Bearish trend continues at PSX as index sheds 462 pointsKARACHI: The KSE-100 Index remained under pressure throughout the session Friday due to profit booking, leading the index to close at 42,933.72 points level after shedding 461.56 points. The local bou...
French companies invited to invest in food, pharmaceutical sectorISLAMABAD: Minister of State for Finance and Economic Affairs Rana Muhammad Afzal Khan Friday invited investment by French companies in the food industry, pharmaceuticals, skill development and railwa...
APBF wants strong reforms for external stability as budget deficit reaches 2.3%KARACHI: As the country's budget deficit has reached 2.3% of the Gross Domestic Product (GDP) during July-Nov of fiscal year 2017-18, the All Pakistan Business Forum (APBF) has stated that the governm...
Pakistan, Iran agree to enhance bilateral tradeISLAMABAD: Pakistan and Iran Friday agreed to promote bilateral trade between the two brotherly Muslim countries. According to press statement issued by the Ministry of Finance, Ambassador of Iran Meh...
7,500 new motorcycles hit roads daily in PakistanKARACHI: Motorcycles production in Pakistan is reaching to its highest level with 2.3 million quantity of produced during the ten months of 2017 while average 7,408 new motorcycles hit roads daily in...
China to set up chemical plant in PakistanBEIJING: China has decided to expand its industrial network in Pakistan by setting up a chemical plant. According to officials, chemicals maker Zhejiang Huafon New Materials Co Ltd has completed the s...
Sri Lankan president inaugurates Pakistan Single Country ExhibitionCOLOMBO: Sri Lankan President Maithripala Sirisena along with Pakistan's Minister for Commerce Mohammad Pervaiz Malik and High Commissioner of Pakistan in Sri Lanka Dr. Shahid Ahmad Hashmat inaugurate...
Car production surges by 19% in H1FY2017-18ISLAMABAD: The production of cars in the country increased by 19.46 percent during first half (July-December) of 2017-18 compared to same period of the preceding year as during the period under review...