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First shipment made to Uzbekistan under TIR
Consignment, routed through Afghanistan, consists of herbal medicines
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$400 million loan agreement for K-P signed
Funding will help improve resource management for educational, health services
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Indirect taxes drive FBR revenues
Revenue board collects Rs3.78tr in 10 months due to increased reliance on sales tax
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Market watch: KSE-100 ends rollover week in red
Benchmark index falls 600.76 points to close at 44,262.35
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India demand worries knock oil prices from six-week highs
Crude prices also come under pressure from slowdown in China’s factory activity growth
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Indus Motor posts 35% surge in earnings
Profit rises on back of increase in sales volume, currency appreciation
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Ukraine business delegation to visit Pakistan in June
Members will hold B2B meetings, explore joint venture opportunities
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Consumer confidence deteriorates in 1QCY21
Strict restrictions in wake of rise in Covid cases hit consumer trust
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Pakistan’s REER index hits equilibrium
Further gain in rupee, inflation may make exports uncompetitive
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Islamabad, Riyadh to ink loan deal
Discussion will take place on $500m loan during PM Imran’s visit next week
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Govt keeps petroleum prices unchanged
Cumulative revenue impact of the decision will be Rs4.8 billion
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PPL’s profit falls 15% to Rs12 billion
Drop comes due to contraction in sales and other income
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Govt to merge AEDB and PPIB
Move aimed at improving ease of doing business in power sector
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PIEDMC awards Rs8.5b contract
PIEDMC awards Rs8.5b contract
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Privatisation minister reviews progress
Privatisation minister reviews progress
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Rupee strengthens against dollar
Rupee strengthens against dollar
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SBP reserves rise $384m to $16.4b
Central bank cites no reason for increase
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Oil rises as bullish demand outlook offsets India concerns
Both crude contracts climb for third consecutive day
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Market watch: KSE-100 falls below 45,000 amid sell-off
Benchmark index drops 196.01 points to close at 44,863.11
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Foreign exchange: SBP reserves rise $384m to $16.4b
Central bank cites no reason for increase
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Tarin seeks help to steer recovery
Says economy showing signs of growth, but external support needed to maintain momentum
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PTI govt withdraws Rs7,500 prize bonds
Bonds will not be encashed or redeemed after December 31, 2021
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Rupee strengthens against dollar
The rupee strengthened against the US dollar at Rs153.88 in the inter-bank market
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Asad Umar urges traders to follow SOPs
Says reduction in virus cases will help govt consider easing curbs on businesses
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Govt makes changes in transmission line deal
Minister says 660kv HVDC Matiari-Lahore project will bring stability to system
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IT minister seeks Korea’s help in phone production
Urges Seoul to invest in Pakistan as atmosphere is conducive for investment
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UK signals self-driving cars can hit road this year
Will allow hands-free driving in cars equipped with lane-keeping technology
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Experts urge tax hike on tobacco products
Say increase will reduce economic and health costs of tobacco consumption
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President calls for enhancing honey production
Stresses need for modern beekeeping techniques to improve honey quality
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ECC delays approval of IPPs’ arrears
Power Division sought financing to pay first instalment to power plants
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Govt extends date for mango export
Delay in commencement of shipments due to impact of climate change
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ADB projects 2% economic growth rate for FY2020-21
Says GDP per capita of Pakistan will be negative 0.2% in FY2020-21
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Market watch: Stocks extend losses amid lack of triggers
Benchmark KSE-100 index falls 233.75 points to close at 45,059.12
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Oil steady as rising demand outlook tempered by Covid
OPEC+ decided to stick to plans for phased easing of oil production curbs from May to July
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Tete-a-tete with Jadon Niu – CEO realme Pakistan
CEO Jadon Niu shares his insights on what makes realme the fastest-growing smartphone brand in Pakistan
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Saudi Arabia likely to resume oil supply on deferred payment
In October 2018, Saudi Arabia had announced a $6 billion bailout package for Pakistan’s ailing economy
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WAPDA constructing 8 mega projects
Projects scheduled to be completed one by one from 2022 to 2028-29
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Govt assures K-Electric of support
The chairman briefed the finance minister about operations of K-Electric as the main power utility
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State Bank to offer new schemes to expats
Schemes include car financing for family members of overseas Pakistanis, donations via digital banking
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Pakistan, Japan sign $367m debt relief pacts
Relief comes under phase-I of G20 Debt Service Suspension Initiative
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Arab-Pakistan Business Forum being planned
Platform will provide opportunities of joint ventures and investment
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Governor vows to address gas supply issues
Says provision of two fire tenders was a long-standing demand of the association
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Modernisation of dairy sector stressed
President says modern techniques will help create jobs, fetch foreign exchange
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Housing, construction finance grows rapidly
Portfolio rises from Rs148b in June 2020 to Rs202b in March 2021
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Rupee loses ground, closes at 154.5
Currency has dropped Rs1.75 in past two weeks in inter-bank market
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SBP revises current account deficit
Gap widens to $4.4b due to earlier underreporting of imports, loans for PSE
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Economy to maintain recovery pace
Finance ministry expects inflation reading to remain between 8-9.5% in April
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Copper reaches decade high near $10,000
Strong Chinese demand, tight supplies lend support to price rally
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Pakistan gets debt relief of $370m from Japan
The relief has been provided under G20 debt suspension initiative to help fight Covid-19, says official statement
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Market watch: Bourse turns bearish, falls 390 points
Benchmark KSE-100 index drops 0.85% to close at 45,292.87















































