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ISLAMABAD: Pakistan’s trade deficit with nine neighbouring countries surged by 40.42 per cent to $6.379 billion during the first seven months of...
ISLAMABAD: The Senate Standing Committee on Commerce asked the Trade Development Authority of Pakistan on Monday to keep different sectors updated...
ISLAMABAD: Pakistan’s trade deficit with the Middle East increased 5.62 per cent to $7.984 billion in the first seven months of FY25 from $7.559bn...
ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), revised upward slightly and recorded an increase of 1.21 per cent...
ISLAMABAD: Finance Minister Muhammad Aurangzeb on Thursday cautioned the business community that the country cannot afford another boom-and-bust...
ISLAMABAD: The Large-Scale Manufacturing (LSM) sector contracted 1.87 per cent year-on-year in the first half of 2024-25, the Pakistan Bureau of...
ISLAMABAD: The Senate Standing Committee on Finance has expressed concern over the backlog of trucks at the Pak-Iran border, citing bureaucratic...
ISLAMABAD: Pakistan’s raw food exports rose 8.17 per cent to $4.62 billion during the first seven months of the current fiscal year compared to...
ISLAMABAD: The textile and clothing exports rebounded 15.85 per cent in January from a year ago, Pakistan Bureau of Statistics data showed on Monday....
ISLAMABAD: Pakistan and Saudi Arabia on Saturday explored ways to enhance cooperation in bilateral commerce, investment and finance, reaffirming their...
ISLAMABAD: Pakistan and Turkiye discussed on Thursday the need to revamp their preferential trade agreement with a view to addressing existing...
ISLAMABAD: In a move to streamline the import process, the Federal Board of Revenue (FBR) has mandated that licensees of the Special Technology Zones...
ISLAMABAD: The National Assembly Standing Committee on Finance and Revenue has expanded the scope of non-filers’ purchases, allowing them to buy...
ISLAMABAD: Exports to European countries grew 8.32 per cent in the first half of 2024-25, mainly due to higher shipments to western states. In...
ISLAMABAD: Pakistan’s exports to five central Asian countries (CACs) contracted 17 per cent during the first half of 2024-25. The country’s...
ISLAMABAD: The annual inflation maintained a decelerating trend, hitting a nine-year low at 2.4 per cent year-on-year in January, mainly due to a...
ISLAMABAD: The exports of merchandise slowed for the third consecutive month in January due to a slight fall in international demands, the Pakistan...
ISLAMABAD: Pakistan’s trade deficit with the Middle East increased 5.14 per cent to $6.558 billion in the first half of the current fiscal year from...
ISLAMABAD: The Federal Board of Revenue (FBR) missed its revenue collection target of nearly Rs85 billion in January due to lower-than-expected...
ISLAMABAD: The government on Thursday claimed that inflation in the first half year of the current fiscal year slowed to 7.2 per cent from 28.8pc in...
ISLAMABAD: The Federal Board of Revenue (FBR) issued new procedures on Wednesday to streamline licensing, issuing electronic sales tax invoices, and...
ISLAMABAD: Commerce Minister Jam Kamal Khan assures the European Union of adhering to 27 international conventions to avail of the trade benefits...
ISLAMABAD: The Pakistan Business Council (PBC) has initiated discussions with the government, aiming to establish a robust fiscal policy framework...
• ECC approves 17pc tariff hike after IMF’s consent • No increase for domestic consumers • Textile exporters term the move detrimental to...
ISLAMABAD: Exports of non-textile products rose 12.83 per cent to $7.56 billion in the first half of the current fiscal year from $6.70bn in the same...
ISLAMABAD: The cabinet committee on rightsizing has directed a subcommittee to evaluate a request from the Federal Board of Revenue (FBR) seeking...
ISLAMABAD: The government has amended two parliamentary acts, transferring the power of approval from the federal cabinet to the commerce minister to...
ISLAMABAD: Pakistan’s raw food exports grew 13.83 per cent to $3.96 billion in July-December 2024-25 compared to $3.48bn in the same period last...
• Committee to finalise strategy in seven days • No clarity on PM’s Ramazan package ISLAMABAD: The federal cabinet has formed a high-level...
ISLAMABAD: The National Assembly Standing Committee on Finance and Revenue has endorsed the Federal Board of Revenue’s (FBR) efforts to prevent...
ISLAMABAD: The textile and clothing exports grew 9.67 per cent in the first half of 2024-25, data released by the Pakistan Bureau of Statistics showed...
ISLAMABAD: Pakistan’s trade deficit with nine neighbouring countries surged by 43.22 per cent to $5.328 billion during the first half of the current...
ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), eased to 1.16 per cent year-on-year in the week ending on Jan 16 owing...
ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) to constitute a panel of experts to identify frivolous cases...
ISLAMABAD: The Large-Scale Manufacturing (LSM) sector contracted 1.25 per cent in the first five months of 2024-25, data released by the Pakistan...
ISLAMABAD: The Senate functional committee was informed that Afghanistan has rejected the notion of a border market, and progress on the proposal with...
ISLAMABAD: Exports to European countries grew 8.62 per cent in the first five months of the current fiscal year, mainly due to higher shipments to...
ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), recorded an increase of 1.90 per cent year-on-year in the week ending...
ISLAMABAD: South Korea’s Trade Minister Inkyo Cheong has outlined an ambitious plan to relocate Korea’s industrial base from its Northeast Asian...
ISLAMABAD: The Federal Board of Revenue (FBR) has begun inviting tax proposals from all stakeholders to enhance the formulation process and reduce...
ISLAMABAD: Pakistan and South Korea are set to sign a landmark Economic Partnership Agreement (EPA) to double the bilateral trade volume. Commerce...
ISLAMABAD: Pakistan’s trade deficit with the Middle East increased 3.86 per cent to $5.514 billion in the first five months of 2024-25 from...
ISLAMABAD: Export of services grew 6.51 per cent to $675.69 million in November 2024 as against $634.39m in the corresponding month last year. The...
ISLAMABAD: Pakistan’s merchandise exports slowed for the second consecutive month in December due to a steep fall in international demand,...
ISLAMABAD: The Federal Board of Revenue missed its revenue collection target by nearly Rs386 billion in the first half of the current fiscal...
• Industrial contraction affects overall growth in July-September • NAC revises down economic expansion to 2.50pc for FY24 ISLAMABAD: Pakistan’s...
ISLAMABAD: The government announced on Friday that 15 state-owned enterprises (SOEs) accounted for 99.3 per cent of cumulative losses during the...
ISLAMABAD: The government on Friday expressed concern over below-normal rainfall, which could make it difficult to meet the Rabi crop output...
ISLAMABAD: Despite missing certain IMF benchmarks, Finance Minister Muhammad Aurangzeb has asserted that the current programme will move forward....
• Bill to be tabled in National Assembly for final approval • Federal cabinet’s consent will still be required before taxmen can exercise new...