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Pakistan exports to US record over 28pc growth, says SBP

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ISLAMABAD: The United States (US) remained the top export destination of Pakistani products during the fiscal year (2020-21), followed by the United Kingdom (UK),...

Import of edible items rise by 55% in FY21

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Despite being an agricultural country, Pakistan's food items imports during the outgoing financial year rose by 55 percent to Rs1,331 billion. The Pakistan Bureau of...

Foreign reserves increase by $4,694m

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On July 16, 2021, Pakistan's total liquid foreign reserves stood at $25,128.0 million.  As per the report, A sum of $18,050.7 million of foreign reserves...

PSX extends bearish mood on tighter COVID SOPs as KSE-100 Index loses 80.91 points

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KARACHI: Stocks trade and prices remained under a bearish spell at Pakistan Stock Exchange (PSX) on Friday. The impact of tighter restrictions on social...

Dollar gains Rs1.54, touches Rs 161.48

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KARACHI: Despite higher remittances and other loans and euro bonds payments, the dollar touched Rs 161.48 in the interbank market on Monday. The US...

PSX in bearish mood ahead of Eid, KSE-100 Index trades 43.45 points down

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KARACHI: Pakistan Stock Exchange (PSX) failed to break the bearish spell extended from the previous week as investors preferred to stay under-invested to pass...
Carpet

Pakistan’s carpet industry likely to improve exports

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Pakistan’s carpet industry is likely to boost after China and Pakistan agreed to include handmade carpets in their free trade agreement. The vice-chairperson of Pakistan’s...

PM says DRAP unable to support drug producers to enhance pharma exports

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KARACHI: Prime Minister Imran Khan has admitted that the Drug Regulatory Authority of Pakistan (DRAP) has failed to support the Pakistani medicine industry in...

Industries ministry fixes sugar price at Rs88.24 per kg

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The federal industries ministry has set the retail price of sugar at Rs88.24 per kilogram. According to a notification issued by the ministry the...

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