Business

PBC CEO says drop comes in wake of unwelcome environment for investors

Gap calculated at $29.2b in 11 months solely due to import compression

Govt having already increased gas prices by up to 143% during ongoing financial year

Less than 250 people have so far opted for the scheme by paying around Rs450m

Benchmark KSE-100 index falls 1.4% to settle at 34,681.72

Draghi states further monetary policy changes may be needed by ECB

Middle East tensions after last week's tanker attacks cap losses

The loan will provide capital for development across various sectors

KCCI official says govt has been requested to defer legislation for at least three months

Planning minister and Chinese ambassador discuss pace of CPEC projects

Farmers in the province are increasingly turning to latest technological solutions to enhance yields

Tobacco growers urged the government to fulfil its promise of eliminating Rs300 tax

The index for the group stood at 236.88 points against 233.89 points in the previous week

Senate panel objects to declaring trade-based illegal transfer of funds overseas as money laundering

Officials forced to utilise water for Kharif crops instead of conserving it

Currency depreciated to record low of Rs156.96 against dollar

Reza says rupee depreciation, interest rate hike help stabilise economy

Expresses displeasure over proposal for sale of power distribution companies

Chipmakers say Huawei units unlikely to present same security concerns as Chinese tech firm’s 5G

Dr Reza Baqir addresses news conference in Karachi

Benchmark index loses 1.14% to settle at 35,168.82

Currency moved both ways within a range of Rs156.50 to Rs157.07

Govt can bring green revolution by introducing hybrid fuel

PTA and SBP are examples of strong regulators that helped turn around companies

Market fragmentation will prove to be biggest stumbling block

Govt will have to help develop industrial sector, human capital for sustainable growth

Lack of private-sector investment is major factor behind chronic trade deficit

Manila-based lender distances itself from govt's claim

Manila-based lender distances itself from govt's claim

KSE-100 index gains 68 points to settle at 35,573 points

China Mobile has started to invite bids for network construction and smartphone testing

Threaten to observe ‘no export day’ if govt does not reverse its decision

Says there is no option but to redouble efforts for improving economic situation

Experts discuss how federal and provincial govts will implement the decision

Wants extension in tax and duty exemptions from 2020 to 2040

He will arrive this month as Islamabad tries to balance relations with Arab nations

Country's external debt obligations estimated at $10.4b in new fiscal year

Slate govt’s failure in developing national consensus on IMF programme

Sindh sets sales tax collection target at Rs145b for next fiscal year

Amount includes Rs4.7 billion in foreign assistance

Ten more services added to provincial taxation network

Insists businesses will have to pay tax on domestic sales

IMF board decides to take up country’s request for $6b loan on July 3 for decision

Move comes following Washington's withdrawal of key trade privileges for New Delhi

Benchmark index rises 169.88 points to settle at 35,572.95

Distribution firms will recover Rs189.6b from consumers over 15 months

Three other former executives, including founder Arif Naqvi, were charged earlier this year

Attacks on two oil tankers in Gulf of Oman this week give prices floor

World Bank approves package for two projects

Food minister says provincial allocations will also be enhanced to Rs50b