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PSX’s annual profit dives 43%
Decline in income from associates, rise in tax payment drive down earnings
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Absence of dams caused flooding
Most Pakistanis unaware of climate challenges, blame sins for catastrophes
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Smuggling hurting tyre industry
60% of tyres are smuggled, causing revenue loss of Rs50 billion to national exchequer
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Inquiry against banks for BISP payments
Cabinet directs finance division and SBP to submit report
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Big industries output shrinks
Shows highest negative growth of 16.5% in over two years
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Auto industry calls for easing import curbs
OEMs restricted to import auto parts as per quota allocated by SBP
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Oil steady ahead of US Fed rate decision
Expected interest rate hike could further sink fuel demand
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Europe burns cash to help businesses
European governments had already earmarked almost €500 billion
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Kenya offers gateway to 38 landlocked states
Envoy asks businessmen to diversify exports, enhance trade
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India considering exporting some stuck rice cargoes
At least 20 ships waiting to load 600,000 tonnes of rice at ports
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Dollar soars to two-decade high
The news propelled the dollar index, which measures the greenback’s value against six major currencies
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ECC okays release of stuck vehicles
Waives taxes, allows importers to take their vehicles after paying surcharges
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Software development house planned
Centre to train 5,000 students, provide digital solutions to companies
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Economy to grow by just 3.5%
ADB hints economic outlook will depend on political stability, external funds
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Rupee hits new low at 240
Recovers partially to Rs239.65 to a dollar before end of trading
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Govt borrows Rs1.4 trillion in treasury bills auction
Raises highest amount of financing through short-term papers
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Country cannot prosper with stopgap financing, says Pasha
State minister calls for undertaking mega structural reforms to spur economic growth
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Apple to raise App Store prices
The latest price rise increases those starting prices to 1.19 euros
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Oil prices drop on expected rate hike
Interest rates likely to rise by another 75 basis points
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Traders ask govt to ensure flour supply
Subsidised commodity has disappeared amid high prices
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Car financing via banks drops by Rs8b
Corrective measures forced decline in auto sales to 26-month low at 11,600 units in August 2022
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KE seeks Rs4.21/unit cut on account of FCA
If approved, KE consumers likely to enjoy relief of Rs7.21b
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PIDE finds flaws in IMF report
Says debt sustainability is a distant dream due to stagnant economy
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Businessmen demand reduction in oil prices
Government already committed to imposing PDL, GST on petroleum products
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Rupee worst-performing currency
Loses crown of best-performing currency in world in just one month
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Google faces pressure in India
Indian regulators have already asked lenders to step up checks against illegal lending apps
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Govt asked to remove ban on gas connections
Businessmen facing trouble due to continuous curbs on energy supply
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LNG company rejects strict terms
Pakistan GasPort finding it difficult to utilise excess terminal capacity
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US investors encouraged to tap into Pakistani market
Pakistan has great economic potential for US investors, says envoy
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Cotton production falls 19%
Country expected to produce 5.5m bales this season
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Oil little changed on rate hike debate
Central banks around world are certain to increase borrowing costs this week
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RCCI concerned over delay in LCs
Factories importing raw material for producing food, medicines and iron are now facing serious supply constraints
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Govt in anxiety over rupee’s slide
PM constitutes committee as FBR, SBP tasked with special measures
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Energy-fuelled inflation forces closure of industries
Businessmen express disappointment with current economic affairs
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Cement demand to remain depressed
Price per bag increased from Rs660 to Rs1,030 due to rise in coal rates
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Navigating the post-floods recovery
Policy response must be calibrated towards changing ground realities
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Overreliance on export schemes
Pakistan has to realise its trade policies for preferential access are not working
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Is it time for a food system reset in Pakistan?
Despite increase in overall levels of food production, number of food-insecure people is on rise
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Sustainable energy isn’t the future, it is the present
Govt needs to declare emergency to boost transmission and distribution capacity
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Biogas helps prevent deforestation
It is viable source of decentralised energy that offers cost-effective solution to rural communities
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Stocks lower on back of rupee fall
Benchmark KSE-100 index lost 269 points to settle at 41,679.49
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OPEC+ likes $100 oil, won’t defend it
Russia and Saudi Arabia to generate greater oil revenue on higher prices
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President Alvi directs SNGPL to revise bill
Rs44,526 charged to a consumer after his gas meter was damaged in firing incident
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Govt asked to pass on price fall benefit
Businessmen say crude, palm oil prices have declined in global market
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Envoy calls for tapping $2.9tr ASEAN economy
Pakistan’s trade with Southeast Asian bloc less than 1%
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Businessmen decry rupee devaluation
Demand urgent remedy as discontent prevails in business, industry circles
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DISCOs oppose solar power plan
Placing hurdles in implementing net metering system for solar electricity
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Pakistan likely to reduce nearly half of soybean import bill
According to analysis Pakistan could reduce its soybean import bill by 30% within one season
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Oil prices up after Basra spill, but set for weekly decline
Expected increase in interest rates by Federal Reserve to reduce fuel demand
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Rupee just Rs3.10 away from all-time low
Drops 0.41% to close at a six-week low against US dollar














































