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EAC asks premier to take tough economic decisions
Govt still undecided on going to IMF; Fund’s team to arrive next month
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PIA chairman Saqib Aziz given additional portfolio of airline's CEO
Saqib Aziz directs employees to work collectively and in harmony for the betterment of the national flag carrier
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Foreign exchange: SBP's reserves plunge 3.34% to $9.88b
External debt servicing cited as reason for the decrease
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Market watch: KSE-100 extends fall as selling pressure persists
Benchmark index decreases 354.57 points to settle at 41,266.39
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India’s rupee hits record low against the dollar
Currency has dropped 10% since the start of 2018
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China warns of retaliation if US slaps new tariffs
Ministry spokesman says Beijing will closely monitor impact and adopt strong measures
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SMEDA improves 50 auto factories
Says the auto sector was one of the fastest growing sectors in Pakistan
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FBR publishes draft for public review
The draft would be taken into consideration by the board after seven days
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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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Govt to revisit free trade deals
'We have to revisit the free trade agreement (FTA) with different countries'
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KAPCO’s profit rises 12% to Rs10.6 billion
Increase comes on the back of higher sales, strong other income
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Ministry again demands withdrawal of lowest tax slab for cigarettes
Says third slab of federal excise duty has caused 77% increase in cigarette production
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Domestic cement sales unexpectedly fall 13.7%
It marks first decline in domestic consumption in past three years
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Sindh SEZs receive Rs50b worth of investment
Kia-Lucky has invested Rs15b in Bin Qasim zone, will start manufacturing Kia cars soon
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Process to reconstitute 9th NFC kicked off
Asad Umar writes letters to provinces, seeking confirmation of non-statutory members
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Profit rates on National Savings Schemes increased
This is the third upward revision in the past five months
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Govt to push ahead with plan of splitting gas utilities
It is aimed at bringing efficiency in service delivery, checking gas theft
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SECP issues new guidelines to stop money laundering
Bars non-profit organisations from taking part in political activities
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Market watch: KSE-100 fails to sustain gains after gas tariff hike decision
Benchmark index decreases 132.93 points to settle at 41,620.96
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Iran rial hits record low against dollar
Foreign exchange websites show dollar being offered for 150,000 rials
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Saudi wealth fund bets big to remake oil-based economy
Kingdom is scrambling to boost coffers of fund spearheading plan to diversify its economy
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Amazon hits trillion-dollar milestone with focus on the long game
Following an incredible journey for the internet giant since launching as an online bookseller two decades ago
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SSGC says K-Electric owes Rs85b
K-Electric owes SSGC a total amount of Rs85 billion
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Indonesia to hold palm oil exhibition
The event will consist of a conference and exhibition simultaneously
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EFU Life wins digital innovation award
The mobile app empowers sales agents to provide real-time policy information
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Gas pricing seminar held at SSGC
Objective of the seminar was to create awareness among domestic, industrial, power and commercial sectors
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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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LCCI urges govt to cut energy prices
'Pakistan is ranked 147 among 190 economies in the ease of doing business index'
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Business council seeks direct access to US markets
Calls for joint efforts to deepen existing economic ties
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Three idle fertiliser plants to get subsidised gas
They will be able to overcome urea shortage in next four months
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Farmers to benefit as govt plans to declare agri-emergency
It is aimed at increasing profits of growers under the first 35 initiatives
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Oil sales hit seven-year low at 1.35m tons
Decrease mainly due to less reliance on furnace oil-based power plants
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Offshore assets: Taskforce may suggest forming a special unit
Institutionalise mechanism to retrieve money stashed abroad being worked out
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With new strategy, NBP beats peers in profit growth
Management has followed a strategy of reducing cost of funding, improving loan margins
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PM forms CPEC body to resolve issues, complete projects on time
Constitutes two other committees that will deal with privatisation, energy matters
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Aviation secretary takes over as PIA chairman
Decision to appoint Saqib Aziz taken by airline's board
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Over 99,000 fake calls received in August
Rescue 1122 was equipped with softwares which help in assessing such fake calls
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Investment protection emphasized
Pakistani expatriates from across a wide variety of sectors attended the discussion
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Work on Mirpur SEZ starts
SEZ would have latest infrastructure and facilities in line with the needs of modern age
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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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Industry worried over 400% rise in debt
Debt and liabilities surge to Rs29.8 trillion
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PBC asks government to declare agriculture emergency
Says nearly $7b worth of goods are being imported annually for the sector
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Senate body concerned over slow pace of work
Issue will be taken up with China in Joint Coordination Committee meeting
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Pakistan’s share in global Islamic banking assets just 1%
Assets of Shariah-compliant banks in the country rise 21.9% to Rs2.48tr in year ended June 30, 2018
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Government likely to recover full cost of power theft from consumers
Honest consumers may be forced to pay Rs202b to power companies
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ECC undecided on how to tackle circular debt
Electricity tariffs could go up by Rs15 per unit, meeting told
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Core inflation hits highest level in almost 4 years
Overall inflation remains stable, but is likely to gain pace in coming months due to tax measures
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ECC directs Privatisation Commission to settle K-Electric sale issue
Calls for settling dispute in light of the 2005 share purchase agreement
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Govt to amend laws to curb smuggling, illegal money dealing
PM Imran Khan forms committee to propose changes in laws by next week
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Market watch: KSE-100 falls as investors wait for clear economic policy
Benchmark index decreases 160.28 points to settle at 41,581.96