Business

Inflows from Saudi Arabia and UAE continuously declining

Exports during 5-month period increase 10.5%, but foreign shipments into country more than offset surge

Change in import procedure, demand from ride-hailing services contribute to the increase

SECP gives approval whereas interior ministry has been informed about the hiring

Both sides spent considerable time on issue of picking site for industrial zones

SBP says demand and supply is determining rupee-dollar parity

Premier describes hotel in New York as an important historical building owned by state

Benchmark index loses 1.53% to settle at 38,481.70 points

Recently, US-based company shifted low-end jobs from India to Pakistan

Private entities should only be answerable to shareholders

Pakistan stands at 152 out of 163 countries in the Global Peace Index

Import curbs should be done away with to improve supplies.

90% of investment planned in SEZs can come only if estimated number of Chinese companies actually relocate to Pakistan

PFC wanted to educate people about the value of owning fine hand-crafted furniture

Economic pressures persist despite robust exports, manufacturing

Over 80 representatives from Chinese companies expected to be in attendance

Association claims pending amount has increased to Rs205b as of November

Petroleum Division asked to collect Rs2b by imposing levy on imported LPG as well

Political noise takes toll on investors; rupee weakening provides respite on Friday

Govt seems unwilling to accept such a condition as it would hurt its functionality

The theme of this year's conference would be "Unleashing Shared Prosperity through Economic Integration."

This upgrade will provide software enhancements in the form of improved quality, security, reliability

The index for the group stood at 215.13 points against 215.54 in the previous week

A number of sugarcane growers from various parts of the district held protest demonstrations

Central bank borrowed $5.8b from commercial banks to shore up own kitty

Several offerings delayed due to underperforming stock market

Murad Ali Shah invites firms to increase investment, assures full cooperation

Two-day event will include several workshops, one-on-one sessions

Feasibility study to start soon, Moscow willing to finance

ICCI official says exporters of both countries need to focus on diversification

SBP says current account deficit pressures have persisted, leading to the adjustment in the inter-bank exchange rate

Pakistan can learn from Japan where large corporations like Toyota and Honda started as small factories

Development aims to facilitate efficiency, greater information sharing

Reports of rupee losing value served as positive trigger for some sectors

The eighth largest sharemarket in the world will replace its current system with the distributed ledger technology

Senior Chinese diplomat says China will provide Panama with whatever help it needs

Pressure on currency has significantly increased in the last few months

International Monetary Fund has repeatedly said that Pakistan’s rupee is overvalued by 5-20%

Power secretary promises 3-year imprisonment for guilty officials

PTEA demands regionally competitive prices to secure edge in international markets

Regulator sets old rate that stands at Rs12.09 per unit, new price is Rs8.86

Financing will come from FY18 public sector development programme

Move comes after a tax officer concealed Rs92b worth of sales of the company

Earlier, gas processing had been suspended for a few days

Millers’ association in Punjab demands similar incentive amid threats to suspend crushing

However, central bank was quick to add that on December 5 it received $2.5b from bond issuances

Benchmark index drops 2.81% to settle at 38,784.66

Warning comes a day after regulators in Beijing drafted new rules to strengthen bank funding

Business leaders call for setting up independent tax commission

Technical training of the service delivery organisations would also be undertaken through this project