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Sindh governor for facilitating businessmen
Insists business community has solutions to all economic ills
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Govt to offer OGDCL shares to Gulf investors
Pakistan hopes to get better price from Saudi Arabia, UAE, Qatar and Kuwait
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Curbing illicit tobacco trade: a key IMF condition
It will generate more revenue, raise tax-to-GDP ratio
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Railway track missing in port terminal revamp
Shipping of thousands of containers is impossible only through road transport
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Pakistan, IDB finalise $200m loan agreement
Funds to be allocated for flood rehab, housing, water, healthcare, benefiting 1.3m people
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$300m Panda bonds planned
Aim is to tap into Chinese market, diversify funding sources
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PRGMEA urges TDAP to return TEXPO 2024 to Lahore
Highlights importance of provincial capital for global trade showcase
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Stocks succumb to selling pressure
KSE-100 index loses 265.57 points, settles at 65,151.83
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Inflation slows to 22-week low
Significant decrease in vegetable prices pulls down SPI reading
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Rupee surges to new five-month high at Rs278.14/$
Currency’s momentum sustained by growing forex reserves, potential Panda bond issuance
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CCP finishes Telenor merger review
Report to be finalised next week; merger unlikely to cause market distortion
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Retailer tax registration launched
SIFC to monitor progress on compulsory scheme, incentives for advance payment
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Experts warn against internet shutdowns
Suspension of services results in financial losses, disruptions, lament industry leaders
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‘Aggressive’ funding for nuclear energy needed
Dar calls for support from global financial institutions in developing initiative
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Phase 2 of CPEC accelerated with new economic corridors
Collaborative efforts aim to fast-track development initiatives, enhance regional connectivity
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Pakistan eyes $300m by selling Panda Bonds to Chinese investors
Selling Yuan-denominated debt would allow Pakistan to diversify its funding sources, says Aurabgzeb
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Foreign loans remain low at $9.5b
Pakistan faces hurdles in way of securing funds from large multilateral lenders
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Pakistan, ADB discuss uplift initiatives
ADB Country Director Young Ye met Minister of Finance and Revenue Muhammad Aurangzeb
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Business leaders urge action to ease economic strain
Call for interest rate reduction, policy reforms to revitalise business landscape
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SECP advances insurance RBC regime
Commissioner urges stakeholders to collaborate to align with global standards
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Profit-taking prevents PSX from crossing 66k
KSE-100 index drops 314.39 points, settles at 65,417.40
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Economic indicators improve on $3b IMF SBA
Research house says indicators suggest that overheated economy has stabilised
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Pakistan, UK to launch trade dialogue
Outline strategies to bolster trade relations
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Foreign currency reserves rise to five-week high
Improved reserves help rupee to remain at five-month peak
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New taxpayer zones in Balochistan, K-P approved
Aim to provide special tax incentives, benefits, and streamlined processes to large taxpayers
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PM takes charge of FBR overhaul
Over 80% of bank accounts in Pakistan remain undeclared to tax authorities
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Pakistan seeks investment, not loans
PM asks friendly nations to pour capital, calls for harnessing youth potential
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FDI recovers to $131 million in Feb
Marks 16% improvement from $113 million in February 2023
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Industrialists push for govt action on energy
Concerns rise over IMF SLA, uninterrupted power supply, high power tariffs as industry faces shutdowns
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French watchdog fines Google €250m
Says AI-powered chatbot trained on content from publishers, news agencies
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Govt pushes for climate financing at UN
Without funding, developing countries won’t be able to achieve set targets, says envoy
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Rupee rises to new five-month peak
Currency gains value in backdrop of IMF staff-level agreement
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LNG prices raised up to 2.6% for March
SNGPL price has been raised by 2.58% per mmBtu on a month-on-month basis for the end-consumers on its network
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CPEC brings opportunities to Balochistan: PCJCCI
Regional collaboration, infrastructure focus key to economic development
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Bulls extend rally, fuelled by IMF deal
KSE-100 index rises 229.20 points, settles at 65,731.79
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Tax policies to support investment sought
Tax bar chief says Pakistan can learn from China’s tax reforms, dispute resolution
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RDAs bring in only $141m in Feb
Inflows remain below average receipt of $178m per month
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Bitcoin slides 6%, while altcoins sparkle
But performance has not been as weak across the broader crypto complex
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KP-EZDMC charts path to industrial growth
Special assistant briefed on progress and future plans
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Pakistan asked to reap benefits of Vietnam FTAs
Envoy stresses both nations can take advantage of each other’s strength
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Refinery likely to slash investment in plant upgrade
May inject just $500m against earlier plans of investing up to $3b
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C/A achieves surplus for 2nd month in a row
Surplus signals external stability, but import controls impact industrial output
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FPCCI for building farm infrastructure
Presses govt to speed up provision of electricity in farming areas under SIFC
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Unilever to spin off ice cream business
Aims to cut 7,500 jobs for cost savings, affecting about 5.9% of 128,000 employees
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Stocks spike as SBP keeps rate on hold
KSE-100 index rises 612.09 points, settles at 65,502.60
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Auto industry forced to slash prices
Firms compelled to reduce margins, navigate taxes, inflation to bolster sales
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SBP maintains key rate at record 22%
Cites caution amid ongoing IMF talks and inflation concerns
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Adani Group bonds plummet on US probe
The group did not immediately respond to Reuters’ request for comment
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Apparel industry denounces banks
Complains banks ignoring SBP’s orders for utilising retained funds
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With fresh gains, rupee at 5-1/2-month high
The currency got support from the ongoing smooth talks with the IMF for the release of last tranche of $1.1 billion