Business

Concern about country’s macroeconomic indicators keeps investors cautious

FPCCI signs MoU with JUW for establishing industry-academia linkages

The fund cut its outlook for global GDP growth by 0.2 percentage point

Industry made profit by charging farmers high prices

Economic concerns, rupee depreciation take toll on investor sentiments

Pakistan’s palm oil imports rose 23% in the first half of 2017-18

Political instability hits Pakistan’s economy hard

Assures businessmen FBR will start releasing tax refunds in November

Participation in project to facilitate successful implementation of crown prince’s vision

3,500 individuals approached FBR in previous scheme, but failed to meet formalities in time

Finance minister rejects US assertion that country facing economic woes owing to CPEC debt

Yuan has fallen more than 8% against dollar since end of April 2018

Latest smartphone features world’s first rear quad camera

Part of the reason that Pakistan found itself in this situation is Chinese debt, says US State Dept spokesperson

IMF had warned this week that the US-China trade confrontation would hobble global economic growth

Aviation Business Awards 2018 was held in Dubai on Tuesday, October 9

ICCI has welcomed the cabinet’s decision to revive the Engineering Development Board

Pakistan’s most luxurious and modern residential project organised an event

SPI for the week ended October 11, 2018 registered an increase of 3.65% for the combined income group

SBP has decided, in principle, to conduct biometric verification of accountholders

Planning secretary says they are formulating 12th Five Year Plan

Company says it is assessing impact, will resume booking with announcement of new prices

Earnings per share remain unchanged at Rs1.25

Earnings boosted by significantly higher sales

Sales remain robust, other income picks up

It comes following news of IMF mission’s upcoming visit to Pakistan

Interest rates may also peak to 15%, drastically slowing down economy

Two sides agree to ink deal on enhancing agri-trade, facilitating business visas

Foreign minister says peace is inevitable for the promotion of global trade and development

Him and Xi Jinping plan to meet at the G20 summit in Argentina in late November

Benchmark index decreases 2.29% to settle at 37,517.93

Boost comes following significant recovery in international oil prices

China's exports to the US rose to $46.7 billion while imports slumped to $12.6 billion

Foreign exchange reserves held by the central bank continued to spiral downwards

Business delegation of pharmaceutical and surgical sector of Pakistan is visiting Lagos, Nigeria

NBP EMC and Megaplus Pakistan partnered to launch Enterprise Backup Solution project

HBL President and CEO Muhammad Aurangzeb hosted People’s Bank of China Currency Policy Committee

Power crisis likely to worsen with depleting hydrocarbon reserves

Seeks collaboration in multiple areas including fish and rice trade

Regains up to Rs2 and stands at Rs133 against the greenback

Will develop another golden triangle connecting main cities in south Punjab

If agreed, it will ease some pressure on Pakistan’s foreign currency reserves

Finance ministers for developing nations in Group of 24 call for major economies to reform global trading system

Benchmark index decreases 1.02% to settle at 38,398.30

Appoints Air Marshal Arshad Malik as new PIA chairman

Announcement comes after IMF chief voiced concern over CPEC debt

Provincial departments asked to provide a list of nominated officers in the districts

'Prevailing economic uncertainty in the country is damaging the investor’s trust'

Cumulatively, the rupee has dropped by 26.67% in the last 10 months

Suggests railway link between Pakistan and Kazakhstan