Business & Economy

ISLAMABAD July 18 (Online): Pakistan and the United States have reiterated the desire to further strengthen their bilateral trade and economic ties. The resolve was expressed during meeting of Deputy under Secretary of the US Department of Treasury Brent Neiman and US ambassador to Pakistan […]

ISLAMABAD 16 July (Online): Prime Minister Shehbaz Sharif has directed to establish one window operation facilitation centers to resolve exporters’ problems. He gave these instructions, while talking to a delegation of Sialkot Chamber of Commerce and Industries and parliamentarians from the city of Iqbal, which […]

KARACHI, July 15 (Online): Foreign Minister Bilawal Bhutto Zardari laid the foundation stone of Dhabeji Special Economic Zone in Thatta district today. Speaking on the occasion, he said 150,000 employment opportunities will be created from this economic zone for the local people. Bilawal Bhutto said […]

ISLAMABAD, JULY 14 (ONLINE): IMF Director Communication Ms Julie Kozak has said IMF is always ready to work with Pakistan and the Pakistani government on these efforts for revival of economic stability. “Pakistan is facing multiple challenges. Reforms will be needed. We are ready to […]

New York, July 14 (AFP/APP): JPMorgan Chase reported a jump in second-quarter profits Friday on surging income tied to higher interest rates as executives described the US economy as “resilient” but facing risks. Profits were $14.5 billion, up 67 percent from the year-ago period, while […]

TOKYO, July 14 (Xinhua/APP) –: Tokyo stocks were slightly lower after the close on Friday, weighed down by export-related shares with the yen strengthening to a fresh two-month high against the U.S. dollar. The 225-issue Nikkei Stock Average inched down 28.07 points, or 0.09 percent, […]

DHAKA, July 14 (Xinhua/APP) –: Bangladesh’s central bank has revealed a drastic drop of over 6 billion U.S. dollars in the country’s foreign exchange reserves. Bangladesh Bank (BB) in a website post on Thursday said, “The country’s reserves reached 23,567.53 million as of July 12, […]

KARACHI, Jul 13 (APP):The total liquid foreign reserves of Pakistan rise to US$ 9,838.5 million as of July 07, 2023 while inflows of $ 4.2 billion were received from Saudi Arabia, UAE and IMF to be incorporated in the central bank’s reserves report in the […]

KARACHI (PNI) Qaisar Shams Ghucha, Chairman, Pakistan Yarn Merchants Association (PYMA), has emphasized the importance of political stability for economic growth. He stated that Pakistan should take measures to control fluctuations in the value of the dollar, and both exporters and industries should be granted […]

Islamabad, July 12 (Online): Finance Minister Ishaq Dar announced on Wednesday that the United Arab Emirates (UAE) has deposited $1 billion to the State Bank of Pakistan, saying that it would boost the country’s reserves. Taking to twitter Ishaq Dar said State Bank of Pakistan […]