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PIA starts flights to Bangkok and Kuala Lumpur
Twice-weekly flights will fly from Lahore to the two cities
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Pakistan stuck in cycle of less sophisticated products
It is crucial to promote R&D in order to become globally competitive
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Gender equality can help raise country’s GDP by 60%
So far, women have limited opportunities to participate in economic activities
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Oil slump a blessing to put economy back on track
Low crude prices provide govt fiscal space, allow it to go easy on monetary tightening
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Modern deep-conversion refineries needed to avoid furnace oil glut
They will produce only 2-3% furnace oil, mainly churn out gasoline and diesel
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Intervention indispensable to control rupee’s value
It is not wise to leave exchange rate completely at mercy of market forces
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FO to host two-day conference to attract foreign investment
Foreign Minister Shah Mehmood Qureshi says the government taking practical steps for strengthening economy
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Textile, apparel: Young innovative firms key drivers of job growth
Newly established small-scale units are widely involved in making innovations
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Trade with Pakistan: Maldives wants to import more
Maldives has mostly been importing rice, fruits and vegetables from Pakistan
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Businesses get facility for online property tax payment
Excise dept installs first machine at FCCI, will set up more at public places
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Stock trading remains dull as KSE-100 index loses 355 points
Investors stay on sidelines due to unimpressive economic outlook
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Government plans to conduct survey of IT skills
Includes private sector in IT task force to attract investment, train youth
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Karachi-Lahore route: Railways, private sector to launch new cargo train
Service will kick off on Dec 25; each train will have capacity to carry 75-80 containers, generate revenue of Rs2.4m
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KASB Bank merger case: PM gives directive to remove names of accused from ECL
NAB called for putting the accused on ECL due to loss caused by merger of two banks
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Volkswagen says diesel scandal clean-up to cost €2b in 2019
Since 2015, the German carmaker has paid more than €27b to settle investor, consumer lawsuits
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India cuts tax rates on some goods after election loss
Reduction is aimed at appealing to traders and middle class
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Trump has discussed firing US Federal Reserve Chairman Powell: Bloomberg
President’s frustration with central bank Chief intensified after this week's interest rate increase
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‘Govt focusing on socio-economic empowerment of women’
Women entrepreneurs plays a significant role in the economic development of any country, says Dawood
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Media aide meets PAA delegation
Yousaf Baig Mirza and Shafqat Jalil met a PAA delegation
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ABL holds Islamic banking seminar
Allied Aitbaar Islamic Banking is having a network of 117 exclusive Islamic banking
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SPI increases 0.12%
During the week, average prices of 17 items rose in a selected basket of goods
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Rupee weakens against dollar
Cumulatively, the rupee has lost 31.8% of its value in the last 12 months
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Financing deal signed for 330MW power project
Thar Energy will consume domestic lignite coal
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Govt to cut advance tax on stockbrokers
Government would take drastic steps to develop the capital market and promote investment, said Ismail
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Pakistan, China set new targets for cooperation
Minister says work on CPEC accelerated and scope expanded to cover diverse areas
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Aviation minister calls for attracting more airlines
Directs CAA to set up advance mechanism for resolving issues
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With UAE aid, Pakistan bridges half of financing gap
Country may have to borrow $4.5b from foreign banks to meet financing requirement of $22b for FY19
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Cigarette manufacturer says sin tax will cut market share
Insists increase in taxes will not reduce cigarette consumption in Pakistan
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ADB says it is financing CPEC projects
Bank says it is already financing three projects in Pakistan that are under the umbrella of both CPEC and CAREC
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No transmission lines for solar, wind power plants
Provinces fail to conduct due diligence for laying transmission lines
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Market watch: KSE-100 recovers to end positive as foreign investors turn buyers
Benchmark index increases 14.52 points to settle at 38,251.04
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China denies economic espionage charges from US, allies
Demands US withdraw accusations against two Chinese citizens indicted for hacking
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Growth fears, US govt shutdown threat slam global stocks
European shares open negative following in footsteps of US, Asian markets
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Power ministry mulling massive hiring to stop electricity theft
Omer Ayub Khan tells NA that 10,000 people will be hired to overcome shortage of meter readers, other technical staff
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UAE comes to Pakistan's aid with $3b package
Details to emerge if Islamabad is to get financing on one-go or tranches
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After much ado, Shehbaz elected PAC chairman
PML-N president vows to uphold high standards of fair and equitable accountability
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PAS announces partnership with Effie
Bringing Effie awards to Pakistan is a proud moment for the entire industry says PAS chairman
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OGRA denies conflict of interest
Referring to a news story titled “Auditors term OGRA chairperson’s hiring illegal”
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Sooper brings Junoon concert on Dec 25
With nearly 500 musicians coming together to pay tribute
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APPS collaborates with HabibMetro to launch ‘PayFast’
To provide a secure and reliable service for e-commerce and m-commerce transactions
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UAE consulate to start operations in Lahore soon
Will facilitate expansion of bilateral trade and economic ties
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Regulatory impediments: SECP board for fee reduction
Chairman Khalid Mirza says it is important to simplify and reduce cost of doing business
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JCC meeting: Pakistan, China finalise MoU on industrial cooperation
MoU will attract investment in SEZs, relocation of Chinese industrial units
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Gwadar project: NEPRA sets tariff for 300MW coal-power plant
Sets aside environmental concerns of Balochistan govt
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Without prior approval: Despite austerity drive, NDRMF head buys luxury vehicle
Nadeem Ahmad also goes on foreign trip; company secretary says Pakistan’s law does not apply to the fund
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US-based firms express interest in oil, gas exploration
The firms are interested in participating in upcoming bidding for new blocks
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As security situation improves, many UK firms eyeing Pakistan
Britain expresses interest in participating in CPEC
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In debt growth, PTI to surpass PML-N in three years
Pakistan’s public debt likely to swell from existing Rs26tr to Rs36 trillion in next three years
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Foreign exchange: SBP reserves surge 10.85%, amount to $8.05b
Increase comes on back of $1b inflow from Saudi Arabia
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Saudi, Abu Dhabi crown princes to visit Pakistan early next year
Information minister Fawad Chaudhry says PM Imran has spoken to the dignitaries over the phone