91pc of merchandise trade deficit financed by remittances in 10 years: SBP LAHORE: Acting Governor of the State Bank of Pakistan Dr Murtaza Syed on Thursday said that over the past 10 years,... Updated 01 Jul, 2022 11:14am
Business & Finance ‘Containers stuck at ports causing huge demurrage dues’ LAHORE: While appreciating ban on luxury items to control trade deficit, President of the Lahore Chamber of Commerce... Updated 29 Jun, 2022 10:33am
Print July-May period: C/A deficit crosses $15bn mark KARACHI: The country’s current account deficit crossed the $15 billion mark during the first eleven months of this... Updated 29 Jun, 2022 09:50am
Business & Finance Businessmen strongly react to supertax on large-scale industries FPCCI former president says the unwise decision will push Pakistan further into an economic crisis Updated 26 Jun, 2022 09:08am
Print Exports up 27.89pc: Jul-May imports soar 44.51pc to $72.297bn YoY Imports in May 2022 were $6.777 billion as compared to $6.661 billion in April Exports during May 2022 were $2.626 billion as compared to $2.897 billion in April Updated 17 Jun, 2022 10:45am
Business & Finance Turkey’s C/A deficit seen at $2.9bn in April ISTANBUL: Turkey’s current account is expected to record a deficit of $2.85 billion in April and end the year with a... Published 13 Jun, 2022 11:20am
Business & Finance Inflows of remittances post over 6pc growth KARACHI: Inflows of home remittances posted over six percent growth during the first 11 months of this fiscal year... Published 11 Jun, 2022 06:14am
Print Survey lists factors behind mammoth trade deficit ISLAMABAD: The government Thursday said that significant rise in import bill due to broad-based surge in global... Updated 10 Jun, 2022 09:34am
Editorials APCC data EDITORIAL: The Working Paper for the Annual Plan Coordination Committee (APCC) meeting acknowledged that the... Published 08 Jun, 2022 06:19am
Business & Finance Mian Zahid for banning more items from import KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum ... Published 03 Jun, 2022 07:18am
Opinion FY23 budget: some new avenues Pakistan is currently facing a series of challenges. The coalition government, led by Shehbaz Sharif, is trying to... Published 03 Jun, 2022 05:56am
Print July-May trade deficit widens 57.85pc to $43.334bn YoY ISLAMABAD: Trade deficit widened by 57.85 per cent during the first 11 months (July-May) of the current fiscal year... Updated 03 Jun, 2022 10:15am
Editorials The IMF shock amid royal benevolence EDITORIAL: Saudi Arabia’s Minister of Finance Mohammad al-Jadaan, on the sidelines of World Economic Forum being... Published 26 May, 2022 05:26am
Print Ban on import of certain items: Decision taken to ease pressure on BoP, Senate body told ISLAMABAD: Secretary Commerce Sualeh Ahmad Faruqui conceded on Tuesday that his opinion on the list of items whose... Updated 25 May, 2022 09:44am
Editorials An MPS amid growing economic distress EDITORIAL: The Monetary Policy Committee (MPC) met on 23 May as earlier scheduled under the chairmanship of Acting... Published 25 May, 2022 04:40am
Business & Finance Trade deficit stands at $43.3bn, NA told ISLAMABAD: Minister for Water Resources Syed Khursheed Shah on Monday said there is a huge difference between the... Published 24 May, 2022 05:35am
Business & Finance South Korea May 1-20 exports rise 24.1% y/y, trade deficit at $4.8bn SEOUL: South Korea’s exports for the first 20 days of May jumped 24.1% year-on-year, while imports increased at a... Published 23 May, 2022 10:52am
Opinion Addressing the mountain of debt Sustainable economic growth requires identifying gaps, devising effective policies and working towards consistent... Published 19 May, 2022 05:29am
Business & Finance Trade deficit of $1.4bn with S Korea worries FPCCI chief KARACHI: President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Irfan Iqbal Sheikh has... Published 18 May, 2022 06:59am
Markets PKR loses 3.1pc KARACHI: A disastrous week for the rupee saw it lose 3.1 percent against the US dollar in the inter-bank market, ... Published 16 May, 2022 05:42am
Print Jul-Apr exports grow 25.55pc to $26.25bn YoY Country’s trade deficit widens by 64.90 percent from $23.826 billion in July-April 2020-21 to $39.290 billion in July-April 2021-22 Updated 15 May, 2022 12:14pm
Business & Finance Economy cannot sustain current level of trade deficit: FPCCI KARACHI: President FPCCI, Irfan Iqbal Sheikh said that the economy cannot sustain the current level of trade ... Published 10 May, 2022 06:20am
Business & Finance Jul-Mar services’ exports grow 17.07pc to $5.15bn YoY ISLAMABAD: The exports of services from the country witnessed an increase of 17.07 percent during the first three... Published 08 May, 2022 07:06am
Business & Finance FPCCI urges govt to declare ‘economic emergency’ KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the federal government to... Published 07 May, 2022 05:46am
World US goods trade deficit hits record high; inventories rise WASHINGTON: The US trade deficit in goods widened to a record high in March amid a broad surge in imports,... Published 27 Apr, 2022 08:36pm
Opinion Growth in imports The information on the composition of imports from July 21 to March 22 was released recently by the Pakistan Bureau... Published 26 Apr, 2022 05:20am
Editorials Miftah wouldn’t come back empty-handed EDITORIAL: The statement issued by the new International Monetary Fund (IMF) mission chief for the ongoing Extended... Published 26 Apr, 2022 05:20am
Print Jul-Mar imports soar 49.10pc to $58.877bn YoY Trade deficit widens by 70.76 percent from $20.802 billion in July-March 2020-21 to $35.522 billion in July-March 2021-22 Updated 17 Apr, 2022 12:57pm
Business & Finance FPCCI chief highlights huge trade deficit with Morocco KARACHI: President of the Federation of Pakistan Chambers of Commerce and Industry Irfan Iqbal Sheikh has stressed... Published 12 Apr, 2022 05:17am
Business & Finance Saarc chamber president concerned at political upheaval, rupee depreciation LAHORE: President SAARC Chamber of Commerce and Industry Iftikhar Ali Malik on Wednesday expressing his grave ... Published 07 Apr, 2022 05:15am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn