Business

PM says problems cannot be resolved with tax-to-GDP ratio of just 9%

Govt jacks up petrol price to a whopping Rs18.44; PSX tumbles, rupee continues downward slide

Industrialists, traders and shopkeepers unite to demand relief from soaring power bills

Saif also addressed the challenges faced by Pakistan's large online freelance workforce

Currency hits record low vs dollar as demand from Kabul spikes

Says it will cease activities unless dues of $50m are settled by Sept 10, 2023

Projected to consume 50% less fuel compared to its petrol, diesel counterparts

Agri-secretary urges need for optimising production to ensure farmer prosperity

Urges resolution of financial transaction challenges for freelance market

Increase sought under July FCA that will put Rs22.7b burden on power consumers

Approximately 35 tonnes of rock salt sent between June and July this year through the Khunjerab land border

Committee member says use of market is pushing value of dollar up

Caretaker minister Gohar Ejaz announces goal of achieving $25 billion in textile exports for the current year

Reaches Rs304.45/$ in inter-bank trade, stoking inflation fears

Shamshad says there is barely any fiscal space available

Caretakers need foreign lender’s approval before announcing relief to people

Fears arise these directors may initiate politically motivated schemes

Calls for priority resolution of issues related to taxation, tele-density, spectrum distribution

Aim to fortify connections between Pakistan and Canada

Exporters halt consignments over 20% new duty

Mulls slashing development spending, particularly expenses on provincial schemes

Dollar experiences new high against battered yen

Authorities continue providing ad hoc short-term solutions

According to importers, 4 lakh tonnes of wheat have been purchased so far

Currency drops 0.35% to Rs303.05 vs dollar as govt targets smugglers

Domestic capital markets expect a further hike in key policy rate by central bank to control rising inflation

Industry focuses more on new products, markets to ramp up exports

Exporters brace for change as bank trims financing to meet IMF conditions

PCJCCI president says Istanbul’s exports to Beijing will be streamlined via Pakistan

As tomato, onion prices surge following erratic monsoon rains

Rupee-dollar rate, coal prices, RLNG cost major factors that determine capacity payments

Pakistani rupee becomes worst performing among 12 currencies in MSCI index

Decline to Rs9.66b despite investing in high-return schemes

ECC revises prior decision, says ban on sugar export already in place post August 10, 2023

Scheme meetings will now take place on Sept 26, instead of Monday

With new Islamic banking windows and branches, BOP reiterates its commitment to expanding Islamic banking in Pakistan

Purchasing power of rupee to fall even further, and much rapidly than before

Interim govt for three or six months cannot be taken seriously by investors and diplomats

Flexible exchange rate only suitable for countries that have large forex reserves

Pakistan’s struggle with climate-related adversities underscores urgency of youth conference

GST can be done away with or at least reduced as energy tariff becomes unaffordable

Dr Gohar Ejaz asks exporters to shift focus to value-added products, says Pakistan needs new reforms

Innovative method holds immense promise due to popularity in Europe

Says restrictions on shipping of Ukrainian grains creating problems

Benchmark KSE-100 index dips 547 points, settles at 47,671

Tourism authority chief says Riyadh eager to host more Pakistanis, facilitate pilgrims

Businessmen call tariff rise counterproductive that will render industries uncompetitive

Will bring undocumented economy and people to tax net, says PM

Say thousands of businesses, startups rely on international digital services, platforms

Owing to theft and inefficiencies, circular debt continues to plague energy chain