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CPEC rail project: Govt seeks to avoid financial risks in $9b deal
Puts at least one CPEC energy project of 1,320MW on the back burner
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Market watch: With rise of 528 points, KSE-100 powers past 41,000
Benchmark index increases 1.3% to settle at 41,049.91
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Foreign exchange: SBP's reserves fall another 2.64%, amount to $9.62b
External debt servicing cited as reason for the decrease
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China welcomes US invitation for trade talks
AmCham China, AmCham Shanghai urged Trump administration to re-think its approach
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Senate panel briefed on Ignite projects
Senate Standing Committee on Information Technology and Telecommunication was briefed on the ongoing projects
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E-agriculture strategy discussed
Food and Agriculture Organization (FAO) of the United Nation organised a two-day consultation workshop
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Rupee stable against dollar
Rupee remained stable against dollar at Rs124.1/124.3 in inter-bank market
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Senate body demands report from FBR on revenue shortfall
Is probing decline in duty receipts following change in tax structure
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Amreli Steels reports 48% surge in profit for FY18
Increase comes in the wake of 12% rise in gross profit as well as tax credit
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PIA adopts modern, swift online booking system
Seeks cooperation from passengers if problems arise during transformation
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Scrapping of lowest tax slab to hurt cigarette sales, warns PTC
Govt may end three-tier tax system, increase federal excise duty
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Rupee weakens to lowest level in seven weeks
Stands above Rs125 to a dollar a day after currency dealers met finance minister
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Federal cabinet to decide gas prices today
Will also approve formation of Assets Recovery Unit to bring back looted public money
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Construction of Diamer-Bhasha, Mohmand dams vital to avert water, food crisis
Ex-WAPDA chief fears Pakistan will face drought if dams are not built
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Foreign investors seek review of CPEC, free trade deals
OICCI wants end to discrimination and level playing field for all
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Govt aims to cut privileges in mini-budget
Mini-Budget for FY2018-19 to be presented on Sept 18
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Govt set to deprive salaried employees of tax relief in mini budget
Major amendments might be made to the finance bill in an attempt to increase revenue generation
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Market watch: KSE-100 loses ground as investors look for positive triggers
Benchmark index decreases 237.49 points to settle at 40,522.04
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Emerging markets threatened by US-China trade war: Lagarde
Lagarde says as a result, crises in Turkey and Argentina could spread
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Senate body directs energy ministry to follow quotas
Power distribution companies have 53,000 vacant posts
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Dollar dips as US-Canada resume talks, market still nervous over trade woes
Canada’s protected dairy industry is a major sticking point in NAFTA talks between the two
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NAB vows to protect interests of businessmen
Has set up special desk to address business community’s concerns
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Linkages with China in textile discussed
Meeting participants insist on investing in value chain
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PSX lifts moratorium on purchase of its shares
Announcement comes after foreign investors reduced their shareholding
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Trade between Pakistan, Indonesia likely to surge to $9b
Envoy says palm plant project in the pipeline to balance trade volume
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SECP opens facilitation centre in Gwadar
It is one of the pioneer government departments that provides facilities to local as well as foreign businessmen
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Senate panel on tobacco to probe Rs33b revenue loss
National heart association will submit its report on causes of decline in tax receipts
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Business Advisory Council on the cards
Asad Umar said on Tuesday that the government was holding consultation for setting up the Business Advisory Council
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Rupee stable against dollar
Rupee remained stable against the dollar at Rs124.1/124.3
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Asad Umar rejects concessions for former Sindh governor
Turns down summary as Muhammad Zubair, his brother, was not entitled to pensionary benefits
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Auto sales drop 20% in Aug as low-priced cars lost some appeal
Sales of cheap variants Ravi and Mehran fall 50% and 42% respectively
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Trade deficit shrinks as exports grow faster than imports
Deficit stands at $6.2b; govt’s measures seem to have started producing results
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Pakistan to introduce 5G next year
Country has already been successfully experiencing 3G and 4G mobile broadband technology
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Market watch: KSE-100 remains choppy, gains just 75 points
Benchmark index increases 0.19% to settle at 40,759.53
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Chinese companies flee overseas to avoid US tariffs
Firms are removing "Made in China" label by shifting production to countries such as Vietnam, Serbia and Mexico
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OLX official sees portal on track to achieve growth
Marketing head puts Pakistan among the company's best performing markets
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Alibaba, Mail.ru agree joint e-commerce venture
New company will be called AliExpress Russia based on the name of an existing Alibaba platform
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Bitcoin rises above $6,300
As NY approves dollar-linked digital currencies
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Pakistan, Indonesia to deepen trade ties
Industry-academia linkages termed essential to fight challenges
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Textile Asia 2018 concludes with deals worth $175m
Memorandum of Understandings worth $175 million in total have been signed for joint ventures
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Import of 0.1m tons of fertiliser may not bridge shortfall
Market is expecting shortfall of 300,000 tons over the next four months
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TDAP organises meeting for trade team
Pre-departure meeting of a joint trade delegation of TDAP-SCCI was organised before departure to South Korea
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Punjab assures farmers of support
Punjab Minister for Agriculture Malik Nouman Ahmad Langrial promises support for sugarcane farmers
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Rupee stable against dollar
Rupee remained stable against dollar at Rs124.1/124.3 in inter-bank market
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Hashoo Group to open five-star hotels in Gilgit-Baltistan
Improved security situation has made business lucrative in northern areas
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Remittances rise 4.24%, amount to $2.03b
Growth may be attributed to recovery in crude oil prices, rupee depreciation
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ECC passes the buck to PM over gas tariff
Sets principles to determine new gas prices; blames PML-N government for an expected price hike
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Hydrocarbon deposits: OGDC finds new oil, gas reserves in Kohat
First discovery of crude oil, gas from Hangu Formation in Chanda oil field
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Pakistan can import 9m tons of LNG per annum
Will save around $2.6b by substituting furnace oil with LNG
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IMF’s staff-level team to arrive by month-end
Analysis suggests benefits of IMF programme outweigh the cost country may have to pay