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India halts cement purchases from Pakistan – Newspaper

KARACHI: Indian importers have asked Pakistani cement exporters to recall their containers destined for the country following 200 per cent increase in duty on various products and tense situation arising out after the Pulwama attack. “The industry has started receiving messages from Indian buyers to recall containers. Some exporters have …

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Foreign investment down 17pc – Newspaper

KARACHI: The foreign direct investment (FDI) during July-Jan FY19 declined by over 17 per cent compared to same period last year, according to data released by the State Bank of Pakistan (SBP) on Monday. However, year-on-year inflows during January increased by 2.404pc reaching $132 million from the $128.9m received during …

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