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Govt needs to search for new engine of growth
Should focus on development of agriculture, dairy and mining sectors
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Apple self-driving car rear ended during road testing
Company is entering a crowded field where rivals are pouring billions of dollars
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Capacity cost of power plants feared to rise further
High capital expenditure and returns largely responsible for increase in capacity charges
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Exploding urbanisation necessitates need for effective governance
39% of Pakistan’s population lived in urban areas in 2016 compared to 31% in 1990
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A ride from Karachi to an over billion-dollar valuation
Pakistani co-founder of Careem, Mudassir Sheikha, shares plan, potential IPO and future for ride-hailing app
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China's 'Silk Road' project runs into debt jam
PM Mahathir says his country will shelve three China-backed projects, including a $20 bn railway
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OGRA raises LPG price by Rs4.10 per kg
Ogra notifies domestically produced LPG’s maximum producer price
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Deal on free trade pact likely in Nov
The RCEP will group the 10 Asean members plus China, India, Japan, South Korea, Australia and New Zealand
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Pakistan’s exports to Thailand one-tenth of imports
Islamabad is expected to sign free trade deal with Bangkok next year
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US, Mexico moving to sign FTA, with Canada not behind
Trump’s comments angered Canadian officials, threatened to upend talks
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Strategy soon for facilitating small, big industries
Minister says youth will be given loans on easy terms
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With increasing pie, another e-commerce platform kicks off in Pakistan
Ezbuy officially launches services, offers Chinese and other Southeast Asian products
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KSE-100 index loses 846 points in volatile ride
Benchmark index sheds 2% as investors wait for policy clarity
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Govt may scrap lowest tax slab for cigarette industry
Finance minister assures heart association of taking up the matter
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Several Dar team members retained in reconstituted Economic Advisory Council
PM sets up 18-member council, 11 members come from private sector
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AIOU offers business degrees
These programmes aim at facilitating the aspiring students to update their qualification in the business sector
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HBL partners with Pehle Aap for better agri-yields
Suggeststhe development of e-marketing and supply-chain infrastructure on similar lines as developed in China
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Sindh Bank approves swap ratio
The ratio will now be presented to the Sindh cabinet for approval
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Week-On-Week: SPI decreases 0.63%
The index for the group stood at 215.29 points against 216.68 in the previous week
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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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Huawei working on 5G-enabled mobile phones
Foresees introduction of fifth generation technology in Pakistan in the near future
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LCCI chief urges economic diplomacy
Says Pakistan cannot remain in isolation in present economic arena
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Refineries collect Rs500b in name of deemed duty
Have so far got 4 deadline extensions for upgrading plants, but are still receiving the duty
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Chinese delegation visits Pakistan Stock Exchange
Shows interest in companies poised for listing in various sectors
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In bid to build OLMT, PML-N crowded out funding: SBI chief
Says earlier provinces were lazy in approach to seek concessionary loans
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FBR’s tax collection grows 14% to Rs506 billion
Government struggles to search for new avenues for revenue receipts
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Pakistan needs $9b for running domestic economy: Umar
Asad says parliament will decide if govt should approach IMF
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Market watch: Financial, cement stocks pull KSE-100 down
Benchmark index decreases 121.28 points to settle at 41,742.24
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PTI government reduces price of petrol by Rs2.41 for September
Also approves decrease of Rs6.37 per litre in price of high-speed diesel
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India's economic growth surges to 8.2%
Country set on course to overtake Britain as world's fifth-largest economy
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Govt aims for varieties, hybrids of crops
The Ministry of National Food Security and Research incurred a cost of Rs14.063 billion through PARC
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Mari Petroleum’s profit jumps 68% to Rs15.37b
EPS stands at Rs139.45 compared to Rs82.87 in the previous year
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Cabinet suggests forensic audit of mega transport projects
Supports FIA instead of AGP for undertaking the audit exercise
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NBP records pre-tax profit of Rs17.16b in January-June
Amount 26% higher than same period of the previous year
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Currency: Rupee stable against dollar
The rupee had appreciated against the US dollar
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Trade And Investment: Provincial ministry for small industries
'Small industries are the backbone of the national economy', says Punjab Minister for Trade Mian Aslam
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Energy ministry proposes hefty cut in diesel price
This will be the first oil price revision to be made by the new PTI government
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Asad Umar briefs PM on state of economy
Discusses possible measures to meet macroeconomic challenges
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China’s largest brokerage house returns to Pakistan after 17 years
CLSA JV Holdings acquires 24.9% stake in Alfalah Securities
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SECP directs companies to reveal names of real owners
Directive is aimed at addressing FATF’s concerns over terrorism financing
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Market watch: Bears continue to dominate as KSE-100 falls 386 points
Benchmark index decreases 0.91% to settle at 41,863.52
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Foreign exchange: SBP's reserves slip by $8.1m to $10.23b
Central bank cites no reason for the decrease
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Minister directs completion of SEZs
Bakhtiar instructs to work for the development of SEZ in the federal capital territory
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SMEDA organises workshop
The workshop observed keen participation by all stakeholders
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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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Punjab encouraging drip and sprinkler irrigation
The drip irrigation system is suitable for crop cultivation when irrigation water or rainwater is insufficient
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Descon acquires stake in South African firm
The PDPS board will now have two Descon nominees
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NEPRA reports grim and dark situation on circular debt
States national exchequer has suffered loss of Rs111b due to line losses
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Jamali appointed acting president/CEO of NBP
Jamali replaces Ahmad who is co-accused in a supplementary money-laundering case with two other persons
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PTI govt suspends operations at Utility Stores Corporation
Ministry of Industries and Production directs halting procurement of all commodities