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Volatility: Industrialists express concern over rupee’s freefall
Fall in rupee against USD will create problems for businesses and industries
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Philips changing name to Signify
Company will continue to use the Philips brand under the existing licensing agreement with Royal Philips
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On back of textile and cement’s demand, gross advances improve
Private sector credit increases 7.3% quarter-on-quarter
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UK sees huge growth potential in Pakistan
Is committed to helping youth gain skills, knowledge
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Corporate Corner: Interest shown in Pakistan’s cotton yarn
The farm is being used for research and is a perfect example of public private partnership
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Govt decides to scrap sugarcane support price
Plans to link it with the wholesale price of sugar
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Offshore assets now easier to hide with amended wealth statement form
Change allows taxpayers to mention foreign assets in lump sum without details
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FDI expected to surge 60% in Pakistan
BOI chief says Pakistan wants investors of all hues to participate in building the economy
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Market watch: With euphoria continuing, KSE-100 gains another 336 points
Benchmark index increases 0.76% to close at 44,645.95
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Economic Crisis: ‘SBP needs to control fall of rupee’
US dollar rate is ringing alarming bells and calling for immediate attention of the SBP
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Demand: FBR urged to stop harassing builders
The FBR had started issuing notices to the builders and developers
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Corporate Corner: Cannes Lions program comes to Pakistan
The program ‘See It Be It’ was launched by Cannes Lions
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Petrol consumption: Honda Pakistan seeks Japan experts’ help to curb use of chemicals
Asks them to suggest safe limits for metal content in motor gasoline
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Technological empowerment: ‘When women work, economies win’
Experts highlight challenges and opportunities for female employment
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Trade deal: Pakistan set to become member of hybrid rice seed exporting club
Following various national regulatory procedures, the first consignment is expected to be exported in April
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Current account deficit widens 50% in July-February
Amounts to $10.83b; month-on-month gap reduces 26%
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Rupee’s fall stokes inflation fears, concerns over total debt payments
Experts warn move will not reduce free flow of imports into the country
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More open trade may hamper Chinese investment in SEZs
Free trade will make exports to Pakistan cheaper than relocating factories
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Pakistanis likely to bring back $5 billion under amnesty scheme
PM aide says people will not repatriate all offshore assets estimated at $130b
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Govt uses ‘best tool in hand’, allows rupee fall
Currency ends at Rs115 in the inter-bank market
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Market watch: As rupee falls, KSE-100 climbs 770 points
Benchmark index increases 1.77% to close at 44,309.74
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Rupee loses almost 5%, KSE-100 gains almost 1.8% in intra-day trading
Currency traded sharply lower in the inter-bank market, boosting specific sectors in the stock market
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Corporate Corner: Bank Alfalah team visits KATI
those attending discussed the bank’s policy towards the SME Sector
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Low-Income Families: Govt to construct 500,000 housing units
Presently, there is a shortfall of approximately 9-10 million houses in the country
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Currency: Rupee stable against dollar
In the last couple of months, the rupee has cumulatively shed over 4% of its value
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monitoring: Govt to establish IB offices to ensure CPEC security
SEZs will be set up under the second phase of CPEC industrial development
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Handing over cotton body’s control: Bypassing cabinet, Textile Division issues notification
Only cabinet has such powers that also requires amendments to rules
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Export package: PRGMEA irked by delay in release of funds
PRGMEA demanded on Monday speedy implementation of the revised package for 2017-18
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corporate result: Pak Suzuki Motor’s profit rises 38% to Rs3.8 billion
Sales swell 47% to Rs29 billion in Q4, driven by volumetric growth
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Fortnightly report: Cotton supply increases 7.7% by mid-March
Textile mills consume 10.74m bales, exporters buy 216,615 bales
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Budget 2018-19: PSX proposes rationalisation of CGT rates
Wants government to encourage investment in under-pressure stock market
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Seminar: ‘GDP growth to touch 6% this year’
Finance adviser assures of tangible support to Islamic finance industry
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Pak-China: PCJCCI identifies seven sectors for joint ventures
sectors include handicrafts, textile, leather, gemstones, sportswear, surgical instruments
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Unilever announces fresh $120 million investment in Pakistan
Will expand operations, aim to ‘become a billion-euro company by Dec 2019’
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Another body formed for ‘CPEC promotion’ with Rs339 million budget
Mandate approved by CDWP overlaps with Board of Investment’s functions
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Facebook shares slide after reports of data misuse
After media reports that a political consultancy gained inappropriate access to data on 50 million Facebook users
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Slowdown in Chinese funding requires urgent attention
This is believed to have caused 18% reduction in import of power generation machinery
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Microfinance banks crucial for economic growth
FINCA CEO says there is lot of room for improvement in SME segment
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Pakistan’s e-commerce market size set to cross $1b this year
Yayvo head Adam Dawood says coveted sales mark will be reached based on six-month performance
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Pakistan needs to bring reforms, rather than revolution
To realise CPEC objectives, systematic and comprehensive reforms are required
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Govt approves lease of PSM plant and machinery
Steel Mills cutting strength of employees
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‘Crowded trade’: Wall Street’s tech love affair might end in tears
Potential for a volatile sell-off high if overall sentiment changes
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Indus Motor says it will increase car prices further
CEO cites rupee’s weakness as the primary reason
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GSP Plus: Businessmen call for reforms to take full advantage
Business community seeks maximum benefits from Pakistan's GSP Plus status upgradation
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Corporate Corner: Mari Petroleum, PGNiG ink MoU
Mari Petroleum and a Polish oil & gas exploration company, signed a strategic cooperation initiative
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Infrastructure Development: ‘CPEC will boost IT sector’
Pakistan has become an attractive market for people-centric mobile-based applications and products
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Worrying economic indicators keep investors jittery
KSE-100 increases 352 points or 0.82% in outgoing week
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Pakistan’s latest shot at industrialisation under CPEC needs homework
Planning Commission’s deputy chairman Sartaj Aziz says joint ventures with Chinese counterparts need of the hour
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Indus Motor says it will increase car prices further
CEO cites rupee's weakness as the primary reason
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110,000 smartphones to be distributed among farmers
The initiative has been taken by the Punjab government under the banner of Khadim-e-Punjab Kisaan Package