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Banks issue reports on emergency capital
Part of major push to expand resources available to help poor countries fight climate change
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Eid sales plummet as street crimes rise
Traders express concerns as runaway inflation, unemployment take toll on spending
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World Bank to give Dasu project $1b
Marks third major funding round to anchor crucial initiative amid delays
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FBR plans to block mobile SIMs of tax evaders
Revenue board chief endorses disconnection of 500,000 SIMs
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IMF reappoints Georgieva for second five-year term
Bulgarian economist praised for navigating series of major global shocks
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Envoy stresses carbon emission reduction
Says melting of glaciers in Himalayan, Karakoram ranges presents serious risks
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LPG producers slam intervention
Say LPG allocation to Sui companies will fuel anti-competitive practices
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Oil rebounds over Middle East tensions
Iran’s retaliation concern pushes oil prices to near six-month high
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Global investors pull back amid inflation concerns
Equity funds saw outflow of $2.9b during weekended April 10
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Experts for fighting misinformation
Call for collaboration to safeguard businesses, tackle false information online
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PSX above 70k on Saudi investment promise
KSE-100 index surges 1,898 points, or 2.77% WoW, settles at 70,314.72
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Chinese official warns EU on greentech probe
Says probes threaten domestic solar panel, wind turbine and electric vehicle industries
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CHINT Power signs deals with PV firms
Under contracts, Pakistani partners will distribute 200MW of inverters
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‘ADO validates correct economic policies’
Cheema says global FIs have confirmed inflation is decreasing
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IT industry seeks duty-free status
Demands policy intervention to reverse decline in IT exports
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Pakistan on silent economic decline
Data reveals stark realities as growth falters, income gap threatens stability
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Oil, gas firms await incentives for output boost
Have potential to raise production from existing fields by embracing modern technology
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Govt announces reduction in electricity tariffs
Energy minister reveals a reduction of Rs3.82 per unit on electricity bills for month of April
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Urea price raised ahead of tariff hike
Govt mulls increasing feed gas price for FFC to end pricing anomaly
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Gold surges to new historic high
Domestic currency stabilises at Rs277.94/$ as investors seek safe haven amid economic uncertainty
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HSBC takes $1b hit from Argentina sale
Bank’s strategic shift towards Asia drives sale amid currency volatility
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PSX eclipses record on Saudi pledge
Benchmark KSE-100 index rises 694.73 points, settles at 70,314.72
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Stakeholders for road infrastructure upgrade
Say if govt wants to adopt global rules, it should start with international standards for road infrastructure
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Sesamum seeds export to China rises 68%
Pakistan ships $10.1m worth of commodity in Jan-Feb 2024
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NayaPay partners with Alipay+ for direct payments
Becomes 11th overseas, first Pakistani payments platform to ‘roam’ in China
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PMDC to export pink salt to US firm
This move demonstrates Pakistan’s openness to international collaboration for mutual economic growth and development
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PASSCO seeks more credit than wheat cost
Finance ministry raises objections to cash credit limit for wheat purchase
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Yellen warns China on industrial loss
Worries fast-growing exports will threaten companies globally including US
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China minister launches Europe trip
Defends Chinese EV sector, says innovation behind performance
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Rupee dips to 10-day low at 277.95 vs dollar
Depreciates for 6th straight day ahead of $1b Eurobond payment
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PSX skyrockets to new record high
Benchmark KSE-100 index surges 1,203.20 points, settles at 69,619.99
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Transparency in wheat procurement sought
Farmers, businessmen stress need for website accessibility, call for private sector collaboration
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OGDCL plans to drill 80 wells for tight gas
Announces first discovery of tight gas in Sindh under new policy
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SBP unveils new framework for BISP beneficiaries
Aims to provide direct crediting of financial assistance through all banks, MFBs nationwide
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Remittances soar to $2.95 billion
March sees 2-year high; IFC approves $400m financing for PTCL
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Minister for strict steps against electricity theft
Initiates crackdown to safeguard power grid, sets April 23 deadline
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Iran-Pakistan pipeline: a much-needed lifeline
Calling the energy crisis in Pakistan the mother of all crises is not an exaggeration
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Waterways revolution: a green, blue future economy
Pakistan fails to utilise canals network more efficiently despite huge cost benefits over road transport
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Adopting technology to tackle crimes
Karachi Safe City project will eliminate 90% of crimes, help businesses flourish
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Pressing need for absolute eccentric reforms
While democracy may be touted as necessity, it is certainly not enough to solve problems
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IMF must lower industrial tariffs
Without such measures, years of economic contraction can breed frustration
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Fertiliser industry lacks competition
CCP probes pricing mechanism as sector gets huge benefit of subsidised gas
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Liberty confident $125m bet will reap rewards
Company buys thermal energy assets of country’s largest conglomerate
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Boeing mulls shedding Airbus work
Both try solving quality problems, hold down costs as Boeing deals with crisis
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Iran desires to import more agri-products
The envoy announced that the Iranian president was expected to sign a MoU on livestock quarantine and plant protection
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Tesla scraps low-cost car plans
Musk has since repeatedly promised such a vehicle to investors and consumers
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‘Unilateral tax reforms prove ineffective’
FPCCI advocates simplification of system to boost tax-to-GDP ratio
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PBF advocates 25% fund allocation for SMEs
Urges banks to prioritise sector, calls it backbone of economy
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ICC upholds Pakistan’s jurisdiction in oil dispute
Court rules Frontier Holdings Limited must bear arbitration costs, set at $250,000
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Soaring debt pile worries industrialists
Businessmen ask govt to avoid more loans by promoting local brands