Business

Selling Yuan-denominated debt would allow Pakistan to diversify its funding sources, says Aurabgzeb

Pakistan faces hurdles in way of securing funds from large multilateral lenders

ADB Country Director Young Ye met Minister of Finance and Revenue Muhammad Aurangzeb

Call for interest rate reduction, policy reforms to revitalise business landscape

Commissioner urges stakeholders to collaborate to align with global standards

KSE-100 index drops 314.39 points, settles at 65,417.40

Research house says indicators suggest that overheated economy has stabilised

Outline strategies to bolster trade relations

Improved reserves help rupee to remain at five-month peak

Aim to provide special tax incentives, benefits, and streamlined processes to large taxpayers

Over 80% of bank accounts in Pakistan remain undeclared to tax authorities

PM asks friendly nations to pour capital, calls for harnessing youth potential

Marks 16% improvement from $113 million in February 2023

Concerns rise over IMF SLA, uninterrupted power supply, high power tariffs as industry faces shutdowns

Says AI-powered chatbot trained on content from publishers, news agencies

Without funding, developing countries won’t be able to achieve set targets, says envoy

Currency gains value in backdrop of IMF staff-level agreement

SNGPL price has been raised by 2.58% per mmBtu on a month-on-month basis for the end-consumers on its network

Regional collaboration, infrastructure focus key to economic development

KSE-100 index rises 229.20 points, settles at 65,731.79

Tax bar chief says Pakistan can learn from China’s tax reforms, dispute resolution

Inflows remain below average receipt of $178m per month

But performance has not been as weak across the broader crypto complex

Special assistant briefed on progress and future plans

Envoy stresses both nations can take advantage of each other’s strength

May inject just $500m against earlier plans of investing up to $3b

Surplus signals external stability, but import controls impact industrial output

Presses govt to speed up provision of electricity in farming areas under SIFC

Aims to cut 7,500 jobs for cost savings, affecting about 5.9% of 128,000 employees

KSE-100 index rises 612.09 points, settles at 65,502.60

Firms compelled to reduce margins, navigate taxes, inflation to bolster sales

Cites caution amid ongoing IMF talks and inflation concerns

The group did not immediately respond to Reuters’ request for comment

Complains banks ignoring SBP’s orders for utilising retained funds

The currency got support from the ongoing smooth talks with the IMF for the release of last tranche of $1.1 billion

Advocate strategic shifts to boost crop yields, subsidies to farmers

Exports drop 3.31% in February 2024 in absence of value-addition

Requested increase of Rs4.9917/unit includes previous adjustments of Rs0.5484/unit

Discusses ways with LCCI president to boost country’s exports, tax revenue

KSE-100 index rises 74.04 points, settles at 64,890.51

Seeks price increase of Rs274.40 per mmBtu effective from July 1

Such financing creates financial instruments that address social issues, promote equitable society

Policymakers must overhaul strategy as it lacks innovation, pro-competitive forces

As US boosts hi-tech manufacturing, trade deficits find new paths amid global trade realignment

Proposing four key reforms to transform the nation’s economic landscape

One of the most significant repercussions of rapid population growth is a strained economy

Fund questions increase of Rs7/unit in electricity prices, circular debt handling

Insists tech giant undervalued currency, seeks explanation

Earlier this week, Modi and British PM Rishi Sunak reaffirmed their commitment to securing a new trade deal

FDA supports probe, Meta pledges cooperation in investigation