The exports of sports goods from the country witnessed a decrease of 5.85 percent during the first month of the current fiscal year against the exports during same month of last year, Pakistan
The production of petroleum products witnessed a 13.24 percent increase during the fiscal year 2017-18 as compared to the last fiscal year, Pakistan Bureau of Statistics (PBS) reported. The petroleum products that contributed
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 202 basis points to 6.8508 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System (CFETS). The
Debt and liabilities owed by state run organizations have soared sharply as these organization owe about a quarter more now then they did in the last fiscal year. The figure owed in this
Islamabad Chamber of Small Traders on Sunday said the country will need almost $9.25 billion in debt repayments during the current fiscal which would be a challenge. The amount needed to pay foreign
Market Data and Economic Indicators Weekly Performance Aug 24, 2018 Aug 17, 2018 PKR InterBank 124.2420 124.0500 KSE100 Index 42,588.29 42,446.62 Avg Daily Volume 131,722,390 161,211,843 Gold (Karachi) Rs/10 gm 47,668 46,596
ISLAMABAD, Aug 25: President, Islamabad Chamber of Commerce and Industry (ICC) Sheikh Amir Waheed, has called upon the Paksitan Thereek-e-Insaf (PTI) government to cooperate with the private sector in promoting exports as without
New York, Aug 25: Wall Street stocks pushed to fresh records Friday, while the dollar sagged as Federal Reserve Chair Jerome Powell said there was no sign of an overheating economy and policymakers
Government missed the fiscal deficit target of 4.1 percent set for 2017-18 as the deficit reached nearly 6.6 percent of the gross domestic product because of higher spending. According to the figures posted
Information Minister Fawad Chaudhry, while briefing a press conference after the Federal Cabinet meeting chaired by Prime Minister Imran Khan said that the government is now banning the use of discretionary funds at
A 10-member delegation of Pakistan Furniture Council (PFC) will participate in Inter textile Shanghai fair starting from August 27 at Shanghai, China to showcase their products to attract foreign buyers and investors. PFC Chief
The five fully featured National Incubation Centers, established across the country, has so far helped startups raise an investment of about Rs. 2.84 billion and created more than 890 jobs. National Incubation Centers
Pakistan Readymade Garments Manufacturers and Exporters Association's Chief Coordinator (PRGMEA) Ijaz A. Khokhar on Friday said that the multi-pronged strategy of Prime Minister Imran Khan could steer the country away from serious economic
Chinese e-commerce giant Alibaba said that its revenue surged 61 percent year on year to 80.92 billion yuan (about 11.77 billion U.S. dollars) in the first quarter of its 2019 fiscal year. Its
The National Bank of Pakistan (NBP) signed two Memorandum of Understanding agreements with Mobi Direct, enabling NBP to become a consortium member and settlement bank for the firm as well as for using Mobi
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