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OGDCL announces oil and gas discovery in Kohat
Analysts say development will have insignificant impact on earnings
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Indra Nooyi stepping down as PepsiCo CEO
Among the 500 companies in the S&P 500, only 25, or five per cent, are led by women, including Nooyi.
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Businessmen want to give input to policymaking
Say consultation process will address reservations, help govt take appropriate steps
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NBP launches tree plantation drive
Ahmad said corporate institutions should realise their responsibility and participate in tree plantation drives
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Rupee stable against dollar
SBP has maintained that the slide in the rupee’s value is due to supply and demand dynamics of foreign exchange
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Minister emphasises regional cooperation
Insists CPEC has nothing to do with IMF loans
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PCMA calls for creating petrochemical complex
Says it can develop Pakistan’s downstream industry
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FBR starts action against people hiding assets in UK
Serves notices to about 500 Pakistanis who own properties in Britain
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Profit repatriation increases 15.74% in FY18
Rupee devaluation major reason behind higher outflow
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Incoming govt asked to make power companies more efficient
Industry officials also suggest an independent power-sector regulator
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PTI will seek bailout to improve forex reserves, says Tareen
After that, it will switch to restoring economy’s competitiveness
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Despite pay scrutiny, ministry considers extension for DG CDNS
Performance of CDNS also remained below par during the DG’s two-year tenure
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Market watch: KSE-100 extends gains on back of political clarity
Benchmark index increases 303.61 points to settle at 42,808.66
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Stop-gap measures may address concerns for only short period
Govt must consider long-term policies that improve overall competitiveness of Pakistani industries
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The case of Pakistan’s lagging cities
No comprehensive urban planning framework exists in the country
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The price Pakistan has to pay for power generation
Power is now 15% of production cost for textile exporters, cost has risen for
other sectors as well -
Introducing 5G among major challenges for incoming PTI govt
It may take some time as the technology is expensive; China’s Huawei may play leading role
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Incoming govt should fill key posts in economic ministries
Most important challenge is human deficit that reflects lack of competent economic managers
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Policy needed to boost industries along CPEC route
Will help in growth of these businesses
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UK-based group visits Sialkot to study surgical sector
ETI is planning to initiate a study on the surgical sector of Pakistan
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Jubilee Life partners with Cinepax to support Pakistani cinema
'We are pleased to be supporting Cinepax and hope our partnership can help the growth of Pakistan’s film industry'
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KSE-100 slips 281 points as election euphoria dies down
US official’s remarks on Pakistan, selling pressure in bank stocks cause the decline
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India set to impose delayed tariffs on some US goods
The Trump administration wants to reduce its $31 billion deficit with India
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Asian countries denounce ‘real threat’ of global trade war
China’s state media says it showed rational restraint in imposing retaliatory tariffs
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Dealers traded $8b worth of foreign currency in 2017: SBP
Individuals consumed close to 63% of the total volume
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Pakistan’s GHPL plans to increase stake in fields having proven reserves
Move aimed at ramping up domestic energy supplies to meet demand
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US should worry about paying off their debt to China, says Asad Umar
Claims nation's financing gap is between $10 and $12 billion dollars
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HBL declares profit after tax of Rs8.1b
HBL's core domestic business continues on a strong trajectory, with steady growth in key drivers
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TDAP holds meeting for display centre in China
Such a venture would be a positive step towards promoting Pakistani products in Qingdao
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Govt urged to offer incentives for FDI
There is a dire need for chalking out a comprehensive plan to support foreign investment in the country
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SPI increases 0.17%
During the week, average prices of 15 items rose in a selected basket of goods,
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Rupee stable against dollar
SBP has maintained that the slide in the rupee’s value is due to supply and demand dynamics of foreign exchange
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Foreign office warns against unsanctioned comments on CPEC
Urges Planning Commission to devise a way barring all government functionaries from making unauthorized comments
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PTI govt to allocate $2b for automation of services
It will promote transparency and efficiency; IT likely to create 1m jobs
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SBP warns against external sector vulnerabilities
Says deterioration in bank earnings, foreign currency market could dent financial stability
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PFC urges rebuilding economy
Chief executive says furniture sector can help boost exports
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China plans tariffs on $60b of US goods in latest trade salvo
Washington threatens 25% tariffs on $200b in China goods
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Engro Foods' earnings jump due to tax credit
Profit-after-tax reported at Rs209.97m for April-June
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Despite some disruption, cement sales rise in July
Exports remain on recovery path with 9% increase
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Government enhances inspection fee of LPG filling stations
Industry in trouble as it is forced to pay the same fee to both explosives dept and Ogra
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KSE-100 gains 175 points in range-bound trading
Benchmark index increases 0.41% to settle at 42,505.05
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UBL profit drops 41% after high pension payments
Earns Rs3.3 billion in the Apr-June 2018 quarter
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Urea price rises as some plants close down
Rate swells up to Rs1,800 per bag whereas dealers resort to hoarding
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LCCI urges govt to share economic plans
Suggests country should utilise its natural resources instead of seeking external help
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Cellular mobile subscriptions drop 0.5% to 150.24 million
Number of mobile broadband users reach 56.08 million
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Incoming govt to start laying TAPI pipeline
Work was to commence in May this year, but PML-N govt could not press on with the plan
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Engro Polymer’s three-month profit surges to Rs1.33b
Increase comes on back of higher sales and reduced tax
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Rupee stable against dollar
Following reports of Chinese loan, the rupee has appreciated against the US dollar.
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Standard Chartered Bank to give $200m loan to Pakistan
Meant to help country finance LNG imports that have grown in recent years
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HBL, EFU Life launch Sahara plans
Sahara small-ticket takaful plans to launch for the masses