Tag: Business
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Trade gap grows as export drop hits economic targets
KARACHI (Web Desk) -Two key developments in recent weeks highlight the predicament facing trade policymakers. First, the rising trade deficit is putting pressure on...
Pakistan to set up new checkpoints to curb cigarette tax evasion
ISLAMABAD (Web Desk) – The government on Friday decided to establish new checkpoints to prevent sales tax and excise duty evasion.
According to sources, a...
PSX sees slower activity amid cautious trading
KARACHI (Web Desk) – The Pakistan Stock Exchange (PSX) is experiencing slower trading activity on Friday as investors seem cautious on last days of...
ADB approves $330m loan for clean energy transmission project in Pakistan
ISLAMABAD (Web Desk) – The Asian Development Bank (ADB) on Thursday approved a $330 million loan for Pakistan’s Clean Energy Transmission Project.
Under this project,...
Gold price plunges by Rs5,000 per tola in Pakistan
KARACHI (Web Desk) - The price of 24-karat gold decreased by Rs5,000 on Thursday, falling to Rs426,562 per tola compared to Rs431,562 on the...