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…
KCCI decries suspension of gas
KARACHI: Pakistan’s business community is facing a dire challenge that threatens economic stability – the chronic shortage of essential utilities…
Pak-Azerbaijan PTA to be finalised in Aug
ISLAMABAD: Pakistan and Azerbaijan are set to finalise a Preferential Trade Agreement (PTA) in the first week of August 2023,…
KE consumers to see hike of Rs2.33/unit
ISLAMABAD: K-Electric (KE) consumers are bracing for a potential increase in electricity rates by Rs2.33 per unit, as the company…