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Bulk of Chinese financing goes to three CPEC projects
These are on eastern route; other projects are way behind deadlines
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Market watch: KSE-100 plunges 758 points as election day approaches
Benchmark index decreases 1.84% to settle at 40,463.98
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Europeans press for digital tax at G20 meeting
The final communique reaffirmed a commitment to address the impacts on the international tax system by 2020
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Pakistan struggles to attract FDI
India and Bangladesh have moved ahead in attracting foreign investment
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Long-term solutions needed to boost faltering economy
These include rapid industrialisation, sharp increase in exports and skill development
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Govts come and go, but power-sector challenges still there
New govt will have to improve transmission and distribution, control debt
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Pakistan-assembled Hyundai cars to roll out in March 2020
Company will produce 7,000 units in first year, says official privy to developments
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Great opportunity to opt for innovative project financing
Govt may create special purpose vehicles that will float bonds to raise funds from resident, overseas Pakistanis
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Department of Plant Protection operates with ‘contractual’ DG
Despite notification, official appointed on contractual basis
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Germany drops sanctions on Turkey
The move comes after Ankara ended its two-year state of emergency
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Republicans drop efforts at sanctions
Bars government agencies and contractors from doing business with ZTE
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S&P raises Greece debt outlook
The positive outlook on Greece reflects the likelihood of an upgrade should the government implement reforms
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Xi ends UAE visit with raft of deals
Both countries agree to forge strategic partnerships
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Trump accuses China, EU of currency manipulation
US president has expressed will to impose tariffs worth over $500 billion
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KSE-100 ends with 951-point gain as volatility increases
Election euphoria, rupee devaluation, hike in interest rate drive market sentiment
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Chinese companies have advantage over other auto sector players in Pakistan
Official believes rupee devaluation to hurt Japanese and Korean brands more
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Minister defends petrol price hike, rupee depreciation
Insists these steps will facilitate new elected government
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Despite no need, finance ministry plans to set up macroeconomic unit
Already half a dozen offices are working; aim is to make better projections
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Pakistan moves towards its first ‘weaving city’
MoU signed to establish sector in Faisalabad
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Rupee weakens 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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IT ministry organises event for induction of DigiSkills
DigiSkills is Pakistan’s largest online, free training programme, aiming to equip a million people across the country
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SPI decreases 0.04%
During the week, average prices of 15 items rose in a selected basket of goods
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Allied Bank receives Best Bank in Pakistan award
Euromoney’s awards for excellence recognise banks that demonstrate an ability to deliver the requisite services
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WCCI hosts session on SMEs
Focuses on creating environment beneficial for entrepreneurship
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PPL finds meagre gas reserves in Balochistan
The Hub X-1 discovery is too meager to have any commercial significance, says PPL
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‘Branchless, mobile banking regulated activity in country’
No transaction allowed to be conducted anonymously: SBP
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Dutch firm takes 29% stake in Engro’s Elengy Terminal for $38m
Engro will reinvest sale proceeds with focus on agriculture, renewable energy and technology
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Currency crisis tops agenda for whoever wins Pakistan election
Country has forecast economic expansion to hit 6.2% in FY19, but IMF sees it stumbling to 4.7%
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Pakistan’s 4G broadband speed faster than India’s
It is ranked 96th in the world in mobile internet download speed
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IMF, finance ministry way off on Pakistan’s economic misery
Failure to make accurate forecasts puts question mark over capability of both institutions
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Market watch: KSE-100 plunges 574 points as profit-booking takes over
Benchmark index loses 1.37% to settle at 41,221.75
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PHMA asks SBP to remove curbs on advance payments
Insists restriction will hurt export industries, raise cost of doing business
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TDAP holds meetings on export issues
Meetings held to build linkages between the government and the private sector for timely resolution of issues
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CEO/president not placed on ECL: UBL
UBL said the FIA investigation into the alleged fake accounts is proceeding
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Currency: Rupee weakens against dollar
The rupee weakened against the dollar to Rs128.30/128.50 in the inter-bank market on Thursday
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Senate panel urges focus on diversification
Says dependence on just textile, agriculture needs to stop
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NEPRA likely to revise tariffs for renewable energy projects
They are eligible for concessionary financing under an SBP scheme
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Punjab plans to use fruit, corn waste as animal feed
Can purchase mango waste from processing units for producing fodder
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PEPCO begins inquiry into Rs350m scam
Scandal surfaced after IESCO officials made excessive payments to contractors
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Size of Pakistan’s economy is $313.13 billion, says SBP
Central bank uses period average M2M exchange rate to calculate GDP
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Pakistan’s borrowing soars to record high at $11.4b
Mounting debt, steep decline in reserves reasons behind heavy reliance on external creditors
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Pakistan’s current account deficit peaks at $17.99b
Widening gap has given birth to import payment and debt repayment crisis
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Japanese inventors step up to offer relief from sweltering heat
A jacket that cools the wearer has side panels carrying two built-in battery-operated fans to draw in air
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Market watch: KSE-100 continues to advance with 898-point gain
Benchmark index rises 2.19% to settle at 41,795.59 points
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Foreign exchange: SBP's reserves fall to alarming level after 4.4% decline
Now stand at $9.06b; central bank cites no reason for decrease
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Gas & Oil Pakistan donates Rs12m
GO believes it is their national duty to rise up to the occasion and provide a helping hand in this great initiative
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Punjab seeks applications from growers
farmers who cultivate cotton crop on three acres or more than three acres of land can participate in the competition
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Rupee strengthens 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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SMEDA initiates new policy development process
Policy and institutional focus can make Pakistani SMEs competitive in international markets
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Businessmen slam govt for failure to curb rupee’s free fall
Say economy is on verge of bankruptcy due to heavy borrowing

















































