Weekly inflation measured by the Sensitivity Price Indicator (SPI) for the week ended August 16, 2018 registered a 0.41% decrease for the combined income group this week, with the index recorded at 228.60 points
In light of the $30 million projected cost of participation in EXPO-2020, Senior Vice President of the Federation of Pakistan Chambers of Commerce, Mr. Mazhar Nasir, recommended a revision in the cost of
Asian markets mostly rose Friday following strong leads from Wall Street and Europe, with investors cautiously optimistic about upcoming US-China trade talks. Negotiators from Washington and Beijing will meet later this month for
Pakistan and China have vowed to further strengthen and enhance bilateral cooperation in all mutually relevant areas, expressing satisfaction over the current level of cooperation between the two countries. The bilateral ties were
Amid concerns that Pakistan may have to resort to the International Monetary Fund (IMF) for a bailout package, it has been learned that IMF has not yet endorsed the country’s nominee for the
Pakistan has yet to pay around $9.3 billion for debt servicing in the Fiscal year 2019, according to sources in the Finance Ministry. The figure includes payments for both debt repayments and interest
The benchmark KSE – 100 index opened the day’s session in the red zone once again observing an overall downward trend throughout the day, and slipping below the 42,000 mark by the day
Pakistan is committed to search new trade avenues in different regions of the world including, South America, Africa and South East Asian trade destinations, a senior official of the ministry of commerce told
The government released Rs.58 million for the development of Integrated Transit Trade Management System (ITTMS) under the Public Sector Development Programme (PSDP) 2018-19. The ITTMS is being developed under the Asian Development Bank’s
Islamabad Chamber of Commerce and Industry (ICCI) President Sheikh Amir Waheed reminded Pakistan Tehreek-e-Insaaf (PTI) leader Asad Umer of the promise he had made to resolve the rent control act issue for the
One of the biggest credit rating agencies in the world, Fitch Ratings, on Wednesday, said that incoming government will be under immediate pressure to arrest the deterioration in external finances and address fiscal
China will send a top negotiator to the United States in late August to resume trade talks, the commerce ministry said Thursday, the first public meeting on the subject in weeks as the
Chief Justice of Pakistan Mian Saqib Nisar has made it clear that cement factories will not be allowed to use water from natural ponds. He made these remarks while hearing a case in
According to data released by the state bank of Pakistan, the total external debt of the country stood at USD 95.097 Billion on June 30, 2018 having increased by USD 11.666 Billion or
Pakistan’s benchmark index for the capital markets, KSE 100, ended the day down 191 points from its previous closing, as investor sentiment remained dim for the third day in a row. The index
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