Business

Says govt is committed to facilitating investors

Islamabad seeking long-term supplies at a discount

Import pressure, lower remittances push currency down to 279.80/$

Dives to a mere $5.2 million, a 77.5% decrease from previous quarter

Drop to $27 billion as illegal markets offered favourable exchange rates

Agency says country still remains in ‘very high credit risk’ category

Pakistan must decide whether to risk potential oil price rally or safeguard its interests

Pakistan has not yet signed new Cybercrime Convention owing to national sovereignty concerns

Revenue mobilisation system needs paradigm shift to real-time data integration

This is shocking, frustrating, and certainly detrimental to investors

Consumption is not inherently bad if it is met by domestic sources; unfortunately, in Pakistan, it is not

Traders express frustration over unclear procedures, limited engagement

Approximately 300,000 children will benefit from the grants

Beijing asks Washington to match words with action

TotalEnergies CEO says republicans may decide to halt hydrocarbon exports

KSE-100 index surges 2,755 points, surpasses 44,000-point mark

Contradictory policies, port clearance delays impede progress towards energy targets

Mehmood reiterated the significance of the road transport agreement between Pakistan and Russia

Slashes registration fees for vehicles of 1501cc to 2000cc from 3% to 2%

UN has been leading negotiations to ensure the continuation of the agreements

Cess collection reduced from Rs531.7 million in 2014-15 to Rs207.2 million in 2021-22

Currency loses 0.31% of value, stands at Rs277.90 vs dollar

Economy endures turbulent CY22 due to imbalances, external environment

Millions of people provided job opportunities since project’s birth

Price increase was largely anticipated by the markert

Extends support to Chinese investors aiming to lift Pakistan’s industry

Term it bold move, long-term investment that will take time to produce returns

Abu Dhabi Ports will invest $102 million over five years

Increases consumer prices of urea and DAP, causing concern among farmers

Cost of sugar, vegetable oils, cereals and dairy products drops

ECC asked not to provide more funding unless dues settled by Balochistan

Envoy encourages Chinese companies to invest in Pakistan’s growing NEV sector

Expresses concern over imposition of new taxes, reversal of relief measures

Aim for greater efficiency in trade, reduced risk from geopolitical factors

PFVA accuses dept of plant protection of bias against hot water treatment plants

Marks third consecutive month in which high domestic borrowing targets have been set

Dealers anticipate currency will come under pressure again

OGDCL wins exploration blocks in Sindh and Punjab

Record an increase of $393 million upon receipt of official inflows from govt

Joint effort seeks to provide training, access to resources, networking opportunities

Criticises preferential treatment given to tax-evading factories in FATA/PATA

Competition for such EVs becoming more and more fierce

High domestic borrowing, unsustainable debt raise concerns over currency’s stability

Aims to bridge the technological divide in rural communities

CDS dropped by 12.40 percentage points to 46.76% following IMF deal

Gives no reason for price hike, says new prices include Capital Value Tax

OPEC+ has been cutting oil output since November in the face of flagging prices

DISCOs’ consumers will pay Rs22.6b; KE tariff will also rise by Rs1.45 per unit

Inflation, interest rate hikes dampen risk appetite

PRL MD dismisses talk of oil processing in India before shipment to Pakistan