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High prices drive down oil demand
Petroleum consumption dips 7% to 1.24m tons in December
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HEC handed over to successful buyer
Focus on better utilisation, taking exports to $250-300m within three years
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Stocks slip over high inflation reading
KSE-100 index dips 312.18 points, settles at 64,349.60
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Cement sector sees 4.6% growth in dispatches
Exports experience 155.85% surge, reflecting positive momentum
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Enforcement of track & trace system stressed
Large-scale smuggling of foreign cigarettes causing revenue loss
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'Not a single issue addressed'
Business leaders criticise decades of neglect, plead for urgent solutions
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Pakistan exports heat-treated beef to China
Becomes first nation in South Asia to ship cooked beef to Beijing
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Privatisation of power plants urged
Policymakers seek to curb circular debt, note challenges in way of sell-off
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Inflation hits 29.7%, defying expectations for slowdown
Persistent rise in food, energy prices drives inflation higher
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Railways’ revenue accelerates 46% in six months
Corporation earns Rs41b, confident of meeting full-year target of Rs80b
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Kinnow exports projected to decline by 50%
PFVA urges govt to declare agricultural emergency, develop new varieties
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Saudi’s PIF tops sovereign wealth spending
Diverse investments including sports ventures strengthen its global position
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PM orders crackdown against fertiliser hoarders
Analyst says there is ample supply, artificial shortages being created to raise prices
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Tourism generates $1.3 billion in forex in 2023
Minister urges incoming govt to identify untapped destinations in Sindh, Balochistan
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PSX gets off to flying start in 2024
Benchmark KSE-100 index shoots up 2,210.74 points, settles at 64,661.78
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Post-election scenarios: is fiscal stimulus still an option?
With heavy dependence on IMF it is obvious that fiscal stimulus schemes won’t get through
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Expensive and unreliable electricity: a solution
There is need to re-integrate bifurcated companies to yield economies of scale and scope
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PIA privatisation not the only option
Solution to challenges lies in emulating PSEs featuring in Fortune 500
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Economic revival, CPEC and Agenda 2047 – III
Addressing governance, human capital and educational issues will unlock nation’s potential
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What does 2024 hold for economy?
All eyes are on the SIFC-monitored and guided new government
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Digital transactions surge to 80%
Value of online transactions, however, remains low averaging Rs80,000 each
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Fuel prices to remain unchanged
Prices of petrol and High Speed Diesel (HSD) will persist at Rs267.34 and Rs276.21 per litre, respectively
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Govt expenditure stands at Rs4.8tr
Expenses fuelled by interest costs, other spending
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IT experts urge exploration of GCC markets
Say goal is to attract FDI, boost exports in IT and IT-enabled services sector
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CCP survey uncovers deceptive marketing
Directs shoe, clothing brands to make full disclosure of product discounts
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Cabinet members chastise drug regulator
Say policies of regulatory body are not public friendly
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Swiss watchdog seeks bonus clawback powers
FINMA pushes for enhanced oversight, accountability measures
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Breaking record highs : With 55% growth, PSX among best performing markets
Rally powered by return of foreign investors, successful IMF review and rupee stability
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IMF tax collection target surpassed
FBR collects Rs4.44tr, disconnects services for non-filers to expand tax base
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German envoy highlights Volkswagen project challenges
Urges business leaders to diversify and expand export portfolio
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More LNG import advocated
Senate panel urges ministry to reach out to global firms for investment
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SBP report keeps GDP growth projection at 2-3%
Governor report expects significant contribution from agriculture output this year
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Oil prices set to end year 10% lower
Oil climbed after falling 3% previous day as more shipping firms prepared to transit Red Sea route
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Stocks end year with impressive gains
KSE-100 index rises 398.81 points, settles at 62,451.04
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Inflation surges again, reaches record highs
Hits 43.25% as essential commodities witness unsettling price fluctuations
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Miseries of energy consumers continue to mount
Electricity, gas and oil prices go through the roof, forcing consumers to cough up billions
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Gas woes paralyse industries
Shortage disrupts operations, imperils export orders; govt, SSGC urged to intervene
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Govt okays changes in energy deals
ECC agrees Pakistan will not slap arbitrary penalties on power plants
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Rupee recovers further, stands below 282/$
Gold at 1-month high in line with soaring global market
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'Inflation stubborn at 29.2% in December 2023'
Research house’s forecast for Dec inflation reading is 0.7-1.7% higher than govt’s forecast
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20-year licences issued to seven DISCOs
Suppliers of Last Resort licences will remain valid till April 2043
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Institutional buying propels PSX above 62k
KSE-100 index recovers 1,188.61 points, settles at 62,052.24
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Foreign exchange reserves soar by $852 million
Central bank confirmed development, increase resulted from receipt of official Government of Pakistan’s inflows
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A decade of unprecedented growth in fintech landscape
Mobile wallets, regulatory advances, innovation propel fintech sector into digital future
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Despite progress, challenges persist in agriculture sector
Kissan Board considers 2023 as worst year; others notice some growth
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IT minister unveils cybersecurity measures
Underscores importance of PECA Act, commitment to combating cyber threats
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World stocks sail to highest in over a year
Rally came on optimism that central banks will cut interest rates
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Stocks recover as optimism returns
KSE-100 index soars 1,692.64 points, settles at 60,863.62
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Economy is out of woods: monthly outlook
Projects inflation to remain in double digits, likely to settle at 'moderate level'
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NEPRA considers hike of Rs4.66/unit
Attributes rise to FCA; will put additional burden of Rs33b on consumers