Stories from Salman Siddiqui
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‘Pakistan set to secure second IMF tranche’
Despite missed targets, research house projects positive outlook
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Report projects up to Rs41 cut in oil prices
Drop in global market, hefty rupee recovery make imports cheaper
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PNSC to expand dry cargo operations
Seeks long-term contracts, especially from public sector entities
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PSO diversifies business to boost revenue
Sets up fintech, venture capital and renewable energy companies
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Petroleum sales fall to 44-month low
Record high prices drive down oil demand to 1.06m tons in Sept
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Rice exports likely to soar 40%
USDA estimates Pakistan will export 4.8m tons of rice, fetch extra $1b
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Production halted as textile, auto demand falls
Two companies announce partial shutdown of operations to cope with falling demand
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PSX leads in global markets
Ranks sixth among best-performing markets with 12% growth in Q3
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Rupee may stabilise at 285/$
Appreciation beyond this level could lead to widening of trade, current account deficits
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Investment in Reko Diq sought
OGDC, PPL decide to hire advisers to engage with sovereign foreign investors