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World Bank asks Pakistan, India to trade more via land
Identifies tariffs and para-tariffs, non-tariff barriers, connectivity costs and trust deficit as major hurdles
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Saudi Arabia works on convincing Russia to join oil cuts
Riyadh under pressure from Trump not to reduce output, Moscow resists deep cuts
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Market watch: KSE-100 recovers from around 900-point plunge, still ends lower
Benchmark index decreases 299.76 points to settle at 39,303.11
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Inter-Bank Market: Rupee weakens against dollar
The rupee has lost 31.8% of its value in the last 12 months
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UBL declared ‘Bank of the Year 2018 - Pakistan’
UBL won the award on the back of its contribution to expanding the scope of financial services
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Corporate Corner: Saiful Islam joins BOK as MD and CEO
Saiful Islam is a versatile and senior banking professional
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Meeting with PM: Telecom operator cherishes investment in Pakistan
Premier says govt aims to develop knowledge-based economy
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Consumer Price Index: Inflation slows down to 6.5% in Nov
Pace eases despite inflationary expectations, rise in oil prices
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Oil sales plummet to decade low at 1.33m tons in Nov
Decline comes on back of significant price hike and economic slowdown
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Power production: Despite stock at refineries, furnace oil imports surge
Cabinet body imposes ban on oil imports, launches investigation
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Shaheen Air on brink of closure as Saudi prince pulls out
Chief marketing officer says airline’s offices have been shut for past two weeks
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Govt slashes non-salary budget by 10%
Move likely to help save Rs10 billion but will not address core fiscal problems
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Giving in to pressure, govt allows 1.1m-ton sugar export
ECC relaxes condition that prevented bank defaulters from sugar shipments
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Pakistan’s external debt, liabilities shoot to record at $96.7b
Figure seems to be understated as central bank has not shown the debt taken from China
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Market watch: Bull-run returns at PSX as index rises 442 points
Benchmark KSE-100 index increases 1.13% to settle at 39,602.87
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Dubai property prices sink 7.4% as UAE jobs growth slows
Prices have been falling quarter-on-quarter almost continually since the start of 2017
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Economic crisis successfully overcome with help of friendly countries: Umar
For a peaceful and prosperous South Asia, we need to cooperate with each other, says Umar
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Tapping Potential: Importance of agriculture discussed
'The agriculture sector is the lifeline of Pakistan’s economy'
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Oil surges 3% on trade truce
China, US declare 90-day halt to new tariffs while OPEC looks to cut oversupply
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Petroleum Division seeks Rs25.5 billion in gas subsidy
Fund will be used to supply energy to captive power plants at subsidised rates
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Resolving Issues: Govt reassures pharma sector
Kiani says the pharma industry was playing a unique role in the economic development
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Mutual Benefit: Morocco invited to invest in tourism
Moroccan investors in collaboration with local companies could invest in Pakistan’s tourism sector
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Textile sector: PTEA demands immediate release of duty claims
Says industry is facing cash crunch as exporters are unable to meet commitments
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South Korea invited to invest in Pakistan railways
Upgrade of Main Line-I, II and III will turn railways into modern network
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Tractor bookings drop sharply as economy slows down
PAAPAM says two tractor assembly plants are moving towards closure
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After 57 years: Qatar to withdraw from OPEC, focus on gas exports
Doha is locked in a diplomatic dispute with the group’s de facto leader Saudi Arabia
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Asad Umar notified about rupee devaluation in advance
PM’s instruction for SBP not to take unilateral decision may complicate bailout talks
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Inter-bank market: Rupee recovers ground and gains 1.21 against dollar
Bank officials believe currency boost is artificial and temporary
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Minister puts rumours to rest, says govt not cancelling any contract
Federal Minister for Petroleum and Natural Resources Ghulam Sarwar Khan says SC, NAB looking into LNG deal with Qatar
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Industrial cooperation: Pakistan expects to sign deal with China this month
Minister insists Pakistan has not offered any special treatment to Saudi Arabia under CPEC
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Qatar to withdraw from OPEC as of January 2019
Announcement comes ahead of the meeting by OPEC and its allies including Russia on December 6-7
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Market watch: Stocks battered as index plummets over 1,300 points
Benchmark index decreases 3.3% to settle at 39,160.60
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China agrees to 'reduce and remove' tariffs on US cars: Trump
Stocks rallied on the news that Washington and Beijing would not impose new tariffs during a three-month grace period
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Import restrictions breed inefficiency in domestic industries
Availability of raw material for local producers will lead to export growth
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Govt should take more steps to reduce cost of power production
High rates of return increase generation cost, hurt consumers and economy
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Pakistan must explore untapped export territories
Despite GSP Plus status, textile exports to eurozone have not increased significantly
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Pakistan needs to become urban industrial society
Sweden’s asset manager invests $100 million in Pakistani companies
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Finding loopholes: Iran finalises oil-for-goods deal with South Korea
South Korea is Iran’s third largest trade partner after China and the United Arab Emirates
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Agriculture: Punjab to expand e-credit scheme
'Growers could get registered free of cost at the tehsil land record centre along with the land record'
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Textile industry: Pakistan has opportunity to attract Chinese exporters
If China ships goods to US via Pakistan, it will bring technology, skills
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Fertiliser, textile, CNG sectors owe govt Rs400b GIDC
They have already got tax from consumers but are reluctant to deposit in govt coffers
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Bank lending in Balochistan, K-P remains dismally low
Out of Rs1.3tr worth of deposits received from the two provinces, banks have given loans of only Rs87b to them
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Dull week at stock exchange as index drops 373 points
Investors stay on the sidelines awaiting clarity on economic issues
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Rupee returns to inter-bank level after assurances of no more depreciation
Earlier, currency was sold in a wide range of Rs134-142 at retail counters
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Govt preparing to increase gas prices
Application stresses on a shortfall of Rs91 billion for the year 2018-19
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Abid Nisar of ATC Pakistan receives Primaduta award
Primaduta is awarded to loyal foreign buyers of Indonesian products on an ongoing basis
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Chief of air staff visits Swiss One stall
Chief of air staff visited Swiss One stall in IDEAS 2018
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Punjab considering one-window operation
Will expedite application processing for new units
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Govt to reconstitute boards of oil, gas firms
Measure is aimed at ensuring transparency in appointment process
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Chinese delegation to arrive on Dec 3
Chinese companies would display their products at the Interiors Pakistan exhibition