Sports goods export increased by 2.37 percent
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Sports goods export increased by 2.37 percent

ISLAMABAD: The export of sports goods from the country during the first ten months of…

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Shaikh briefs PM about economic situation
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Shaikh briefs PM about economic situation

ISLAMABAD: Finance Minister (FM) Abdul Hafeez Shaikh on Wednesday briefed the prime minister (PM) about…

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Power demand-supply gap again surges to 4,500MW level
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Power demand-supply gap again surges to 4,500MW level

LAHORE: The shortfall in electricity supply and demand again surged to 4,500-megawatt level on Sunday…

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NEC meets tomorrow to approve Rs.825 b next development budget
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NEC meets tomorrow to approve Rs.825 b next development budget

ISLAMABAD: The meeting of National Economic Counsel (NEC) will be held tomorrow (Friday) to approve…

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Pak economy needs reforms to overcome challenges: Morris
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Pak economy needs reforms to overcome challenges: Morris

LAHORE: Pakistan’s economy requires immediate reforms to overcome challenges because any more delay in initiating…

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Ex-PC economist highlights reasons behind economic woes
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Ex-PC economist highlights reasons behind economic woes

ISLAMABAD: Former Planning Commission chief economist Fasihuddin has said that the lack of consistency in…

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Budget 2012-13: No new taxes!
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Budget 2012-13: No new taxes!

News reports published in the Business Recorder on Friday quoted official sources as having said…

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Taxmen eye marriage expenses, school fees
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Taxmen eye marriage expenses, school fees

ISLAMABAD: The country’s upper-middle and elite classes may have to pay almost Rs100 billion in…

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Water shortage destroying crops
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Water shortage destroying crops

KHANPUR: Acute shortage of irrigation water in canals is affecting crops of sugarcane, cotton and…

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Pakistan can save Rs.200bn annually by enhancing edible oil seed production
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Pakistan can save Rs.200bn annually by enhancing edible oil seed production

: Pakistan can save Rs.200 billion per annum on edible oil import by enhancing of…

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Finance Minister says foreign remittances to touch 13.5 billion mark this year
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Finance Minister says foreign remittances to touch 13.5 billion mark this year

WASHINGTON: Pakistan will receive a record $ 13.5  billion in foreign remittances in a sign…

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‘Economy to grow 4pc by end-FY12’
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‘Economy to grow 4pc by end-FY12’

KARACHI: Federal finance minister Dr Abdul Hafeez Sheikh Saturday said the country’s troubled economy would…

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WB allocates $1.8 billion for Pakistan development projects
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WB allocates $1.8 billion for Pakistan development projects

WASHINGTON: The World Bank (WB) has allocated an unprecedented amount of $1.8 billion for Pakistan’s…

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China gives currency more freedom with new reform
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China gives currency more freedom with new reform

BEIJING: The People’s Bank of China said it would allow the yuan to rise or…

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ADB says Pakistan’s economic outlook expected to stay modest
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ADB says Pakistan’s economic outlook expected to stay modest

ISLAMABAD: The Asian Development Bank says that Pakistan’s economic outlook is expected to stay modest…

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