US issues new 120-day national security waiver
WASHINGTON: The US on Tuesday moved to let Iraq pay Iran for electricity via non-Iraqi banks, a US official said,…
Investor confidence wanes in Pakistan’s economy
KARACHI: Pakistan’s economy is set to post moderate growth in the current fiscal year following an unimpressive performance in the…
Atlas Honda eyes $25m in exports
KARACHI: Atlas Honda Limited (ATLH), a leading motorcycle manufacturer in Pakistan, is optimistic about its export prospects and projects an…
Developing Asia on track to grow faster
MANILA: Developing Asia is on track to grow faster in 2023 from a year earlier as strong consumption and investment…
OCAC accuses OGRA of price manipulation
ISLAMABAD: The Oil Companies Advisory Council (OCAC) has launched a scathing attack on the Oil and Gas Regulatory Authority (OGRA),…
Country to produce over 10m cotton bales
ISLAMABAD: Pakistan’s cotton production is expected to cross 10 million bales for the first time in the past more than…
IT exports will surge to $15 billion: minister
ISLAMABAD: Minister of Information Technology Syed Aminul Haque has expressed the determination to push Pakistan’s IT exports to $15 billion…
Rupee slumps to lowest in three weeks
ISLAMABAD: Pakistani currency on Tuesday slumped 1.34%, or Rs3.78, and reached its lowest in three weeks at Rs283.04 against the…
IMF spells out stringent conditions for $3b breather
ISLAMABAD: The International Monetary Fund (IMF) has slapped a stringent condition on Pakistan to stop its intervention in the exchange…
Current account surplus hits record high
KARACHI: Pakistan’s economy received a significant boost as the current account remained in surplus for the fourth consecutive month in…