Though the government claimed that the sugar crisis in Punjab has been controlled, it is not the case as sugar vanished from the shelves...

Pakistan’s exports of textile and clothing rebounded in March mainly due to value-added sectors and posted a growth of 30.4 per cent from a year ago, showed data released by the Pakistan Bureau of Statistics (PBS) on Friday.

According to the Policy Think Tank's 12-Month analysis till January 2021, the economy is going in a positive direction on the back of the Large Scale Manufacturing sector and Increased business confidence.

The policy was extended despite concern from the Power Division that this might lead to increase in the loadshedding and power stations tripping during core months ranging from May to September.

The customs duty will remain zero until June 2021 but is subject to the approval of the Cabinet. It is done to facilitate the value-added exporters in the textile industry of the country.

Federal Minister for Finance, Revenue, Industries and Production Muhammad Hammad Azhar Friday reiterated the government’s firm commitment to further promoting the construction industry as...

Engro Corporation, a diversified group of companies, has announced that it will undertake advance studies for setting up a manufacturing plant in the petrochemical sector at an estimated cost of over $1 billion, which will slash Pakistan’s chemical imports and give a push to exports.

Governor State Bank of Pakistan (SBP) Dr. Reza Baqir has said that they are ‘carefully studying’ the option to launch a digital currency in Pakistan. He said that the introduction of an SBPs digital currency will have a twofold benefit to Pakistan.

Federal Committee on Agriculture met to set production targets for the Kharif crops that are about to start sowing. Wheat Production is set to increase by 1.7 percent this year.

The Borad of Directors (BoD) of Silkbank Limited has accorded, in principle, its approval to Habib Bank Limited’s (HBL’s) request to provide its concurrence to the latter (HBL) to apply to State Bank of Pakistan to proceed with the due diligence of the Consumer Portfolio of Silkbank Limited.

The State Bank of Pakistan on Monday announced the third five-year strategic plan for the Islamic banking industry. The aim of the plan is to expand the share of Islamic banks’ assets and deposits to 30 percent in the overall banking industry.

Federal Minister for Finance and Revenue Hammad Azhar said despite challenges, the country’s economy was in much better condition than it was back in 2018 when the incumbent government assumed power.