Business

Most market participants expect 1% or more increase in policy rate from current 12.25%

Such arrangement unlikely to be conducive to unity, regional economic integration

Untargeted fuel, power subsidies to benefit rich far more than poor, must be discontinued

Huge mineral deposits in Afghanistan, Pakistan provide avenues to develop value chains

Central bank decision coms as Miftah heads to talks with IMF

Economic czars want political leadership to take unpopular decisions

GSMA proposes tax reduction from 15% to 8% to improve mobile service affordability

Has invested 5b renminbi in seven years to improve living conditions of local people

Firm will enter into new service contracts with existing oil companies

Gazprom had warned that flows would be halted from 0400 GMT on Saturday morning

The US statement said the two countries recognised that closer cooperation on “semiconductors

Aims to insulate consumers from rising prices amid high inflation

Move will counter high inflation, surge in energy prices after subsidy withdrawal

LNG-based plants make highest contribution to power generation

Experts say steps taken by previous govt will generate long-term benefits

PM accepts resignation; planning minister will now get more powers

Falls owing to political and economic uncertainty, concerns about IMF loan

Say country can save billions of dollars by controlling under-invoicing, smuggling

Most market participants expect 1% or more increase in policy rate from current 12.25%

Ambassador hints at signing agreement which will ramp up bilateral trade

They assured that they would positively play a role for women entrepreneurs in every possible manner

During the week under review, average prices of 33 items rose in a selected basket of goods, prices of four items f

Offline and online pavilions will promote high-quality products

Urge it to provide subsidies, modern technology to help control rising costs

Grow 29% in Jul-Apr FY22 compared to exports of $1.7b last year

Penalises Islamabad Electric Supply Company on charges of negligence

Foreigners inject 4-month high capital in sectors like power, banks, electronics

Public debt alone swells to Rs44.4 trillion by end of March 2022

High remittances, lower imports restrict deficit to $623m in April

Loses Rs0.14 against dollar in inter-bank market

Burgeoning trade deficit that has surpassed $39 billion in the first 10 months of the current fiscal year

Minister said that the country’s current account deficit during April came down to $623 million

Benchmark KSE-100 index gains 117.26 points to settle at 43,100.71

Project aimed at transferring redundant technology from China

Govt will still be monitoring everything strictly to ensure demand will be met with affordable prices, says president

Surging global commodity costs inflate country’s import bill to record

Two oil and gas fields closed for annual maintenance

China-based Auto Group plans to enter a joint venture with AKD Group Holdings; set up plant near Port Qasim

'Process has been terminated due to the considerable uncertainty in current market conditions'

Central bank gives no reason for decrease in reserves

IT minister stresses sector needs to upgrade infrastructure to improve services

Say any unwise decision will cause damage to exporting sectors

Meets pre-qualified bidders for Pakistan Steel Mills

Cabinet gives go-ahead to continue Afghan transit trade until new agreement is signed

Former govt failed to resolve chronic issues that lead to external sector crisis

Finance minister gives assurances in virtual meeting with IMF mission chief

Expert says country badly needs resumption of IMF Package

It was informed by SMEDA CEO Hashim Raza in a meeting with the local SMEs

Lament decline in production due to host of reasons including climate change

The forum also discussed the progress on vehicle tracking and verification process by manufacturers and companies