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Lobbying on for post of finance secretary
Jahanzeb Khan, Tariq Pasha among favourites to replace Shahid Mahmood
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Terror war losses outstrip ‘generous’ US payments
Islamabad bears a loss of $123 billion against American assistance of $33.4 billion
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Korean companies to invest in health care, infrastructure
Sign MoUs with the Punjab Board of Investment and Trade
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CPEC’s Centre of Excellence fails to fulfill core responsibility
Established at a cost of Rs1.2b, it has been unable to conduct studies or research helpful in policymaking
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Market watch: Stocks breach 41,000 barrier on healthy gains, activity
Benchmark KSE-100 Index rises 775.83 points to settle at 41,486.87
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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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Pol Products: LCCI urges reversing price hike
POL price increase would also affect the country’s agriculture sector
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Increasing Revenue: Petrol prices hiked in Saudi Arabia
This is the second hike since the beginning of disturbance in oil prices in the international markets
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Power companies directed to provide new connections
PEPCO chief warns the matter may be taken to NAB and FIA
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Shariah-compliant assets making headway
Represent 34.6% of total Non-Banking Financial Institute industry’s assets
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Pakistan Petroleum finds tight gas in Naushehro Feroze
Still, country has a long way to go to bridge 3bcfd gap through domestic sources
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MCCI lauds Miftah Ismail’s appointment
MCCI expressed full confidence in Ismail’s ability and expertise to uplift the economy
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Chinese delegation expresses interest in business ventures
Companies eye pharmaceutical, auto, chemical and solar energy sectors
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Pakistan spends over Rs2b on legal expenses in Progas case
Can potentially win back Rs1.3b of expenses if LPG company loses appeal
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Pak Suzuki increases prices of its Mehran, Wagon R variants
Rates of Bolan and Ravi also revised upwards
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Market watch: Stocks kick off 2018 with positive finish
Benchmark index gains 239.56 points to settle at 40, 711.04
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Inflation spikes 4.6% in Dec 2017, hits 8-month high
Rise in petroleum prices, levy of regulatory duty caused the increase in CPI
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The highs and lows of the financial world
Bank of China opened its first branch in the country
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Energy chain’s picture improves, but circular debt still haunts country
Though new projects come on line to ease shortages, corporate receivables also swell
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PSX ends as world’s worst market in 2017
In 2016, the KSE-100 was Asia’s best-performing index
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Rupee to stay under pressure
Without IMF programme, many believe country cannot escape default situation
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The year Pakistan’s auto sector got a facelift
Consumers set to benefit from new players like Volkswagen, Renault, Kia and Hyundai
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Bond float not enough, Pakistan going to be IMF’s customer again
This time conditions will be harsher as country could not meet some tough terms previously
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Hello 2018: Petrol price upped by Rs4.06 per litre
High speed diesel price increased by Rs3.96 per litre, light speed diesel price Rs6.25 and kerosene Rs6.79
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From Jan 2018: FBR to launch system to monitor sales
The coverage of RIMS would be extended to all hotels and restaurants in Islamabad
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Opinion: Ongoing projects can improve standards
Around 6,080 ongoing development projects are underway in Punajb
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Forex: Dollar falls to end worst year since 2003
The dollar fell to its lowest in over three months
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In a bid to diversify, Pakistan plans oil imports from Russia
Likely to sign state-to-state agreement to reduce reliance on Middle East
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Memon inaugurates Aisha Steel Mills’ expansion project
SBI chairperson says project reflects investors’ confidence
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Quitting business: Jovago packs up as parent company withdraws support
Hotel booking portal could not find new investor to keep operations running
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Hyundai Nishat Motors raring to go, but hybrid vehicles on the back seat
Company official says regulatory and other issues may cause delay in introduction of new technology
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Green light: Cabinet approves merger of Summit Bank with Sindh Bank
Latter would be the surviving entity; transaction swap ratio to be 4.17:1
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Weekly review: KSE-100’s relief rally continues
Index stays in green throughout the week, buoyed by encouraging political developments
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Pakistan’s external financing needs $18 billion, says ministry
Claim apparently aims to allay fears that SBP could freeze foreign currency accounts
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Aided by regulatory duty, tax revenue increases 16.3% to Rs1.712tr
Collection still short of target, shortfall may add 0.3% of GDP to budget deficit
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PIA revs its engines with aim to deliver improved service
National carrier plans to turn around entity in 18 months, achieve profitability by 2022
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Week-On-Week: SPI rises 0.04%
During the week, prices of seven items fell and rates of remaining 31 goods recorded no change
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Rupee stable against dollar
The rupee remained stable against the dollar at Rs110.3/110.5 in the inter-bank market on Friday
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SCCI urges interest-free loans
President urges the government to provide interest-free loans to exporters on a five-year export plan
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Industry hopes textile exports will jump to $13b this year
Shipments had dropped to $12.45 billion in previous fiscal year
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Power companies warned against unplanned outages
Minister asks them to come up with estimates of power generation in upcoming year
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Traders seek assistance as extortion complaints float
Say law enforcement agencies need to address these incidents
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Maple Leaf stops construction at expansion project
Company announced in August this year that it had decided to raise Rs4.28 billion from the PSX
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Energy ministry reaffirms support to K-Electric in tariff row
Asks NEPRA to take final decision in line with govt's policy directives
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OGDCL finds new deposits of oil, gas in Khyber-Pakhtunkhwa
Annual profit to increase by Rs0.33 per share, says brokerage house
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Pakistan announces $1.5b hydropower project in AJK
700MW project will be financed by foreign sources
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FBR move to claim executive powers rejected
Cabinet committee says federal govt powers cannot be delegated to any authority
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NA panel seeks details on $6.2b borrowing by SBP
Query comes amid fear that central bank may freeze foreign currency accounts
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ECC approves conversion of dual fuel power plants to LNG
Cabinet body authorises CPPA-G to sign deal for revised payment terms for generation on RLNG
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Miftah targets tax reforms, touts rupee flexibility
Government has in recent months devalued the rupee, imposed tariffs on imported goods and sought to boost exports