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Emerging risks hamper growth of banking sector
This comes amid contraction in industries’ growth, slowdown in economy
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Assessing new oil and gas sector policy steps
Govt seems to be active and on the right track in the energy sector
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A surefire recipe for absorbing shocks
High forex reserves will help counter exchange rate shocks, control inflation
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The curious case of CPEC Authority
CPEC deals with complex interactions; there is little room for a central authority
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PTI govt for promoting ‘ease of doing business’: Firdous
SAPM on Information pins hope on task force established to boost textile sector
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FBR sets up RAC to boost exports
Makes additional collectors customs in-charge of the authority
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0.3m tonnes of wheat in Sindh devoured by rats
Provincial govt has sought 0.4m tonnes of commodity from Passco
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Stocks gain after weak US job figures
The numbers suggest US economic activity is slowing down
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US states launch antitrust probes of tech companies
First investigation will focus on Facebook, second to centre on Google
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PTI govt restores old gas tariffs for Tandoors
A notification in this regard is expected to be issued by Oil and Gas Regulatory Authority (Ogra) shortly
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US-China trade conflict could take years to resolve: Kudlow
Economic adviser confirms talks between high-level US, Chinese officials in early October
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Canada challenges China’s canola ban at WTO
Carr said in a statement that Ottawa was seeking bilateral consultations with China at the WTO
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Turkey calls on US to lift trade barriers
Washington, Ankara set ambitious goal of quadrupling trade to $100b annually
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‘China plans to invest $1b in development projects in Pakistan’
Envoy terms pace of development projects under CPEC as satisfactory
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KSE-100 endures mixed week
Benchmark index jumps 795 points or 2.7% to settle at 30,467.2
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Pakistani team leaves for Bangkok for FATF talks
Final evaluation will decide whether country will stay on grey list or be blacklisted
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Legal formalities of defunct KASB Bank remain unfulfilled
Bank was handed over to BankIslami in May 2015 in return for Rs1,000 by SBP
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'Tarbela Dam playing vital role for economic stability of Pakistan'
WAPDA chairman says reservoir can still store more than six million acre feet water despite its life
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Fertiliser price expected to rise by Rs200 per bag
Hike likely due to PTI govt's decision to withdraw GIDC ordinance
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Proposal: Punjab to digitise urban land records
The current systems involved for the digitisation of land records do not include urban land
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Inter-Bank Market: Rupee weakens against dollar
Cumulatively, the rupee has depreciated almost 49% since December 2017, according to the central bank
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Big Oil undermines UN climate goals with new projects: report
Investment plans by Shell, BP and ExxonMobil will not be compatible with 2015 Paris Agreement
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PM chairs meeting for workers’ rights
Meeting's focus was on ease of doing business
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PM assures textile delegation of promoting sector
favourable environment and strategic measures could increase exports of this sector up to $40 billion by 2030
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SNGPL to start fresh process for post of managing director
Since March, this will be third attempt to advertise for the position
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OGRA reduces RLNG prices for September
Slashes rates by 8.52% for SNGPL and 8.8% for SSGC consumers
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‘Further taxes will be detrimental to economy’
Official urges govt to refrain from anti-business and anti-industry moves
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Italian companies encouraged to invest in energy sector
Special assistant to PM on petroleum assures complete cooperation and facilitation
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Talks between FBR and traders fail again
Traders refuse to become part of formal economy, which may jeopardise govt plan
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Riyadh to expedite work on $20b investment package
Saudi official says there is resolve to show tangible results before Supreme Coordination Council moot
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Punjab takes measures to boost private sector participation
Governor promulgates Public-Private Partnership Ordinance 2019 for development of province
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Market watch: KSE-100 inches up amid thin trading
Benchmark index rises 252.43 points to settle at 30,467.2
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China, US agree to create favourable conditions for talks in October
Working groups will conduct consultations in mid-September for high-level talks
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Confidence, business and government
Following the withdrawal of the GIDC Ordinance
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‘Govt making all-out efforts to revive textile sector’
PM aide says steps are being taken to attract foreign, domestic investment
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Proposal to set up CPEC authority opposed
Parliamentary body terms it unnecessary, criticises decision to create it through a presidential ordinance
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Rupee likely to depreciate in next 6 months: SBP survey
Report highlights balance of payment pressures as key risk
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'Pakistan can increase IT exports by training youth'
Official stresses forming companies as they are more trusted than individuals
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Cabinet Division settles dispute over mandate of Electric Vehicle Policy
Says industrial policy does not relate to climate change ministry
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PTI govt, stakeholders at odds over cotton support price
Differences also persist on giving tax incentives to agriculture sector
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Market watch: KSE-100 loses ground amid lack of triggers
Benchmark index falls 29.96 points to settle at 30,214.77
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Foreign exchange: SBP reserves inch up $9m to $8.28b
Central bank cites no reason for uptick in forex reserves
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US, China to resume trade talks in Washington in October
World's two biggest economies have been embroiled in a tense year-long tariffs row
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Govt gets licence renewal fee
The government of Pakistan has received payments amounting to $224.6 million and Rs35.262 billion
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PM Imran wants work on ease of doing business fast-tracked
BOI chairman provides briefing on measures taken in this regard
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PARC approves seven new rice varieties for cultivation
Meeting discusses different varieties and their impact on per-acre yield
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Minister opposes cut in special assistants’ powers
Cabinet has barred advisers, special assistants from using powers in decision making and policy formulation
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ECC okays tax concessions to attract hot money
Govt aims to lure foreign money in a bid to inflate foreign currency reserves
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IMF deal could be renegotiated
FBR admits to NA panel it will miss tax collection target
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External pressures weigh on Pakistan's foreign reserves: Moody's
Ratings agency summarises its view in periodic review announcement