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Pakistan’s IT sector moving on swift pace
Pakistan, with more than 58 million fixed and mobile broadband users, is providing affordable internet services
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UK’s Quercus pulls plug on $570m Iran solar plant
More European companies have cancelled plans in Iran
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Euro edges up as lira recovers
The euro recovered on Tuesday from earlier losses linked to the collapse of the Turkish lira
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Indian rupee hits record low of 70
Indian rupee hit a record low of 70 to the dollar on Tuesday as emerging market currencies
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Russia says dollar’s days numbered as global trade currency
Foreign minister says Moscow has been using national currencies to settle bilateral trade deals
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‘Alipay to start operations in Pakistan by end of 2018’
Telenor CEO says growth exists in e-commerce and digital payments segment
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Price stability, bank finance will help address challenges: SBP chief
Bajwa calls for providing funds to SMEs, agriculture and low-cost housing units
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Booming real estate sector contributes just Rs23 billion in taxes
Incoming PTI govt may appoint FBR chief from private sector to improve revenue
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KSA interested in heavy investment in Pakistan, crown prince tells Imran
PM-in-waiting lauds 'effective' anti-corruption campaign initiated under Prince Mohammed
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Russia says dollar's days numbered as global trade currency
Foreign minister says Moscow has been using national currencies to settle bilateral trade deals
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Neelum-Jhelum project attains full generation capacity of 969MW
Last unit was synchronised with national grid on Monday
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Erdogan says Turkey to 'boycott' US electronic goods
If the United States have the iPhone, there's Samsung on the other side, says Erdogan
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Indian rupee hits record low of 70 to the dollar
The Indian rupee has been on a downward spiral throughout 2018 after starting the year at 63.67
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Jubilee General Insurance bags gold at FPCCI awards
President of Pakistan, Mamnoon Hussain, distributed the awards at a ceremony held at the Sindh Governor House
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Ban on import of luxury items urged
The demand comes in a bid to promote local industry and generate employment
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PSO’s profit dips 15% to Rs15.46 billion
Board recommends cash dividend of Rs5 per share, 20% bonus shares
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Rupee strengthens 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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Three changes made to KSE-30 Index
The new index to be implemented with effect from September 14
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Curbs on advance payment for imports hinder export orders
PHMA fears cancellation of export orders and decrease in shipments
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PPL discovers new oil, gas deposits in Sindh
Initial test confirms presence of commercial quantities of hydrocarbons
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SSGC loses case in int’l arbitration court
Will have to pay damages of millions of dollars to Pakistan-US joint venture
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Pakistan’s trade deficit stands at $3.19b
Up 0.31% year-on-year, imports amount to $4.838b during the month
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Market watch: Taking cue from global markets, KSE-100 falls over 200 points
Benchmark index decreases 0.48% to settle at 42,637.59
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Indus Motor set to introduce Toyota Rush in Pakistan
Will import CBUs from next month; dealers expect it to be priced between Rs3.8m and Rs4.8m
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Pakistan gains guarantee of China's financial backing: FT
Report says Beijing will lend money to 'overcome crunch on foreign payments'
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Turkey pledges lira action to calm markets
The dispute between the two NATO allies reached new intensity over the detention of an American pastor in Turkey
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Peshawar’s thriving and vibrant entrepreneurial ecosystem
Road to Naya Pakistan passes through entrepreneurship and innovation
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Pakistan can generate resources by expanding branch network of banks
This will allow the country reduce reliance on global lenders and external loans
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Coalition government: a challenge or opportunity?
All parties must arrive at consensus on undertaking governance reforms
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CPEC development could not bring election success for PML-N
Bar on local players from participating in CPEC projects dented govt’s relations with special interest groups
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Approaching IMF the only option
Lender usually follows carrot and stick formula and its conditions are almost universal in nature
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Saber incurs annual losses worth billions for PIA
Software’s link is frequently down and passengers have to wait in queues for hours
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Israel police questioning more officials in Shikun bribery probe
Shikun & Binui, Israel's largest construction firm, are being questioned by police
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Trump's trade beef with China may backfire on meat
Beijing's retaliatory tariffs on US pork, beef are making them prohibitively expensive
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Branch-less banking accounts soared to 10m in 2017
M-wallet’s share in Rs21b worth of branchless banking transactions expands to 71%
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Sacrificial animal business witnesses boom
Citizens complain of exorbitant rates, demand govt enforce price regulatory mechanism
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Executives participate in ‘EIGHTEEN CEO Summit Asia 2018’
The conference embraces hundred success stories of Pakistani CEOs working on national and international level
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Ministry says Rs25.5b disbursed
'We are committed to providing an enabling environment for the industrial sector'
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WAPDA to endure higher cost for ‘favouritism’
Awards contract to company with second-lowest bid; denies wrongdoing
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Agriculture sector will need Rs1.52tr in FY19: SBP
Says banks will meet 82% of the total credit requirement
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SECP proposes amendments to REIT regulations
Permission to borrow against REIT assets included in draft
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Pakistan in contact with ADB for technical assistance
Caretaker finance minister says she is playing active role in connecting new govt
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FBR issues notification on sales tax exemption
It comes days after Senate panel warned of seeking explanation for delay
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KSE-100 registers minor increase of 337 points
Concern over Pakistan’s economic position keeps investors away
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US senators 'concerned' over possible IMF loan to Pakistan
Write letter to cabinet members, accuse China of indulging in 'debt trap' diplomacy
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Car sales rise 9% despite curbs on non-filer
Carmakers sold a total of 21,344 units in the month
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Sindh Bank approves swap ratio for merge
Both banks will approach the Supreme Court for clearance and then to the State Bank of Pakistan for review
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CDNS gets Best Financial Inclusion award
CDNS has been declared the award winner for its outstanding contribution to financial inclusion
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NCCPL letter has no effect on operations: Summit Bank
This news will not have any impact on general banking activity
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Week-On-Week: SPI remains stable
During the week, average prices of 17 items rose in a selected basket of goods