Business

FPCCI, BBoIT to showcase mineral, port and industrial potential

Lack of positive cues, high oil prices, geopolitics keep key sectors under pressure

Ambassador urges businesses to forge partnerships, explore new markets, pursue practical projects

Minister says EV charging facilities reflect private sector's efforts to promote clean energy

Completion targeted for Jan 2028; outages limited to feeders with high losses

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Believes clean energy-driven development, local manufacturing will curb trade deficit

Global market moves lower ahead of Fed decision; rupee inches up

Legacy circular debt, cross-subsidies identified as key to viability of restructured entities

Industry contracts 4.7%, govt approves $14.8b import data revision to fill gap

KSE-100 Index settles at 165,966 amid lack of positive cues, subdued sentiment

Oil is the largest risk, bonds are amplifiers; Islamabad's best defence is to protect reserves

Around $40b paid in capacity charges since 2019; pro-seller PPAs need renegotiation

When protest stretches over a week, cumulative shock shaves 0.2-0.5% off GDP

Industry admits 18% GST, not tariffs, hands the informal sector its edge, as import-based revenue falls below 40%

Highest tariff among 70 major exporters; 40% of tariff lines above 15%

Benchmark KSE-100 index recovers late, ends week lower by 670 points

Forward liabilities cut to under $1b from $5.7b; external debt barely rose in three years

Discusses possibility of signing MoU to support SME development

Approves Rs2 billion for interventions under revamping plan

Says Pakistan prepared for winter but attacks on Gulf infrastructure worrying

CCP develops system to uncover concealed patterns of cartelisation in procurement

Hardware companies expect global investment; face scrutiny

Five establishments' licences suspended; FDA alleges contractor-to-broker chain reaching retailers

First Rice Festival held to court Hungarian importers, chefs; recipe book and samples distributed

Visa procedures, LCs and banking channels flagged as key hurdles for Pakistani businesses

Says Pakistan has procured enough energy supplies to last through November, and now planning for winter months

Minister eyes Sukuk, Panda bonds and Eurobond tokenisation to diversify funding

KSE-100 index increases 234 points as geopolitical tensions weigh

Short-term inflation holds above 11% YoY, driven by energy shock from regional war

Delegation shows interest in setting up Chinese pavilion, electric bus and truck manufacturing

To attract foreign investors, PMIF26 being organised in mid-November

Telecom operators were directed to resolve the identified issues concerning mobile network coverage

Talks remain inconclusive as industry warns of Rs10b revenue loss, cites no legal basis

Sequential decline of 4.96% as transport strike hits wearing apparel, auto taxes dampen sales

Portfolio investment records $2.93b net inflow against $631m outflow last year

KSE-100 Index opened near the previous close of 166,186.16

Ahad Cheema says Pakistan will work to amplify voice of developing countries, ensure provision of development finance

Brent crude futures fall 71 cents, or 0.67%, to $105.21 a barrel

Revenue Division proposes imposition of additional duty to discourage imports

Rs32.7b impact on November bills; RLNG at domestic rates eases burden by 83 paisa

Extends rally with rise of 769 points as KSE-100 approaches 167,000

Members align USF strategies on fibre, satellite and AI readiness

Value addition, improved standards will help sector expand global footprint

ITFC to renegotiate terms as credit profile improves; M6 loan pending signature

US crude stocks plunge 8.6m barrels, lifting WTI prices 3%

Total deposits stand at $26.9b; gold steady despite global rally

Govt also secures IsDB backing with $5.6b indicative envelope under 2026-2030 strategy

FBR to present overhaul plan on Oct 19; current target being missed by Rs650b

FBR grants second extension in a month after trade bodies' requests, giving taxpayers until Oct 31 to file returns