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Power outages blamed on failure to set up new plants
Coalition govt chides previous administration for reluctance to ink long-term LNG contracts
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Pakistan’s economic woes since 2008
Country has conveniently ignored, failed to implement tough structural reforms
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Getting it right on money: where to invest in?
Savers must be careful about investing money at a time of declining purchasing power
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IMF to open aid talks with Tunisia
An IMF mission will be in Tunis from July 4 to initiate negotiations on an IMF-supported programme
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US stocks end higher
Nasdaq Composite Index advanced 0.9% to 11,127.85
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Tesla’s quarterly EV deliveries fall
Production disrupted by Covid shutdown in China
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Mexico’s largest oil refinery opens
President stresses it will help cut dependence on foreign supplies
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Russia may delay gas supplies
Moscow to further reduce or completely halt natural gas deliveries
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Farmers seek credit policy review
Say agri-bank should adopt prudent lending practices, innovative solutions
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CPEC Thar coal project back in spotlight
Work on stalled priority project expected to resume soon
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Stocks end positive, but uncertainty looms
IMF policy draft, $2.3b Chinese loan rollover boosted investor confidence
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Freelancers demand govt backing
Insist country can get rid of IMF loans if they tap full market potential
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Cooking oil imports eat up $3.6b
Pakistan counts more on edible oil imports that meet 86% of demand
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Old guards become part of decision making
Govt notifies body that will shortlist candidates for posts of SECP commissioner
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FBR collects record Rs763b in June
Miftah praises FBR, saying tax collection grew 32% in Q4 of FY22
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Oil jumps nearly 3%
Brent was on track for a loss of 1.2%
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Chip stocks hammered
Micron and AMD have signalled waning demand as red-hot inflation squeezes spending
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SPI increases 3.63%
Average prices of 28 items rose in a selected basket of goods
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Solar energy package on the cards
It will offer subsidy, concessionary loans and help shift govt offices to solar power
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5 more palm oil carrying ships to arrive by July 10
So far five vessels have reached Karachi after Indonesia lifted export ban
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PM calls for boosting IT exports to $15b
The meeting highlighted the role of Pakistani expatriates residing in Silicon Valley
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Govt to exploit hydrocarbon resources
State minister says effective incentives will be provided to E&P firms
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Ministry withholds 150% allowance
Earlier, it was expected to notify executive allowance for civil servants of Grade 17-22
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Govt plans to raise edible oil production to 4.8m tons
Initiative aimed at achieving self-sufficiency in food commodities
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Startups attract $280m investment
Inflows came despite global economic headwinds
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Petrol, diesel sales fall after end of subsidy
Expert says significant increase in petroleum prices slashed their consumption
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Stocks close last session of FY22 in green
Benchmark KSE-100 index gains 243.10 points to settle at 41,540.83
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Two subsidised loan schemes put on hold
SBP stops disbursements for low-cost houses, youth entrepreneurship
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Pakistan-Bangladesh trade to cross $1b
Envoy stresses need for efforts to overcome emerging challenges
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FY23 – a year of consolidation
Political noise, high inflation may disturb economic momentum
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SBP’s forex reserves rise $2.1b to $10.3b
Increase came after arrival of China bank’s loan proceeds
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Exporters demand competitive tariffs
Fear if incentive is withdrawn, they may not meet existing export orders
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Karot power project starts commercial operation
Will provide 3.2b kWh of cheap, clean electricity every year
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PM seeks investment in clean energy
Says steps being taken to remove impediments for boosting investment
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FBR crosses Rs6.1tr tax target
Meets goal for first time in recent history as receipts rise 29% from previous year
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Companies asked to integrate Cloud, AI
Speakers at Transcend 2022 urge businesses to go for digital transformation
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Inflation may accelerate to 15.5%
It will be fastest pace of price hike in 12-1/2 years, driven by energy rates
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Rupee strengthens vs dollar
Pakistan is expected to receive around $1 billion in the next loan tranche
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State Bank uses digital platforms
To create awareness among the farming communities across the country, especially in the underserved areas
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Lack of infrastructure dents mango exports
Shipments of fruit may increase if sea channels are opened
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Collaboration between industry, academia stressed
The delegation visited various departments and display centres on the campus
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Assets identified for floating Sukuk
Finance Division wants to continue Islamic bond programme for budgetary support
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Pakistan a popular seller on Amazon
Over 1.2m vendors of country registered with marketplace
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Punjab beats tax collection target
Receives revenue of Rs168 billion in outgoing fiscal year
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China to help Pakistan maintain financial stability
Will continue to support improvement in people’s livelihood
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SME Bank can help build better businesses
Businessmen call for bank restructuring, redefining its role
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Govt raises Rs1.7 trillion in T-bills auction
Borrows more than double the target of Rs800b for budget financing
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Refineries worried as govt fails to cut tax
Industry also awaits refinery policy with incentives for plant upgrades
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Govt to empower NA speaker, Senate chief
Under proposed amendments, NA speaker and Senate chairman can get additional privileges
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Rupee strengthens vs dollar
China rolled over its loan of $2.3 billion for Pakistan and deposited it with the State Bank












































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