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conference: PU holds moot on special education
Researchers from around the world took part in the ceremony
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Amid boycott, NEC approves Rs1.030 trillion federal PSDP
Sindh, K-P and Balochistan CMs say PML-N govt lacks mandate to present full year’s budget
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2018-19: ‘Budget finalised on political terms’
Government will announce decisions to please voters, which would be short-lived
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Business Tour: Women’s chamber visiting China
Women delegation on a 12 day visit to explore business opportunities
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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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market watch: KSE-100 gains 505 points as oil stocks garner attention
Benchmark increases 1.11% to close at 45,876.7
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‘Rights crucial for innovation-driven growth’
Commerce minister says a lot still needs to be done for progress
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Bilateral trade: ‘Potential exists to boost volume’
Both countries have the potential to increase the trade volume, says textile association VP
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PPL’s profit jumps 47% to Rs11.07b during January-March
Increase mainly led by surge in sales and other income
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corporate results: Ghandhara Nissan’s earnings fall 28% to Rs198m
Company also announces raising equity through sale of right shares
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Senate panel gives approval to tax amnesty schemes
Development comes as major boost to PML-N and its plans
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Punjab unveils milk vending machine
One unit costs Rs600,000, says livestock and dairy development board official
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Corporate result: Sazgar Engineering’s profit declines 9%
The company’s revenue also declined by 6% from Rs1.25 billion to the current Rs1.18 billion
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PML-N targets 6.7% growth rate in 12th Five Year Plan
Will also look to bring down public debt to below 60% of GDP by 2023
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High taxes a hurdle to rapid progress of telecom services
Though the sector has made giant strides, there is still room for improvement
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Budget 2018-19: What bold steps should you expect to see this year
Govt’s budget announcement is key for several reasons including upcoming elections
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PSX: the goose that laid the golden eggs
Barring the first budget, the PML-N has sharpened its knife on stock market every year
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The changing landscape and face of Pakistan’s auto sector
Govt has taken various measure to promote the industry including announcing the auto policy in 2016
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Agriculture sector continues to get incentives
PML-N govt has gradually increased credit ceiling, provided heavy subsidies
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Despite getting incentives, textile exporters still struggle
They are seeking more concessions like cut in power tariff, removal of GIDC in the upcoming budget
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Review: Economy isn’t really better off than it was in 2013
The government may have improved indicators but very few targets were met during five-year tenure
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Circular debt – a major drag on the energy chain
As govt’s tenure draws to a close, the debt problem aggravates instead of getting better
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False hopes: Surplus electricity – a far too less realistic picture
Despite repeated vows, PML-N may not be able to end outages by the end of its term
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Lobbies at work to turn energy mix in their favour
Present govt increasingly focuses on imported LNG and coal in power production
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Govt working on increasing tax on cigarettes
In FY18 budget, tax rate had been cut that increased tobacco consumption
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NEPRA slashes power rates by Rs1.86 per unit
Regulatory body declines govt’s request to increase tariff
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corporate result: Engro’s profit surges 62% on back of fertiliser, polymer units
Earnings stand at Rs6.83 billion in the quarter ended March 2018
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Budget Proposal: ‘Liberal investment policies needed’
These foreign remittances can be used for the creation of new employment opportunities
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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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Unaffordable: Constructors demand decrease in duties
Pakistani construction companies cannot even afford second hand equipment and machinery
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Launch in Karachi: National incubation centre to start operations
It will train innovative youth, nurture tech-based budding entrepreneurs
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Fauji Foods reports loss of Rs619 million
compared to a loss of Rs447 million in the previous year
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corporate results: PSO’s profit increases 13.55% to Rs4.7b in January-March
Increase mainly due to higher sales and income from other than core business
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Govt to set lower dividend target amid issues
Has also revised estimate for outgoing year due to poor performance of state enterprises
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PML-N fails to get tax amnesty bills passed through NA panel
While it has no legal ramification, endorsement would have acted as vote of confidence
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Rupee loses ground in open market, SBP calls ‘emergency’ meeting
Panic buying pushed currency down to Rs118.5 in intra-day trading
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‘Pakistan unlikely to suffer from US-China trade war’
Experts say country is not too integrated in global value-chain
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The real cost of cheap shirts
Bangladesh is able to save on manufacturers’ costs by paying one of the lowest minimum wages in the world
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Market watch: KSE-100 ends losing streak, closes 113 points higher
Benchmark index gains 0.25% to settle at 45,371.96
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Moves may be economic, but players are all political
Miftah Ismail answers queries about tax amnesty scheme
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Ministry of commerce finalises national tariff policy
Recommends gradually reducing duty on raw materials and machinery for export-oriented industries
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Regulators in Pakistan - watchdogs or lapdogs
Both CCI and parliament lack technical capacity and resources to evaluate performance
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Opinion: K-Electric – a private enterprise without competition
Country has surplus LNG that can be diverted to the power utility
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Pakistan’s export performance is correlated to cotton prices – and this is a concern
This is why there is a need for value addition and diversification
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Economic policy should be at forefront of coming elections
For a nation facing structural, functional and systemic crises, economic delivery is crucial
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Afghanistan approves first full-fledged Islamic bank
IBA, the first lender in the country to apply the interest-free principles of Islamic finance in all its operations
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Rs8b set to lapse over slow utilisation of Fata funds
Total number of unapproved schemes is 168 out of the initial B status new schemes of 444
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Weekly review: KSE-100 plummets 813 points as sentiment remains negative
Selling in banking and oil stocks leads decline
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Govt proposes gradual duty cut in new tariff policy
Makes public draft of the policy for feedback before formal approval
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Curbing loans: US lends support for increase in World Bank funding
Mnuchin praises World bank's decision to significant shift lending to poorer clients