Special foreign currency accounts: SBP allows IT exporters to retain 35pc of proceeds KARACHI: In order to encourage IT companies and freelancers to bring their foreign exchange earnings into the... Updated 14 Jan, 2023 04:29pm
Business & Finance APTMA bemoans raw material shortages KARACHI: The country’s largest export-oriented textile industry is facing a severe crisis of raw material and the... Updated 14 Jan, 2023 08:41am
Print Mills to get quotas for sugar export on basis of installed capacity ISLAMABAD: The government is to allocate sugar quota to mills for exports on the basis of their installed capacity... Updated 13 Jan, 2023 08:49am
Print Crisis of shortage of raw material in industries intensifies KARACHI: The crisis of shortage of raw materials has further intensified in industries across the country due to... Updated 13 Jan, 2023 08:51am
Business & Finance PHMA calls for PM’s intervention over SBP’s restrictions LAHORE: Pakistan Hosiery Manufacturers & Exporters Association (PHMA) has lamented that the import restriction ... Published 13 Jan, 2023 06:05am
Print NA body approves ‘Imports and Exports (Control) Amendment Bill, 2022’ The Import and Export (Control) Act, 1950 is the primary legal instrument which provides the legal basis for the conduct of international trade of Pakistan Updated 11 Jan, 2023 09:01am
Opinion Faltering exports The textile exports are faltering since July 2022. They have been growing rapidly for the previous two years, but we... Updated 10 Jan, 2023 06:51am
Opinion Pakistan’s deepening crisis Pakistan’s crisis is deepening by the day. First and foremost, it’s the economy stupid! Pakistan has throughout its... Updated 10 Jan, 2023 06:47am
Print Govt criticised for allowing import of luxury cars KARACHI: The value-added textile exporters on Monday slammed the coalition government of Pakistan Democratic... Updated 10 Jan, 2023 09:06am
Business & Finance MCCI hails TDAP for exploring new global markets MULTAN: Director General of Trade Development Authority of Pakistan (TDAP), Punjab, Rana Shehzad Ahmad said that ... Published 09 Jan, 2023 06:36am
Business & Finance Economy is in dire straits, warns BMP LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP) has warned that... Updated 09 Jan, 2023 06:21am
Business & Finance In view of problems it faces, garment industry may close down: PRGMEA LAHORE: The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has warned that in the face... Published 06 Jan, 2023 07:30am
Print ST collected from consumers: Businesspeople urged to deposit entire amount in exchequer ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Thursday, urged upon the business... Updated 06 Jan, 2023 09:03am
Opinion Pakistan: a state and its citizens in state of denial – II History cannot be undone; however, the complacency that crept in can somehow be brought to the surface. Given the... Updated 05 Jan, 2023 06:32am
Print Jul-Dec trade deficit declines 32.65pc to $17.13bn YoY The exports during July-December (2022-23) were recorded at $14.249 billion Updated 04 Jan, 2023 09:11am
Print ‘White Paper’ unveiled: Tarin says raising the alarm about economic meltdown LAHORE: Former federal finance minister Shaukat Tarin on Tuesday predicted that the country’s economic growth will... Updated 04 Jan, 2023 09:56am
Editorials Analysing the inflationary spiral EDITORIAL: December 2022 headline inflation (Consumer Price Index) rose by 24.5 percent as per the Pakistan Bureau ... Published 04 Jan, 2023 06:02am
Opinion All is far from well The state of the economy today should be a source of serious concern to the eleven-party coalition government in... Published 02 Jan, 2023 05:54am
Business & Finance Footwear industry can increase exports to $5bn by 2027: PFMA LAHORE: Pakistan’s footwear industry is in a position to increase its exports to $5 billion by 2027, said Pakistan... Published 02 Jan, 2023 05:54am
Opinion Sustaining exports –decarbonization Pakistan’s exports-based economy is heavily reliant upon its textile sector. More than 60% of the country’s... Published 01 Jan, 2023 03:14am
Print FBR notifies PSW Evidence of Identity Rules, 2022 ISLAMABAD: The Federal Board of Revenue (FBR) has directed all persons engaged in cross-border trade transactions to... Updated 31 Dec, 2022 08:33am
Opinion 2023: year of non-neoliberal, non-austerity, counter-cyclical reform policy Agreed, Pakistan’s credit default swap (CDS) risk has increased substantially during the current year, that it has... Updated 30 Dec, 2022 06:28am
Business & Finance FCCI chief calls for upgrading foundry sector in line with new technologies FAISALABAD: “Foundry is the mother of all industries and we must upgrade it in line with the new global... Published 30 Dec, 2022 05:50am
Business & Finance FBR sets up 6 new Model Customs Collectorates ISLAMABAD: The Federal Board of Revenue (FBR) has created six new Model Customs Collectorates to increase... Published 29 Dec, 2022 05:59am
Pakistan Instability, ‘pause’ in IMF programme deepening economic crisis: BMP LAHORE: As the central bank has lowered its projected GDP growth from the previously announced range of 3-4 percent... Published 26 Dec, 2022 05:48am
Business & Finance Israel exports to reach record of more than $160 billion in 2022 JERUSALEM: Israel’s exports are expected to have risen more than 10% to a record level of at least $160 billion in... Published 25 Dec, 2022 08:54pm
Print IT exports: PM voices dissatisfaction ISLAMABAD: Prime Minister Shehbaz Sharif has been informed that the Federal Board of Revenue (FBR) has established... Updated 24 Dec, 2022 10:02am
Markets APTMA says textile exports may fall below $1bn a month from Jan 2023 In letter addressed to PM Shehbaz, association says sector operating at capacity utilisation of less than 50% Updated 23 Dec, 2022 07:42pm
Markets Pakistan’s REER index falls to 98.8 in November Pakistan’s Real Effective Exchange Rate (REER) saw a significant decrease in November, as it clocked in at 98.8... Published 21 Dec, 2022 04:48pm
Business & Finance July-Nov services sector deficit falls over 50pc to $865m YoY KARACHI: Services sector is presenting an improved picture with some 50 percent decline in the trade deficit during... Updated 21 Dec, 2022 10:14am