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SBP holds key rate at record high
Despite inflation at 20-month low, it maintains 22% rate amid IMF talks
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Rupee stable at 278.40 to a dollar
Remittances hit a two-year high of nearly $3 billion in March
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‘Iranian investors eyeing trade with Pakistan’
Ambassador to Iran stressed need for trade bodies of both countries to further strengthen bilateral relations
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IPR protection a must to attract investors
Infringements caused Rs800b loss to public exchequer last year
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Cement sector seeks relief to offset losses
Claims foreign exchange lost in importing machinery for track, trace system
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OGDCL reports Rs171b profit for Jul-Mar FY24
Company makes significant progress in seismic, drilling efforts
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Indus Motor reports 38% profit surge
Q3 profit hits Rs4.45b, interim dividend of Rs34 per share announced
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PM defers decision to export sugar on contradictory claims
Sugar industry, government clash over figures; farmers’ fate hangs in balance
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Govt implements sweeping fiscal reforms to cut debt
Rules target trillions in public funds parked by ministries, departments in commercial banks
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Business confidence sees slight increase of 1.8% in April
Services sector leads the way while industries’ BCI decreases to 49.9 reveals SBP survey
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IMF board approves $1.1 billion tranche
Pakistan completes second bailout package, marking 23rd deal in history
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Pakistan and Xinjiang’s free trade zone
As home to CPEC, close ally of China, Islamabad is positioned to reap benefits from FTZ
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The tale of two banks
Private sector’s expertise, capital should be utilised to reform banks and power sector
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Can corporate farming lead us to prosperity?
It could revitalise agri-sector if hurdles, de-incentivising weaknesses are addressed
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Rethinking Pakistan’s FDI obsession
FDI is not a panacea, instead it poses a question - to open or not to open the economy
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Cheap flour: a short glimpse of power of market
Arrival of low-cost imported wheat leads to decrease in flour prices
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EV dealers call for incentives
Say EVs offer advantages despite initial cost that can be mitigated via localisation
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Can corporate farming lead us to prosperity?
Could revitalise agri-sector if hurdles, de-incentivising weaknesses are addressed
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PSX climbs on better economic prospects
KSE-100 index surges 1,833 points, or 2.58% WoW, settles at 72,743
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Ethiopian envoy urges Pakistani banks to expand into Addis Ababa
Ambassador Abdula emphasised that Ethiopian government would facilitate businesses, enhancing bilateral trade
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Packaging films firm plans Rs1.47b IPO
Will offer 70.1m shares at minimum price of Rs21 in early May
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Turkmenistan vows to complete gas project
CEO says TAPI project being advanced strictly in line with global standards
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Agripreneur successfully trains 1,000 women
Consortium effort equips women in rural regions with skills for sustainable livelihoods
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SBP chief boasts of firm response to challenges
Jameel Ahmad said "it is worth taking a step back and analyse where our economy is standing and where it is headed"
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Minister condemns fertiliser price hike
Rana stated that fertiliser company must provide solid justification for sudden increases in price of Sarsabz Urea
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PM probes FBR’s Rs25b contract
Body led by bureaucrat investigates flawed T&T project, despite clearances
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PM seeks probe into reduction in gas supplies
Delay in $600m payment prompts E&P companies to slash output
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Netherlands stresses need for tech reforms
Envoy calls Pakistan land of opportunities that can become much stronger
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Investment in T-bills soars to two-year high
Steady parity, high returns attract investors, IMF support bolsters confidence
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SBP expected to hold rates on Monday
Analysts predict central bank is unlikely to cut rates before new IMF programme
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Bulls roar as PSX soars to new all-time high
KSE-100 index climbs 771.35 points, settles at 72,742.75
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Weekly inflation at new 7-month low
SPI-based inflation rate slows to 26.94% in week ended April 25
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‘IP rights critical for SDGs’
Minister stresses development of robust IP framework to spur innovation
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Nepra hearings hint at Rs23b burden
Authority reserves decision on FCA for March 2024 sought by DISCOs
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Livestock experts urge vaccinations
Call for permanent market structures, action to safeguard livestock before Eid
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SECP, IFSB pledge Islamic finance expansion
The workshop aimed to enhance the capacity of regulatory and supervisory authorities
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Finance minister leads FBR digitalisation efforts
Oversees steering committee’s approval of McKinsey proposal
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Stocks post thin decline on profit-taking
KSE-100 index sheds 80.49 points, settles at 71,971.40
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IT firm under FBR scrutiny
FBR audits Pronet Ltd on suspicion of tax evasion, understated profits, misreported imports
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WB urges bold fiscal reforms for debt crisis
WB emphasizes strong macroeconomic frameworks to ensure fiscal sustainability
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SBP buys over $5b from interbank
Purchase equals two-thirds of forex reserves, far higher than IMF’s bailout
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RDA inflows at 19-month high
Investment reaches $182m in March as confidence improves in Pakistan’s economy
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Rupee depreciates to 5-week low
Pakistan hits five-week low against greenback, closes at Rs278.48
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IT vocational training key to meeting demands
Experts urge IT collaboration with academia for skilled workforce, enhanced competitiveness
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Oil, gas industry fears policy rollback
Caretaker Energy Minister approved 60 pending summaries during its tenure
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‘Agricultural revolution on horizon’
Aurangzeb points at stable macroeconomic indicators, urges agri-reforms
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Wheat production grows by 5.4% in 2023-24
FCA sets ambitious production goals to increase support for farmers
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Unemployment biggest worry in India
Despite growing at fast pace, economy has failed to generate enough jobs
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Oil prices fall as ME tensions ease
A fall in US crude oil inventories put a floor on those losses
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Fortune 500 firm to increase stake in UFL
Wilmar International makes proposal to assume management control