SMEs digital portal launch likely by Nov-end Published 08 Oct, 2026 05:42am ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday ordered the launch of a digital portal for small and...
Exports to Iran, Central Asian Republics exempted from LCs/bank guarantees Updated 29 Mar, 2026 10:00am ISLAMABAD: In a major policy decision, the government has exempted exports to Iran and Central Asian Republics via...
Hala Enterprises to boost weaving capacity with new machinery import from China Published 17 Sep, 2025 03:21pm Hala Enterprises Limited (HAEL) has opened a $217,600 Letter of Credit (LC) to import new Air Jet Terry Towel...
Defying gravity: why SBP must hold its ground Published 18 Aug, 2025 05:32am There is growing pressure on the central bank from the authorities in the twin cities to lower interest rates and...
Pakistan govt decides to import 85,000 MT of sugar Updated 16 Aug, 2025 10:52pm ISLAMABAD: The government has decided to import 85,000 metric tons of sugar to meet the demand for sugar in the...
MPC: caution against rushing rate cuts Updated 28 Jul, 2025 07:18am There are varying views on monetary policy among stakeholders. One compelling argument for cutting rates further ...
Twin surpluses: external gains may not last Updated 21 Jul, 2025 08:45am The current account posted a surplus of $2.1 billion (0.5 percent of GDP) in FY25, compared to a deficit of $2.1...
Aurangzeb tells Senate body: Govt plans foreclosure laws to boost housing finance Updated 14 Jun, 2025 04:29pm ISLAMABAD: In a diplomatic embarrassment for India again, this time the World Bank Board approved $700 million for...
Export of 0.5m tons of sugar: Banks authorised to process cases Updated 17 Oct, 2024 09:02am KARACHI: In accordance with federal government directives, the State Bank of Pakistan (SBP) has authorized banks to...
Need for strengthening API sector Updated 11 Oct, 2024 08:28am The pharmaceutical industry in Pakistan, predominantly led by national companies, is experiencing rapid growth and...
Alleged currency manipulation: Senate panel to recommend action against errant banks Published 24 Sep, 2024 03:28am ISLAMABAD: The Senate Standing Committee on Economic Affairs has decided to recommend further action against...
Cheap Russian oil: Musadik claims private sector made hefty profits Updated 02 Aug, 2024 09:54am ISLAMABAD: Minister for Petroleum, Dr. Musadik Masood Malik has reportedly accused private sector of earning huge...
Jan-Apr: 10.85m cell phones made locally Published 30 May, 2024 06:19am ISLAMABAD: The local manufacturing/ assembling plants manufactured/ assembled 10.85 million mobile handsets during...
A recalcitrant rupee! Published 11 Mar, 2024 04:45am The budget for the current fiscal year, reviewed and amended by the International Monetary Fund (IMF) as a prior...
2.27m cellphones made/assembled locally in Jan Updated 25 Feb, 2024 09:03am ISLAMABAD: The local manufacturing/assembling plants manufactured/assembled 2.27 million mobile handsets during the...
Local manufacturing of mobile phones declined by 4pc in 2023 Published 13 Feb, 2024 05:59am ISLAMABAD: Local manufacturing/assembling of mobile handsets declined by around four percent during the calendar ...
ADs allowed to make import advance payments without prior SBP approval Updated 01 Feb, 2024 09:42am KARACHI: The State Bank of Pakistan (SBP) has allowed Authorised Dealers (ADs) to make import advance payments,...
Auto sector in 2023: advent of EVs and hybrids in Pakistan Published 02 Jan, 2024 05:09pm The year 2023 signaled a downward spiral for the auto sector. For about half the year, there were restrictions from...
Jul-Nov mobile phones imports up 112.2pc to $616.54m YoY Updated 22 Dec, 2023 09:03am ISLAMABAD: The country imported mobile phones worth $616.541 million during the first five months (July-November) of...
‘Illegal’ LCs, forex market speculation: MoF set to share list of banks with SIFC today Updated 07 Dec, 2023 09:49am ISLAMABAD: The Finance Ministry is all set to share the list of banks involved in illegal business relating to LCs...
Jan-Oct: 15.66m mobile phones made locally Published 06 Dec, 2023 04:27am ISLAMABAD: Local manufacturing plants have manufactured/ assembled 15.66 million mobile handsets during the first 10...
Import from China: Customs’ values on fleece fabrics fixed Published 25 Nov, 2023 05:19am ISLAMABAD: Directorate General of Customs Valuation Karachi has fixed new Customs values on the import of six...
Economic growth has to be backed by structural reforms: Shamshad Updated 24 Nov, 2023 09:44am ISLAMABAD: Caretaker Federal Minister for Finance Dr Shamshad Akhtar has said political and economic instability...
Jul-Oct mobile phone imports soar 107.91pc to $469.99m YoY Published 19 Nov, 2023 03:14am ISLAMABAD: The country imported mobile phones worth $469.992 million during the first four months (July-October) of...
Locally-produced cars: IMC CE lists factors behind high prices Updated 09 Nov, 2023 03:59pm ISLAMABAD: Indus Motor Company (IMC) Chief Executive Ali Asghar Jamali has said issues such as high taxation,...
Crisis is the moment for home-grown solutions Updated 06 Nov, 2023 06:11am Containment of fiscal deficit should be and is the first priority. In this respect extensive data released on Q1...
MoF to share green bonds, debt swaps plan with SIFC today Updated 24 Oct, 2023 09:37am ISLAMABAD: Finance Ministry is all set to share its plan on floating of international and domestic green bonds and...
Jan-Sep 2023: 13.02m mobile handsets manufactured locally Published 24 Oct, 2023 05:05am ISLAMABAD: Local manufacturing plants have manufactured/assembled 13.02 million mobile handsets during the first ...
Senate commerce committee members say will help resolve issues facing KCCI Published 15 Sep, 2023 06:31am KARACHI: The Senate’s Standing Committee on Commerce, headed by its Senator Chairman Zeeshan Khanzada, paid a ...
Sitara Peroxide extends shutdown for 30 days Updated 08 Sep, 2023 06:54pm Sitara Peroxide Limited (SPL), Pakistan’s chemical manufacturer, announced on Friday that it is extending its plant...