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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
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Delegation explores collaboration
Kashgar’s geographic proximity to Central Asia, South Asia ideal platform for fostering economic partnerships
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Honda unveils its first electric motorcycle
Marks 60 years in Pakistan, signalling new era in country’s automotive industry
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World Bank exposes vested interests
Warns against relying on debt structuring alone, says reforms being hindered
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Financial services deal for PIACL divestment sealed
Ernst & Young chosen for crucial financial advisory role
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Oil rises over 2% with focus on OPEC+ cuts
Brent crude futures were up $2.07, or 2.6%, at $82.05 a barrel by 1801 GMT
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Rupee stable at Rs285 against dollar
Ends three-day downward fluctuation with optimism over foreign currency inflows
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PSX soars to new peak above 60.5k
Deals of billions with UAE spark rally; KSE-100 index shoots up 918.92 points
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PSX crosses 60,000 points milestone
Market is expecting foreign currency inflows worth around $1.5-2 billion from multilateral creditors
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‘Domestic debt restructuring will be painful’
Former central bank governor warns of pains to depositors, draws parallels with Sri Lanka’s struggle
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KE licence hearing today
NEPRA frames questions based on comments from industrialists, other stakeholders
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Completion of key projects increases water storage
Carry-over water capacity will increase from 30 to 45 days, with an additional 9.7 MAF water storage.
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PSX hits fresh record, nears 60k milestone
KSE-100 index soars 724.99 points, settles at 59,811.34
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Pakistan, China forge textile ties
Delegation explores silk hub, paves way for collaboration
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Foreign companies repatriate record $272.5m in October
Marks 39-month high, as MNCs freely transfer funds, boosting investor trust
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Little prospect of Russia oil deal
Moscow reluctant to agree on $60 price cap; delegation arriving for talks
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UAE mineral giant eyes Pakistani mining venture
NT to invest around Rs2.5b in establishing mineral-based business in Pakistan
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Rupee touches one-week low vs dollar
Currency likely to move in narrow band in current week
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Sindh farmers eye dragon fruit market
Progressive farmers advocate cultivation of exotic fruit to boost exports, economy
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Transforming the private sector
Exports may not rise sustainably as private sector fails to invest and innovate
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Prerequisites for attracting sustainable foreign investment
Fostering culture of legal compliance will create business environment that attracts responsible, ethical investors
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Is investing in Quantum 2.0 the next big thing?
Single factor that has made a dramatic shift in global cybersecurity architecture is quantum computing technology
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Potential for green, ESG Sukuk
Sukuk will highlight role in environmental protection, solve economic problems
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Forests to fortune: Journey into carbon credit prosperity
Pakistan lacks technical experts, resources to develop carbon credit proposal as per international standards
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Argentina, IMF discuss monetary programme
Argentina is tied up by a $44 billion loan programme from the IMF
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Beijing airs concerns over delay in tax break
Seeks exemption from duties, taxes on goods donated to G-B Police
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‘Caretaker govt committed to attracting FDI’
CPEC anticipating over $100 billion in investments in Pakistan.
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7% policy rate cut projected for CY24
With this, industries relying on bank borrowing will get affordable credit
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Oman sees potential for deepening trade ties
CG asks Pakistan to export more agri-products to Gulf nation
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PSX undeterred, reaches peak above 59k
KSE-100 index climbs 2,023 points, or 3.5% WoW, closes at 59,086
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Britain’s Lloyds shake-up puts 2,500 jobs at risk
Step taken amid a renewed push to slash costs
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Global equities head towards big gains
Oil remains steady ahead of OPEC+meeting
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‘Social engineering is a real threat’
Banking experts urge awareness, technological solutions at Karachi conference
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IMF sees $8b dip in debt in two years
Reduced CAD, restructuring initiatives with China drive projected decline
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Using technology to hit the right notes
Azima Dhanjee’s inspirational story features on ET podcast
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Rupee largely stable at 285.37
Drop in forex reserves may put currency under pressure
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Govt mulls weekly oil price revisions
OGRA writes letters to oil industry, asking it to switch to new mechanism
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Iranian envoy proposes border markets to boost trade
Highlights potential to help Pakistan address energy deficiencies
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Weekly inflation records marginal dip
Slight reprieve but SPI index remains elevated at 308.9 points
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Barclays working on $1.25b cost saving plan
Considering up to 2,000 job cuts aimed at boosting profitability
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In another record, PSX crosses 59k mark
KSE-100 index rises 186.51 points, settles at 59,086.35
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PHMA urges inclusion in Export Advisory Council
Chairman says knitwear consistently outperforms other export sectors
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Business leaders urge FTA to boost Pak-Kazakh trade
Say agreement can elevate trade from $195m in 2022 to $1b
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Body formed for tax base expansion
To increase income tax filers from 4.9 million to 6.5 million in eight months
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Gas consumers to pay Rs5b more
ECC decides to recover local, imported gas price difference from urban consumers