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After Trump’s diatribe, sensible approach needed to rescue economy
US may influence global institutions to stop disbursing billions to Pakistan
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PIA has flown into oblivion, but its new CEO wants to steer it back
Rasool Cyan says new routes to be offered, turnaround could take 24-30 months
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Fruits And Vegetables: ‘Steps being taken to reduce wastage’
The government is taking measures to prevent wastage of fruits and vegetables during delivery
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Self-Accountability: ‘Meter readings to be sent via SMS’
Faisalabad consumers would soon get meter readings on their registered mobile numbers
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By mid-2018: With Fintech, Pakistan set to dismantle barriers to branchless banking
PTA takes steps to enable transactions across all mobile networks
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Weekly review: KSE-100 marches up 5.1% in 2018’s first week
Traded volumes increase 10%, while traded value rises 9% in outgoing week
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As taxes bite: Saudi Arabia boosts citizen benefits
Jobless rate among Saudis aged 15-24 years has risen to 32.6%
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New auto players to invest over $800m in Pakistan
Dewan will revive Shehzore production, others will set up assembly lines
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‘Energy tariffs could come down in 10 days’
PM’s adviser Miftah Ismail says uniform gas tariff across Pakistan not possible
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Foreign loans contracted by government cross $40b
Figure shared by EAD last month was $34.2 billion, excluded amount from IMF programme
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Dr Ishtiaq Hussain Qureshi Children Park inaugurated
Dean Faculty of Medicine Iqbal Azhar inaugurated the park at Karachi University
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Week-On-Week: SPI drops 0.31%
Compared to the corresponding week of the previous year, the SPI for the combined income group rose 3.47%
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Rupee stable against dollar
The rupee remained stable against the dollar at Rs110.2/110.4 in the inter-bank market on Friday
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Rs175b financing approved for third LNG pipeline
ECC also approves to revive stalled under-construction Jamshoro Power Plant
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Kassim Parekh Classroom inaugurated
A legacy space was inaugurated in honour of the late banking legend at the Habib University
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PBIT signs MoU with Spain-based company
The Spanish delegation expressed eagerness for NET de GERRERS and PBIT to engage positively in mutual interest
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Industry blames constant rise in debt for poverty, lack of development
ICCI insists govt should rely on domestic resources to restrict debt growth
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Punjab launches ‘direct subsidy on fertilisers’ programme
Web portal meant to ensure transparency and evaluating mechanism
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Finance secretary retires, but will be appointed Advisor to the Ministry of Finance
Shahid Mahmood’s tenure ends on Jan 6, summary for new post to be moved next week
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Neelum-Jhelum power project: Water filling in waterway tunnels begins
CEO says project fast heading towards completion
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Power Division seeks tax exemption for CPEC energy projects
Holding dialogue with the FBR on expectations of a positive outcome
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Pakistan’s budget deficit increases to Rs826b
High cost of debt servicing contributes significantly to worsening position
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‘Pakistan will be no way near $35b export target in June 2018’
DG trade policy believes exports will be above $36b in next five years
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Market watch: KSE-100 gains 615.28 points to power past 42,500
Ends positive for 12th successive session as buying spree continues
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Academia-industry links key to economic growth
NUST students get tips on starting businesses from ICCI members
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After facing challenges, chief economist resigns
He was appointed by former PM Sharif three and a half years ago
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FBR seeks budget proposals
The board had requested the stakeholders to give their input and suggestions in a specific format developed by the FBR
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Rupee stable against dollar
The State Bank of Pakistan has maintained that the slide in the rupee’s value is due to supply and demand dynamics
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ICCI calls for promoting academia-industry linkages
Stresses creating an entrepreneurial culture in universities to produce job creators
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SBP chief confident SME policy will achieve its goal
The governor underscored the significance of its smooth implementation and successful execution
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‘Govt wants to hand over power with stable reserves’
Minister says no need to panic, foreign currency reserves are at comfortable level
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PAAPAM to hold 14th auto show in March
The new auto policy had rapidly changed the landscape and industry players would re-enforce their market positions
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Bosan asks provinces to protect sugarcane farmers
Insists growers be given the official price of Rs180 per 40 kg
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Cement capacity utilisation touches 95%
Exports suffer decline as APCMA blames govt’s lax attitude
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CPEC will improve tourism services in the country
PTDC MD expects improvement in public information, convenience in transportation
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Funds meant for tackling poverty mainly spent on salaries, other areas
Social indicators worsening despite Rs44b increase in budgetary expenditures
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Foreign exchange: SBP's reserves fall 0.19%, stand at $14.11b
Decrease attributed to payments on account of external debt servicing
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Market watch: KSE-100 ends positive for 11th successive session
Benchmark index gains 364.44 points, but falls short of 42,000 level
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Merrill Lynch bans clients from investing in Silbert bitcoin fund
The Wall Street brokerage stopped approving new orders due to concerns about the suitability and eligibility standards
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SNGPL to establish facilitation desk at LCCI’s office
The chamber would appoint a focal person to coordinate with SNGPL on day-to-day issues
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Rupee stable against dollar
Market rumours suggest the move is part of IMF’s conditions for another bailout package
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Zubair invites Norwegian investors
He speaks of the role played by Pakistan in the war against terror
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Electricity wastage in Punjab
farmers are facing shortage of water by 30% despite supply from the canals system, rains and ground water
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Oil sales drop 11.4% due to planned closure of power plants
Furnace oil sales decline by a hefty 44% year-on-year to 0.43 million tons
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ICCI links sector’s growth to overall economic progress
Senior Vice President Muhammad Naveed said due to the situation, many investors are leaving the real estate sector
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PSO starts sending termination letters to daily-wage employees
Step apparently taken to avoid court case filed for service regularisation
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New border terminals planned to push trade with Kabul, Delhi
NLC will also upgrade existing terminals at Chaman, Torkham and Wagah
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USF expected to spread broadband services
It should generate local content to create demand for telecom services
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China to keep providing assistance to Pakistan’s power sector
Power Division decides to meet all CPEC investors individually to boost cooperation
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Auto rickshaw maker to set up car assembly plant by June 2019
Sazgar puts rickshaw expansion plan on hold to tap potential growth in auto sector