Removing cap: How it affects the exchange rate in open market
KARACHI: The Exchange Companies Association of Pakistan (ECAP) decision to remove a price cap it was using to sell and buy dollars in the...
WEF Global Risk Report 2023: Top 10 risks identified as biggest threats to Pakistan
ISLAMABAD: For the past 17 years, the World Economic Forum’s (WEF) Global Risks Report has warned about deeply interconnected global risks. Conflict and geo-economic...
Situationer: Challenges for Pakistan’s economy as dollars dry up
KARACHI: Thousands of containers packed with essential food items, raw materials and medical equipment have been held up at the Karachi Port as the...
China supports development of new energy intelligent cars
BEIJING Jan 16 (TNS): China's top economic planner has cleared the way for development of domestic new energy cars and intelligent vehicles.
The country will...
Pakistan’s IT export crossed $1 billion mark for the first time in history
Karachi, Aug. 9 (TNS): Pakistan’s IT export has achieved a new milestone by crossing the mark of $1 billion for the first time ever...
Pakistan received over $505m from World Bank
Islamabad: July 28, 2020 (TNS): Pakistan received over 505 million dollars from the World Bank on Tuesday under a financing agreement signed last week...
Despite sour ties Pakistan importing more tea from India
New Delhi, Aug. 16 (TNS): Despite sour relations between two countries, India export of tea to Pakistan is on rise, Indian media reported.
According to...
Oil prices near three-year highs, supported by healthy demand
SINGAPORE Jan 16 (TNS): Brent crude prices consolidated recent gains at around $70 a barrel on Tuesday, a level not seen since 2014’s dramatic...
Technical team visits Pakistan Steel Mills today
Karachi: April 28, 2021 (TNS): A technical team visited the Pakistan Steel Mills in Karachi today (Tuesday) on the directives of the federal government...
FBR launch ‘Single Sales Tax Portal’ to ensure automation
ISLAMABAD, Nov 02 (TNS): The Federal Board of Revenue (FBR) on Tuesday launched ‘Single Sales Tax Portal’ to facilitate the taxpayers through automation.
Building...
