Business

Business

New REIT regulations ease funds creation

Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has notified new regulations for the Real Estate Investment Trust (REIT),…

3 Min Read

Textile exports decline 16pc in March

Islamabad: Exports of textile and clothing witnessed a negative growth of 16.23 per cent to $1.033 billion in March 2015…

2 Min Read

Rupee strong against dollar

The rupee displayed a strong performance against the dollar last week, aided in part by the increase in foreign exchange…

1 Min Read

Car assemblers reluctant to cut prices

Karachi: Falling world steel prices, a weaker Japanese currency and low transportation cost on account of drop in diesel prices…

6 Min Read

Revenue collection rises 12pc in July-March

Islamabad: The Federal Board of Revenue’s (FBR) collection rose 12.2 per cent to Rs1,766.819 billion during first nine months (July-March)…

2 Min Read

Dar, Blinken discuss ways to enhance economic cooperation

Washington: Continuing his intense schedule of engagements in during the World Bank-IMF Spring session, Finance Minister Mohammad Ishaq Dar, met…

3 Min Read

Use of wood packaging banned for exports

Karachi: The Department of Plant Protection (DPP), Ministry of National Food Security and Research (MNFSR), has banned the use of…

5 Min Read

Reserves at $16.8bn

Karachi: The country’s total liquid foreign exchange reserves stood at $16.818 billion during the week ending April 10 compared to…

0 Min Read

FDI rises to $710m

Karachi: Foreign Direct Investment (FDI) increased by $1 million to $710m in the first nine months (July-March) of 2014-15 as…

1 Min Read