Business

Despite persistent elevation, this marks second consecutive week of downturn

Report highlights that decline in recovery of bills has exacerbated crisis

Jan inflation stands high at 28.3%, in line with finance ministry’s projection

Challenges short-term business confidence, despite promising medium-to-long-term outlook

KSE-100 index rises 414.56 points, settles at 62,393.74

Despite outflows due to foreign debt repayment, the reserves remain robust

Present recommendations to 2024 government, advocate for consistent industrial policy

Trade gap contracts nearly $8b in first seven months of FY24

Govt backtracks; agrees to making principal, interest payments from budget

270+ customers and 150+ suppliers worldwide place the Group at the forefront of international trade

Diesel rate also goes up by Rs2.75 for Feb 1-5 fortnight

Finance ministry conceals critical information, violates fiscal laws

With uptick, currency has cumulatively surged 9.87%

Liberalisation sparks confidence amid forex reserves surge, traders eye greenback surge

Energy sector undergoing massive transformation as world was increasingly focusing on green technologies

Attributed to elevated reference fuel cost, reduced hydropower availability in Dec 2023

KSE-100 index rises 137.44 points, settles at 61,979.18

Monthly outlook report anticipates inflation to remain around 27.5% in Feb

Under IMF arrangement, shortfall of over 1% may necessitate a mini-budget

Looks for $20b investment in exploring huge gas reserves

Lifts 2024 growth outlook, predicts ‘election year’ could boost economic activity

Aims to rein in swelling energy import bill that will double in seven years

DISCOs seek to recover staggering Rs81.5b via quarterly adjustments for second quarter FY2023-24

Shipping association urges reforms as costs threaten key exports

KSE-100 index dives 931.98 points, settles at 61,841.74

HCCI president expresses concern, says pre-election uncertainty shows immensity of challenge

Despite economic challenges, including inflation, high business costs, sector showcased robust performance

Currency hits 3-month high at 279.55 against dollar

Expected to fetch $3 billion this year as India curbs exports and demand rises

Rajput credits this positive shift to strict fiscal discipline, adherence to conditions of IMF Standby Agreement

Market saw fourth straight day of substantial selling, causing a cumulative drop of about 4.60% or 3,000 points

A Federal Tax Policy Board will be established within Revenue Division as part of approved reforms

IMF programme becomes root problem, prevents SBP from lowering key rate

Govt will auction 300MHz of spectrum, extend optic fibre network

Offshore investors will be focused on how Chinese authorities treat foreign creditors when company fails

PM asks provinces to take over 68 projects costing Rs121b, stops spending on MPs’ schemes

Anticipates inflation hitting 23-25%, unveils plans for new currency notes

KSE-100 index slumps 1,039.34 points, settles at 62,773.72

Closes at Rs279.64 against greenback

Sign five new agreements aiming to support recovery

Current trade volume of $209 million was considerably lower compared to other Association of Southeast Asian Nations

Setting up of first such company will end speculation

They are making significant inroads, transforming American real estate landscape

Governor Jameel Ahmad says inflation currently at ‘elevated’ level but would ease from March

Negative productivity growth rates coincide with timing of election years

Institutional framework of tax system has remained mostly unchanged for a century

Second phase of CPEC faces specific challenges unique to its framework

Despite subsidies and social programmes, inflation has driven 5% rise in poverty

Company earlier said it had identified networking issue impacting portion of the Teams service.

Say curbs on trade with Afghanistan hurting Pakistan’s economy