Business

Business

Paisa coins cease to be legal tender

All decimal coins of paisa 1,2,5,10,25 and 50 had ceased as legal tender from Oct 1, 2014, a spokesman of…

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Reserves fall

The country’s total liquid foreign exchange reserves fell to $13.210 billion during the week ending September 26 compared to $13.305bn…

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Pama advises caution over trade accord with Sri Lanka

The Pakistan Automotive Manufacturers Association (Pama) has urged the government to tread carefully on trade agreement with Sri Lanka as…

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Renewed Buying On Cotton Market

The cotton market was steady on Thursday where renewed buying at the lower level helped prices to hold ground. The…

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Pakistan ranks 62nd in FDI-friendly countries

LAHORE: Pakistan ranks 62nd in the foreign direct investment-friendly countries but it does not reflect its potential and available resources,…

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‘GSP Plus meaningless if exports not doubled’

LAHORE:Governor Chaudhry Sarwar says trade concession given by the European Union (EU) to Pakistan’s textile and other products under its…

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Investor interest in stock market flags amid thin volumes

KARACHI: The index began the week in the red as political uncertainty kept investor interest low. At close, the Karachi…

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Sindh plays host to $130m wind power project undertaken with Chinese investment

An investment of $130 million is being made for setting up a 50-megawatt wind power project near Gharo, Sindh. Two…

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Cut in prices of petroleum products likely

Prices of petroleum products are estimated to post a reasonable decline today as a result of drop in prices in…

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