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Weekly review: KSE-100 dips 471 points amid lack of positive triggers
Tensions with India and FATF meetings keep bourse under pressure
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RTO unearths Benami accounts, other tax dodgers
Strives to widen tax base, achieves 43% growth in collection
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Supported by sales growth, OGDC’s profit surges 55%
Oil, gas exploration firm earns Rs56.75b in Jul-Dec 2018
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SPI increases 0.34%
During the week, average prices of 16 items rose in a selected basket of goods
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FATF urges Pakistan to reassess militant outfits’ ranking
Pakistan to stay in grey list despite Indian attempts; has now two more months to satisfy concerns
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Tareen tops list of lawmakers paying taxes in 2017
Tareen top taxpayer among parliamentarians in 2017; average skewed due to higher share of top ten contributors
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Pakistan lagging behind in embracing 4th industrial revolution
NUT official says strategy needed to take benefit of technological progress
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Telecom operators worried over delay in licence renewal
Licences of Warid, Jazz, Zong and Telenor are going to expire this year
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SBP allows Islamic banks to offer refinance facilities
Issues three Shariah-compliant schemes covering SMEs, agriculture, renewable energy
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Govt asked to follow Indian model in reducing circular debt
Ministers suggest a study to examine measures taken by Indian states to check power-sector losses
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PTI govt revises growth target to 6.7% for FY23
Proposed targets do not match with macroeconomic projections for IMF programme
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Market watch: KSE-100 falls 55 points in lacklustre trading
Benchmark index decreases 0.14% to settle at 40,016.13
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Airbus inaugurates innovation centre in China
Centre will focus on designing and certifying new technologies
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Oil prices firm on trade hopes, but record US output drags
Brent crude futures at $67.18 per barrel, eight cents above their last close
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'49 state-owned entities to be privatised in five years'
Lahore Airport among eight public entities to be privatised in first phase
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Pakistan has taken steps towards improving AML, CFT: FATF
FATF says Islamabad failed to demonstrate a proper understanding of terror finance risks posed militant groups
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Acting CEO of PSM appointed
Naeem Jan will look after day-to-day affairs of PSM
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Hubco’s profit inches up 2% to Rs5.68b
Earnings improve due to drop in operating cost, lower tax on profit
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Hyundai Nishat to roll out two vehicle models at weekend
Will introduce SUV Santa Fe, light commercial vehicle Grand Starex
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Current account deficit contracts 48% in Jan over Dec
Gap shrinks to $809m following a notable rise in exports
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Pakistan’s big middle class attractive market for French firms
France envoy calls for trade diversification to achieve better results
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Gas utilities to collect extra Rs150b after slab revision
Plan being reviewed to introduce separate tariffs for three winter months
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Differences persist over changes at FBR’s top level
Despite tax shortfall, PM Khan not in favour of replacing FBR chief
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Federal cabinet shoots down ‘Sin Tax’ proposal
Approves eleven-member board of Sarmaya-e-Pakistan Limited Company
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Market watch: Stocks retreat as investors resort to profit-booking
Benchmark index decreases 208.67 points to settle at 40,070.71
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Oil hovers near 2019 highs amid OPEC cuts
OPEC-led supply cuts and US sanctions on Venezuela and Iran bolster prices
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Foreign exchange: SBP reserves dip 2% to stand at $8.04b
External debt servicing, other official payments cited as reasons for the decline
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'India presses for Pakistan to stay on terror financing list'
New Delhi has also cancelled Most Favoured Nation trade privileges for Islamabad
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'Existing gaps narrowed': IMF negotiations nearing conclusion, says Asad Umar
Finance minister says Pakistan will be among world's top five economies by the end of this century
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‘Private sector has large role to play in economy’
Regulations are being reviewed to ensure ease of doing business: Punjab Finance Minister Makhdoom Hashim Jawan Bakht
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Sindh hosts ‘Doing Business Reforms Exhibition II’
Two portals to facilitate property registration and tracking were also launched at the event
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KAPCO’s profit surges 2.6 times to Rs5.88b
Increase comes mainly due to income from other than core business
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Mari Petroleum to invest $45m in new exploration blocks
Acquires one new block each in tribal areas and Sindh
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Gold surges to new all-time high of Rs69,600 per tola
Price rises due to support coming from weakening US dollar in world markets
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Engro profit surges 45% to Rs23.6 billion
Engro paid bonus shares in proportion of 10 shares for every 100 shares
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SECP vows to remove regulatory hurdles
SECP policy board, commission unanimously agree on the need for creating a far less onerous regulatory environment
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PSX asked to maximise stock investors
Businessman emphasises regulations should help increase company listings
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Finance Division refuses to waive Rs139m guarantee fee for WAPDA loan
Guarantee was given on a $125m loan taken by WAPDA
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Power tariff rises Rs1.8 on fuel cost adjustment
Consumers will pay an additional Rs13.5 billion after price revision
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Budget deficit hits six-year high at Rs1.03tr
It is due to higher growth in spending, negligible rise in revenues
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Dubai budget airline flydubai loses $43.5m in 2018
The government-owned carrier said total revenue for the year was up just over 12 per cent to $1.7b
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With focus on modern methods, Punjab unveils agri-policy
It will help encourage investment and promote mechanisation
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Oil falls after record US shale output forecast
Brent futures ease 53 cents to trade at $65.92 per barrel
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Power tariff increases Rs1.8 per unit under fuel cost adjustment
Consumers will pay an additional Rs13.5 billion after price revision
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Market watch: Five-day losing streak ends on strong corporate earnings
Benchmark index increases 322.31 points to settle at 40,279.38
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Court orders Indian tycoon Anil Ambani to pay debt or go to jail
Reliance Communications is some $4b dollars in debt
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True VIPs are those who pay taxes, says PM Imran
Premier dines with top taxpayers, including those facing NAB inquiries
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China rejects US position on Huawei
Says its laws protect legitimate rights and interests of citizens and organisations
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'Govt striving to meet growing energy need'
PPIB approves extension in financial close of Kohala hydropower project
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SMEs make record borrowing of Rs513 billion
Growth comes after government, central bank initiated supportive policies