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SBP locks major steps to curb dollar outflow to Afghanistan

SBP locks major steps to curb dollar outflow to Afghanistan

Pakistan- The State Bank of Pakistan (SBP) imposed, on Wednesday, another restriction on the buying of dollars from the open market. The central bank said biometric verification was compulsory for those who would purchase $500

Pakistan for economic and humanitarian assistance to Afghans

Pakistan for economic and humanitarian assistance to Afghans

Foreign Minister Makhdoom Shah Mahmood Qureshi said, on Sunday, that the situation in Afghanistan needs a sustained international engagement and pressed for solidarity and support to the people of Afghanistan. The foreign minister said Pakistan’s

How can Pakistan amplify its IT exports?

How can Pakistan amplify its IT exports?

The future belongs to innovations and technological disruptions. 5G, internet of things, artificial intelligence, cloud and mobile computing, data mining, robotics, cryptocurrency, and blockchain are the words that are yet to be widely heard. Computers

25 textile companies contribute 21pc to $25bn exports

25 textile companies contribute 21pc to $25bn exports

The top 25 textile companies have contributed over $5.361 billion, or 21 per cent, to Pakistan’s overall exports of $25bn in 2020-21. APTMA (North Zone) Chairman Abdul Rahim Nasir said, “It is a matter of

Car prices likely to decline on duty cut

Car prices likely to decline on duty cut

Consumers are to get up to Rs224,000 as the government has slashed federal excise duty and general sales tax on some vehicles with effect from Thursday. The Federal Excise Duty (FED) is slashed on cars

Pakistan’s import-export gap widens this fiscal year

Pakistan’s import-export gap widens this fiscal year

Pakistan’s imports have surged past $50 billion in the initial 11 months of the outgoing fiscal year. This has happened the second time in three years and has posed a new challenge for the incumbent

Crackdown initiated against hoarders as market goes sugarless

Crackdown initiated against hoarders as market goes sugarless

LAHORE: The Punjab government has initiated a crackdown against sugar hoarders in a bid to end its shortage in and around Lahore. The government fixed its sale at Rs85 kg but since the beginning of

Rupee becomes world’s top-performing currency this year

Rupee becomes world’s top-performing currency this year

Pakistani currency rupee has become the world’s top-performing currency in this year’s first quarter however currency analysts still remain cautious against sharp currency movements which keep the market on its toes. Experts say that the

Cotton Women Pickers Demand Proper Working Conditions In Pakistan

Cotton Women Pickers Demand Proper Working Conditions In Pakistan

A convention for the rights of women cotton pickers discussed their deteriorating socio-economic conditions. Held in the Hala town of Matiari, Sidh Pakistan, the convention was attended by over 300 women. Almost all of them

Inflation eases to 8.9pc in October

Inflation eases to 8.9pc in October

Inflation for the month of October eased to 8.9 percent compared to 9pc in September mainly on the back of a gradual decline in food prices, data released by the Pakistan Bureau of Statistics showed.