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Roadmap prepared to increase horticulture exports
PFVA says action plan will be presented to govt elected to power
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Telecom remains biggest source of revenue for Punjab
Tax suspension can upset target, says PRA
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Despite rise in IT players, seed funding in Pakistan drops
Lack of good quality start-ups primary reason behind slowdown in financing
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Paying the (p)rice for water shortage
Plantation has already been delayed this season; could affect output
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Govt reduces petrol price by Rs4.26 per litre to ‘provide relief’
Reduction in prices of petroleum products will be effective from midnight Saturday
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Weapons of trade war: what might China have up its sleeve?
Although Trump has brushed off warnings, Beijing has weapons beside tariffs to cause damage in a fight
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PSO curbs fuel oil imports as power generation need eases
Fuel oil prices fall from multi-year highs in Asia’s energy market
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US, China slap tit-for-tat duties on $34b worth of goods
Beijing calls it largest-scale trade war as Trump threatens tariffs on $500b of goods
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Market watch: Buying spree in final minutes helps KSE-100 break losing streak
Benchmark index rises 45.33 points to finish trading at 40,284.14
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Govt to set up Diamer-Bhasha, Mohmand Dam Fund
Will raise financing for two critical water reservoirs
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Pakistan Railways to establish call centres
Management says efforts being made to turn around entity
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As elections approach, govt aggressively borrows from SBP
Data shows Rs1.43tr borrowed during FY18, up 58.5%
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Court’s verdict unlikely to have much impact on economy
Economy is already vulnerable and foreign investors are unwilling to invest
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Pakistan debates merits of going to IMF
NSC briefed on deteriorating macroeconomic indicators
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Market watch: Buying spree in final minutes helps KSE-100 break losing streak
Benchmark index rises 45.33 points to finish trading at 40,284.14
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Rupee stable against dollar
The rupee remained stable against the dollar at Rs121.4/121.6 in the inter-bank market
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New companies’ registration rises 28%
Securities and Exchange Commission of Pakistan (SECP) has registered 773 new companies during June
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Qatar can procure Pakistani goods
Qatar could procure goods and services from Pakistan for the 2022 FIFA World Cup
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Punjab targets data sciences to improve governance
ITU will collaborate with world-class practitioners to create innovative solutions
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Punjab government facing cash flow constraints
Minister insists first priority is payment of govt employees’ salaries
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NEPRA increases K-Electric’s multi-year tariff by Rs0.05
Stops it from recovering losses of Rs16b, bill collection charges and meter rent
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People of Gwadar cannot be marginalised under ambitious development
Seminar on urban design discusses way forward for port city
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FBR forcefully withdraws Rs2b from PRA’s bank accounts
Move a desperate measure to increase tax revenue for 2017-18
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Foreign exchange: SBP's reserves rise 1.31% to $9.79b
Increase attributed to official inflows
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Market watch: KSE-100 ends negative for fifth successive session
Benchmark index decreases 106.87 points to finish trading at 40,238.81
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Abraaj nears out-of-court settlement: lawyer
Group founder Arif Naqvi fighting charges over bounced cheques
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Tax amnesty evokes poor response
An April 5, 2017 assessment of A F Ferguson showed Pakistanis hold about $150 billion worth of assets abroad
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‘Regional states should join CPEC’
Urges all countries in the region and beyond to join CPEC in order to further expand their ties with Pakistan
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Pakistan, Indonesia: Envoy meets SBI chairperson
Prianamto informs the chairperson that they are arranging a seminar here to highlight the Indonesian palm oil industry
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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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Kalabagh dam will equally benefit all provinces: FCCI
Emphasises construction of new reservoirs is imperative for economic survival
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Auditors find Rs128m scam in IESCO
Hold project director, engineers responsible for making excessive payments
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After billion-tree project, PTI plans to build 5m housing units
Imran Khan shares National Affordable Housing Policy to revive Pakistan’s economy
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Cement sales up 15.42% during FY18
June witnesses lower numbers for south-based players
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Inflation touches 44-month peak at 5.2%
Higher petroleum product prices, rupee weakness fuel the rise in CPI
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Flat rate notified on import of vintage, classic cars
Earlier in budget announcement for FY19, govt had said it would impose a flat duty of $5,000 on imports
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Market watch: KSE-100 suffers worst fall of 2018, finishes 1,219 points lower
Benchmark index decreases 2.93% to finish trading at 40,345.68
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Uber in talks with Careem to merge ride-hailing services in Middle East
Uber says that it would need to own more than half of the combined company, if not buy Careem outright
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ICCI lauds extension of amnesty scheme
Says extending the deadline will help in expanding the tax net and fetch more revenue
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CPEC crucial for Azerbaijan’s exports
The cooperation between China and Azerbaijan strongly contributes to the realisation of the silk-road programme
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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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Pakistan’s business delegation visits Greece
Will look to enhance linkages between industrialists
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Ignoring seniors, PPL appoints board member as acting MD
Company should have recommended appointment of a new head to federal government
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National Savings Scheme rates increased
Adjusted for second time in last three months
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Pakistan’s external financing risks piling on: Fitch Ratings
Declining foreign exchange reserves and widening deficit require considerable efforts, says ratings agency
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‘Pakistan moving towards progress’
President says economy reviving and all sectors performing well
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Power consumers repaying Rs180b borrowed by govt
Senator insists tube wells must run on solar energy to control shortfall
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In a flawed policy, 45% of taxes collected at import stage
This leads to increase in prices of goods as importers pass the impact on to consumers
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Market watch: KSE-100 falls 170 points on persistent political uncertainty
Benchmark index loses 0.41% to finish trading at 41,564.42
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Rouhani says US pressure to stop Iranian oil may effect regional exports
Iran, the third-largest producer in the OPEC, exports about 2 million barrels of crude oil per day