Growth in construction activities to strengthen economy: PM
Premier says country's coastal belt feasible to attract foreign tourism
Sugar millers express concern over cane shortage
ISLAMABAD:Â The Pakistan Sugar Mills Association (PSMA) has informed the Ministry of Industries that the millers were facing serious shortage of raw material and could...
Dollar climbs to Rs160.73; gains Rs2.57 in week
The US Dollar gained Re0.11 against Pakistani Rupee in the interbank market on Friday.
According to a State Bank of Pakistan tweet, the US Dollar...
Int’l transit activity starts at Gwadar with arrival of fish cargo
ISLAMABAD: International transit activity started at Gwadar with the arrival of the first fish carrier containing 200 tonnes of fish from international waters.
In a...
Pakistan improves compliance with WTO’s Trade Facilitation Agreement
ISLAMABAD: Pakistan has considerably improved its implementation of the World Trade Organization (WTO)’s Trade Facilitation Agreement (TFA) from 34pc in June 2018 to 79pc...
KP govt intensifies action against food adulterators
PESHAWAR:Â Khyber Pakhtunkhwa Food Safety and Halal Food Authority (KPFS&HFA) on Friday carried out a massive crackdown against food adulteration in various parts of the...
KPT, Metro Gas sign MoU for development of virtual LNG pipeline
KARACHI: Karachi Port Trust and Metro Gas (Pvt) Ltd have entered a memorandum of understanding for establishment of a 'virtual pipeline system' to disseminate...
Working capital normalisation, loan deferral to improve MLCF’s liquidity
LAHORE: Normalisation of working capital and deferral of loans will help improve liquidity of Maple Leaf Cement Factory Limited (MLCF), analysts say.Â
Shahrukh Saleem, an...
ECC approves $150m grant for purchase of Covid-19 vaccine
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved a grant of $150 million for the purchase of Covid-19 vaccine.
Adviser to Prime...
Bears hold sway as benchmark index sheds 353 points
KARACHI: Bears took charge of the Pakistan Stock Exchange (PSX) on Friday, with the indices succumbing to selling pressure ahead of the rollover week.
Global...
WHO advises against Gilead’s remdesivir for all hospitalised Covid patients
LONDON: Gilead’s remdesivir is not recommended for patients hospitalised with Covid-19, regardless of how ill they are, as there is no evidence the drug...
SBP reserves rise $191m to $12.93bn
The central bank's foreign exchange reserves rose 1.5pc on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on...
Govt to engage stakeholders on proposed PTA with Afghanistan: Dawood
ISLAMABAD: Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood said on Friday that following the prime minister's visit to Kabul, the...
Oil set for third week of gains on vaccine hopes
LONDON: Oil prices firmed on Friday, and were on track for a third consecutive weekly rise, buoyed by successful Covid-19 vaccine trials, while renewed...