A recalcitrant rupee! The budget for the current fiscal year, reviewed and amended by the International Monetary Fund (IMF) as a prior... Published 11 Mar, 2024 04:45am
Print 2.27m cellphones made/assembled locally in Jan ISLAMABAD: The local manufacturing/assembling plants manufactured/assembled 2.27 million mobile handsets during the... Updated 25 Feb, 2024 09:03am
Business & Finance Local manufacturing of mobile phones declined by 4pc in 2023 ISLAMABAD: Local manufacturing/assembling of mobile handsets declined by around four percent during the calendar ... Published 13 Feb, 2024 05:59am
Print ADs allowed to make import advance payments without prior SBP approval KARACHI: The State Bank of Pakistan (SBP) has allowed Authorised Dealers (ADs) to make import advance payments,... Updated 01 Feb, 2024 09:42am
Perspectives Auto sector in 2023: advent of EVs and hybrids in Pakistan The year 2023 signaled a downward spiral for the auto sector. For about half the year, there were restrictions from... Published 02 Jan, 2024 05:09pm
Business & Finance Jul-Nov mobile phones imports up 112.2pc to $616.54m YoY ISLAMABAD: The country imported mobile phones worth $616.541 million during the first five months (July-November) of... Updated 22 Dec, 2023 09:03am
Print ‘Illegal’ LCs, forex market speculation: MoF set to share list of banks with SIFC today ISLAMABAD: The Finance Ministry is all set to share the list of banks involved in illegal business relating to LCs... Updated 07 Dec, 2023 09:49am
Business & Finance Jan-Oct: 15.66m mobile phones made locally ISLAMABAD: Local manufacturing plants have manufactured/ assembled 15.66 million mobile handsets during the first 10... Published 06 Dec, 2023 04:27am
Business & Finance Import from China: Customs’ values on fleece fabrics fixed ISLAMABAD: Directorate General of Customs Valuation Karachi has fixed new Customs values on the import of six... Published 25 Nov, 2023 05:19am
Print Economic growth has to be backed by structural reforms: Shamshad ISLAMABAD: Caretaker Federal Minister for Finance Dr Shamshad Akhtar has said political and economic instability... Updated 24 Nov, 2023 09:44am
Business & Finance Jul-Oct mobile phone imports soar 107.91pc to $469.99m YoY ISLAMABAD: The country imported mobile phones worth $469.992 million during the first four months (July-October) of... Published 19 Nov, 2023 03:14am
Print Locally-produced cars: IMC CE lists factors behind high prices ISLAMABAD: Indus Motor Company (IMC) Chief Executive Ali Asghar Jamali has said issues such as high taxation,... Updated 09 Nov, 2023 03:59pm
Opinion Crisis is the moment for home-grown solutions Containment of fiscal deficit should be and is the first priority. In this respect extensive data released on Q1... Updated 06 Nov, 2023 06:11am
Business & Finance Jan-Sep 2023: 13.02m mobile handsets manufactured locally ISLAMABAD: Local manufacturing plants have manufactured/assembled 13.02 million mobile handsets during the first ... Published 24 Oct, 2023 05:05am
Print MoF to share green bonds, debt swaps plan with SIFC today ISLAMABAD: Finance Ministry is all set to share its plan on floating of international and domestic green bonds and... Updated 24 Oct, 2023 09:37am
Business & Finance Senate commerce committee members say will help resolve issues facing KCCI KARACHI: The Senate’s Standing Committee on Commerce, headed by its Senator Chairman Zeeshan Khanzada, paid a ... Published 15 Sep, 2023 06:31am
Business & Finance Sitara Peroxide extends shutdown for 30 days Sitara Peroxide Limited (SPL), Pakistan’s chemical manufacturer, announced on Friday that it is extending its plant... Updated 08 Sep, 2023 06:54pm
Business & Finance IMC hasn’t announced layoffs despite 55pc cut in production: CEO KARACHI: Chief Executive Officer, Indus Motor Company (IMC), Ali Asghar Jamali has said that despite registering a... Published 31 Aug, 2023 06:00am
Opinion Trade conundrum: who is at fault? The July 2023 trade data indicates an improvement in the trade deficit – from negative 1.863 billion dollars to... Published 28 Aug, 2023 06:27am
Print Falls under domain of Ministry of Commerce: SBP says it can’t impose ban on import of any item ISLAMABAD: State Bank of Pakistan (SBP) has stated that it cannot impose a ban on import of any item as it falls... Updated 28 Aug, 2023 08:44am
Pakistan For Pakistan’s consumers and industries, economic woes are far from over Pakistan’s last-minute deal with the International Monetary Fund (IMF) has given Islamabad some breathing room as... Published 18 Aug, 2023 05:56pm
Markets Rupee weakens marginally, settles at 287.60 against US dollar Currency depreciates 0.05% in inter-bank market Updated 10 Aug, 2023 08:58pm
Pakistan Discrimination in issuance of LCs: Stakeholders demand a level playing field ISLAMABAD: The Senate Standing Committee on Finance, Wednesday, held that targeted Letters of Credit (LCs) issuance... Published 10 Aug, 2023 06:35am
Opinion LSM sector travails Large-scale manufacturing (LSM) sector, as per data released by the Finance Division, registered negative 8.1 ... Published 07 Aug, 2023 06:34am
Print PM calls for devising extensive export policy KARACHI: Prime Minister Shehbaz Sharif has called for formulating a comprehensive export policy in consultation with... Updated 27 Jul, 2023 09:22am
Business & Finance KCCI urges SBP to take notice of banks’ denial to issue LCs KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf, while referring to deep... Published 25 Jul, 2023 06:20am
Editorials Rise in clearance of imports, exports EDITORIAL: The Federal Board of Revenue (FBR) during a meeting with a World Bank mission revealed that it increased... Updated 22 Jul, 2023 06:40am
Print 22pc interest rate inimical to business activities: PM ISLAMABAD: Prime Minister Shehbaz Sharif Wednesday acknowledged that with a 22 percent rate of interest, no business... Updated 13 Jul, 2023 10:33am
Editorials Import payments and dollar reserves EDITORIAL: The secretary, Ministry of Industries and Production, while testifying before the relevant Senate ... Updated 13 Jul, 2023 05:11am
Print Inward flows of dollars to create breathing space: ministry ISLAMABAD: The Ministry of Industries and Production (MoI&P) Tuesday said it is still clueless about lifting of... Updated 12 Jul, 2023 08:51am
