RIYADH: The value of point-of-sale transactions in Saudi Arabia reached SR40.5 billion ($10.8 billion) in October, up 1.2 per cent, compared with the previous month, Arab News quoted the Saudi Central Bank, as saying. Some of the sectors that helped drive the increase were restaurants and cafes, hotels, food and beverages, clothing and footwear. For … Read more
ISLAMABAD: The Large Scale Manufacturing (LSM) sector grew at a 16-year high of 14.85 per cent in FY 2021, a senior government official said. In a tweet, Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood said that the de-industrialisation that was taking place in Pakistan has now been reversed and this … Read more
KARACHI: The Federal Board of Revenue (FBR) has implemented electronic monitoring of sugar production to prevent revenue leakages, sources said on Tuesday. The track and trace system for sugar products has been implemented from July 1, 2021 for the monitoring of production lines, a senior official of the revenue board said. Through a notification on … Read more
