Business

Pakistan, China will support establishment of SEZs, prop up bilateral trade

US gasoline market is flashing signs of weakness at the start of summer

Ministry’s assumptions aim to stabilise economy despite IMF’s higher projection

KSE-100 index jumps 1,000.35 points, settles at 75,878.48

Reports suggest $30-50m price range for 100% acquisition of firm

High food prices drive inflation up, snap six-week falling streak

Currency recovers Rs0.17 to Rs278.33/$ as new capital boosts market confidence

Urge govt to drive adoption with incentives, reduced taxes, more charging ports

Showcase high-quality rice, diverse food products

Agreement, intended for Mohmand Dam, will be signed on June 3

Duty rationalisation will lead to rise in exports, revenue collection

Revenue board misses 11-month tax collection target by Rs36b

Major shift prioritises energy projects, slashes social sector funding

Bureaucratic delays, market challenges stifle growth, despite China’s demand

Plane will return to Guiyang loaded with blue crabs from Pakistan, according to Guiyang Customs.

Thakot-Raikot Karakoram highway section approved ahead of PM Sharif’s visit to Beijing next week

Govt needs funds for Basha dam, once again wants to include it in CPEC

Global shift to renewables in energy-consuming sectors slows in 2023 due to regulatory gap and political pressure

Electricity supply to industries in Karachi’s SITE area has started to recover after being suspended for four days

Minister warns of strict measures against smuggling

Investors express keen interest in constructing terminal for import and export near the Pakistan-Tajikistan border

Forex reserves recede from 10-month high, but stay above $9b

Investment reaches $35.6m in May on higher returns, stable rupee

KSE-100 index creeps up 41.82 points, settles at 74,878.12

Petrol reduced by Rs4.74; HSD by Rs3.84/litre

Expert insists political parties must iron out differences for swift progress

Several changes in project’s structure have delayed its implementation

Revives production after 9 years, brings back commercial vehicle in collaboration with Korea

Predicts 14.5% rate for May amid IMF’s proposal to impose 18% sales tax

Prices of petrol and diesel likely to be reduced by Rs5.50 per liter and Rs4.30 per liter respectively

Aims to establish 10 local companies with revenues between $210m to $1b

Claim gas of poor quality is being purchased from Iran

Country seeks JVs in renewable energy and agriculture, relocation of Chinese firms

Argues prolonged break will cut off country from world, cost economy dearly

Despite record returns at PSX, high interest rates drive AUM to Rs2.41tr

UAE is home to 1.8 million Pakistanis who contribute to development, prosperity and economic growth of both countries

Urges enhanced cooperation in various sectors during key meeting on economic relations

Warns of investment withdrawal as sales slump 38%, illicit trade surges

Business leaders say unplanned holiday disrupts activity, risks investor confidence

It will help connect Pakistan with modern, innovative economies

Despite improved reserves, MNCs continue sending earnings abroad

Prime focus of foreign policy of Ethiopia was to attract FDI and boost exports through trade and technology

Beijing could use advanced chips to boost its military capabilities

KSE-100 index drops 465.55 points, settles at 75,517.49

Treasury firm Tresmark recently described the Pakistani currency level of Rs278.21/$ as “overvalued”

Oppose import of used auto parts owing to safety reasons

PTC gears up to export oral tobacco-free nicotine pouches to Japan

DGPC’s policy deviations, inefficiencies lead to significant losses to national coffers

Farmers seek climate resilience, better market policies, and support for organic farming

ECC diverts funds to satellite launch, hikes consumer costs; raises IB budget