Rising cash circulation spurs inflation concerns
KARACHI: The surging circulation of physical currency within the domestic economy has surged to nearly 29%, equivalent to a staggering…
CCoE poised to okay incentives for 100% diesel production
ISLAMABAD: In a bold move to achieve 100% local diesel production, the Cabinet Committee on Energy (CCoE) is poised to…
China, Saudi in talks for ETF cross-listings
HONG KONG: China and Saudi Arabia’s stock exchanges are in talks to allow exchange-traded funds (ETFs) to list on each…
Local sporting goods spark new economic prospects
BEIJING: Pakistan’s storied tradition of crafting top-tier sports goods, ranging from footballs and basketballs to cricket equipment, is positioned to…
Oil marketers seek resolution of road freight, Sindh cess issues
ISLAMABAD: The Oil Marketing Association of Pakistan (OMAP) has urged the regulator to resolve issues pertaining to the deduction of…
‘CPEC is a transformative force for region’
BEIJING: The Pakistan Ambassador to China, Moinul Haque, extolled the China-Pakistan Economic Corridor (CPEC) as a transformative force for Islamabad…
Import curbs a must to prevent rupee’s fall
The Lahore Chamber of Commerce and Industry (LCCI) and the Multan Chamber of Commerce and Industry (MCCI) have joined hands…
Rupee recovers over Rs2 vs dollar as pressure eases
KARACHI: Increased supply of the US dollar eased pressure on the Pakistani currency and helped it recover a notable 0.76%,…
Cotton supply from farms soars 66.5%
LAHORE: The supply of cotton by farmers for processing in ginning factories has increased sharply, rekindling hopes that overall production…
Cement despatches surge by 57.44% in July
LAHORE: Cement despatches in Pakistan witnessed a remarkable increase of 57.44% in July 2023, providing some relief to the struggling…