Business

Pakistan and Turkiye discuss boosting trade and collaboration in steel, manufacturing, and technology at IDEAS 2024.

Financial institutions try to meet 50% advance-to-deposit ratio by Dec-end

Oil prices drop as investors weigh Russia-Ukraine conflict and rising US crude and gasoline stocks.

Power Division suggests settling Rs1.8tr liabilities via PIBs or Islamic bonds

NEPRA warns of a growing crisis as declining power sales risk undermining the financial stability of the energy sector

The KSE-100 index surged over 800 points in intra-day trading.

Central Asian state agrees to ink MoUs for capital injection in Pakistan

Increase follows similar pattern observed over the last two days, where both global and local gold prices rose sharply

Envoy stresses importance of attracting tourists, boosting exports

FBR estimates tax at Rs100b while tax advisory firm puts figure at Rs197b

Reaffirms commitment to enhancing participation in economy

The IMF's latest World Economic Outlook forecasts global economic growth at 3.2% for both 2024 and 2025.

Industry leaders call for creating balance between national security and growth

Calls for extended operating hours, says weekly losses amount to Rs2.7b

Only 10% of women entrepreneurs had access to formal markets and just 2% utilised online marketplaces.

Rupee weakens despite current account surplus

Shazaf Fatima pointed out the strong ties between the two nations and highlighted the potential for mutual growth.

Index gains 861 points, driven by economic data, tech and pharma stocks

Program to focus on improving disaster risk management, enhance institutional frameworks for climate adaptation

US Dollar at Rs 276.40 for buying and Rs 278.90 for selling.

Despite the sharp rise in gold prices, the price of silver remained unchanged.

The benchmark KSE-100 index rose by 844.22 points in intra-day trading.

Gets critical support from 24% spike in remittances, 11% rise in exports

Investment is significantly higher compared to last six-month average of $187m

Bank recommends nine prior actions before privatisation of power distribution firms

Pakistan Customs' sudden green channel changes cause delays, impacting imports and increasing costs for businesses.

Privatisation minister highlights lack of cooperation in selling airline

Shipments reach $1.56b, but exporters sceptical amid challenges

Index settles at 94,996 as C/A surplus boosts investor confidence

Country's strategic location, improved ports likely to woo global investors

Decision to attract $5b investment, play role in controlling debt

ICT remittances in Pakistan surged 34.9%, reaching $1.206B in Jul-Oct FY24-25, led by export growth.

The price of silver per tola stayed steady at Rs3,250.

Govt fails to incentivise transition from high-emission vehicles to cleaner, more sustainable Evs

Mass-producing industrial sector gets squeezed in presence of bottlenecks in agriculture

It is time to prioritise climate adaptation, reconsider policies for real impact

Grouping is influenced by geopolitics, rather than tackling economic challenges

Pakistan's future hinges on investment in sectors where it has natural edge

Bloomberg highlights that Pakistan Stock Exchange-100 Index ranked as the second-best performer globally this year

Minister urges fertiliser firms to slash prices by Rs3,000 to reduce input cost of crops

Research houses project bourse may hit 120,000 points by end of 2025

Gazprom halts gas to Austria's OMV amid transit disputes as Ukraine pipeline deal nears year-end shutdown.

Traders argue not all chemicals need to be handled as inflammable

Centre takes loan for purpose that is responsibility of cash-rich provinces

Leaders highlight need for inclusive financial solutions

Expert says govt may have to approach IMF again due to poor FBR performance

Outlines efforts to promote trade and investment with Pakistan

Envoy emphasises technology exchange to address shared challenges

KSE-100 index rises 1.6% week-on-week to 94,764 points

Developing states need $1tr a year to cope with climate change