ISLAMABAD - Due to the government’s focus on certain targeted sectors such as housing, agriculture, industry, construction and exports, higher economic growth was recorded along with stabilization during the current fiscal year (2020-21), according to monthly Economic Update and Outlook for May ...

ISLAMABAD: Due to the government’s focus on certain targeted sectors such as housing, agriculture, industry, construction and exports, higher economic growth was recorded along with stabilisation during the current fiscal year (2020-21), according to monthly Economic Update and Outlook for May ...

Foreign direct investment (FDI) fell by over 32 per cent during the 10 months of the current fiscal year compared to the same period in the previous financial year. However, data released by the State Bank of Pakistan (SBP) on Friday showed the country received $1.553 billion FDI during ...

ISLAMABAD: The Board of Investment (BOI) has emphasised that Pakistan and China need to focus and work towards expediting the relocation of Chinese Industry in the Special Economic Zones (SEZs) including Rashakai SEZ. In this regard, BOI Chairman Atif Bokhari met with China Road and ...

The Financial Action Task Force (FATF) is expected to announce later today whether Pakistan has done enough to exit the grey-list as it wraps up its four-day plenary meeting. The FATF president will give a press briefing on the outcomes of the FATF plenary at 4:30 pm Pakistan time. Earlier last ...

A Chinese apparel firm is investing a grand total of $150 million in an industrial park project on Lahore’s border with Kasur. The park will feature state-of-the-art fabric units, dyeing facilities and garment manufacturing units for exporting sportswear from Pakistan to the Americas, Europe, ...

ISLAMABAD: As the export of information & communication technology (ICT) services increased 40pc during the first half (July-Dec) of the current financial year (2020-21), the Ministry of Commerce foresees the exports to cross $2 billion this year. According to officials at the Ministry of ...

The Advisor to the Prime Minister on Commerce and Investment, Abdul Razak Dawood, held a consultative meeting at the Ministry of Commerce (MOC) to discuss Pakistan’s Global Trade in Services for the First Half of the Financial Year (FY) 2020-21 The advisor was apprised at the meeting that was ...

Foreign Direct Investment (FDI) to Pakistan decreased by 29 percent during the first half of the fiscal year 2020-21 (July to December 2020), central bank data showed on Tuesday. According to the State Bank of Pakistan (SBP), Pakistan was only able to attract less than a billion dollars in FDI ...

The digitizing of the key segments of the economy could boost IT export to $10 billion annually, provide significant growth to GDP, attract billions of dollars of foreign direct investment (FDI), and create hundreds of thousands of new jobs within a short time, said Overseas Investors Chamber of ...