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PSW’s Khadijah programme hosts second iteration
Designed to equip, empower women entrepreneurs to play role in cross-border trade
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PSX eyes 32% growth by Dec 2024
AHL report predicts robust earnings, attractive valuations, political stability
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Developing states seek increase in Adaptation Fund
Expert hopes COP28 will take new initiatives, announce financing
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PSX boom: An investor’s dilemma
Have I missed the rally? More commonly, I will buy at ‘dips’
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Global recession is knocking on the door
Primary reason for fall in global growth is tightening cycle employed by central banks
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No shortcuts to sustainable growth
Recent steps for sustainable recovery fail to tackle underlying structural issues
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Pathways to Pakistan’s prosperity
Country needs intellectual environment where economists, businessmen, bureaucrats can workwith synergy
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Economic revival, CPEC and Agenda 2024 – I
This is only possible through policies, models, or plans tailored according to the needs of the country
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Interest-free banking system critical
Hyderabad traders welcome Summit Bank’s transition to Shariah-compliant bank
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S&P 500 rises to highest close of 2023
Index closed at 4,594.63 points, up 26.83 points, topping close on July 31 at 4,588.96
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Businessman explores auto opportunities in Shanghai
Expo will provide platform to connect with potential suppliers, manufacturers and distributors.
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PSX breaks more records as bulls charge
KSE-100 index jumps 2,605 points, or 4.4%, settles at 61,691
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SBP seeks protection for MFB deposits
Subsidiary will provide mechanism to ensure deposits remain safe from risks
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Govt, banks at stalemate over PIA debt restructuring
Finance minister rejects proposals, extends deadline for technical committee
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Cement sales fall 2.12% in November
APCMA data shows local cement despatches were 3.262 million tonnes
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PMEX holds first-ever Invest Expo 2023
Event encourages safe investment alternatives, raising financial knowledge
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Pakistan, GCC hold talks on investment chapter
Focus on investment protection under FTA; agreement may be reached soon
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Changes to gas priority order sought
ECC members argue industry should be given priority as it earns revenue for country
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FA approved for Roosevelt Hotel
Privatisation board establishes committee to conclude financial services deal
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E&P firms give poor response
Submit bids for only 6 out of 10 onshore blocks offered
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Rupee surges to one-month high, closes below Rs285/$
Maintains uptick for 4th consecutive day driven by increase in supply of foreign currency
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Inflation bounces back to over 29%
Urban consumers face the brunt of staggering 520% increase in gas prices
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Import measures yield $4.8b savings
Result in trade deficit of only $9.4b during first five months of this fiscal year
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Oil stabilises after slump on OPEC+ cuts
Crude benchmarks on track to post weekly gains
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Stocks skyrocket to new all-time high
KSE-100 index gains 1,159.98 points, settles at 61,691.25
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Gas prices propel weekly inflation by 41%
Weekly inflation shows 0.23% decline WoW, marks second week of decrease
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Engineers trained for key role in CPEC’s Matiari-Lahore project
Training focused on skill development, insight into Chinese culture
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Over $1b being invested in K-P power project
It will bring economic stability in least developed Upper Kohistan district
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First-ever gender bond launched
Bond worth Rs2.5b aims to narrow gender gap, boost socio-economic development
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FBR exceeds tax target, avoids mini budget
Amasses nearly Rs3.5tr, on track to achieve goal set by IMF
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An ‘outstanding’ performance
Economy grows 2.1% in Q1, rupee stabilises and PSX hits record highs
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FBR staff unveiled as non-filers
Hundreds of FBR employees failed to file tax returns, wealth statements
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Foreign reserves surge by $77 million
Net foreign reserves held by commercial banks stood at $5,135.8 million.
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'Businessmen must follow best practices'
President asks traders to adopt honesty, fairness to grab space in global economy
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PSX ends nearly flat on profit-booking
KSE-100 index creeps up 29.27 points, settles at 60,531.27
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Industrialists announce shutdown on Dec 4
Insist high gas tariffs make all industrial zones uncompetitive
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Saudi loan rollover props up rupee
Currency reaches one-week high at Rs285.17 to a dollar
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Govt slashes diesel price by Rs7
Keeps petrol rate unchanged; increases LPG price by 1.5%
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IHC halts Rs35b tax on banks
Suspends windfall tax decision, questions legality, powers of interim setup
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Growers sound alarm on fertiliser crisis
Seek immediate intervention to tackle fertiliser black market during crucial wheat sowing season
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Saudi Arabia wins bid for 2030 world fair
Leaves Italian contestants scathing in their disappointment
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Crude edges up ahead of OPEC+ meet
Shrugs off US oil stockbuild on worries of extended supply cut
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Further Rs3.5 per unit tariff hike in the offing
If approved, consumers will be burdened with additional Rs40b
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Despite initial spike, PSX undergoes correction
KSE-100 index loses 228.26 points, settles at 60,502
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Telecom firm asks govt to remove investment hurdles
Capital injection focuses on advancing the country’s digital infrastructure
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Gold surges to 3-month high at Rs221,000 per tola
Rupee remains stable at Rs285.39/$, increasing by 0.05%
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Rs70b money laundering uncovered
FBR reveals two firms, with support from banks, funnelled funds abroad
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Saudi Arabia extends term of $3b deposit for another year
Move will help maintain foreign currency reserves and contribute to economic growth, says SBP
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Business confidence improves, but still negative
OICCI cites positive changes in political, economic situation for improvement
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KE claims meeting most of targets
Says 71% of area in Karachi is now free from load-shedding