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Market watch: KSE-100 fails to break losing streak, falls for 5th straight session
Benchmark index decreases 0.36% to close at 44,378.52 points
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Development of 'exclusive economic zone' pivotal for growth: PM Abbasi
Pak Navy is working promptly to safeguard national maritime interests, says Naval chief
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Air France shares in tailspin after CEO quits
Air France staff and management at the carrier have been locked in a dispute over pay since February
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Nestle pays $7.15 billion to sell Starbucks products
Nestle is focusing on coffee as a main growth area and has already made some acquisitions in the sector
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Jamshoro plant’s low cost shows power of competition
Its EPC contract has been signed at half that of CPEC projects
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Reform necessary for success of wasteful, large state enterprises
Competent boards can turn around these bleeding state-owned units
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Pakistan needs to allocate more for development to drive up growth
However, inflexible expenditures leave scant room for such allocation
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Taxing for services: does the government deserve revenue?
Tax collection has not focused on helping marginalised segments
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Careem and Facebook data breach episodes should be seen as lessons
Need for a digital rights protection agency is greater than ever before
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US, China going to be superpowers of world for a long time, says Buffet
Billionaire investor dismisses concerns that the two countries' trade tensions could escalate into trade war
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Sale of debt-laden Air India fails to take off
Analysts say the company's large debts and generous pension schemes are putting off buyers
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New crisis would hammer Greek banks: ECB
Their capital could slide by billions, reveals latest stress test
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ADB confident of continued growth in Asia
President discusses Strategy 2030 for development of region
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Cement sales continue to grow amid strong demand
Cement exports surged to 0.47 million tons, 81.4 per cent higher than the exports in comparison to last year
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OGRA to grant 33 licenses in LPG sector
tOGRA has issued around 21 licences to different companies pertaining to the regulated gas sector since 2002
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Low-cost housing needs $180b to meet Pakistan’s shortage
Property developers have shied away from providing units for low-income groups
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Punjab’s Ramazan subsidy plan laced with questions
Officials concerned over alleged misappropriation during holy month
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Govt urged to abolish taxes on property
The government should also end capital gain tax slabs on purchase of property, ICCI President
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KSE-100 loses 1,006 points as bearish trend persists
Political uncertainty, balance of payment concerns and upcoming elections dent market sentiment
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Plan to exchange trade data with China misses second deadline
Officials believe development is Beijing’s response to Pakistan postponing signing of FTA
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NLC, Daimler AG sign MoU for assembly of Mercedes-Benz trucks in Pakistan
Development comes as demand of commercial vehicles increases due to CPEC
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Good governance in Pakistan
public participation, national consistency, national integration needed for good governance
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Corporate Corner: Meezan Bank signs MoU with IoBM
The MoU highlights a collaborative framework for launching a specialised MBA Programme
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Week-On-Week: SPI rises 0.23%
Compared to the corresponding week of previous year, the SPI for the combined income group rose 1.71%
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Currency: Rupee stable against dollar
Since December, the rupee has cumulatively shed close to 9% of its value
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‘First right to buy’ scheme unlikely to see light of day
Senate panel says package is unconstitutional, wants it withdrawn
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economic growth: Govt urged to focus on youth development
ICCI president Sheikh Amir Waheed says youth are development is key to achieving sustainable economic growth
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Minimum wage matter left ‘untouched’ in budget announcement
Measures included increase in salaries of federal govt employees, but labourers ignored
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‘Govt has allocated Rs100b for Diamer-Basha, Dasu dams’
State minister for finance says Pakistan needs water reservoirs
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Gas and power sector firms may be transferred to provinces
PM says accumulation of circular debt is taking its toll on federal government
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Pakistan moves to tax US tech giants including Google, Facebook
Budget recommends 5% tax on digital advertising space; Senate panel rejects proposal
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Pakistan needs to watch out as CPEC-related debt soars
ADB and IMF share views on debt risk for countries along BRI
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Market watch: KSE-100 ends negative for fourth successive session
Benchmark index decreases 0.47% to close at 44,536.91
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Corporate Corner: Silkbank maintains growth momentum
This translates into a growth of 87% and 91%, respectively, over the same period last year
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Self-Employment Programme: ADB provides grant of $35m to BISP
The ADB and the government of Pakistan mutually agreed to include NRSP as an “implementing agency”
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Customs law changes on cards to meet FATF rules
Amendments to customs act to meet FATF requirement
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Currency: Rupee stable against dollar
Since December, the rupee has cumulatively shed close to 9% of its value
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Meeting shortfall: Plan to import fertiliser irks local industry
Ministry has endorsed proposal to bring in foreign shipments
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CPEC an opportunity to paint soft image: Swiss envoy
Says project will change business environment in Pakistan
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Absence of CSF, gas cess leads to Rs300b revenue shortfall
Non-tax revenues decrease whereas expenditures go up
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Chinese furniture makers express interest in joint ventures
Their technology could help in upgrading Pakistan’s furniture sector
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Major budget measures to kick in from mid-May
Senate panel endorses govt’s view to let changes come into effect this month
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ADB says ‘no need to panic’ over Pakistan’s economy
Former country director thinks country will not need bailout
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PM backs sale of K-Electric’s majority stake to Chinese firm
Warns failure of deal will force government to give bailout packages to power utility
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Foreign exchange: SBP's reserves rise 5.4%, cross $11.5b
Increase comes on account of official inflows
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Market watch: Stocks bleed as KSE-100 loses 450 points
Benchmark index decreases 1% to close at 44,746.63
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PIA pays its due tax after FBR freezes accounts
Top tax collecting body briefly froze accounts on non-payment
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Currency: Rupee stable against dollar
Market rumours suggest the move is part of IMF’s conditions for another bailout package
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Wheat Crop : Procurement drive starts in Sialkot
The Punjab government will start the wheat procurement drive in the district from today
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Corporate Corner: New Islamabad airport inaugurated
Prime Minister of Pakistan Shahid Khaqan Abbasi with the team of Civil Aviation Authority (CAA) management