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Listless trading on cotton market

KARACHI: A festive mood prevailed on the cotton market when trading resumed on Tuesday after Eidul Azha holidays, however activity remained poor due to thin attendance of traders. Phutti (seed...

Facilitation could cut trade costs by 9pc in Asia`

ISLAMABAD: A new joint report by the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) and the Asian Development Bank (ADB) states that improved trade...

Global trade financing gap hit $1.5tr in 2016

ISLAMABAD: Business of all sizes continue to struggle to access sufficient credit, resulting in a global trade financing gap of $1.5 trillion in 2016, according to the Asian Development...

Industry apprehensive about next GSP+ review

KARACHI: Industry leaders on Wednesday feared the country might lose its GSP+ status in the January 2018 review if it does not get certification on important international conventions related...

PMEX daily trading report

KARACHI: On Tuesday at Pakistan Mercantile Exchange Limited, the total traded value of Metals, Energy and COTS/FX was recorded at PKR 5.607 billion and the number of lots traded...

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 174,634 tonnes of cargo comprising 142,687 tonnes of import cargo and 31,947 tonnes of export cargo including 8,983 loaded and empty containers during the...

Industrial sector to rely on expensive LNG: minister

ISLAMABAD: Federal Minister for Commerce and Textile Muhammad Pervaiz Malik categorically stated that industrial sector will have to rely on expensive imported Liquefied Natural Gas (LNG) to meet their...

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KW&SB MD directs resolution of Korangi industrial area issues

KARACHI: Karachi Water & Sewerage Board (KW&SB) managing director Asadullah Khan has directed to resolve all sewerage water related issues in Korangi Industrial Area,...

Importers found concealing financials to evade taxes

KARACHI: The Federal Board of Revenue (FBR) has found importers involved in concealment of their financial transactions to evade taxes, a tax official said...

Trade deficit widens to $5.8bln in July-Sept

ISLAMABAD: Trade deficit widened two percent to $5.8 billion in the first quarter of the current fiscal year of 2020/21 as both exports and...