Business

Aims to increase exports from $32b to $100b in next 8 to 10 years

LCCI decries draconian FBR powers, calls emergency meeting

Moves to appoint new chairman amid legal glitch, hiring scandals

Likely to hike June supply by 410,000 bpd amid low compliance

Domestic demand at one-third of capacity; APCMA urges pro-industry budget measures

GB economy likely to see an uplift as tourism rises

High-speed connectivity to boost IT exports, jobs, investment across sectors

Price of gold in global market fell by $23 per ounce, bringing the new international rate to $3,240 per ounce

Eyes sustainable transport in line with govt's carbon emissions vision

Eyes Japan as Gulf prospects shrink for skilled Pakistani workers

Women entrepreneurs seek support for regional trade at South Asian Bazaar

Reserves stand at $15.25b, bullion down Rs1,300/tola, rupee sheds 9 paisa

Imports surge to $5.5b on recovery; exports dip, remittances may fall short

KSE-100 soars over 2,780 points on back of historic low CPI

Urges role in exports, investment to help reach $1tr economy target

Advocates for single digit rate to boost SMEs, drive sustainable economic growth

Raises questions over SBP's high rate policy before MPC meeting

For the week, Brent was on track to fall 7.3% and WTI 6.2%.

According to the State Bank, foreign exchange reserves rose by $9 million, reaching $10.21 billion as of April 25.

Pakistan’s external position is also improving with foreign exchange reserves expected to climb to $14b by end-June.

On a month-on-month basis, inflation declined by 0.8%, compared to 0.9% increase in March and 0.4% drop in April 2024.

The downward trend in gold prices continued on Friday in both international and domestic markets.

The benchmark KSE-100 Index rose by 2.5%.

It will automate trade documentation via faceless operations

Optimism rises for Singapore dollar, Malaysian ringgit as US trade policy weakens greenback

CM's aide discusses Rs616b projects under public-private partnership

Chinese social media hints at willingness to negotiate 145% duties

Microsoft surged 9% to its highest level since late January

Economists call for improving global ties with China, Gulf nations, Türkiye, USA

Pakistan observes labour day with pledges to uplift workers

This commitment aligns with the Prime Minister's SME development vision

Safe-haven asset surged by around Rs50,000 in the last six months

US West Texas Intermediate crude futures eased 15 cents or 0.3% to $58.04 a barrel by 1630 GMT

PRIME reveals 30% losses from Afghan Transit, Rs300b lost to tobacco smuggling

By collaborating with governments, businesses, and regulators, ACCA ensures that financial inclusion is a reality

Tax gap widens despite record taxes; govt spending soars 24%

Trump blames Biden's record for poor show

Pakistan's exports to the USA are around $5 billion.

Haroon backs AI, robotics; new industrial policy introduced to boost exports

Conflicting orders, controversial appointments, misuse of power stall cotton progress

PAEC aims to achieve UN's SDGs by ensuring access to affordable, sustainable and modern energy

Telecom industry urges reforms to bridge digital divide at DFDI forum

War fears, policy rate uncertainty trigger massive sell-off at PSX

Analysts say gold remains range-bound due to conflicting forces in play.

Contractors of Parliament cafeteria, govt departments fail to pay minimum wage, FinMin promises to take action

Govt reports 27% export growth, $700m in new pledges; Kaspersky warns about AI-generated passwords

The revised prices reflect a decrease in both producer and consumer rates for the coming month.

The development came during a meeting of the National Assembly’s Standing Committee on Finance on Wednesday.

The price of gold per 10 grams decreased by Rs 2,915, reaching Rs 296,467.

Officials said macro indicators show signs of stability as budget planning for FY26 gets underway