Stories from Salman Siddiqui
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In October: Current account deficit widens 34%, amounts to $1.21b
Deficit grows on the back of higher imports, dividend payments
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FDI continues to fall in Pakistan
FDI drops 55%, stands at $161.2m in Oct amid economic uncertainty
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MSCI relocates Lucky Cement, UBL to small-cap indexes
In an unexpected development Honda Atlas, Maple Leaf Cement removed
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'Pakistan on path of progress'
Says country has independent judiciary, maturing parliament and vibrant army
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Power production drops significantly as winter begins
It comes after marked fall in LNG imports, poor water management
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Rupee weakens against dollar, just shy of record low
Fall comes as Pakistan starts talks with IMF, foreign currency reserves drop to critically low levels
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Family-owned businesses need constitution to survive
Many such businesses lost in history due to absence of corporate governance
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IDEAS 2018: Pakistan to showcase domestic, friendly countries’ defence products
Around 48 strategic partners and friendly countries will participate in four-day exhibition
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Banks being hit by cyber attacks: FIA
Number of banks have temporarily or completely suspended international payment schemes
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Energy shift: Furnace oil imports plunge 90% in four months
Decline comes after Pakistan’s increased reliance on LNG, coal power plants