1H trade deficit widens to $17.963bn
ISLAMABAD: Pakistan’s trade deficit has widened to $17.963 billion during the first half of the current fiscal year, up by 24.50 percent over $14.428 billion recorded for the same...
Upward Trend Seen in Cotton Prices
At the Karachi Cotton Exchange on Wednesday, trading continued to remain slow while spot rates increased Rs200/maund to Rs7,800/maund (37.324kg) and Rs8,359/40kg. Ex-Karachi rates also rose to Rs7,945/maund and...
Business confidence improves: OICCI
KARACHI: Overseas Investors Chamber of Commerce and Industry`s (OICCI) latest business confidence index (BCI) has shown significant improvement of 8 per cent, and stood at 21pc, positive.
After two consecutive...
FBR, ministry trade fire over regulatory duties
ISLAMABAD: The Standing Committee on Finance has directed the Federal Board of Revenue (FBR) and Ministry of Commerce to finalise a new list of items on which regulatory duties...
Karachi port poised for massive infrastructure upgrade
KARACHI: Federal Minister for Maritime Affairs Senator Mir Hasil Khan Bizenjo said on Saturday the government is enhancing the capacity of ports and developingthe relatedinfrastructure to facilitate the growing...
Buying interest renews on cotton market
KARACHI: Renewed buying interest at the lower level on Monday helped cotton prices to regain part of last week`s losses.
The confusion over cotton crop size seems to have settled...
Textile, clothing exports grow 7pc
ISLAMABAD: Exports of textile and clothing recorded a growth of over seven per cent year-on-year in July-October, the Pakistan Bureau of Statistics (PBS) reported on Tuesday.
The increase was mainly...
`Logistics industry must prepare for CPEC challenges`
KARACHI: Port Qasim Authority (PQA) Chairman Agha Jan Akhtar has said that the government is simultaneously working on a number of mega projects for enhancing the capacity of logistics...
Govt invites E&P sector to participate in LNG import
ISLAMABAD: The federal government has invited oil and gas exploration and production (E&P) sector to participate in the import of LNG to fill energy deficiency in the country.
Minister of...
Activities of Karachi Port and Port Qasim
KARACHI: The Karachi Port handled 154,675 tonnes of cargo comprising 127,318 tonnes of import cargo and 27,357 tonnes of export cargo including 6,806 loaded and empty containers during the...












