Business
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Demonising and scandalising CPEC
CPEC, BRI can be significant contributors to Pakistan becoming trade, transport hub
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Path to socialist modernisation
Lessons for Pakistan in navigating economic, geopolitical challenges with innovation
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Ease of doing business: cases of Malaysia, Pakistan
For govt-private sector interaction, Pakistan has no systematic platform
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Value proposition of Islamic finance
Islamic finance is no longer niche market but significant player in global financial landscape
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Investing in real economy
Rich investors must shift from real estate to job-creating ventures for growth
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Rs24.5m given for ‘plastic-free Gilgit’
G-B govt allocates Rs150m in interest-free loans for green business entrepreneurs
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In new milestone, PSX breaks through 80k
KSE-100 index advances 1,768 points, or 2.3% WoW, settles at 80,213
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Pakistan, China enter new era of cooperation
Focus on IT, minerals and mining, energy sectors to boost progress
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Nasdaq, S&P 500 hit record on jobs data
Investor confidence in September rate cuts boosts Wall Street indexes
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Hydropower generation breaks records in 2023-24
WAPDA delivers additional 3.266 billion units of low-cost electricity to national grid
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Turnover tax on oil dealers withdrawn
Dealers say 0.5% tax constitutes double taxation that may lead to business closure
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Industrialists slam govt over petrol price hike
Call for immediate action to reduce costs, revive economy; warn of social unrest
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Budget steps may hamper refinery upgrade projects
Refineries seek urgent meeting with minister to address policy concerns
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Govt doubles PSDP spending to Rs705b
Spending surges as IMF programme ends raising questions over fiscal discipline
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Govt debt soars to Rs67.8tr in May
Average increase of Rs56b per day raises concerns over fiscal management
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Short-term inflation reverses course with 1.28% hike
SPI-based inflation surges on back of higher food, energy prices
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Sindh minister unveils plans for IEEEP fair
Hopes to attract investment, tackle energy challenges and enhance industrial efficiency
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PSX retreats over market status downgrade
KSE-100 index loses 70.01 points, settles at 80,212.79
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Govt urged to revisit change in tax regime
Exporters warn of shutting industrial units, shifting business abroad
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Retailers under threat from advance tax
Say they will not pay any such income tax to manufacturers
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Rupee rises vs dollar after multilateral inflows
Currency gains Rs0.13 as foreign exchange reserves hit two-year high
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Dar defers $6.7b CPEC rail project
Directs Railway Division to revise project summary with detailed financing plans
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Govt urged to implement economic reforms
SBP highlights need for fiscal consolidation, tax base expansion in annual review
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Govt holds telecom projects’ funds
Fails to utilise Universal Service Fund since 2013
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Internal rifts emerge over $6.7b ML-I project approval
Planning ministry refutes FO’s statement that ECNEC deferred approval of CPEC project
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Forex reserves soar to two-year high
SBP cites official inflows as reason for rise in reserves to $9.4b
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Ministry defies PM’s orders on SOEs
Fails to release information in privatisation decisions for 45 entities
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PSX survives pressure, ends slightly up
KSE-100 index edges up 49.13 points, settles at 80,282.80
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Fuel dealers dismiss July 5 strike call
Say filling stations will stay open nationwide, favour in-depth talks
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‘Increasing productivity, competitiveness is key’
Planning minister stresses need for technological innovation, long-term policies
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ECC airs concern over delay in settling OMCs’ claims
Price differential claims pile up due to oil sales at lower prices
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PSX eyes surge despite FTSE downgrade
Local analysts see minimal negative impact from market reclassification
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New electricity tariffs: How much will your bill increase?
The Power Division asserted a decrease in electricity rates once the economy improves
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Bitcoin falls below $59,000, loses 4% in value
Market cap of Bitcoin at $1.15T.
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Brazil's services sector faces highest cost pressures in 8 months: report
"Service providers report substantial rise in expenses," says S&P Global.
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US services sector sees fastest expansion in new orders this year
US services sector activity has risen for 17 consecutive months, says S&P Global.
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Asia stocks soar to 27-month high as dollar falls on rate cut bets
FTSE futures nudged up 0.1%, while sterling held at $1.2740.
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IMF loan, payout hopes drive PSX to record
KSE-100 index jumps 680.78 points, settles at 80,233.67
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Rupee continues gradual downtrend
Currency under pressure after widening of trade deficit in June
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Govt urged to cancel IPP agreements
UBG chief warns of economic collapse due to high electricity tariffs
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IT professionals decry unfair tax policies
Warn of brain drain; call for austerity measures, tax exemptions for salaried class, hardware
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PIA bidders worried over EU ban
Govt seeks apology from former chief justice for derailing privatisation process
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New bill to improve investment climate
Introduction of alternate dispute settlement will bolster investor confidence
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All requirements met for IMF bailout: finance official
State minister says size of loan package will be north of $6b
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SSGC to launch dedicated gas supplies
New pipelines to enhance gas distribution for industries, homes starting July 15
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PSX hits historic milestone, closes above 80,000 points for first time
Significant surge follows continued bullish trend, with KSE-100 index gaining 680 points from previous session
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Petrol pumps to shut on Friday after dealers announce nationwide strike
PPDA President Abdul Sami Khan warns the strike could last more than one day