Business

Yao says phase-I completion has set strong foundation for phase-II

Central bank has kept its projection for inflation unchanged at 11-12% for full fiscal year 2020

Pakistan’s energy supply is also at a risk due to mounted tensions in Middle East and South Asia

Benchmark index increases 447.24 points to settle at 31,928.55

Iran stepped up its fight against smuggling fuel earlier this month

Announcement largely in line with market expectations

Drone attacks on two major oil facilities

Price increase weighs across global stock markets on fears of impact on global growth

Govt needs to take urgent steps for developing strategic oil, gas storages

Karachi fares poorly on index mainly due to stability and environment factors

Increase in number of tax return filers will not push up revenue receipts

Free trade not only brings goods and services, it also brings new knowledge

Despite SBP assurances, long-term effect of IMF deal is yet to be seen

Finance adviser says Pakistan fast heading towards economic stability

Sources say since many of conditions agreed with international money lender could not be fulfilled

PM Imran directs ministries to work out roadmap to achieve targets

As International outcry mounts over Facebook’s upstart cryptocurrency

Benchmark index gains 3.3% largely due to expectations of monetary policy easing

Taxes push electricity cost to Rs20 per unit from earlier Rs10.62

Centre adds Rs1.23 trillion to debt level in just one month

Anticipation comes due to lower-than-expected inflation reading for Aug

Deadline for submitting EOIs for installing system likely to be extended

Pressure mounting on auto sector to go green, abandon combustion engines

Markets win support after China exempts some US products from added tariffs

Every possible step would be taken to promote investment and trade in the province

The rupee strengthened against the dollar at Rs156.1/156.6

The SPI for the lowest income group increased 0.17% compared to the previous week

Commented ties by boosting existing economic cooperation between the two countries

Says current account deficit is narrowing due to fall in imports, increase in exports

Board chairman says company secretary needs to put matter for discussion

Overseas Pakistanis send home $1.7b in Aug 2019

CEO admits fraud by company staff in Senate panel meeting

China expresses resolve to remain committed to multibillion-dollar project

Exports, however, post healthy increase of 12.7%

Spokesperson says global lender’s team will visit Islamabad in a few days

Move will give fresh impetus to financial reforms, opening-up drive

Tells HKEX it has fundamental concerns about key aspects of proposal

Benchmark index loses 0.21% to settle at 31,481.31

Google agrees €945m tax settlement with France

Oil holds around $60 as U.S.-China trade hopes support

IMF has asked Pakistan to end state control of the rupee and let the currency move freely

Demand solution to problems related to different taxation measures and imported vehicles

Has potential to provide countless opportunities for investment, employment

Downward trend comes on back of rupee devaluation, slowdown in economy

Says country will see significant deterioration in interest payments-to-revenue ratio

Move aimed at developing linkages between businesses of two countries

This comes despite IMF incentive of softening primary deficit target

Says facilitating business community his govt’s first priority

PAC sub-committee expresses concerns over massive dues accumulated by the two entities

Move comes days before planned meeting of US, Chinese negotiators in Washington