Tue, 21-Oct-2025

Watch Live

logo-black

Download App

اردو

TRADE

Pakistan, Oman vow to enhance trade relations

by

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry acting president congratulated the Omani counterpart on his appointment as the Oman Chamber of Commerce and Industry (OCCI) chairman and expressed the hope that the trade relations between Pakistan and Oman would further strengthened and expanded under the stewardship of Eng Redha Al Saleh, a … Read more

Gwadar to become trade hub, ensure regional prosperity

by
gawadar

QUETTA: President Dr Arif Alvi on Tuesday said that in the near future Gwadar would become an important trade hub by connecting Balochistan with Central Asia and result in economic development of the region. Talking to parliamentarians at the Governor House, the president said regional connectivity would result in economic activity and ensure win-win situation … Read more

Exports increase 17.3% in July: adviser

by
Pakistan’s trade deficit swells 34% to hit $31 billion in FY21

KARACHI: The overall exports of Pakistan surged 17.3 per cent to $2.35 billion in July 2021, compared with the exports of $2 billion in July 2020, a senior government official said. In a tweet, Adviser to the Prime Minister on Trade and Commerce Abdul Razak Dawood said: “These are the highest-ever exports in the month … Read more

Dubai Customs opens Trader Export Report service 

by

DUBAI: The service will help businesses overcome the challenges to meet best trade and customs facilities and enhance compliance, abidance and revenues under the trade activity in Dubai. The service launched virtually in the presence of Ahmed Mahboob Muabih, Director General of Dubai Customs, and Khalid Ali Al Bustani, Director General, FTA, along with Dubai … Read more

Trade in medical goods up 16.3% in 2020: WTO

by
Medical Trade

GENEVA: Trade in medical goods registered growth of 16.3 per cent in 2020 compared with 4.7 per cent growth in 2019 when the Covid-19 pandemic was just starting, according to the World Trade Statistical Review 2021 issued by the World Trade Organisation (WTO). Exports of medical products, including medicines, medical equipment and PPE, rose by … Read more

Pakistan, Hungary want to further boost trade ties

by

ISLAMABAD: Pakistan and Hungary have expressed the desire to further strengthen cooperation in economic and trade, investment, industry, agriculture, water resource management, information technology, energy, healthcare and pharmaceutical, sports, culture, education and parliamentary exchanges. This desire was expressed by the two sides during the fifth round of Pakistan-Hungary Bilateral Political Consultations (BPC) held in Budapest. … Read more

China-ASEAN trade skyrockets by 85 times in three decades

by
Trade between China and ASEAN

BEIJING: Trade between China and the Association of Southeast Asian Nations (ASEAN) has skyrocketed by 85 times since the two sides established their dialogue relations 30 years ago, official data showed. China has remained ASEAN’s largest trading partner for 12 consecutive years, said Ren Hongbin, assistant minister of commerce. In 2020, ASEAN also became China’s … Read more

President Alvi seeks effective tax system to ensure ease of doing business

by
President Alvi

ISLAMABAD: President Dr Arif Alvi on Friday stressed the need for an effective taxation system in the country to ensure ease of doing business and encourage people to join the tax net. Addressing the public awareness seminar on the Federal Tax Ombudsman (FTO) at the Aiwan-e-Sadr, the president said tax evasion could prove detrimental for … Read more

Pakistan-Italy trade surplus reach $300 million in FY 2020/21

by

ISLAMABAD: Pakistan has posted a trade surplus of $300 million with Italy in the fiscal year 2020/21, which was 49 per cent higher than the previous year of 2019/20, a diplomat said. Talking to newsmen through a ‘Zoom Link’, organised by the Embassy of Pakistan in Rome, Ambassador of Pakistan to Italy Jauhar Saleem said … Read more

Bitcoin climbs in Asian trade 

by
Woori Bank

SINGAPORE: Cryptocurrencies popped to the top of recent ranges on Monday as short-sellers bailed out in the wake of a strong week and traders hoped a handful of positive comments from influential investors might signal a turnaround in fragile sentiment, agencies report. In Asian trade, Bitcoin rose as far as 12.5 per cent to hit … Read more

China imposes sanctions on US officials

by

      China is imposing sanctions on several US individuals and organisations in response to recent US sanctions on Chinese officials in Hong Kong. Those targeted include former US Commerce Secretary, Wilbur Ross, according to published reports on Saturday. The counter-sanctions come days before US Deputy Secretary of State Wendy Sherman is due to … Read more

Key to counter REvil attack discovered

by

After the July 2 incident of ransomware attack, the affected US software firm Kaseya has able to get access to the universal decryption key to catch REvil ransomware attack that targeted its managed service provider customers, worldwide. The company late Friday has announced finding of the decryption tool some 20 days after the attack as … Read more

Iran Opens Its First Oil Terminal in Strait of Hormuz 

by
Iran

KARACHI: Iran opened its first oil terminal in the Gulf of Oman, a move that will allow it to avoid using the Strait of Hormuz shipping route that has been a focus of regional tension for decades. “This is a strategic move and an important step for Iran. It will secure the continuation of our … Read more

Trade connectivity with Uzbekistan to improve regional prosperity: PM

by

TASHKENT: Prime Minister Imran Khan on Thursday said that Pakistan’s connectivity with Uzbekistan in trade and bilateral spheres would open up new avenues of prosperity in the region. “Pakistan has immense potential to connect Central Asia with [the] rest of the world and become a hub of trade,” the prime minister said in his address … Read more

Philippines and Vietnam pursue crypto-friendly policies

by
crypto

The Philippines’ national stock market wants to bring crypto assets under its supervision, and Vietnam’s central bank has been urged by the PM to launch a cryptocurrency pilot program.

Both of these countries are attempting to implement new policies to mainstream cryptocurrency.

In Asia, the Philippines and Vietnam are the countries with the most crypto users.

In comparison to their larger Asian peers — India and China, they both look more positive about digital tokens.

China and India aren’t the only Asian countries debating the future of crypto. As the popularity of digital tokens grows, smaller players such as the Philippines and Vietnam are entering the market.

According to the PSE, cryptocurrencies are an asset class that the Philippines Stock Exchange (PSE) can no longer ignore.

They also feel that merging the crypto framework into the existing exchange will make it safer for users to trade on international exchanges.

[embedpost slug=”bitcoin-to-pkr-today-1-btc-to-pkr-on-4-july-2021″]

Read more

PM Imran Khan will begin three-day visit to Saudi Arabia today

by
PM Imran Khan will begin two-day visit to Saudi Arabia today

Prime Minister (PM) Imran Khan is embarking on a three days official visit to Saudi Arabia from today.

According to the details, Imran Khan is visiting the Kingdom on the invitation of Saudi Crown Prince Mohammad bin Salman bin Abdulaziz.

During his visit, Prime Minister Imran Khan will be accompanied by a high-level delegation, including the Foreign Minister and other members of the Cabinet.

Prime Minister’s consultations with the Saudi leadership will cover all areas of bilateral cooperation including economic, trade, investment, energy, job opportunities for Pakistani workforce, and welfare of Pakistani Diaspora in the Kingdom.

The two sides will also exchange views on regional and international issues of mutual interest.

Several bilateral agreements/MoUs are expected to be signed during the visit.

The Prime Minister will meet the Secretary-General of the Organization of Islamic Cooperation, Dr. Yousef Al-Othaimeen, the Secretary-General of the World Muslim League, Mohammad bin Abdulkarim Al-Issa and the Imams of the Two Holy Mosques in Makkah and Medina.

He will also interact with the Pakistani Diaspora in Jeddah.

Read more

“Promoting trade relations with Africa among top priorities,” says FM

by
RSS ideology is an obstacle to peace in the region: FM Qureshi

Pakistan Foreign Minister Shah Mahmood Qureshi said Tuesday that promoting trade relations with Africa is the priority of the Government. According to the details, FM Shah Mahmood Qureshi has left for Egypt on a two-day visit on the invitation of his Egyptian counterpart. In a video message before departure, the Foreign Minister said there are … Read more

European Union ready to work with US on ‘Trade Disputes’

by
European Union

Taking a positive note of the Biden Administration’s move to refrain from imposing additional tariffs on goods, the European Union (EU) has said that it is ready to work with the United States (US) on trade disputes. According to the media reports, the US Trade Representative’s office said it had agreed with US industry that … Read more

PSX Weekly report: KSE 100 Index gains 1018 points

by
PSX weekly report

During the last business week, the KSE 100 Index gained 1,018 points. According to the details, the 100 Index rose 2.3 per cent to close at 44434.

During the week, Rs113 billion worth of share were traded and 2.64 billion shares were traded.

During the week, the market capitalization increased by Rs 183 billion to Rs 8132 billion.

Earlier, the Pakistan Stock Exchange (PSX) witnessed bullish trend on the first day of the new year, the 100 indexes reached a two-and-a-half-year high.

According to the details, on the first day of the new year in the Pakistan Stock Exchange, investors invested in the market and bought and sold generously, which led to a surge.

As soon as the market opened in the morning on the trading board, it continued to rise till the end of the market.

According to a statement issued by PSX, the start of the new year saw a historic rally in the stock market and the 100 indexes reached a two-and-a-half-year high.

[embedpost slug=”pakistan-stock-exchange-once-again-records-a-sharp-decline/”]

Read more

Pakistan attains trade surplus of $210 million with Italy amid COVID-19

by
Pakistan

Pakistan has achieved a trade surplus of $210 million with Italy during the year 2019-20 as the bilateral trade kept on increasing despite COVID-19 and lockdowns. According to a report in Fiscal Year (FY) 2019-20, Pakistan`s exports to Italy stood at $731 million and imports at $521 million. The major exports to Italy include textile, … Read more

Pak Suzuki Announces a Massive Price hike for 3 Vehicles

by
Pak Suzuki Announces a Massive Price hike for 3 Vehicles

Pak Suzuki Motor Company (PSMC) announced to increase the prices of its three vehicles. According to the details, the company issued a circular to all authorized company dealers to increase the prices of Ravi Pickup, Bolan VX Passenger Van and Bolan Cargo Van. [embedpost id=”50366″ slug=”man-buys-expensive-car-with-cheque-he-printed-at-home”] The sources said that the prices of all three … Read more

US Dollar increases by Rs 0.48 in interbank market

by
USD increased

The value of the US Dollar has risen to Rs 169 in the open market. According to the details, after the increasing of the US Dollar in the open market, it has risen by 60 paise, after which the US Dollar has increased from Rs 168.40 to 169 rupees. [embedpost id=”50366″ slug=”latest-gold-rate-in-pakistan-10-august-2020″] The Forex dealers … Read more

All shopping malls to be opened until 9 pm from Aug 10

by
All shopping malls to be opened until 9 pm from Aug 10

Chairman All Karachi Traders Union Atiq Mir has announced to open all shopping malls till 9 pm. According to details, Chairman All Karachi Traders Union Atiq Mir said in a statement that from Monday, August 10, all shopping malls in Karachi will remain open till 9 pm. [embedpost id=”50366″ slug=”punjab-govt-issues-sops-for-reopening-of-cinemas-theaters”] In his statement, Atiq Mir … Read more

Govt assures to resolve Pakistan-Afghanistan transit and bilateral trade issue

by
Govt assures to resolve Pakistan-Afghanistan transit and bilateral trade issue

Advisor to Prime Minister for Industry Commerce and Trade Abdul Razak Dawood Friday assured the business community that their issues and concerns on Pakistan-Afghanistan transit and bilateral trade will be resolved amicably on priority basis. The Pakistan China Sust border will be opened soon for temporarily for the resumption of the bilateral trade which was … Read more

Petition filed to bring Amazon, PayPal in Pakistan

by
Petition filed to bring Amazon, PayPal in Pakistan

An application has been filed in the Islamabad High Court (IHC) seeking annulment of the non-provision of online business facilities and e-commerce policy in Pakistan. The court has sought a reply from the federal government on the petition filed against the e-commerce policy and also directed the Ministry of Commerce and the Ministry of Information … Read more

EU-China Summit opens as trade tensions rise due to COVID-19

by
EU-China Summit opens as trade tensions rise due to COVID-19

China and The European Union (EU) held the 22nd bilateral Summit via virtual conference on Monday (Jun 22). According to the details, President of the European Commission, Ursula von der Leyen, and President of the European Council, Charles Michel attended the videoconference. The conference was also accompanied by High Representative Josep Borrell, hold the Summit meeting … Read more

US Dollar falls 57 paisa in interbank

by
Dollar To PKR: Today 1 Dollar Rate In Pakistan, 15th Jun 2020

The value of US Dollar has decreased by 57 paisa in interbank. According to the data released by the State Bank of Pakistan, the US Dollar has become 57 paisa cheaper in the interbank market. Forex dealers said, the dollar fell from 164.89 to close at 164.32. Interbank closing #ExchangeRate for today: https://t.co/92cqlNQH4w pic.twitter.com/2VYHAaT6G1 — … Read more

Smart lockdown notification issued in Azad Kashmir

by
Smart lockdown

The Azad Kashmir government has lifted the complete lockdown and issued a notification of smart lockdown. According to details, the Azad Kashmir government has decided to issue a smart lockdown for 15 days and issued a notification which will be effective from 12 am tonight. Business centers will be open from 10 am to 4 … Read more

Menu

Latest

Entertainment

Lifestyle