Business

It causes revenue loss, promotes financial transactions via illegal network

Union leader says sell-off will only multiply problems of consumers

SPI reading increases 0.30% compared to prior week

Sales of illegal cigarettes rise to 63% of total volumes since duty hike

Farmers reject FCA production estimates, saying they do not depict true picture

Final decision rests with govt that may instead resort to tax adjustments

SBP governor says foreign exchange buffers are improving with build-up in reserves

Economist believes currency will maintain winning streak in short run, reach 260-265/$

Calls initiative favourable step for investors

Pakistan, China may reduce cost by $3.2b to make it commercially viable project

Tecno Mobiles official says economic revival has started, consumer demand is rising

Highlights risks due to Pakistan’s thin forex cover for debt repayment

Aims to make Pakistan regional auto export hub

Board will review majority shareholder’s intent to buy all outstanding shares

IT ministry sets up national Computer Emergency Response Team

Fawad says country could not increase exports by putting together SEZs

SBP reported a 0.41% increase in its foreign exchange reserves on a week-on-week basis

Currency stood below Rs279 against the US dollar in inter-bank market for the first time in three months

Power Division asked to step up efforts to remove bottlenecks

Finance ministry officials say both heads regretted due to busy schedules

FCA projects cotton harvest at 11.5 million bales this season

Automakers sold 10,000 units in Sept as govt eased import curbs

Assess market situation, cooperation within OPEC+ group

Puts deficit at Rs8.2tr, higher than target, leading to extra Rs1.3tr borrowing

World Bank officials meet caretaker Federal Minister of Privatisation Fawad Hasan Fawad

May convert 400-room hotel into healthcare structure

Recovery comes after central bank reports remittances sent by overseas Pakistanis hit six-month high in September

CCOP directs Privatisation Commission to develop clean plan of action

It comes despite pending litigation in international court of arbitration

Aims to expand operations beyond main cities in Pakistan

Says interim govt will implement CPEC schemes to make it a success

Expatriates increasingly use official channels following crackdown on illegal network

Will make it harder for central banks to achieve soft landings in many economies if it spreads: WB

Among defaulters, PIA has to pay Rs26b to oil marketing firm

Rupee recorded fresh gains of 0.41%, or Rs1.14 and closed at Rs280.51 against the greenback

Reduces inflation projection to 23.6% for current fiscal year

Earnings dip 24% due to high finance cost, expensive cotton and energy

Urges textile exporters to focus on more value addition, R&D

Envoy encourages Pakistan to explore renewable energy opportunities

Delegation visits Beijing to explore possibilities of cooperation

World Bank says salaried class paying taxes to their maximum potential

Convene on October 11 to review output of major and minor crops during Kharif sowing season

Poised to ship first consignment of frozen beef this month

Market talk suggests that the rupee will reach less than Rs280 per greenback soon

Will approve reforms to attract investment, increase mobile broadband proliferation

Reforms are required to improve competitiveness, productivity and exports

There must be a roadmap for reforms to remove bottlenecks

There is a need for a paradigm shift in the operating modalities of SOEs

Quick fix of consumerism-led growth has not yielded sustainable results

Higher returns will offer investors protection from currency free fall plus nominal profits