Category: Business

Pakistan

Pakistan Stock Exchange Falls 2,400 Points in Early Trading

KSE-100 opens sharply lower as investor caution and foreign selling weigh on market KARACHI: Pakistan’s benchmark stock index, the KSE-100, tumbled 2,383.82 points during early trading on Tuesday amid heightened market volatility. The index fluctuated between 165,185.08 and 169,237.51 points before noon, signaling strong intraday swings. Among the most active stocks, Hascol Petroleum Limited led […]

India Delays Trade Delegation to U.S. Amid Tariff Uncertainty

NEW DELHI: India has postponed plans to send a trade delegation to Washington this week a source in the country’s Ministry of Commerce and Industry said, following uncertainty after the United States Supreme Court struck down tariffs imposed by former President Donald Trump. The delegation was scheduled to depart Sunday to finalize an interim trade […]

Pakistan Signs 50,000 Metric Ton Potato Export Deal with Uzbekistan

ISLAMABAD: Federal Minister for Food Security Rana Tanveer Hussain announced that Pakistan has established an alternate export route through Central Asia for potatoes, mitigating issues caused by instability in Afghanistan. The government has signed a deal to export 50,000 metric tons of potatoes to Uzbekistan addressing storage and border challenges. The statement came during a meeting […]
Private

Private Sector Leaders Take Control of Pakistan’s Export Development Fund

Legal reforms reduce bureaucratic control, placing industry leaders at the forefront of export policy decisions ISLAMABAD: The government of Pakistan has reconstituted the board overseeing the Export Development Fund (EDF), shifting control from senior bureaucrats to private-sector leaders in a move aimed at boosting efficiency and promoting export growth. Under a new notification, Omer Saeed, […]

Pakistan US Reaffirm Commitment to Expanding Trade and Investment Ties

Washington: Pakistan and the United States have reaffirmed their commitment to strengthening bilateral economic ties, with discussions centering on trade investment and key development initiatives. The understanding emerged during a high level meeting between a Pakistani delegation led by Finance Minister Muhammad Aurangzeb and US Commerce Secretary Howard A. Lutnick. Both sides underscored their shared […]
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