Business

Senator says Pakistan’s dependence on imported gas making situation worse

Points out climate change risks will create food and energy security issues

Signals it will take two years before launching new aircraft programme

Support also comes from rising demand as China eases Covid restrictions

Top tech companies call for one-year delay before rules take effect

Land worth Rs31b acquired for state-of-the-art project

Four sources in Kazakhstan's oil companies also confirmed the renaming of their barrels

The continuous increase in the international crude oil prices also proved to be a negative development for the rupee

The boost for Germany’s export-driven economy came despite a collapse in trade with Russia over recent months

Nevertheless, the consensus forecast was for annual inflation to rise to 76.55%

Minister asks private sector to lend helping hand to govt

Provides money to banks for longer period to push for interest rate cut

Discrepancy found in price data gathered for Sensitive Price Indicator

PM stops SBP from getting banknotes printed abroad for 75th Independence Day

Term it unprecedented that will unleash new wave of inflation

PM says PTI govt gave relief to masses only after realising that vote of no-confidence was going to succeed

The vehicle will be specially customised for Pakistani roads, hence accenting the finest safety and anatomy features

Planning to increase property valuation rates for entire capital city

OGDC spokesperson insists existing MD performing duties to board’s satisfaction

PRGMEA urged the government to take quick action against load-shedding for the export industry

Deficit widens 58% as imports surge to $72b, putting pressure on forex reserves

Additional tax concessions sought for zones in upcoming budget

Traders say it will jack up business cost, open floodgates of inflation

Chinese technology helps Pakistan increase rice yield

Says high global commodity prices will lead to widening of current account deficit

Central bank cites external debt repayment as reason for decrease

The rupee had been on the downtrend since hitting 22-month high at Rs152.27 in May 2021

Minister says Pakistan in dire need of water and low-cost electricity

Ford Motor to invest in assembly plants for production of both electric and gasoline-powered vehicles

Benchmark KSE-100 index sheds 518.13 points to settle at 42,237.91

Also withdraws condition that Pakistan cannot use proceeds of $2.3b commercial loan

Minister emphasises govt striving to turn around economy

PBS attributes highest pace in 2.5 years to exponential growth in prices of perishable food and transport groups

PRA collected Rs14.22 billion during May 2022

POL price hiked by Rs30; power tariff Rs7.9

Insists relief in duties on raw goods will give boost to exports

Envoy says top Chinese dairy enterprises keen to make investment

The rupee had been on the downtrend since hitting 22-month high

Businessmen stress economic diplomacy key to getting fruitful results

Move aimed at accommodating projects of ruling coalition in budget

Deputy finance chief says Pakistan facing critical time, should change course

Global report calls it significant amount that can be used to improve living standards

Company official says expensive electricity production is no more viable

Country rep says wide-ranging steps to repair macroeconomic stability needed

Dilawar Syed says huge potential for partnership with Pakistan

Demands end to unchecked budget subsidies for exporters

Terms Shariah court’s ruling for conversion step in the right direction

The meeting discussed matters related to IT exports and financial incentives for the IT

Say duty relief will give fresh boost to fibre use in textile industry

Auto firm chief terms HEVs immediate solution to forex outflow