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Revamping power sector with deregulation
In Pakistan, problems in one sector can lead to circular debt in another
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In situ urbanisation to reduce disparity
It will equip rural areas with resources for improved living standards, growth
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Cooperation with China, Arab states in BRI sought
NBP highlights agricultural potential, investment opportunities at China-Arab Expo
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Preferential treatment for industries
Ministry proposes special tariffs, moratorium on loan payments to SIFC
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Govt urged to renegotiate capacity charges
Businessmen ask for halt to sales tax collection, reduced tax on electricity
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WTO asked to address ‘non-market’ practices
13th ministerial meeting of WTO is scheduled for February 26-29
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No action against political appointees
Besides LESCO, PDM govt appointed MPs’ relatives on two other DISCOs
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EU has no intention to decouple
The bloc posted record bilateral trade with China last year, but it is “very unbalanced”
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Pakistani fintech eyes UAE market
Over 450 local companies have adopted Abhi’s products
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PSX rallies over string of positive developments
KSE-100 index gains 668 points, closes at 46,421
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Retail sector to set up outlets abroad to boost exports
To focus on strategies and initiatives to foster export-led growth
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Partnership with global businesses sought
Foreign minister highlights resilience of country’s market in the face of challenges
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‘Elites struggle to capture resources’
British economist says status quo is untenable, harmful to Pakistan
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Govt debt securities to be listed on PSX
Caretaker finance minister says listing will foster credit market’s growth
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SIFC sparks Iranian interest
Envoy says expansion of border markets, barter trade mechanism will bolster bilateral ties
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‘Interim govt’s measures will stabilise economy’
Akhtar assures PBC of reducing power tariffs, establishing independent tax policy unit
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Nepra approves Rs3.28/unit hike
New quarterly adjustments will add burden of Rs135.5 billion on consumers
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Rupee strengthens further
With currency gains, inflation and petroleum prices may come down
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Weekly inflation spikes nearly 1%
Food, oil price surge fuels inflation in week ended Sept 21
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IT sector grappling with brain drain
Experts say substantial percentage of those leaving possess tech expertise
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Minister urges swift progress on CPEC
Says working groups on infrastructure to meet soon
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Plants accused of overcharging for low-quality coal
Revelations emerge at public hearing sparking concerns over quality, transparency
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Govt vows to break nexus of cartels
Underlines the need for developing strong coordination between federal and provincial governments
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Govt rejects hefty duties on imports
Says move will undermine negotiations with EU for GSP Plus scheme
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Gas shortages likely to persist
Minister says even operating at full capacity, two LNG terminals are insufficient
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SBP brings incentives to attract remittances
Offers cash reward, higher TT charges to banks and exchange firms
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Govt woos investors to inject capital into startup fund
Taking steps to set up 5,000 e-working centres for freelancers
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Rupee reaches 5-week high
Stands at 292.78/$, gaining almost 5% in the past 12 consecutive days
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Forex reserves rise by $56.4m to $7.7b
No reason cited for increase in foreign currency assets
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Carateker govt sees dollar at Rs260 soon
Commerce minister urges people holding dollars to release them into the open market
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Aquatic product exporters eye expansion in China
Registered new species under second phase of China-Pakistan FTA
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Rice exports expected to exceed $3 billion in 2023
Stakeholders urge inclusion of rice as product in all FTAs
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SBP grants approval to five digital retail banks
Aims to meet financial needs of underserved population
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Defaulters owe DISCOs over Rs2tr
Govt only concerned about circular debt, focuses less on habitual defaulters
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Pakistan to face highest inflation
ADB report predicts fourth lowest growth rate among 46 regional economies
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Oil prices ease ahead of US Fed rate decision
EIA report suggests weekly draw in stocks was in line with estimates
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Rupee appreciates further to Rs293.88 vs dollar
Maintains winning streak for 11th consecutive working day
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Resumption of Thai Airways flights marks bilateral milestone
LCCI president says SIFC will facilitate investors through streamlined services
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Integrated planning to help resolve energy crisis
It will push up industrial growth, create export-led base and save forex reserves
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$4.5b external financing shortfall may rankle IMF
Unrealistic measures in budget lead to Rs1tr less allocations for interest payments
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Another tariff hike looms
CPPA requests increase of Rs1.8290/unit due to fuel adjustments
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Decision on borrowing cost put off
Energy ministry proposes change in borrowing rate for power projects
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Alvi urges collective efforts for social, economic advancement
Says active involvement of chambers, banking sector, and civil society a must
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Minister commends Malaysia’s growth
Reaffirms commitment to address international issues collaboratively
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Crackdown against gas pilferers continues
SNGPL disconnects 163 connections, imposes fines worth Rs4.2 million
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IT exports rise by 10% MoM
Information technology exports for August 2023 amounted to $235 million
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Pak Suzuki extends bike plant shutdown
Attributes decision to shortage of inventory
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Rupee hits 5-week high below Rs295/$
Currency propped up by improved supply of dollars in market
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OGDC makes gas discovery in Punjab
Finds reserves in Chak 214-1 well in Rahim Yar Khan
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Rupee surges Rs1.04 against US dollar as recovery continues
Buying and selling rates of dollar in open market stood at Rs295.6 and Rs 298.5 respectively















































