Business & Economy

Hong Kong, July 4 (AFP/APP): Asian markets were mixed and oil fell as traders fret over a possible recession caused by central bank interest rate hikes aimed at fighting soaring inflation. After the S&P 500’s worst January-June since 1970, Wall Street got the second half […]

LAHORE, Jul 3 (APP): Prime Minister Muhammad Shehbaz Sharif on Sunday directed the authorities concerned to take immediate steps for making the shut-down power plants functional and sought a report entailing clear reasons over the load-shedding. The prime minister chaired an important meeting to overcome […]

KARACHI, Jul 03 (APP): The Sindh Excise, Taxation and Narcotics Control department has achieved 111 percent tax collection targets till the end of the financial year 2021-22 and has collected a total of Rs 133350 millions in term of various taxes. This was stated at […]

ISLAMABAD, Jul 1 (APP): Prime Minister Shehbaz Sharif Friday commended the performance of Federal Board of Revenue (FBR) for achieving tax collection target of Rs 6.1 trillion. The PM, in a tweet on his Twitter handle, said, “This sets a good example for other ministries […]

ISLAMABAD, Jul 1 (APP): The Consumer Price Index (CPI) increased by 21.3% on year-on-year (YoY) basis in June 2022 as compared to the corresponding month of last year, Pakistan Bureau of Statistics (PBS) reported on Friday. On month-on-month basis, it increased by 6.3% in June […]

ISLAMABAD, Jul 01 (APP): National Vocational and Technical Training Commission (NAVTTC) and Daraz Alibaba Group have envisaged mutual collaboration for income generating skills and youth employment in e-commerce market place. In this regard, the e-commerce giant Daraz Alibaba Group Director Corporate Affairs, Mr. Tony Hulton, […]

ISLAMABAD, Jul 1 (APP): United States remained the top export destinations of Pakistani products during the eleven months of fiscal year (2021-22), followed by China and United Kingdom (UK). Total exports to the USA during July-May (2021-22) were recorded at US $6158.171 million against the […]

Buenos Aires, July 1 (AFP/APP): It is hard to come by but ever-present on the mind of average Argentines: the US dollar, whose value relative to the feeble peso is a barometer for an economy in crisis. “Dollars! Change, change, doooolars!” The cries of unofficial […]

New York, July 1 (AFP/APP): US airlines are bracing customers for what will probably be another bumpy holiday weekend as the industry struggles to manage a surge in travel demand that probably exceeds its current capacity. Yu Su, a computer science professor at Ohio State […]

ISLAMABAD, JUNE 30 (PNI) In line with Pakistan’s commitment under Article 10.4 of the World Trade Organization’s Trade Facilitation Agreement, Pakistan successfully rolled out the first phase of the Pakistan Single Window (PSW) for trade and transportation integrating Pakistan Customs, Department of Plant Protection, Animal […]