The fertilizer industry sold 5.1 million metric tonnes of urea in the first ten months of 2021, up from 4.6 million metric tonnes during the same period of 2020.In doing so, it met the rising domestic demand by selling 10 percent more urea than it had …
Traders are discontented with the government’s recent decision of setting a minimum price for the export of onions.They claim that the government should not be involved in setting the values of goods as it will lead to their products becoming uncompeti…
There has been a heated debate on the future of oil refineries since the recent shutdown proposal from Farooq Rahmatullah, a member of the Energy Expert Group of Economic Advisory Council (EAC). In the recent proposal, Rahmatullah had suggested that Pa…
Service Fabrics Limited (SERF) has raised its objection against the management of the Pakistan Stock Exchange (PSX) for placing its name in the defaulter’s segment.The company considers the placement of its shares in the defaulter’s segment as unilater…
The Pakistani Rupee (PKR) has posted losses against the US Dollar (USD) for the third time this week as the local unit deteriorated by Rs. 1.3 against the greenback in the interbank currency market today.PKR has depreciated by 0.75 percent from yesterd…
Advisor to the Prime Minister on Finance and Revenue, Shaukat Tarin, on Wednesday appreciated the contribution of the business community toward the uplift of Pakistan’s economy and assured it of the government’s commitment to providing all-out support….
Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin has directed all the provinces to meet their stocks by immediately lifting the imported sugar and injecting it into the market to bring down the prices.He directed this while meeting wi…
The Ministry of Economic Affairs, Government of Pakistan, and the International Islamic Trade Finance Corporation (ITFC) have signed a financing agreement amounting to $761.5 million for the import of crude oil, refined petroleum products, and LNG, etc…
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