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Crisis in Greece: IMF’s Lagarde says restructuring should suffice
Also weighing in on China’s stock meltdown, she says slowdown was unavoidable.
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Auditing pension system: Minister orders probe of 600,000 ‘ghost pensioners’
Special panel to review system, point out malpractices, suggest remedial measures
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Weekly review: After disastrous start, market recovers most of its losses
Bourse recoups losses on recovery in oil prices, positive domestic developments.
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Food security: First meeting of NFSC remains pending
World Food Organisation keen on extending financial support
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Brunei keen on enhancing trade ties
High commissioner expresses wish to deepen trade relations
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Corporate result: Indus Motor’s profit up 135%
Earnings recorded at Rs9b during FY15; somewhat below expectations
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Body to develop plans for power projects
Will come up with recommendations in two weeks
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Market watch: Oil leads the way as index closes at 34,447
Benchmark KSE 100-share index rises 486.18 points
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Centre to consult provinces on regulating LPG market
Prices for domestic consumers will fall if new LPG policy is approved
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Research centre on its way to boost agriculture
International crop improvement facility being roped in
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Govt’s policy to eat up tractor manufacturers’ market share
Imports from Belarus to hit domestic players and employment base
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Despite tax hike, big banks continue to shine
Net income of five largest banks registered increase of 12%
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Cabinet approves three-year trade framework
Trade policy in contradiction to ‘Vision 2025’ that targets exports of $50b
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The loan write-off non-issue
Gone are the days when banks used to need public bailouts. Instead, banks today are some of the largest taxpayers
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In a first for Pakistan, Lodhi rings NASDAQ's bell to mark independence day
This is the first time the stock exchange has opened its doors to an ambassador from Pakistan to ring the opening bell
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Asia extends global stocks rally as upbeat US GDP soothes sentiment
On Thursday, the S&P 500 recovered about half of its 11% drop over six days. Japan's Nikkei stock index was up 2.4%
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IMF probing govt’s numbers on last year’s fiscal deficit
Investigation comes after independent experts challenged govt’s claims
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Shortfall: Absence of political will behind low tax revenue
PIAF chief says low collection has affected development strategies
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Forex: Reserves go down 1.1% week-on-week
The SBP made payments of $94 million on account of external debt servicing during the week
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Thal Limited’s profit up 87%
Earnings stand at Rs2.8b compared to Rs1.5b earlier
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Fatima Fertilizer’s earnings double to Rs6.8 billion
Company outperforms KSE-100 index as higher sales drive revenues
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Standard Chartered Bank profit rises 5.7%
A growth of over 9% has been recorded in deposits since the start of this year
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Corporate results: KASB Corp posts net loss of Rs12.5 million
Loss 36.2% higher than that incurred in six months of 2014
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Direct flights: Turkish Airlines to fly from Islamabad to Baku
Pakistani travellers now have the option to travel to 180 destinations throughout the world
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Market watch : Bourse soars with the aid of oil, cement stocks
Benchmark KSE 100-share index rises 423.87 points
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NAB starts probing LNG imports from Qatar
Investigators visit head offices of PSO and SSGC, seize relevant record
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PIA to lease seven new jets, expand fleet
Also in talks with Airbus and KLM to upgrade its engineering facilities
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Pakistan’s accession comes at auspicious time, says Dastgir
Sufficient safeguards are available if India also becomes a signatory
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Banking sector’s spread shrinks to 5.47% in July
Lending and deposit rates difference averaged 5.79% in the preceding month
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SBP faces calls of abandoning Rs5,000 banknotes
Deputy governor of central bank agrees on the need for a study
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Dar’s dollar Dolby
The external sector is the worst performer in the PML-N’s handling of the economy
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Tax return: KCCI requests FBR for date extension
Kasumbi requested the FBR to extend the date while considering the entire period of Hajj
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Under price pressure, OGDCL profit slips 30%
Earnings stand in at Rs87b in FY15 over Rs123.9b in FY14
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Corporate results: Nestle Pakistan’s earnings up 34%
Amount to Rs6.2 billion during six-month period
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Amid increasing demand, broadband subscriptions up 7%
Growth due to rollout of 3G, 4G networks; mobile broadband users clock in at 14.6m
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Market watch: Volatile index ends negative
Benchmark KSE-100 index falls 261 points
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Personal tracking devices launched
TPL Trakker looks to create foothold in potential market
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Pakistan wants zero tariff on 70% items
In return, country will offer the same on 40% of Chinese goods
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First water management policy on the cards
Global climate change impacting Pakistan’s precious water resources
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SSGC, K-Electric spar over payment of gas bills
Former says power utility defaulting since 2008, K-Electric insists it is paying bills regularly
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SBP deputy governor’s appointment raises eyebrows
Selection viewed as a conflict of interest, violates central bank’s Act of 1956
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More people on airplanes right now than taxpayers in Pakistan
Report argues better tax collection will pay for itself; fiscal fragility will worsen if tax crisis not addressed
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Mills shut down in labour dispute
Labourers demand better working conditions, safety measures.
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Demerger: GSK to split into two
After the demerger, the notice said GSK Healthcare Pakistan will be listed on the Karachi and Lahore Stock Exchanges
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Clearing the air: PIA responds to PALPA’s claims
Plicy, the PIA spokesperson said, only envisaged the outsourcing of major airports like Lahore, Islamabad and Karachi
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SME conference: ‘Rupee devalued in line with global currencies’
SBP deputy governor dismisses notion that exporters’ demands were met.
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Finance matters: Experts ‘under pressure’ to compromise ethics
CIMA report finds workers in Pakistan reporting pressure have increased.
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SECP raises capital requirements
Will be applied in a phased manner until 2017.
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Pak-Iran: Framework of five-year trade, investment plan under way
Ministry of Commerce holds meeting to deliberate ways to enhance trade.
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LNG deal to be signed with Qatar in six weeks, says Abbasi
Power producers, however, have not yet provided payment guarantees.