Federal Commerce Minister Jam Kamal Khan reiterated the government’s commitment to facilitating trade, industry, and export diversification on Monday. He stated that measures were being devised to promote both local and export-oriented industries. Addressing a media briefing at the Trade Development Authority of Pakistan (TDAP), the commerce minister highlighted the government’s determination t
Foreign portfolio investors are gradually returning to Pakistan’s debt and equity markets after a prolonged absence, marking a significant shift in market sentiment. The short-term external investment has surged by a remarkable 84%, catapulting to a 30-month high, now standing at Rs501.30 billion. According to the weekly update from the State Bank of Pakistan (SBP), the overall investment hit rock
Foreign portfolio investors are gradually returning to Pakistan’s debt and equity markets after a prolonged absence, marking a significant shift in market sentiment. The short-term external investment has surged by a remarkable 84%, catapulting to a 30-month high, now standing at Rs501.30 billion. According to the weekly update from the State Bank of Pakistan (SBP), the overall investment hit rock
The ex-depot petrol rate may decline by Rs13.40 per litre, and high-speed diesel (HSD) by Rs8.19 per litre for the next fortnight starting from May 16, according to an estimate. The premium on petrol is expected to be around $10.30 per barrel, and $6.50 per barrel on HSD, while the exchange rate adjustment is expected to be 12 paisa. However, there are still three days left for the announcement
The fate of 40 state-owned enterprises (SOEs) deemed strategic and essential by respective ministries but not accepted as such by Deputy Prime Minister Ishaq Dar remained undecided after Finance Minister Muhammad Aurangzeb chaired a cabinet committee meeting on Monday. The Cabinet Committee on State-Owned Enterprises (CCoSOEs) refrained from confirming the classification of these 40 enterprises