Business

Businesses close down as they are unable to compete in global market

Absence of diplomatic ties with Armenia may hinder finalisation of agreement

Increase highlights pressure on rupee and foreign currency reserves

PTI govt will have to contract new debt, at least in its first year

Benchmark index decreases 21.52 points to settle at 42,425.10

Republican party Law-makers express outrage to multi-front trade conflicts incurring long-term damage to the economy

Successful SME development requires stable macroeconomic environment

Crop yields in Pakistan are one of the lowest; research units sit idle

It will help collect billions from consumers who may become project shareholders

It may consider tapping bilateral sources, go to IMF, float Euro and diaspora bonds

Country needs to make investment opportunities more lucrative for locals

Stocks rallied following a report that Washington and Beijing were trying to resolve their trade dispute

I want the country to recover and I have the formula. Trust me, says Maduro

PHMA secretary says delays on the part of FBR appear deliberate

Benchmark index loses 0.9% to settle at 42,447 points

Sell shares worth $42m in July; cement, OMCs see outflow

Research suggests strategy for making higher value-added export goods

Advises further rupee devaluation of 8%, 200bps increase in key interest rate

Cuts its debt grade for the second time in 4 months

Successful talks, negotiations and due diligence result in closure of deal

KSBL Dean Dr Zeeshan briefed the students about the KSBL’s code of conduct

Several representatives from media and social organisations also attended this huge gathering

SBP has maintained that the slide in the rupee’s value is due to supply and demand dynamics of foreign exchange

During the week, average prices of 18 items rose in a selected basket of goods

Says investment policy needs to be formulated to attract inflow

New tax regime designed to increase revenue, control flow of illicit money

'Every Pakistani owes a debt of Rs144,256, which is a cause of huge concern'

Lira resumes weakening on US sanctions threats

Says Pakistani authorities should be given full opportunity to provide necessary materials, reports

Investment drops 45% to $128.1m in July from $233.8m in same month last year

Annual interest of Rs153b is paid on loans taken to deal with debt

Benchmark index increases 1.16% to settle at 42,446.62

POF, a gigantic defence product production complex is showcasing all product ranges at the Savdex Exhibition

The Multilateral Investment Guarantee Agency has issued guarantees worth $66 million

The bank declared a pre-tax profit of Rs7.08 billion for the half year

The rupee strengthened against the dollar at Rs123.3/123.5 in the inter-bank market

The board of directors of Silkbank Limited declared an operating profit of Rs1.729 billion

Financial institution has had bad experience with last two advisers

The gap between gas demand and supply has increased manifold leaving no choice but to resort to load management

Result below expectations even as net sales rise

Qualifies for bootstrapping process in China

Gas utility defends its position, saying domestic consumer  demand has increased

Country’s business community feels the time is right for a bargain

Would still be short of Rs10b to meet capital adequacy ratio despite acquiring Summit Bank

External debt servicing and other official payments cited as reason for decline

Benchmark index decreases 485.76 points to settle at 41,960.80

The currency fell to a fresh low of 70.40 to the dollar on Thursday

Erdogan made repeated calls for Turks to sell their dollars and euros

Pledges to extend full support to the new government, hoping it would prioritise to addressing the resident grievances

The SIMAP chairman requests the director general to upgrade the laboratory apparatus