Business

Gets encouragement from new auto policy, CPEC programme

Islamabad has largely exhausted $1.5b additional financing facility under currency swap arrangement with Bejing

Compared to the corresponding week of previous year, the SPI for the combined income group rose 1.51%

The changes will come into effect immediately

SBP has maintained that the slide in the rupee’s value is due to supply and demand dynamics of foreign exchange

Activity picks up with investors remaining optimistic about interim set-up

Industry believes it can help save the country billions in imports

Initiative for release of gunny bags, delay in purchase causes behind the failure

It took the decision just a day before the end of its tenure

Also stops the process for appointing CEOs of three joint investment firms

A Kuwaiti pension fund has filed case against the equity firm in Cayman Islands

Blames overloaded grid stations of NTDC that hampers smooth supply

Its Pakistan partner will initially import vans and minivans

SBP maintains slide in rupee’s value due to supply, demand dynamics of foreign exchange in the inter-bank market

Pakistan participated in an event in Brussels called “European Development Days” on June 5-6

The terminal has handled more than 160 LNG carriers in approximately three years

Meeting is expected to approve billions of rupees worth of projects

ICCI Senior Vice President says water shortage is emerging as a national challenge for the country

Was briefed on production, consumption of gas and petroleum products

Asks why other countries were ignored; former PML-N govt may land in trouble

Company has not yet paid $800m in privatisation proceeds of PTCL

The country's foreign exchange reserves had been on a downward spiral for the past four weeks

Benchmark KSE-100 Index loses 196.09 points to finish trading at 43,948.11

Barkat company will contribute an investment of Rs100 million while its Dutch counterpart will invest Rs75 million

Plan to be reviewed by FATF in its plenary meeting from June 24 to June 29

Engro Elengy does not have a monopoly in the LNG industry

SBP has maintained that the slide in the rupee’s value is due to supply and demand dynamics of foreign exchange

The government must take urgent measures to overcome load-shedding, said ICCI acting President

Approves $325m loan to enhance Pakistan’s energy security

Its delegation will visit Chinese cities for business matchmaking

Delegation leaves for the kingdom to explore market

Cotton seeds have been planted over 2.31m hectares, 22% short of target

Board’s top brass briefs new finance minister on their performance in FY18

Agrees Sindh’s reservations about its water share in the dam are justified

In a briefing on economy, cabinet stresses need for corrective measures to prevent it from deteriorating

EU’s lending arm is reluctant to engage in Iran under pressure from the United States

Benchmark KSE-100 Index gains 1.01% to finish trading at 44,144.20

Official grand opening to be held on June 7

The hiring process was again initiated by the Ministry of Petroleum and Natural Resources via a letter

Earlier taxes were collected manually through NBP’s branches, which had its own challenges and complications

We are thrilled to provide the traveling community with new options to experience Emirates, said Divisional senior VP

ADB increased its financing for environmental sustainability to address environmental degradation

SBP has maintained that the slide in the rupee’s value is due to supply and demand dynamics of foreign exchange

Praises Supreme Court’s action on water and Kalabagh issues

SECP says it is giving last opportunity for complying with regulations

Country already faces shortfall of up to 5,000MW of electricity in summer

The prime minister expressed concern over the huge losses in various distribution companies

Excellent crop at home, low production by competitors help increase shipments

ECC declared PQA site unsafe while scrapping bidding process

The shareholders believe that their interest was not taken care of and they were ripped off their due compensation