Strike by goods transporters causes cargo congestion at Karachi Port

Chinese bank will initially invest $50m, meet financing needs of CPEC projects

Company intends to set up new car plant under Greenfield Investment Category

Says manufacturers are hoping policymakers will withdraw GST instead of giving subsidy on urea in upcoming budget

It is in talks with five companies to market imported products in Pakistan

Despite growth in borrowing, textile exports continue to decline

They lose opportunity to invest and grow wealth, finds study

Benchmark KSE 100-share Index rises 2.39%, closes at 48,743.56

Debt servicing, oil price recovery, weak exports propel deficit

Amounts to $297m in March, total for 9MFY17 stands at $1.6 billion