business news

Forum expresses interest in furthering investment in traditional, non-traditional sectors

Central bank cites external debt repayment as reason for decrease

The rupee had been on the downtrend since hitting 22-month high at Rs152.27 in May 2021

Silkworm farming can promote import substitution, reduce forex spending

Ministry official says govt will cooperate in promoting exports to region

Earnings down 78% from same period of last year

Asks them to look for investment avenues in different sectors

Finance minister shoots down proposal, also refuses to raise tax on salaried class

Touches intra-day low at 202.9 in inter-bank market

Govt asks finance ministry, SBP to review Bank of China’s proposal

Decrease comes on back of external debt repayment

Says subsidy piling pressure on current account, foreign currency reserves

Say they will face extra cost, time in getting copy of land record

Depleting forex reserves, dwindling rupee kept investors at bay

Envoys promise cooperation in forging business linkages

Stress locally manufactured cheap solar panels can help overcome energy crisis

State finance minister hesitant to back projection of single-digit inflation in FY23

It will ensure robust economic growth, logistic activities at port, in entire region

Policy requires manufacturers to initiate exports to help develop industry

Energy contribution of hydel electricity will rise to 57 billion units, increase of 20 billion units by 2026

Pakistan lagging behind in race for clean, inexpensive power production

Miftah links rupee’s recovery to coming out of PTI-IMF deal’s clutches

Funds will be paid to oil firms to cover price differential claims for May

Experts believe sales plunged due to govt’s restrictive measures

C&D Clean Energy announces partnership with Integra Solar for panel supply chain services

Cites it creates friendly environment, generates employment, attracts investment

Amount will support banks to address liquidity crunch in financial market

Experts say Pakistan has great potential for beekeeping due to diverse flora

Monitoring body asks about factors, justifications for increase in vehicle prices

Laments low level of bilateral trade

Asks provincial councils to establish mechanism to lift consumer confidence

OPEC+ sticks to existing deal for May output

Claims higher collection than receipts in banking system in July-March

Political uncertainty, flight to safe havens put pressure on currency

Says high current account deficit will threaten Pakistan’s external repayment capacity

Estimates 26.8m tons production in 2021-22, around 2.5% lower than previous year

The proposal indicates inequity in taxation, leaving the salaried class worse off amid double-digit inflation

Ask energy ministry to intervene as refunds remain stuck with FBR

Says sustainable policies for business sector yielded positive results

Chinese firm willing to explore Pakistan’s dairy industry more

Says all pending cases will be addressed within stipulated timeframe

It will put more burden on salaried class already reeling from double-digit inflation

US dollar continues to strengthen against major global currencies

Decrease comes on back of external debt, other payments

Saudi minister proposes creation of joint team to finalise investment projects

Says nations relying on remittances, dollar inflow will remain prone to external shocks

Rupee unchanged against the US dollar at Rs181.73 on Thursday

ECB has already wound down a massive money-printing scheme, opened the door to its first interest rate hike

Programme aims to promote private investment, help mobilise domestic resources to finance sustainable growth

The policy shift does bring risks for emerging market countries dependent on dollar funding