World food prices rose for a second consecutive month in September to reach a 10-year peak, driven by gains for…
Economy
Razak Dawood reveals investment worth $5 billion is in the pipeline under which 100 new textile units will be established.
“Apart from enhancing export capacity, these are likely to create about 500,000 jobs,” PM’s aide says.
Textile group exports crossed $15 billion during FY21.
Local currency closes the session at Rs170.87 on Thursday with a gain of 0.05%.
On Wednesday, the SBP announced that it would take measures to curb the “undesirable” outflow of foreign currency.
The rupee lost around 8.46% or Rs13.33 against the US dollar since June 2021.
• As dollar hits all-time high at Rs171, central bank places new curbs from Oct 22
• FIA grills owner of major exchange company
Tazah, a B2B agriculture marketplace in Pakistan, has raised $2 million in a pre-seed round led by Global Founders Capital…
Planning and Development Minister Asad Umar on Wednesday said Pakistan did not have a “China debt” problem pertaining to loan…
Talks with IMF commence in Islamabad for another tranhce of over $ 1 billion with implementing harsh conditions of the…
According Pakistan Bureau of Statistics data, Pakistan’s imports mounted to $18.63 billion during July-September 2021-22 as against to $11.28 billion during the corresponding period of last fiscal year, showing 65% growth.