FBR’s failure costs provinces Rs170 billion
ISLAMABAD - The provinces had to pay the price of Federal Board of Revenue’s (FBR) inability to meet tax collection target as they received Rs170 billion lesser than the...
Physical prices remain firm at lint 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...
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...