Business

ADB cautions it can lead to water scarcity, food insecurity, conflict

Debt servicing cost alone Rs139b more than federal govt’s net income

JP Morgan-led delegation of renowned companies meets finance minister

Pakistan will pay for 100,000 tons of crude oil in Chinese yuan

Govt participates in 4-day Arabian Travel Market for third time in 30 years

Featuring state-of-the-art amenities, the impressive development provides comfort and convenience

Tax officers raise voice against discrimination in pay as compared to other govt officials

'In addition, we see a risk that the global economy fragments into trading blocs'

Amount 70% higher than this year’s revised budget aimed at curbing debt

Salt manufacturers stress need for value addition, diversifying exports

Tribunal to be set up to address issues related to energy efficiency standards

Investors asked to remain cautious about abnormal growth, price volatility

No reason cited for decrease in State Bank’s reserves

Matter delayed, though govt desires to host Xi to celebrate the decade of CPEC

Industry sold 2.9m tons as compared to 3.5m tons last year

Regional director says a number of risks impacting outlook for region

Leading business houses estimate living wages at around Rs50,000 per month

Businessmen demand restoration of RCET for electricity and gas

Governor says rising temperature impacting agricultural output

Increase will put additional burden of Rs5.47b on Karachi consumers

Investors buy precious metal to avoid impact of rupee devaluation

Move will have positive effect on financial position, earnings

Country’s indicators fall below levels seen by world’s poorest nations

Predicts China’s recovery but warns of stubborn inflation, volatile global market

Bank president announces innovative climate finance facility

Says it will ensure better transparency as market shifts towards liberalisation

Demand free access to wheat as 70% mills in Karachi shut down

Businessmen for converting bilateral, multilateral relations into commercial ties

Govt chokes economy to save trade dollars, stave off default

Issues nearly Rs620b in supplementary grants in first 10 months of FY23

Banking crisis leads to deposit outflows from smaller lenders

Weak data from China, US rate hike talk offset OPEC+ cuts

Participation in travel mart to promote soft image of country

PM aide calls for providing workers access to essential benefits

Claims overseas sales have already stagnated, blames govt’s apathy

Study advocates business models to boost renewable energy, liberalise energy market

Credit to private sector, however, slows five times to just Rs220 billion

Money is there to pay in local currency but foreign exchange is missing

Prices of kerosene, light diesel oil also reduced by Rs10 after fluctuations in global oil prices

Once done, imports should be relaxed, especially for exports and high revenue items

While world races towards growth, Islamabad’s politicians bicker inconsequentially

Recent Covid-19 pandemic, flooding disasters lead to rise in demand for insurance products

Revised CDMP reveals Rs952b more will be added to circular debt this year

Stable quality, fair colour of sesame give competitive edge

Finance ministry admits central bank’s contractionary monetary policy not working

Foreigners turned net sellers during the week under review as they sold stocks worth $14.2 million

Project will help meet LNG demand from Australia’s trading partners

CCOE forms body to deliberate further, give report in 10 days

Businessmen demand strict measures, advanced meters to control losses

Envoy says order for oil placed in consultation with Washington