Business
More News
-
‘Economy is on the brink of collapse’
Experts say urgent focus is required on increasing exports, decreasing spending
-
Deal inked to lift microfinance sector
British institution to cover 50% risk on financing worth $40m
-
Gwadar free zones to become export industrial parks
Investors will be exempt from all provincial, federal taxes and duties
-
MEPCO’s 1.9m poles a risk to people’s lives
Electric poles have no earthing system; company plans to outsource task
-
‘Avanceon, ZOMCO JV an opportunity for Pakistan’
Experts believe partnership will revolutionise regional IT industry
-
Pakistan eyes 14,000MW clean energy
Experts call for encouraging Chinese investment in solar and wind power
-
Big industries contract by 12% in February
Reeling from supply-chain disruptions, high costs, economic slowdown
-
Socialist babus, central planners
They promote ideas that contain dangerous consequences for economic future
-
Will the salaried class always have to struggle?
A mid-level career professional ends up paying almost 50% of his salary in taxes
-
Carrots and sticks: balancing industrial policy
How might landscape have evolved if export subsidies were tied to performance metrics?
-
The cost of infighting, conflicts
Last 13 years worst for economy as tug of war continues among power holding elite
-
Energy efficiency and conservation initiatives
Situation is really bad, although wall and roof insulation technology is available for decades
-
Classic cars roar into investment funds
Vintage cars have risen 185% in value over the past decade, Ferrari fetched $48m Mercedes-Benz $149m
-
Earnings may offer clues on US economy
Investors gauge whether Fed tightening, banking mess denting overall growth
-
Pakistani jewels dazzle at Hainan Expo
Island’s FTP is scheduled to initiate independent customs operations by the end of 2025
-
PSX flat as investors stay away
KSE-100 index edges up by 155 points, or 0.4%, at 40,206
-
US for greater scrutiny of hedge funds
It comes after upheaval in US govt bonds
-
Parts industry seeks meeting with Dar to avert closure
Appeals for removal of auto sector from ‘nonessential import items’ list
-
All political parties must come together for stability
Business leaders propose discourse for Pakistan’s political and economic stability
-
‘G7 must help emerging states reduce emissions’
Ministers from rich nations meet for climate, energy talks in Japan
-
Financial institutions directed to adopt facial recognition feature
SBP measures to be implemented by December 31, 2023
-
Govt jacks up petrol price by Rs10 per litre
The prices of High Speed Diesel and Light Diesel Oil remain unchanged
-
Businessmen predict negative growth in FY23
Call for protecting export-oriented industries to save economy
-
Fuel subsidy plan hits roadblocks
Oil dealers object to cross-subsidy, fearing they will not be reimbursed on time
-
Petrol price may go up by Rs15/litre
Diesel rate expected to rise by only Rs0.30 per litre
-
Rupee recovers on $300m Chinese financing
Inflows will shore up forex reserves, defend currency
-
Reliance on imported fuels grows by 9%
Continued to surge for 2nd consecutive month, hitting $2.03 billion in March
-
Tesla cuts vehicle prices in discount drive
Prices slashed due to improvement in production capacity
-
Dar urges release of $900m loans
The two loans are critical to achieve staff-level agreement with IMF
-
Economy suffering due to global shocks: SBP governor
Says external balance of payments barring access to intl markets
-
PRGMEA opposes long Eid holidays’ decision
Says it can cost the nation billions in external trade
-
Boeing shares tumble 6%
Delivery of 737 MAXs’ halted as quality issues rise
-
Inflation ebbs despite surge in prices of 26 commodities
PBS weekly report says inflation decreased by 0.6% on a weekly basis
-
Inflation to begin decelerating over next few months: SBP
With the revival of IMF programme, uncertainty regarding external financing will also fade away, says governor
-
Thar coal poisoning water: report
ELAW report reveals all samples collected are unfit for human consumption
-
Mounting debt triggers economic crisis: UN report
Says Pakistan in ‘polycrisis’ as external debt doubles in five years
-
PRA collects nearly Rs15b
PRA also collected Punjab Workers Welfare Fund (PWWF) worth Rs555 million
-
SoftBank to sell entire stake in Alibaba group
Alibaba stock tumbles as a result
-
PIA gets Rs15.6b bailout package
ECC also increases national carrier’s sovereign guarantees limit to Rs263.2b
-
Reserves fall by $170m
SBP attributes decrease to external debt repayments
-
SBP extends date for adopting IFRS 9
New rule will increase credit cost, impact earnings of banks
-
Goods smuggling issue taken up with Iran
Naveed Qamar asks for slashing tariffs on imports from Pakistan
-
Solar grids bring relief to Sindh
19-kilowatt mini-grids powered by solar energy installed in Ishaq Jokoi
-
Smuggled cigarette sales surge after duty hike
More than 100 illicit brands being sold in markets with impunity
-
Russia starts fuel exports to Iran by rail
Plans to swap supplies of oil products with Iran were made last autumn
-
Trella winds up Pakistan operations
OICCI reports its many members mulling winding up, shrinking operations
-
Train crunch to spur coal imports by Indian industries
It comes for second consecutive year due to shortage of trains
-
Pakistan in breach of all fiscal targets
Deficit may widen to as high as 6.8% by June this year
-
Oil jumps on lower-than-expected CPI
IMF trims its 2023 global growth outlook, cites impact of higher interest rates
-
Rupee recovers partially as dollar demand dips
Low activity in currency market supports rupee’s appreciation