Business

FinMin says govt will streamline process for profit repatriation

Index gains nearly 1,600 points as investors resort to robust buying

LCCI urges PM, FinMin to consider flood disruptions, technical glitches and risk of penalties for taxpayers

Food processing, tourism, skills training and IT among key PBIT initiatives aiming for $50b in exports

OGDC's five new discoveries reflect Pakistan's vast hydrocarbon potential

Bristow, who became CEO in 2019 when Barrick acquired Randgold

New plan cuts 7,000MW projects; stresses transparency, affordability and reliance on local resources

Metso to supply modern equipment, train local workforce, expand presence in copper mining

Internationally, safe-haven asset crosses $3,800/oz on geopolitical tensions; silver also at record high

At public hearing, NEPRA asked to approve tariff hike of 19 paisa per unit

Authority says no general extension will be granted, only 15-day individual relief allowed under specific conditions

KSE-100 index gains nearly 1,600 points amid buying spree throughout the session

Rate for 10 grams rises by Rs5,058

Adjustments will be made after prime minister's approval

The more the govt spends, the more it resorts to taxation and borrowing; simply put 'govt spending is taxation'

Financial position of developing states remains fragile; they can dip into crisis as confidence of lender drops

Natural deep ditches can be turned into rainwater reservoirs to reduce wastage

Pakistan's challenge lies in moving beyond gig work to structured, scalable models which requires policy continuity

10% interim dividend breaks decades-long tradition of year-end-only payouts

Any sign of thaw in relations a welcome development in backdrop of trade war reignited by US president

Rising middle class, surging outbound journeys draw digital platforms

Govt assures IMF despite Beijing pushing for timely power payments

World Bank places Pakistani facility 9th in global index; maritime minister eyes regional shipping hub status

A week ago, the PSMA in a statement said that the FBR had halted the sale of sugar across the country

Civil servants explore textile sector’s role in national economy

Duties will be based on number of chips; move aimed at shifting manufacturing to US

Commerce coordinator holds meetings with chambers, banks in Dhaka

Circular debt deal, diplomatic engagements fuel rally in KSE-100 index

High-level Saudi delegation due to arrive early next month

Trade with Central Asia, Kabul surges to $2.4b

Govt banks on inflation, growth and solar imports to recoup Rs190b losses

Adviser proposes new schemes with Riyadh such as Karachi, Gwadar gateway terminals

Tomato, sugar, wheat flour, fuel prices spike; onions, chicken provide relief

Cabinet body backs business registry, foreign investor clearance system and Companies Act review

Envoy says Colombo on path to stability, invites businesses to form JVs

Stresses to shift from transactional to trust-based partnership via economic diplomacy

Consumers to pay Rs3.23 per unit surcharge; govt secures bank deal and IMF backing

Wants to design complete package to encourage refineries to start upgrading plants

Gold falls Rs1,000 despite global rally; FBR cracks down on jewellers for tax evasion

Bulls charge as index rallies nearly 3,000 points on Saudi, circular debt deals

Directorate will operate Cross-border Currency Movement Wing

Businessmen, economists warn over-reliance on power sector is stifling growth

Gold prices drop Rs2,000 to Rs396,800/tola; PKR gains 0.01% to 281.41/$

Plan aims to reduce informality, boost exports and align small enterprises with global market standards

Announcement comes as govt plans flood levy on imported goods raising concerns over inconsistent taxation policies

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Nationwide plan aims to set up modern trade, display centres to energise industry, increase exports

Power and banking stocks drive KSE-100 index past 159,000

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Housing secretary suggests lender act as technical partner, guarantor for private sector projects