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
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 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
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
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
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)
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
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
The prices of gold in the country have touched record high on Monday beating the previous record it broke on Saturday after a $46 per ounce jump in the international prices. The yellow metal has
The State Bank of Pakistan on Thursday said that it will not hold the scheduled monetary policy meeting in August given the meetings that have taken place in recent months. “Given the number of MPC
The State Bank of Pakistan (SBP) on Wednesday enhanced the scope of its Refinance Scheme for Renewable Energy by allowing financing under category III of the scheme to solar and wind based energy sale companies