Business

Pak Suzuki Motor Company expects non-production days in August

Corridor for Afghan transit trade will boost ties between two countries

Miftah believes energy import pressure will ease in coming months

Businessmen highlight challenges in meeting with Punjab governor

Decline came due to external debt and other payments

Currency falls to fresh record low at Rs239.94; gold price surges record 7%

Finance ministry says inflation will stay around 21% in short term

It comes in wake of higher farm activity, use of urea as DAP substitute

Crude stockpiles fall 4.5m barrels as exports surge to record high

EU countries approved a weakened emergency plan to curb gas demand

Concession will provide Pakistan’s exporters with better market access

Chinese technology, techniques key to success of dairy industry

Ask government, politicians, SBP to lift sinking economy

Security of Chinese nationals also bottleneck in way of putting CPEC on fast track

Zone exempted from all sorts of taxes and duties for 20 years

Gap widens to second highest level at $17.4b due to surging imports

Shrinking forex reserves, delay in IMF loan mount pressure on currency

Government in recent weeks has attempted to curb imports in the face of fast depleting foreign reserves

Meeting told country may face 2.591m MT shortfall

FM raises issue with Miftah; writes letter to PM on exclusion of Foreign Service from 150% executive allowance

Russia’s Gazprom said it would cut daily gas deliveries to Europe via the Nord Stream pipeline

Russia cuts gas supply to Europe through major pipeline

The cuts could be made binding in a supply emergency

Envoy for exploring trade avenues in light engineering, surgical and sports goods

Will disburse funds against approved applications on or before June 30, 2022

Meeting reviews preparation for 11th JCC huddle expected next month

Levying of the sales tax was announced in the recent budget as agreed by the Federal Board of Revenue

Slow growth, high inflation in trading partners will have implications for Pakistan

Hybrid rice from China replaces some backward local varieties

Wants to reap maximum benefits by prioritising IT sector

Analysts attribute currency volatility to political uncertainty

Carmaker earns Rs658 million in April-June quarter

Urge FBR to revise minimum tax slab to save small traders

“Recession is knocking on the door. That can no longer be ruled out,” said Ifo surveys head Klaus Wohlrabe

Industry facing worst crisis in history due to dollarisation

Pakistan borrowed funds largely to repay maturing foreign debt, finance imports

Group discusses potential of trade, economic cooperation

Governor says Pakistan is facing economic hardship, but situation is under control

Some members suggest buying commodity from domestic market

Currency touches new historic low at Rs229.88 against dollar

Suggest rupee-dollar rate can be fixed for 15 days to shield economy

Company’s Sonata 2.0 will now cost Rs7.899 million

Around 1,000 mmcfd can be imported under long-term contracts with Qatar and Eni

Pakistan fails to make serious efforts to attract sizeable investment from G7

Jump in trade deficit has weighed heavily on current account, forex reserves and rupee

It is joint responsibility of communities, forest dept to take preemptive steps to protect natural asset

Pakistan overemphasises on taxes which weakens state’s financial health

US currency stands near 20-year high against basket of its peers

Sets economic growth target of 5.5% for 2022

Bloc seeking additional supplies from Nigeria