Castor seeds Lasbela was down by Rs 100 to Rs 2100 and castor seeds Lakhra slid by Rs 500 to Rs 2000, cottonseeds
The government has committed to the International Monetary Fund (IMF) to ensure a cut of 40 percent in the Rs 817 billion consolidated budgeted provincial annual development plans (ADPs) for the current fiscal year restricting it to Rs500 billion.
Textile industry of the country has been in great trouble in the recent past and demanding various kinds of incentives to resolve its problems. In order to be well acquainted with its issues and put them before the government, the National Assembly Standi
With a background in leather, textile, and banking businesses, Mr. S.M. Muneer is no stranger to Pakistan's business community; nor is he to government circles. In his decades of illustrious career, Mr. Muneer holds and has held numerous positions includi
With a background in leather, textile, and banking businesses, Mr. S.M. Muneer is no stranger to Pakistan's business community; nor is he to government circles. In his decades of illustrious career, Mr. Muneer holds and has held numerous positions includi
Observing some volatility in liquidity requirements, Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) Saturday decided to keep the policy rate unchanged at 6 percent for the next two months.
Observing some volatility in liquidity requirements, Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) Saturday decided to keep the policy rate unchanged at 6 percent for the next two months.
Observing some volatility in liquidity requirements, Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) Saturday decided to keep the policy rate unchanged at 6 percent for the next two months.
Observing some volatility in liquidity requirements, Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) Saturday decided to keep the policy rate unchanged at 6 percent for the next two months.