ISLAMABAD/LAHORE: National Food Security Minister Rana Tanveer Hussain said on Monday that the government was working to reform the cotton sector, including reviewing the 18 per cent GST on local lint to create a fairer market environment. Meanwhile, the Pakistan Cotton Ginners Association (PCGA) reported a 34pc decline in production against the target set for 2024-25. The minister also anno
The exports of merchandise slowed for the third consecutive month in January due to a slight fall in international demands, the Pakistan Bureau of Statistics said on Monday. On a year-on-year basis, the exports grew 11.83pc in July, followed by 16pc in August, 13.52pc in September, 10.64pc in October, 8.98pc in November, 0.67pc in December and 0.31pc in January. Exports in December 2024 were
Bears took hold of the trading floor on Monday at the Pakistan Stock Exchange (PSX) as shares proceeded to decline 1,500 points. The benchmark KSE-100 index declined 1178.46, or 1.03 per cent, to stand at 113,077.26 points at 12:50am from the last close of 114,255.72 points. Finally, the index closed at 112,745.01, down by 1510.71 or 1.32pc, from the last close. While talking to Dawn.com,
Starlink’s satellite-based internet service has sparked discussions across Pakistan, raising both hopes and questions about its role in the country’s digital landscape. Its potential to address connectivity gaps in remote areas is undeniable, but its integration with existing networks — led by mobile network operators (MNOs) — will be key to realising a more connected Pakistan. Pakistan faces o
Pakistan’s economic and business landscape presents formidable challenges. The manufacturing sector, including large-scale industries and small and medium enterprises (SMEs), is struggling under the burden of high energy costs and excessive taxation. Meanwhile, the service sector is constrained by low per capita income and inadequate household disposable income. Amid these challenges, agriculture