Big industry plummets 10.7pc in June

Big industry plummets 10.7pc in June

The Large Scale Manufacturing of the country showed a decrease of 10.17 percent in FY20, data released by the Pakistan Bureau of Statistics showed on Wednesday. “The overall output of LSMI decreased by 10.17% for

Mixed auto sales in July

Mixed auto sales in July

Passenger car sales during the month of July fell 7.7 per cent year-on-year to 10,123 units from 10,968 units sold in the corresponding month of last year, data released by the Pakistan Automotive Manufacturers’ Association

Will facilitate businesses, says PM Khan

Will facilitate businesses, says PM Khan

Prime Minister Imran Khan on Friday said that the government will do its utmost to support the business and trade in the country while meeting a delegation of national assembly representatives from the city of

Business confidence weakens

Business confidence weakens

A survey conducted to gauge business confidence in the country between May to June 2020 on Wednesday showed that the confidence of businesses in the country has plummeted. The Overseas Investors Chamber of Commerce and

Cement sales jump 38pc in July

Cement sales jump 38pc in July

Cement sales across the country during the month of July jumped up 38 percent to 4.83 million tonnes compared to 3.512m tonnes in the same period last fiscal year due to an uptick in the

Exports rebound 5.8pc in July

Exports rebound 5.8pc in July

Advisor to the Prime Minister on Commerce and Investment Abdul Razak Dawood on Tuesday chaired a meeting at the Commerce Ministry to review the recent trade statistics and devise plans for improving exports, a press

Stocks jump in July as Covid-19 outlook improves

Stocks jump in July as Covid-19 outlook improves

The benchmark KSE-100 index on the last day of week and month -- Thursday -- closed the week in green, gaining 1,651 points or 4.4 percent compared to the last week. “PSX breaks records with

SBP advises banks to increases Islamic banking services

SBP advises banks to increases Islamic banking services

The State Bank of Pakistan on Wednesday issued instructions for the banks to promote and increase the share of islamic banking in the country. “Keeping in view the significant potential of Islamic Banking Windows (IBWs)

Pakistan receives $505m from World Bank

Pakistan receives $505m from World Bank

The State Bank of Pakistan on Tuesday said that it has received $505 million from the World Bank. “#SBP has received USD 505.5 mn today from @WorldBank,” it said in a tweet released on the

Remittances to remain under pressure, says Moodys

Remittances to remain under pressure, says Moodys

The global rating agency Moodys on Monday said that the inflow of remittances into the countries dependent on these earnings will slow down due to the coronavirus implication and have a negative impact on the