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Rupee stable at 3-month high
Appreciates slightly as dollar supply outpaces demand
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Monetary policy concerns drag PSX down
KSE-100 index sheds 484.94 points, settles at 63,813.06
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FM highlights customs’ role in economic growth
Stresses significant impact of smuggling, money laundering, and tax evasion on country’s economy
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Inflation spikes to 43.79% YoY
Squeezes consumer purchasing power as energy, food prices soar
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Pakistan asks China for $2b debt rollover
Finance ministry sources say China was expected to extend the loan payment period soon
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Farmers still grappling with urea availability
Delay in distribution, high prices disgruntle agriculturists
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Oil perks up nearly 2%
Geopolitical tensions in Middle East remained in focus
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FBATI president urges further power tariff cuts
Hussain believes this will enhance overall investment climate, attracting both local, foreign investors
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Debt plan may be sent to IMF
SIFC arm gives directive to seek lender’s approval for Rs1.27tr debt settlement plan
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Forex reserves hit 6-month high at $8.27b
Increase $243m in a week, helping rupee to stay stable
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Profit-taking pulls stock market down
KSE-100 index drops 524.43 points, settles at 64,298.01
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‘Pakistan most attractive investment hub’
Envoy to US invites American investors, highlights SIFC’s role in facilitation
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Work expedited on cannabis authority
It will regulate cultivation of marijuana crop for medical, industrial use
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Roadshow planned for solar plants
Environmental, social impact of floating solar plants has already been studied, declared by experts as manageable
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Cabinet questions FBR restructuring
Members raise concerns over mandate, impact on corruption, tax collection
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Govt raises Rs86b in Sukuk auction at PSX
Falls short of target as investors demand higher rate of profit on possible policy hike
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Flights to Urumqi-Kashgar-Isb resume
Following nearly 15 years of suspension, reinforces connectivity between China, Pakistan
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E&P firms to invest $33m for oil, gas search
Sign agreements with govt for eight exploration blocks
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Economy to do better: Fitch
Says GDP growth will mostly be higher for Asia-Pacific countries
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IRS appeals to ECP on FBR restructuring
Urges ECP to prevent ‘illegal and unconstitutional’ action by caretaker govt
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Bulls keep control as stocks extend rally
KSE-100 index rises 368.21 points, settles at 64,822.43
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Rupee rises for sixth day in a row
Settles at 279.67 vs dollar with better foreign currency inflows
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SAP to restructure 8,000 jobs
SAP pledges to invest more than $1 billion by backing AI-powered technology startups
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US consul general, APTMA discuss bilateral trade
Association chairman urges need for technology transfer, joint ventures
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Measures to boost FDI proposed
Experts urge one-window operation for company setup to facilitate investors
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NayaPay, Alipay+ to boost payments into Pakistan
Partnership will enable NayaPa to provide a seamless connection with more than 25 Alipay+ global payment partners
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Chambers back diplomatic initiatives
Both industries emphasize need for improving business-to-business relationships
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Govt set to raise gas prices up to 41%
Second fuel price hike implemented in three months to meet IMF conditions
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Oil prices edge up
In ME, tensions rose morning after US, British forces carried out second joint round of strikes on Houthi in Yemen
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Rupee gradually rises to new 3-month high
Currency recovers over Rs27 against dollar in past 4-1/2 months
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Govt decides to execute mega gas projects
These include IP and TAPI pipelines to meet future consumer demand
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PSX recoups losses, surpasses 64,000 mark
KSE-100 index rises 514.81 points, settles at 64,454.22
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Alvi calls for agricultural tech to combat climate change
Highlights need to implement decisions effectively at Regional Dialogue 2024
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China-Pak accelerate smart city advancements
Pakistan embassy explores synergies with BUCIC for digital city development
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Cabinet defers FBR restructuring
Questions arise over caretaker govt mandate, complexity of proposed scheme
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Govt plans Rs100 billion Sukuk boost at PSX
Aims to raise new domestic debt as investors show strong interest in second Sukuk auction
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Cabinet to decide FBR’s fate today
Will consider restructuring of revenue board that may cease to exist
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Auto experts split on “Year of Localisation” in 2024
Some push for local focus, others call for embracing global integration
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APTMA calls for 9 cents/KWh power tariff
Previously announced removal of cross-subsidies, aiming to enhance competitiveness of industries
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Rupee appreciates to three-month high
Stays below 280 vs dollar in inter-bank dealings
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Banks seek 16.6% interest on PIA loan
Privatisation efforts stall as finance minister counteroffers 10% interest
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In a reversal, PSX soars on debt settlement talk
KSE-100 index rises 657.19 points, settles at 63,939.41
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World Bank grants $425m to Pakistan
Aims to bolster social protection system, support underprivileged
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Fertiliser sector eyes high profit
Research house forecasts 104% YoY earnings boost, driven by rising prices of urea, DAP
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Industrialists denounce banking laws
Say businesses find it difficult to meet stringent conditions
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Is it time for SBP to alleviate debt burden?
Economists divided on whether inflation stems from money printing or imports
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Value chain(ed): a fresh and objective look
Current form of value chains actually constrains equitable distribution of benefits
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Transmission sector reforms and load-shedding
Power production will remain sub-optimal due to low forex reserves along with outages
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Pollution risks by petrol pumps
Varying amounts of vapours are emitted from car fuel tanks during filling
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Are paper ballots still necessary today?
About 2,070 tonnes of paper will be used to print 250m ballot papers from 49,600 trees