Business & Finance PAMA, PAAPAM apprise SBP governor about problems facing the auto industry KARACHI: The Pakistan Automotive Manufacturers (PAMA) and the Pakistan Association of Automotive Parts and... Published 03 Feb, 2023 06:17am
Markets Highly critical: SBP-held foreign exchange reserves plunge $592mn, now stand at mere $3.09bn Reserves fall due to external debt repayments, says central bank Updated 02 Feb, 2023 08:28pm
Markets Pakistan’s textile exports significantly decline in January: APTMA Pakistan’s textile sector exports witnessed a significant decline of 12.4%, clocking in at $1.36 billion in January... Updated 02 Feb, 2023 06:50pm
Business & Finance PKR slide likely to fuel inflation in a big way ISLAMABAD: The depreciation of Pak rupee by 13.5 percent by Friday in the interbank rate will raise inflation to 35... Updated 30 Jan, 2023 09:26am
Business & Finance KATI chairman concerned at rupee slide KARACHI: President of Korangi Association of Trade and Industry (KATI) Faraz-ur-Rehman expressed his concern over... Published 28 Jan, 2023 06:20am
Print Signing of deal in March: Refineries to get Russian oil by April-end Russian and Pakistani companies would sign agreements on spot purchase and long-term LNG contracts under the energy security plan Updated 27 Jan, 2023 09:02am
Markets Alarm bells: SBP-held foreign exchange reserves plunge $923mn, now stand at mere $3.7bn Liquid foreign reserves held by the country now stand at $9.5bn Updated 26 Jan, 2023 08:35pm
Print ECs lift cap on dollar rate KARACHI: The Exchange Companies Association of Pakistan (ECAP) has announced removal of price cap on exchange rate... Updated 25 Jan, 2023 08:51am
Print Cabinet for strategy to avert recurrence of power outages ISLAMABAD: The federal cabinet has ordered preparation of a comprehensive strategy to prevent significant ... Updated 25 Jan, 2023 08:54am
Print Consignments stuck at ports: Banks told to give one-time facilitation to importers KARACHI: In order to clear the stuck consignments at ports, the State Bank of Pakistan (SBP) has advised banks to... Updated 24 Jan, 2023 08:59am
Business & Finance Business community to mount protests against govt policies today: BMP chief LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s former president Mian Anjum Nisar has ... Published 23 Jan, 2023 06:54am
Print Wapda may delay issuance of 2nd $500m Eurobond Wapda was expecting to issue it by the middle of last year Updated 21 Jan, 2023 03:30pm
Opinion Wheat crisis Agrarian economy of Pakistan employs a large workforce and considered vital from a social, livelihood and foreign... Published 20 Jan, 2023 06:35am
Business & Finance Decline in seafood exports: Exporters blame foreign nations’ curbs on Pakistani products KARACHI: Exporters on Thursday blamed the continuing restrictions on the country’s fisheries products by different... Published 20 Jan, 2023 06:10am
Print Forex: industry makes prudent move ISLAMABAD: The country’s struggling industry has sought government’s nod to use foreign exchange (dollars)... Updated 19 Jan, 2023 08:40am
Business & Finance Drug manufacturers seek urgent steps for raw material import KARACHI: The Pakistan Pharmaceutical Manufacturers’ Association (PPMA) has earnestly appealed to the government to... Published 19 Jan, 2023 05:58am
Perspectives Summing up one of Pakistan's worst economic crisis Pakistan’s economy is currently passing through one of its worst phases in history, as the cash-strapped country... Updated 18 Jan, 2023 10:47am
Pakistan Pakistan 'held back' by 'very high levels of energy subsidies': ILO The International Labour Organization (ILO), a United Nations (UN) agency, has said that “very high levels of energy... Updated 17 Jan, 2023 06:44pm
Business & Finance Monetary policy: experts expect 100bps hike in policy rate SBP's monetary policy committee is scheduled to meet on January 23 (Monday) Published 16 Jan, 2023 03:00pm
Markets 19th successive loss: rupee falls against US dollar Currency loses Re0.19 to close at 228.34 in the inter-bank market Updated 16 Jan, 2023 07:26pm
Opinion CPEC: a game changer or ...? Today all three national parties - Pakistan Muslim League-Nawaz (PML-N), Pakistan Peoples’ Party (PPP) and ... Published 16 Jan, 2023 06:46am
Print PKR declines in all the five sessions KARACHI: The rupee depreciated in all 5 sessions against the US dollar during the previous week, falling 0.44% to... Published 16 Jan, 2023 06:18am
Print 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 Issues related to foreign exchange to be addressed soon: SBP governor KARACHI: Governor of State Bank of Pakistan (SBP) Jameel Ahmad has assured the business community of resolving the... Updated 13 Jan, 2023 10:55am
Markets SBP-held foreign exchange reserves plunge another $1.23 bn, now stand at $4.3bn Lowest level of central bank reserves since February 2014 when they stood at $3.92bn Published 12 Jan, 2023 08:32pm
Business & Finance Dar says foreign exchange held with commercial banks property of citizens Finance minister rejects rumours of govt mulling seizing control of FCY funds held with commercial banks Updated 12 Jan, 2023 12:22am
Markets Edible oil shortage looms in Pakistan as dollar reserves fall Edible oil stocks for three weeks are left in the country as traders remained unsuccessful to secure Letters of... Updated 10 Jan, 2023 06:25pm
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 PTA highlights problems being faced by tanners KARACHI: Chairman, Pakistan Tanners Association (PTA), M Mehr Ali has appealed to the Prime Minister of Pakistan,... Published 07 Jan, 2023 07:33am
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