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Currency: Rupee strengthens against dollar
The currency market has fluctuated regularly in recent months
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US lawmaker calls for hearing on Amazon’s Whole Foods deal
Says deal could impact neighbourhood grocery stores and consumers across US
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IHC annuls suspension order of Amjad Parvez Janjua
He was PSO MD at the time of oil shortage in early 2015
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Honda to recall about 2.1m vehicles worldwide
Move is meant to replace battery sensors, automaker has received 3,972 US warranty claims
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CPEC praised for enhancing regional connectivity
Experts advise against making the project controversial or political
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Building oil pipeline: Ministry considering floating tenders
After PARCO’s refusal, government is considering options of transporting oil within country
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K-Electric argues tariff structure financially unviable
Says it will reduce company’s ability to finance any future investments
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PTDC upgrading facilities, says MD
Urges keeping the organisation under federal govt for administrative ease
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KSE-100 ends with 554-point gain amid low turnover
Benchmark-100 index rises 1.27% to end at 44,337.44 points
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Government plans to set up incubation centre in Quetta
With one centre already established in Islamabad, others in Karachi, Peshawar and Lahore are under development
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IMF projects Pakistan’s external financing requirements at $16.2b
Estimates have shown external debt at $87.1b, does not fully reflect implications of external vulnerabilities
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Currency: Rupee strengthens against dollar
However, the International Monetary Fund has repeatedly said that Pakistan’s rupee is overvalued by 5-20%
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CPEC to create jobs, new avenues
Says foreign direct investment of $46 billion was coming to Pakistan through CPEC
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Mango Workshop: Experts can resolve farmers’ problems
Mangoes attract foreign exchange through export
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Pakwheels, Pak-Suzuki join hands
Venture aims to launch an interactive, direct-to-consumer programme
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NEPRA urged to undo cut in K-Electric’s multi-year tariff
Uproar during public hearing meant Chinese representatives were unable to speak
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SECP chief Zafar Hijazi looks to arrest stock market’s decline
Pays visit to PSX, says brokers should give positive advice to clients
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SBP’s reserves increase 0.33%, amount to $16.2b
In January, the SBP made a loan repayment of $500 million to the State Administration of Foreign Exchange, China
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Environmentalists say climate change threat to food security
Urge adoption of modern farming techniques, reforestation to cope with problem
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SSGC asked to build LNG pipeline from Karachi to Nawabshah
Move aimed at circumventing US sanctions against Russian company originally tasked with project
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BoI to establish PSEZ cells
'Pakistan has immense potential for ensuring connectivity to international investors'
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PTA reiterates telecom sector’s contribution
Says it has pitched in Rs582b in the last three and a half years
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KSE-100 ends almost flat after intra-day recovery
Benchmark-100 index falls marginally to end at 43,783.55 points
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Miftah Ismail to be appointed Privatisation Commission chairman
Sardar Sukhera to be secretary; conflict of interest could arise
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IMF, Pakistan fail to see eye to eye in assessment of economy
Global lender stresses exchange rate flexibility, while Islamabad remains optimistic
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Rupee strengthens against dollar
However, the International Monetary Fund has repeatedly said that Pakistan’s rupee is overvalued by 5-20%
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Micro-credit outreach grows 22%
Micro-insurance also recorded an increase with sums insured posting a hefty growth of 85%
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PSEB encourages exploring foreign markets
Commits to providing incubation spaces for budding firms
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Industry wants policy reversal, incentivisation
Deplores poor performance of export sector
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Minister urges investment in railways
Says $8b for financing ML-1 has been arranged, effort to fund Gwadar linkage under way
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PTEA concerned over delay in refunds payment
Says government should take practical steps to control falling exports
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PTDC introducing Tourist Information Centres
Tourists can also avail PTDC-arranged transportation facilities to far-flung areas
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KSE-100 falls below 44,000 as investors remain jittery
Benchmark-100 index falls another 328.39 points on Wednesday
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Mango exporters blame airlines for losses
Say they delay shipments, charge exorbitant freights
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Pakistan could eat India’s share of basmati rice exports
New EU regulations work in Pakistan’s favour, says one exporter
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Pakistan looks at inflow of $2b as four auto companies get permission
Official says nine companies have expressed interest in setting up assembly/manufacturing plants in the country
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Pakistan can treble per capita income by reducing fertility
Expert says biggest challenge for country is to enhance access to family planning
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Pakistan’s debt burden high, deficit to exceed official projections: Moody’s
Says economic growth likely to remain below expectations, keeps country’s credit rating unchanged at B3
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Sri Lankan Delegation: Pakistan to export 25,000mt of rice
A delegation of Sri Lanka arrived on Monday to finalise the issue of exporting 300,000 tons rice
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Expediting Trade Activities: Sialkot export zone should be made SEZ
99% of the city’s manufactured products are exported to international markets
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Currency: Rupee strengthens against dollar
The currency market has fluctuated regularly in recent months
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Bank deposits increase 19% to reach Rs11.9tr
Surge attributed to unattractive yields on govt securities, improved macroeconomic indicators
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Marble exports down 32%, amount to $39.46m
Industry official cites lack of support from banks as main reason for decline
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Car sales jump 14% to 213,119 units
Improving macro-economic growth, lower financing rates among reasons
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APBF urges govt to control dollar surge against rupee
Recent depreciation inflicts losses on economy, cost of deals jumps manifold
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Electric car boom won’t spell ‘end of oil’: IEA chief
Says oil will still be needed for ships, planes and trucks
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Pakistan’s trade deficit touches new height, stands at $32.6b
Overvalued rupee, minimal export incentivisation hurting exports
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Chinese delegation arrives to review CPEC progress
Assures government of support in realising full potential of mega project
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‘Not our job to monitor prices’
PSX acting CEO says risk management measures are in place in case of broker default
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Reko Diq gold mine project: Pakistan may face $11.5-billion penalty
World Bank’s arbitration tribunal rules in favor of Tethyan Copper Company

















































