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Dar meets World Bank president
Malpass assured the minister that the bank would continue to work with the government to help Pakistan
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'Pakistan on brink of debt default'
PM Shehbaz's government failing to save the ‘sinking ship’, renowned economist Steve Hanke says
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IMF chief urges ‘coherent and consistent’ UK policies
Says fiscal policy should not undermine monetary policy
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India allows broken rice exports
On Sept 8, India banned exports of broken rice in effort to augment supplies
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SECP registers 2,434 new firms
With this, the total number of registered companies now stands at 178,733
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Ukraine war to cut gas consumption for decades
EU consumption in 2030 expected to be 26% lower than pre-invasion forecast
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Auto parts, cellphone export potential untapped
Ministry engaged with mobile phone sector to formulate supportive policies
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PRA’s receipts go up 31%
During September, the PRA collected Rs14,248 million, which was 18% higher than last year
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Rupee drops by 0.23%, loses value for 2nd straight day
Selling slows as exporters offload almost all their holdings
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Forex reserves fall treacherously to $7.5b
Due to repayment of commercial loan, interest payment on Eurobonds
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SSGC’s loss shrinks 90% to Rs1.97 billion
Higher net sales and other income help curtail loss
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Historic decline in cotton output feared
Production estimated at 6.3 million bales, down by 43.08%
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Pakistan flaunts IT potential
Aims to host technology exhibition ‘Techspring’ in March 2023
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Govt to shelve coal power project
Decision driven by high cost of imported coal, preference for local resources
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Oil down on strong dollar
Worries about weaker demand, rising interest rates outweighed supply concerns
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How much crude oil does the EU still import from Russia?
US could overtake Russia as main crude supplier to EU, UK
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Digital solutions help rural Pakistan
Post-floods country welcomes first smart IoT farm in Rawalpindi
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PSO wins arbitration, awarded $14.6 million
Gunvor filed case after PSO reduced payments due to overcharged shipments
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Export facilitation scheme on the cards
Customs official assures traders of addressing problems
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Flood-hit areas need 3m seed bags for sowing
Deluge has affected around 4m acres of cultivable land
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PSDP spending cut to just Rs48b
Economic crisis forces govt to sharply reduce development spending
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Auto sales plunge by 51%
Low purchasing power, supply constraints account for nosedive in automotive sales
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Govt to raise Rs7 trillion through bonds
T-bills, PIBs and Sukuk to be sold over the next three-month period
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Pakistani brand EggBox wins the coveted 'Golden Egg Award' in Netherlands
EggBox became the first Pakistani brand to win a prize at the International Egg Conference
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Nissan exits Russia, takes $687m hit
The deal makes Nissan the latest major company to exit Russia
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Regional body strives to develop SMEs
Will work to promote green technologies in Pakistan
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SECP extends IFRS 9 implementation deadline
Extension granted till June 30, 2024 due to economic hardships, capacity issues
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Sealing of capital worries businessmen
business community had already suffered badly in recent years when the Covid-19 pandemic destroyed the industries
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GST harmonisation delayed further
Political polarisation, constitutional challenges hamper sales tax integration
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IMF cuts 2023 growth outlook
A third of world economy likely to contract by 2023
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Permission sought to export sugar
Data shows at least 1.74 million tonnes of surplus sugar will be available by November
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RCCI urges reduction in policy rate
The cost of production has increased many times due to inflation, added Rafiq
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Remittances hit four-month low in Sept
Inflows stand at $2.44b as some overseas Pakistanis opt for unofficial channels
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Uber exits five cities including Karachi
Ride-hailing app also discontinues services in Multan, Faisalabad and Peshawar; drivers can switch to Careem
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IMF likely to relax terms
SBP denies dollar supply to interbank market to support rupee
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Stocks rise on monetary policy
Benchmark KSE100 index gains 126.39 points to settle at 42,211.64
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Industrialists seek role in trade policymaking
Demand industry status for packaging, corrugated sector
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Business leaders welcome appointment of new Sindh governor
Urge Tessori to address longstanding concerns of Karachi businesspeople
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Door open to bilateral debt rescheduling
Dar insists Pakistan will make timely payments to commercial, Paris Club lenders
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PIA shares not up for sale: Rafique
National carrier to increase operational fleet, improve local connectivity
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BITs with EC, South Asia to continue
Govt decides to avoid future investment treaties, cancels agreements posing legal risks
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SBP leaves key policy rate unchanged at 15 per cent
This is the second consecutive monetary policy statement in the past three months in which SBP has maintained the rate
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Stocks climb up on China loan rollover
Benchmark KSE-100 index gains 956 points to settle at 42,085
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Dollar to fall below Rs200, says Dar
Blames previous govt for leaving country on verge of bankruptcy
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H2O2 market faces challenges
Hydrogen peroxide, key raw material for textile, has helped turn around industry
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Pakistan poised to achieve rice export target
Cash crop not significantly damaged, can bring substantial earnings
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Customs working to improve clearance mechanism
AEO programme will reduce cost, provide enabling environment to businessmen
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Investment in new LNG terminals at risk
Increase in capacity of existing terminal may deter new investors
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SBP likely to leave rate on hold
Will wait for economy to stabilise before making next move
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Rupee best performing currency
Records biggest gain of 3.9% on expectation of foreign currency inflows














































