Business

Benchmark index decreases 276.49 points to settle at 38,309.17

Finance minister says govt is taking various measures to help the country steer out of economic crisis

Govt must act decisively, implement reform proposals without further loss of time

Most of the graduates, post-graduates encounter difficulties in finding suitable jobs

Pakistan can become more competitive and self-reliant if changes are brought in five critical areas

Investment may flow out of equity market to safer avenues

It can help reduce poverty through job creation

Aviation minister pledges govt’s full support for airline’s progress

'Government is also working on developing a national tariff policy'

Macroeconomic concerns keep investors jittery as volumes and values decline

The $1b worth investment is subject to approval of CCP and completion of required laws

Plans to reduce existing 34 taxes to 8-12 in next few years

Petroleum minister says slowdown in oil productions at refineries triggered the issue

Over 340,000 people, who had earlier filed returns, remain outside the net this time

Has already approved strategy, now summary will be sent to cabinet for its nod

Supply has remained suspended for the last seven days in different parts of Sindh

Decision does not affect 25% tariff already in place on $50b Chinese items

Airline organised a golf tournament in Karachi for all amateur golfers who flew in from all over Pakistan

The SPI for the lowest income group remained stable compared to the previous week

Cumulatively, the rupee has lost 31.8% of its value in the last 12 months

Will use data analytics to gauge impact of such measures

Stresses handmade products should capture global markets

Distributor alleges gas is being hoarded to make quick buck

Becomes second Netherlands company to invest in Engro businesses in two years

Forex reserves of Pakistan go up to more than $8 billion

Says government is taking measures to overcome scarcity immediately

Country’s capacity to repay weakens due to fast declining foreign currency reserves

Exchange rate adjustment and increase in electricity prices remain two sticking points

According to Malpass IMF loans tend to be shorter maturity loans and China's loans to Pakistan are longer-maturity

Federal ministers for petroleum and power meet CM Murad Ali Shah

Voices hope both countries can speed up negotiations to remove all extra tariffs

Benchmark index increases 1.51% to settle at 38,585.66

Aviation Division briefs NA on airline's fiscal health

Foreign exchange reserves rise to $9.24 billion

Approves network code in haste to tackle gas shortages.

Although the threat of an all-out trade war dampens the outlook for the global economy

While chairing a high-level meeting to review progress on improving ease of doing business

According to the State Bank of Pakistan

Manila-based lender unveils Country Operation Business Plan for 2019-21

With smooth energy supply, textile exports will grow, says PTEA

Company produces only 20,000 bpd out of capacity of 155,000 bpd

Agency says negative outlook is driven by heightened external vulnerability risk

SBP governor calls achieving modest growth, controlling inflation his two key goals

Rating agency does not foresee any imminent balance of payments crisis

Decrease attributed to external debt servicing, other official payments

Benchmark index decreases 296 points to settle at 38,011.63

The two sides hold fourth round of Annual Bilateral Political Consultations in Islamabad

Realme set to target over 60% of youth population

Addressing Pakistan Business Forum, the premier says businesses must prosper so that poverty is eliminated

It notes growth in global oil demand has accelerated