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PFC to participate in Dhaka fair
PFC to debut at Dhaka International Trade Fair, showcasing Pakistan’s premium furniture to global markets.
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UK envoy introduces export programme
Mahesh Mishra discusses UK’s new programme to boost Pakistani exports and strengthen trade relations.
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US Federal Reserve cuts interest rates, signals slower pace of future reductions
US central bankers now project they will make just two quarter-percentage-point rate reductions by the end of 2025
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Honda and Nissan in talks over possible merger, sources say
A combined Honda and Nissan would create a $54 billion company with annual output of 7.4 million vehicles
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Gold prices see hike in Pakistan
The international bullion market witnessed a $10 increase in gold prices, pushing the per ounce rate to $2,647
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Driving change: How inclusive business models can shape Pakistan’s future
To flourish, corporate Pakistan needs to invest in people, embrace diversity, and adopt sustainable practices
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PSX sees biggest single-day decline, plummets over 3,700 points
The index eventually closed at 111,070.29, reflecting a historic single-day drop of 3,790.39 points.
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Power consumers to get relief of Rs0.63/unit
Fuel adjustment for November 2024 promises cost savings on diverse energy mix
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Decade-high C/A surplus posted
Surge in remittances, decline in imports drive surplus to $729m in November
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Bitcoin rallies past $107,000
Number 2 digital currency ether was up 1.85% at $3,975.70.
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Plan to end agri-sector intervention sought
Food ministry is required to come up with plan to shift to market-determined prices of commodities.
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World Bank, Pakistan discuss climate resilience
Agree to collaborate on investing in agriculture, water, energy, floodwater management, and disaster risk reduction
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PSX closes lower amid volatility
KSE-100 index drops 1,309 points, settles at 114,861
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Display centres to be set up to boost trade
Trade with Kazakhstan set to double in three years through joint initiatives
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E-commerce sector can surge above $6b
Pakistan's demographic dividend is major advantage
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Langrial for improving tax receipts
Reveals Rs3.1tr shortfall in sales tax, Rs2tr in income tax; says ratio must be 14%
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Gold falls Rs2,100 ahead of Fed rate decision
Rupee loses 10 paisa to 278.27 vs dollar, which remains strong internationally
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Cabinet committee discusses roadmap to boost Gwadar port utilisation
Commerce Minister Jam Kamal chaired a meeting to explore routing 60% of public sector imports via Gwadar Port
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US Fed Reserve kicks off meeting with expectations of final rate cut of 2024
Its rate decision will be published once the meeting concludes on Wednesday
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Gold price falls below Rs275,000 per tola
On Tuesday, 24K gold fell by Rs2,100 per tola, reaching Rs274,900
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PSX turns bearish after Index briefly crosses 117k mark
KSE-100 index drops 1.13% today with the decline, reflecting market volatility.
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Currency exchange rate: Saudi Riyal to PKR for December 17, 2024
The Saudi Riyal today is buying at Rs73.95.
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US eyes boosting investment in Pakistan
Envoy highlights employment of Pakistanis at US firms, women's inclusion initiatives
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Uplift spending down to Rs115 billion
Despite resource shortages and IMF conditions, govt prioritises provincial projects
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Trump team to roll back Biden EV policies
Proposes cuts to electric vehicle support, strengthen China-related auto restrictions
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Pakistan, Russia to cooperate across key sectors
Protocol signed to enhance EV assembly, eCommerce, pharmaceuticals, agricultural machinery, etc
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'Produce local medical devices'
Experts urge govt to address regulatory delays, support local manufacturers
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OGDCL revives heavy oil well in Chakwal
Enhances production at Rajian oil field to 2500bpd via optimisation techniques
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Industrialists warn of persistent smuggling in Pakistan
Urge govt to implement policy reforms alongside its enforcement in critical sectors of tobacco, sugar
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Gold prices, rupee value drop slightly
Bullion's price falls by Rs800/tola on global trends; currency slips by 0.02%
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Business leaders criticise 'insufficient' rate cut
Industrialists urge SBP to slash rates by 5% or convene MPC every 15 days to bring rates to single digit
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PSX soars on rate cut optimism
KSE-100 index jumps 1,867 points to 116,169.41 as investor confidence strengthens
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Walton family tops Bloomberg's wealthiest families list with $432.4b
House of Nahyan, UAE rulers, took second place with $323.9b, while Al Thani family of Qatar secured third with $172.9b
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PSX hits historic high as KSE-100 briefly crosses 116k points
Stock market rises 1.25% , with the current index at 115,987 during intra-day trading.
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Winners of Rs200 prize bond draw for December 2024 announced
The much-awaited Rs200 Prize Bond draw took place today at the National Savings Centre in Sialkot
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PIA cuts fares for international flights
PIA cut fares following the approval of a waiver on FED
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USD exchange rate: Rupee edges lower against dollar, stable against others
The rates show slight fluctuations, with the Pakistani rupee experiencing minor changes against key currencies
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Tax trap and top 1% income earners
People do not work to pay taxes; they work to earn after-tax income
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US-China trade spat: global economy may suffer
Trade war seems to be intensifying ahead of US President-elect Trump's inauguration
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Role of remittances in Pakistan's economy
Remittance flows are ironic in their very nature with respect to motives behind them
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Rethinking urbanisation to develop climate-resilient cities
Data shows cities are responsible for 75% of global energy consumption, 70% of GHG emissions
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Is bourse on way to MSCI EM status?
As key firms cross thresholds, time is ripe to pitch Pakistan as emerging market
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Pakistan's forex reserves top $12 billion for the first time since 2022
Pakistan's total foreign exchange reserves reach $16.62 billion, with commercial banks holding $4.58B of the total.
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Salaried class pays nearly Rs200b in taxes
Income tax receipts from salaried people rise 57% compared to last year
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Rs200 prize bond draw date for December 2024 announced
The Rs200 prize bond draw for December 2024 is scheduled for December in Sialkot
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Gobi Partners creates fund, signs MoU
$50m fund, deal with BoP will foster entrepreneurship, drive cooperation
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Sindh to develop SEZs to facilitate Chinese investors
Provincial minister highlights trade opportunities at Karachi expo which is expected to generate $20m
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'Trade corridors to Central Asia crucial'
Pivatisation minister, Kazakh envoy explore investment avenues
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Govt urged to set up STZs in Karachi
IT experts call for eight to ten software technology zones, multiple technology parks to boost exports, innovation
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FBR set to introduce faceless assessment
New system will facilitate trade by reducing clearance time









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