Jul-Oct LSM sector output down 2.89pc YoY ISLAMABAD: The overall output of the Large Scale Manufacturing (LSM) sector declined by 2.89 percent during the ... Published 16 Dec, 2022 05:58am
Pakistan FM Bilawal says Pakistan not ‘pursuing or receiving’ discounted Russian oil Foreign minister says Pakistan 'exploring' various options Published 15 Dec, 2022 11:36pm
Markets SBP-held foreign exchange reserves fall another $15mn, now stand at $6.7bn Reserves at their lowest level since January 2019 Published 15 Dec, 2022 07:42pm
Markets Low demand: Millat Tractors to observe non-productive days on Fridays Large Scale Manufacturing Industries (LSMI) output witnesses decline of 3.6% month-on-month in October Updated 15 Dec, 2022 05:56pm
Markets Massive selling pressure: KSE-100 plummets over 550 points Political uncertainty over schedule of general elections and US Fed Reserve's rate hike hit investors' sentiment Updated 15 Dec, 2022 05:33pm
Print Consignments stuck at ports: MoC to hold talks with SBP ISLAMABAD: Commerce Ministry has decided to hold a detailed meeting with State Bank of Pakistan (SBP) to sort issues... Updated 15 Dec, 2022 09:57am
Business & Finance Floods deteriorate FY23 economic outlook: ADB ISLAMABAD: Pakistan’s economic outlook for the fiscal year 2023 (ending June 30, 2023) has deteriorated following... Updated 15 Dec, 2022 09:55am
Business & Finance Jul-Nov workers’ remittances decline nearly 10pc YoY KARACHI: Inflows of workers’ remittances maintained a declining trend and fell 9.77 percent during the first five... Updated 15 Dec, 2022 09:59am
Print IMF wants to observe 3 more quarters, examine flood rehab plan: Dar Fund also wants that Pakistan should demonstrate how it would meet the $16 billion demand for reconstruction and rehabilitation phase of floods Updated 15 Dec, 2022 10:07am
Markets Pakistan: where formal channels suffer, and 'grey' markets prosper Pakistan’s inability to curb the rise of smuggling and enforce regulation has enabled the ‘grey’ currency market to... Updated 14 Dec, 2022 07:57pm
Markets KSE-100 ends another turbulent session on flat note The Pakistan Stock Exchange (PSX) saw a turbulent session on Wednesday, but ended flat as the benchmark KSE-100 ... Published 14 Dec, 2022 06:37pm
Pakistan Remittances continue to decline, clock in at $2.1bn in November Experts attribute lower inflow to usage of illegal channels Published 14 Dec, 2022 05:13pm
Markets Kohinoor Spinning Mills announces temporary shutdown as downturn bites Rising cost, low demand taking toll on Pakistan’s textile sector Published 14 Dec, 2022 03:42pm
Pakistan Dar admits 'huge smuggling of dollars' taking place as Pakistan's forex reserves suffer Finance minister says exports increased only marginally despite massive rupee depreciation Updated 14 Dec, 2022 06:39pm
Print ARL warns supply disruption if AGL not operationalized ISLAMABAD: M/s Attock Refinery Limited (ARL) has warned the government that oil supply to Pakistan Air Force (PAF),... Updated 14 Dec, 2022 09:48am
Print Revenue shortfall necessitates steps agreed with IMF? ISLAMABAD: Contingency tax measures as agreed with the International Monetary Fund under seventh and eighth reviews... Updated 14 Dec, 2022 09:51am
Markets Attock Refinery temporarily shuts down main distillation unit Becomes second major refinery to either shut or limit its operations in recent days Published 13 Dec, 2022 01:32pm
Pakistan IMF shareholders deeply divided over Pakistan, other countries request to suspend loan surcharges Executive board discussed surcharges it collects from mostly middle- and lower-income countries on larger loans that are not repaid quickly, but failed to agree to launch a formal review Updated 13 Dec, 2022 06:09pm
Print PM rejects default speculations with much vehemence Says government has taken much needed measures to save Pakistan from default Updated 13 Dec, 2022 09:43am
Markets KSE-100 falls 0.38% amid negative sentiment The Pakistan Stock Exchange (PSX) saw a range-bound session on Monday, and the benchmark KSE-100 Index ended with a... Published 12 Dec, 2022 06:18pm
Pakistan Facing massive economic headwinds, companies in Pakistan struggle to keep operations going Facing energy shortages and an overall decline in demand, companies in Pakistan are either announcing shutdown of... Updated 12 Dec, 2022 07:35pm
Pakistan End of FY23: JPMorgan has penciled in another 400bps rate-hike, but experts disagree Market experts disagreed with JPMorgan, a leading global financial institution that penciled in an interest rate... Published 10 Dec, 2022 04:45pm
Pakistan Ishaq Dar directs measures to stop cross-border dollar smuggling Finance minister stresses need for coordination among all necessary platforms to curb smuggling of foreign exchange and other items Updated 09 Dec, 2022 08:52pm
Business & Finance Pakistan Refinery says will shut down for 'approximately 20 days' Company carrying out 'regeneration shutdown' starting December 10 Updated 09 Dec, 2022 06:15pm
Print CARs: ADB lists barriers to trade flows ISLAMABAD: Pakistan has borders with only two CAREC members - Afghanistan and the PRC - limiting the trade flows ... Updated 09 Dec, 2022 04:18pm
Markets SBP-held foreign exchange reserves fall $784mn, now stand precariously at $6.71bn SBP attributes decline to payment of $1,000 million against maturing Pakistan International Sukuk and some other external debt repayments This is the lowest level of SBP's reserves since January 2019 Published 08 Dec, 2022 08:01pm
Markets KSE-100 falls 0.4% on back of negative triggers The Pakistan Stock Exchange (PSX) witnessed a range-bound session on Thursday and the benchmark KSE-100 Index... Updated 09 Dec, 2022 06:33pm
Business & Finance Roshan Digital Account: monthly inflow lowest since Dec 2020, clocks in at $141mn in Nov Experts say decline in RDA inflows is attributed to central bank’s decision not to revise its rates offered on the USD-denominated NPCs Published 08 Dec, 2022 05:17pm
Business & Finance IATA says Pakistan has blocked $225mn in airline funds from repatriation Airline funds blocked from repatriation in more than 27 countries and territories with Pakistan among the top markets: IATA Updated 08 Dec, 2022 04:48pm
Print Telenor may consider closing operations ISLAMABAD: M/s Telenor, a Norwegian Telecom Company, might consider closing operations in Pakistan after failure of... Updated 08 Dec, 2022 09:11am
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees
