Business
Business
Services export up 53pc in Feb
Islamabad: Export of services grew by 53.47 per cent year-on-year in February 2015 to $1.022 billion from $665.94 million, the…
Cement sector seeks cut in FED
Karachi: The government nets up to Rs95 on a 50kg cement bag on account of 5 per cent Federal Excise…
ADB offers climate change funding
Islamabad: Pakistan is among the six countries of Asia selected by the Asian Development Bank (ADB) to scale up investments…
Private company blocked from importing 20pc cheaper LNG
Islamabad: Amid legal vacuum surrounding the sale of around 140,000 tonnes of imported liquefied natural gas (LNG) to a few…
Currency dealers quash panic rumours
Karachi: Though dollar gained a little against the local currency on Tuesday, inching towards Rs102.85 amid reports of its shortage…
Energy constraints risk to Pakistan’s recovery: WB
Islamabad: The World Bank on Tuesday said Pakistan’s economy is showing signs of sustained recovery, nevertheless energy constraints and weak…
Profit-taking drags index further down
Karachi: The KSE-100 index slipped by 138.58 points, or 0.43 per cent, on Tuesday to close at 32,109.87. Investors’ interest…
Merchandise exports fell by 13pc in March
Islamabad: Export of merchandise fell by 13.44 per cent to $1.932 billion during March 2015 from $2.232bn in the same…
KCA alarmed over proposed sales tax
Karachi: The Karachi Cotton Association (KCA) has expressed concern over government plans to impose sales tax on cotton in budget…