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Pakistan trade

Remittances register 15pc increase in July-April

Remittances sent home by overseas Pakistanis registered a growth of 15 per cent during 10 months (July-April) 2009/10, according to figures released by the central bank on Tuesday. The

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US willing to install screening facility at Karachi Port

The United States is willing to install $10 million worth of screening facility for containers at Karachi Port for faster clearance of Pak export shipments at American ports under the

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Traders agree to close shops at 8pm

A delegation of city traders led by the Karachi Chamber of Commerce and Industry (KCCI) has conditionally agreed to close their shops and business activities by 8pm daily. However, they

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Additional weekly holiday to cause $2.5bn loss a day

KARACHI: The recent measures especially the additional weekly holiday may result in a loss of 2.5 billion dollars through export- oriented business per annum and also result in job losses.

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‘IT, mobile phones to enhance financial system’s accessibility’

The use of information technology and mobile phones will enhance the financial system’s accessibility in the country, said a top official of the central bank on Thursday. Addressing the 8th

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Petrol consumption seen rising by 18% over next 3 months

KARACHI: The consumption of petrol is expected to average at 180,000 tons over the next three months, 18 percent higher than the first eight-month average of the current fiscal year.

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Flour mills ask for permission to export wheat

KARACHI: Pakistan Flour Mills Association has demanded of the government to provide a subsidy of Rs500 per bag to the mills and also give permission to export value-added wheat products,

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Exporters want horticulture company’s head office in Karachi

KARACHI: All Pakistan Fruit and Vegetable Exporters, Importers and Merchants Association has demanded shifting of Pakistan Horticulture Development and Export Company head office to Karachi, said a statement issued here

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IMF wants Pakistan to peg fiscal deficit at 5.1pc

KARACHI: The International Monetary Fund (IMF), likely to approve $1.2 billion loan for Pakistan during a board meeting scheduled to be held on May 3, wants Islamabad to peg the

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Power utility suffers around Rs75bn losses

KARACHI: Factories in the industrial hub of Karachi are enjoying an uninterrupted power supply, thanks to Karachi Electric Supply Company, which is resorting to a three-hour power cut for its

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Boulton Market traders get tax exemption

The Governor and Chief Minister of Sindh performed the ground breaking ceremony on Tuesday for the reconstruction of 19 buildings hit by arson in Boulton Market last December. The two

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Pakistan trade

Remittances register 15pc increase in July-April

US willing to install screening facility at Karachi Port

Traders agree to close shops at 8pm

Additional weekly holiday to cause $2.5bn loss a day

‘IT, mobile phones to enhance financial system’s accessibility’

Petrol consumption seen rising by 18% over next 3 months

Flour mills ask for permission to export wheat

Exporters want horticulture company’s head office in Karachi

IMF wants Pakistan to peg fiscal deficit at 5.1pc

Power utility suffers around Rs75bn losses

Boulton Market traders get tax exemption

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