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Interest cost absorbs entire income
Finance minister dubs interest payments as primary concern for fiscal stability
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FBR beats target, collects Rs2.75tr in Jul-Oct
Decides to ensure registration of at least 1m non-filers of tax returns
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‘Pakistan to focus on indigenous, renewable energy sources’
Minister informs Chinese ambassador, highlights areas for collaboration
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Govt raises gas prices amid Rs2tr loss
Minister justifies increase as being in the best interest of Pakistan
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HE Sheikh Nahayan Mabarak Al Nahayan inaugurates Bank Alfalah's international branch in Dubai, UAE
Via a dedicated branch in the UAE, the bank aims to provide personalised services to corporate clients beyond Pakistan
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After much ado, increase in gas rates approved
Cabinet okays Hajj package which is Rs100,000 less expensive than last year
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Regulatory body needed for pest control industry: experts
Say it would lead to training of professionals, delivery of better services
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Denmark’s help sought for boosting renewable energy
Minister looks to draw up energy transition plan in cooperation with Copenhagen
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PSX soars on strong earnings
KSE-100 index gains 539.09 points, settles at 51,482.93
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Punjab cabinet greenlights 4-month budget
Approves Rs2076.2 billion which includes allocation of Rs351 billion for development
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SBP maintains tight monetary policy
Leaves policy rate unchanged but signals it has peaked out at current level
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‘SIFC faces hurdles in attracting FDI’
Report says involvement of military in economic matters threatens stability
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Potential sectors for revenue
For resource mobilisation, policymakers need to identify areas growing consistently
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Smog: Facing unsustainable management again
Six years down and there is still no viable, visible, and sustainable management of air quality in Punjab
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5G body – a chance to resolve issues
Most important problem is very small amount of spectrum available with telcos
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Can PIA gear up for privatisation in its dire straits?
VSS and segregation of functions are insufficient to make airline profitable again
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Education insurance: paving the way for a brighter future
As costs of education rise, importance of investing in insurance becomes increasingly evident
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EU, Japan reach deal on data flows
Two partners concluded a free trade agreement in 2015, but left open what to do about data flows
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FPCCI urges govt to halt gas tariff hike
Says Nov 1 increase threatens livelihood of 4.3 million consumers
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PSX posts thin gains ahead of IMF review
Benchmark KSE-100 index rises 212 points, settles at 50,944
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No third country to influence CPEC
Sources say third-party investment welcomed, but no decision-making role
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Auto experts seek clear vision for growth, diversification
Stress need for local vendors to tap into global market
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PIA commits to paying Rs1.35b to PSO
PSO to extend credit facility of Rs500m to facilitate airline operations
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Pakistan’s Eurobonds jump to multi-year highs
It comes after successful coupon payments to investors
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SBP may leave rate unchanged
Experts believe policy rate hiking cycle has come to an end
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Minister vows to take up gas tariff issue in cabinet
Says tariff has been increased to cover whopping losses
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Investment treaty gets go-ahead
Govt will address Saudi concerns by including international arbitration clause
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RMB to facilitate trade with China: SBP
Says regulatory framework in place for use in trade, investment transactions
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IPO leads intellectual property seminar
Stakeholders express concerns about limited focus on IP
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Rupee touches two-week low
Currency cedes ground after fall in foreign exchange reserves
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Auto show: Local hi-tech defence items shine
Stakeholders say items constitute $6m to $7m of Pakistan’s annual exports
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Inflation to dog world economy next year
Economists fear forecast may turn out higher
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OICCI urges govt to delink spectrum price from dollar
Rallies for a policy change to protect Pakistan’s telecom sector
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Weekly inflation surges 29.6%
Consumers see price spikes despite surplus agricultural produce
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Govt rejects Rs7.3b grant for PIA
IMF commitment drives decision as airline struggles with debt, legal disputes
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Pakistan Auto Show 2023 to feature 150+ companies
Three-day event to include Chinese and Iranian firms
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High-level Turkish furniture delegation to visit Pakistan
Hopes to explore collaboration for joint ventures, investment prospects
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Rupee resists larger losses
Sheds Rs0.21 to new one-week low at Rs280.09 vs dollar
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MoU inked to set up EV stations
China-Pak JV aims to remove hurdles preventing transition to alternative fuels
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Forex reserves fall by $220m to $7.5b
SBP attributes substantial decrease to debt repayment
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‘Freelancers can generate $10b in tech exports’
Minister says freelancers will be enabled to earn $30 each daily
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Power sector debt soars to Rs2.54tr
IMF review signals delays in energy deals, debt reduction measures
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Economic crisis affected performance in FY23: KE
Company plans to add 2,272MW from renewable, indigenous sources
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Inefficient CPPs chosen for subsidies
Cheaper indigenous gas diverted to captive plants while subsidies balloon
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Karachi’s business hub is ownerless, says minister
Points out water shortages, labour issues, need for new industrial zone plague city
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Handicraft brand aims to increase presence in China
Specialises in handmade scarves, carpets from Pakistan, India and Iran
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Industrialists denounce gas tariff hike
Term ECC decision unacceptable that will push down production, exports
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PM to raise trade discrepancy issue
Incomplete trade data strains revenue, foreign exchange
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Committee formed for 5G auction
Cabinet approves telecom infrastructure sharing framework that will reduce costs
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Rupee dips to one-week low
Gradually rising dollar demand dents rupee value