Business

Business

Banks to aquire Rs12bn transfer charges in 6 month time frame

The government yesterday gave an undertaking to the commercial banks to clear Rs12 billion transfer charges on account of foreign…

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ECC susidises sugar export, lowers duty on potato export

The Economic Coordination Committee (ECC) of the cabinet has approved a subsidy of Rs10 per kilogram on export of 650,000…

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Tajikistan to import wheat, sugar from Pakistan

Finance Minister Ishaq Dar yesterday assured a Tajik business delegation that Pakistan government would provide all possible facilities to private…

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Lint prices gain on strong demand

Prices were firm on the cotton market yesterday as ginners were reluctant to sell quality cotton amid strong demand. Floor…

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SECP to strengthen stock market regulations

The Securities and Exchange Commission of Pakistan (SECP) will make the book-building process more efficient and transparent in consultation with…

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Current account gap widens to $2.3 billion in only 5 months

Pakistan’s foreign exchange reserves have crossed $15 billion, but the current account deficit further widened in the first five months…

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Bids being invited for Pak-China Economic Corridor project

Bids have been invited from Chinese construction companies and other international and local firms for the multi-billion dollar  of Pak-China…

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9 more gates on Pak-Iran border proposed to enhance trade

Iranian authorities have indicated to open nine more zero-point gates on the Pak-Iran border along with five districts of Balochistan…

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Bull raign supreme; KSE index gains 258 points

The bull run for the fourth straight day saw addition of 258.76 points to the KSE-100 index which closed at…

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