Economy

Pakistan’s Basmati Rice Exports Have Taken a Hit: DG Commerce

Commerce Ministry informed a National Assembly Panel that Pakistani’s Basmati rice exports to Saudi Arabia, United Arab Emirates (UAE), and Kenya have taken a hit due to various reasons and highlighted steps being taken by the government to revive the …

Economy

Govt to Start Paying Full Dividends for State-Owned Companies in PSX

The federal government is considering paying maximum dividends to shareholders from the profit made by state-owned companies listed in the Pakistan Stock Exchange (PSX).The proposal is being considered with an aim to bring down the soaring circular deb…

Economy

Pakistan Overtakes China in Denim Exports to the US

Pakistan has surpassed China in denim apparel exports to the United States (US), as per international media reports.According to an analysis of Apparel Resources – an India-based textile trade publication – Pakistan’s annual exports of cotton-made clot…

Economy

Traders Should Use Alternative Trade Routes Between Pakistan and Azerbaijan: Finance Committee

The National Assembly’s Standing Committee on Finance met earlier today under the chairmanship of PTI MNA Faizullah Kamoka and received a briefing on the trade ties between Pakistan and Azerbaijan.During the meeting, Deputy Governor State Bank of Pakis…

Economy

State Bank to Finalize Monetary Policy This Friday

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to prepone its next meeting from 26 November.It has issued a press release in this regard that read: “The MPC will now convene in SBP Karachi on Friday, November 19, 20…

Economy

Coca-Cola Places its Largest Order with Waves Singer Limited

Waves Singer Limited will produce 25,000 coolers of different variants for its client, Coca-Cola, which will be the latter’s largest-ever order.It has received a corporate order worth Rs. 1.438 billion from Coca-Cola, as per a stock filing.This is Coca…