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OGDC finds new oil, gas deposits in Sindh
Test shows 9.12mmcfd of gas and 520 bpd of oil
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Ministries given deadline for hiring state firm heads
Many public-sector companies are currently being run through an ad hoc arrangement
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NTDC rejects lowest bidder’s offer
Says if bid is not responsive to requirements, then it is rejected
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Bureaucracy reluctant to fast-track ML-I approval
Concern grows as NAB launches inquiry into another CPEC road project
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Fall in LNG demand increases pressure on pipelines
SNGPL warns power division that because of additional gas, pipelines could burst
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Nissan warns of profit plunge, set to unveil 10,000 job cuts
Automaker is fighting to rein in its operations after years of aggressive expansion
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Oil edges up on US stock decline, Mideast tensions
US crude stocks fell more than expected in week to July 19
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Market watch: Bourse turns bearish, sheds 314 points
Benchmark index decreases 0.96% to settle at 32,401.40
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White House's Kudlow hopeful on US-China trade talks, agriculture buys
Lighthizer, Mnuchin urge Beijing to buy more US agricultural products
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Soaring prices, rising anger in Imran Khan's Pakistan
Pakistan is facing endless economic crisis impose on millions poor people
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K-P’s entrepreneurs on top of their games
IT graduates are coming up with innovative businesses
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LNG supply to be raised by 400 mmcfd
The Petroleum Division of the Ministry of Energy is working on a strategy to add around 400 million cubic feet per day
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Bank accounts being closed in Japan
The FPCCI president also met newly appointed Ambassador of Pakistan to Japan Imtiaz Ahmed
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Rupee stable against dollar
Cumulatively, the rupee has depreciated almost 49% since December 2017
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‘Economic stability can be achieved through reforms’
President insists documentation, tax collection are in best interest of nation
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Power T&D capacity to reach 26,000MW next year
Power secretary briefs Senate panel on capacity, peak season generation
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EU has €35b list if US hits its cars: trade chief
Trump said earlier some imported vehicles and parts posed national security threat
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OMCs ask govt to link oil prices with 3-month LCs
Oil industry faces hefty loss of Rs40b due to rupee’s free fall
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K-Electric’s tariff may go up due to LNG consumption
Company plans to import LNG, asks suppliers to submit EOIs
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Honda Atlas Cars’ profit plummets 77%
Decline comes on back of lower revenues
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Govt hikes property valuation rates by 30%
New rates to apply to 20 major cities introduced to collect additional Rs40 billion
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PM’s appeal to invest in Diaspora bonds falls flat
Scheme fails to yield results; around 600 expats invest mere $26 million
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Shehbaz leads list of sugar barons with outstanding dues
Humayun and Haroon Akhtar, Zaka Ashraf also own mills issued show-cause notices by cane commissioner
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Market watch: KSE-100 continues upward march, gains 131 points
Benchmark index increases 0.4% to settle at 32,715.88
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Oil edges further above $63 on Middle East tensions
Iran's capture of British tanker sparks concern about supply disruptions
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FATF compliance unit set up in FIA
New FIA unit will have offices in the federal and provincial capitals
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Import of US foodstuff by China may resume
Move in line with consensus reached by Xi, Trump at G20 summit
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Govt body starts probe into ‘hefty’ profits made by IPPs
IPPs’ representatives submit one-year earnings record with inquiry commission
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OGRA says it provided Rs107m relief to consumers
Grants nine licences in one year for setting up new OMCs
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FBR withdraws 1% WHT on yarn traders
Manufacturers will now have to pay 0.1% turnover tax
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Punjab government to abolish ‘unnecessary taxes’
Finance minister assures businessmen of unifying labour-related taxes
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Pakistan borrows record $16b in just one year
Foreign loans aimed at avoiding default on debt obligations, import payments
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Market watch: Stocks gain ahead of PM’s meeting with US president
Benchmark index increases 125.78 points to settle at 32,584.55
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Funds managing $2tr urge cement-makers to act on climate impact
Warn failure to comply can put their business models at risk
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Oil prices jump after Iran seizes British tanker
Fear of potential supply disruptions in Strait of Hormuz has increased
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Hyundai Motor lays out US recovery plan
Forecasts US market share to begin rising again from this year
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Pakistan needs to mobilise tax revenue, cut debt: IMF
Prime Minister Imran Khan meets Fund official during his visit to Washington
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Fiscal adjustment, social safety must go hand in hand
This is essential to prevent strains on economic growth
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Transforming digital learners into digital leaders
Workforce can be absorbed into economy through clever game plan
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Tackling emerging threat to rice in Pakistan
Pest has been found in rice consignments exported to different countries
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Hydroponics technology to ensure food security
New tech advancements should be adopted for food sustainability, sustenance
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IMF rep to meet customs, SBP officials on Tuesday
Teresa Dabam Sanchez’s Karachi visit aims at reviewing implementation of IMF conditions
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Customs, excise duty collection rises
Comes as a result of rupee depreciation
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Investment in energy sector stressed
90% of the investment in the country foreign in nature says BOI Chairman
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Weekly review: Bears dominate as selling pressure persists
KSE-100 index dips 1,214 points to settle at 32,459
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China opens up finance sector to more foreign investment
Beijing will remove shareholding limits on foreign ownership of securities in 2020
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Case of Rs1.34b tax theft facing delay for two years
FBR has unearthed hidden and undeclared transactions
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Energy tariffs for export sectors to be issued soon
New refund mechanism for exporters will be posted on FBR website
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White House to host meeting on Huawei ban
Semiconductor and software executives invited to meeting
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Mobile operators invited to test 5G
PTA seeks applications from its licensees, academic institutions, device manufacturers