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Pakistan seeks Korean investment in CPEC projects
PM aide proposes exclusive economic zone for Korean companies
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Stock market fund worth Rs20b faces hurdles
Govt lacks capacity to issue sovereign guarantee under IMF loan conditions
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Furniture-makers to attend US expo
Pakistani furniture exporters would avail the opportunity to study latest designs of products
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Rupee stable against dollar
Cumulatively, the rupee has depreciated almost 49% since December 2017
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Turkish team shows interest in joint ventures
Delegation head says businessmen see ample opportunities in different sectors
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C919 passenger jet on track for debut in 2021
Four jets undergoing more intense test flights and static tests
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Govt decides to turn CDNS into corporation
New organisation will introduce paper-less bonds, provide banking services
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FBR to finalise fixed tax regime after consultation
Seeks proposals from chambers, trade bodies, general public
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Oil sales drop 17% as economy slows down
Total sales stand at 10.68m tons; power plants shift to RLNG
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Discrepancy of up to Rs24b found in tax receipts
Figure reported by FBR is different from cash deposited in treasury
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Govt plans field survey to ascertain wheat stock
Move comes after rise in flour/bread prices apparently due to wheat scarcity
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FBR amends rules for ‘resident Pakistani’
Top tax authority issues ‘corrigendum to circular’ to avoid possible litigations
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Market watch: KSE-100 loses ground after close of rollover week
Benchmark index falls 172.7 points to settle at 31,666.41
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Civil servants taste change in take-home pay
Increase in income tax liabilities dampens raise of 5-10% in salaries
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Rupee strengthens against dollar
Rupee depreciated almost 49% since December 2017
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In a first, hydel generation crosses 8,000MW
Quantum of hydel power share registers increase of about 600MW when compared with that of previous years
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FBR moves to bring small traders into tax net
Unveils drafts of simplified income tax returns to address concerns
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Pakistan needs to carry out essential reforms: Daban Sanchez
IMF official says lack of consistent policies has sparked challenges
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Govt to introduce fixed tax regime for small traders
Traders will not be required to collect CNIC copy on sale of over Rs50,000
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PIA suffers Rs1.8tr loss in past 11 years
Management blames political interference, unjust re-routing of flights
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Pak Suzuki hikes bike, Alto prices
Many people shifting to two-wheelers after increase in car prices
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Exchange firms given free hand to attract remittances
They will focus on countries from where remittances stay low
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Inflation skyrockets to 68-month high at 10.3%
CPI rises on back of surge in prices of housing, transport and food items
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Foreign exchange: SBP reserves jump 2.04% to $7.8b
Increase attributed to official government of Pakistan inflows
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Market watch: KSE-100 sheds 99 points over political instability
Benchmark index falls 0.31% to settle at 31,839.11
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Oil drops below $65 on Fed outlook, ample supply
Fall comes despite a bigger-than-expected decline in US inventories
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LSE unveils $27b takeover of financial data provider
Move marks major strategy shift to provide investors with a wider range of services
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Fed cuts interest rates, signals it may not need to do more
US President Donald Trump says Powell 'let us down'
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Rupee strengthens against dollar
The rupee strengthened against the dollar at Rs159.75/160.25 in the inter-bank market
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Chinese investors assured of support
Gilani stressed that Pakistan was looking for long-term and mutually beneficial relationship with China
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IFC to invest $2.5 million to boost entrepreneurship
Aims to support tech-driven start-ups and spur economic growth
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LPG prices increased for Aug
The regulator increased the LPG price by Rs19.11 for an 11.8kg cylinder for the month
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Private sector termed engine of growth
Minister seeks IFC’s help in enhancing private-sector investment
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IPR violation costs foreign firms Rs757b annually
OICCI says govt loses Rs240b in tax revenue due to IPR violation
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Ceramics industry on verge of collapse
Official points to imports from China, hike in energy prices as main reasons
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Oil prices rise for fifth day after US stocks decline
Investors await widely expected cut in interest rates by Federal Reserve
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Traders announce four-day shutter-down strike
Say their demands, including fixed tax system, have not been accepted
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Market watch: KSE-100 gains 280 points as bourse turns bullish
Benchmark index rises 0.89% to settle at 31,938.48
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LNG import and terminal - controversy rumbles on
Terminal operator Engro insists it will earn only $150m over 15 years
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Govt withdraws hike in gas prices for tandoors
Vendors had started selling naan in the range of Rs12 to Rs15 in different cities – up from Rs10
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SPI moves up 0.18%
The index for the group stood at 244.42 points against 243.85 points in the previous week
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Rupee stable against dollar
The IMF has asked Pakistan to end state control of the rupee and let the currency move freely
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LNG use helps reduce oil-based power production
Overall power generation rises 1.6% to 122,706GWh in FY19
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CNIC condition to come into effect from August
Shoppers buying goods of more than Rs50,000 will have to provide CNIC number
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Choking terror funding one step closer
NA committee approves amendment on foreign exchange regulations
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FBR expands its web to non-resident Pakistanis
Changes definition of resident individuals, will slap 5% penalty on property purchase with cash
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Corporate result: Mari Petroleum’s profit spikes 58% to Rs24b
Robust sales, higher finance income behind increase in earnings
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Private sector may be allowed LNG distribution
Govt likely to allocate second LNG terminal’s spare capacity to market players
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Market watch: Stocks lose further ground as dull trading persists
Benchmark index slips 76.11 points to close at 31,658.12
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Oil prices boosted by expectations of Fed rate cut
Brent crude, however, set for monthly fall of more than 3%