Business

PAMA reports car sales of only 4,500 units, down 52% MoM and 80% YoY

SBP cites external debt repayment as reason for decrease

Overseas Pakistanis sent home $2.21 billion in April

Predicts net profit will grow 32% to record $2.59 billion

Industry leaders call upon PM to restore services, say effect on economy is quantifiable

Currency melts around 3% to Rs298.93 vs dollar; market expects swift recovery

Islamabad targets imports of up to 100,000 bpd

Low-cost carrier was plunged into financial crisis due to faulty engines controversy

Report suggests FBR may again rely on limited number of taxpayers to meet goal

Discusses role of vegetable oils in achieving UN SDGs

ECAP data shows the rupee has fallen Rs7 to Rs297/$ at the open market

Saudi oil giant’s net profit was 3.75% higher than in the fourth quarter

State petroleum minister, US officials discuss ways to enhance energy productivity

Says IT ministry has set 100% growth target for exports

Commercial counsellor attributes growth to strong manufacturing capability

Dealers say 35% of diesel sold in country has reached markets illegally

PFVA demands Rs3b for research to increase crop yield, produce quality fruits

Circular debt has been piling up for years and has now crossed a staggering Rs1.6 trillion

Rupee drops to Rs284.84 vs dollar while gold surges to Rs230,100 per tola as Khan arrested

Finance ministry rules out default, says $3.7b will be repaid in two months

Urge govt to simplify policy to encourage exporters, fetch foreign exchange

Aviation regulator orders airline to stop issuing new tickets

It comes despite commitments to net zero carbon emissions

Secretary says economic situation demands active participation of women

Says high taxes hurting growth, capital formation

Recommends 8% WHT as high taxes threaten digitalisation drive

Hits all-time high at Rs226,900 per tola partially due to rupee fall

Petroleum Division writes letter to interior ministry and FBR, seeks action

Asks board member to persuade IMF management to resume programme

Idea of reforming state-owned units has taken precedence over will to privatise

ADB says country needs to install 25,000 charging stations to support adoption of EVs

Geopolitics, Sino-US rivalry mar IMF’s mission as emergency lending arm

Rules put emphasis on location where service provider resides or place from where services are rendered

Key challenge in establishing viable value chain is capital, operating cost

DET head says Schengen style unified single visa being considered

Will streamline trade processes, provide conducive environment

Sector needs to upgrade supply chain, maximise value addition

KSE-100 index advances by 661 points, or 1.6%, and settles at 42,242

Counsellor for focusing on demand-driven products

Demand fair share in policymaking and budget planning

Potential deal can boost BlueStone’s plans to expand aggressively

Sets transportation tariff for liquefied natural gas shippers

In case of restructuring, most of domestic banks may face serious solvency issues

Five dozen govt departments, organisations receiving higher-than-standard salaries

Explore Chinese market at Canton Fair to start business with counterparts

Technically, crude has been through an exaggerated liquidation sell-off, Kissler said

Committee formed to develop action plan, firm up timelines

Stronger jobs report eases fears of imminent economic downturn

It signals rupee may appreciate against greenback in near future

Increase in prices, rebounding margins behind strong performance