Business

Latest recovery came after Pakistan received $500m loan

Says it has already spent $2b to complete its part of the pipeline in its territory

No, it does not and there are six reasons why

Manufacturing contributes just 12% to GDP, underscoring urgent need for change

Sector may continue growing, driven by internet penetration, middle class

Best way to achieve austerity, prosperity is to end govt monopoly over economic resources

Inflows can stem from remittance cards, IT exports, tourism, skills programme

Provides a platform to kick-start an idea, label, brand or production house

Expresses eagerness to strengthen bilateral ties

Any agreement will give EU free trade agreement-like status

China’s economy hit hard due to harsh Covid-19 restrictions

Pakistan, China join hands to increase planting area, crop yield

The precious metal has cumulatively lost 2.42% (or Rs5,000 per tola) in the past two days

Benchmark KSE-100 index gains 629 points to close at 41,337

Reach net earnings of a cumulative Rs1 trillion

About 90,000 Pakistanis may not perform Hajj due to dollar shortage

Say lack of coherence in government policies is stagnating economy

Moscow agrees to receive payment in rubble, yen and UAE dirham against oil supplies

Govt allocates 300 acres of land for factory with Foxconn investing $700 million

Govt accepted PFMA demand to de-seal flour mills, allow wheat transportation

Sign MoU to collaborate in adoption of new technologies

Exports, on the other hand, were up by 10.96% to 449,940 tonnes in February

AEDB CEO says govt aims to boost share of renewable energy to 30% by 2030

Industry on the verge of closure due to shortage of imported raw material

Market talk suggests massive hike in policy rate supported currency

Partnering with China will help potato producers get rid of imports, earn forex

Says banks’ high exposure links their credit profile to that of the government

TRG directors say former CEO's defamation suit was a private inter-company letter that was not circulated

Move to help stabilise forex reserves, avert imminent default on external debt

Insists Pakistan should follow Chinese SME development model

Demands the de-sealing of raided mills, fixed wheat quota

Ministers propose 50% cut in cabinet size under structural reforms

Central bank attributes increase to $700m Chinese loan disbursement

If approved, Rs356 billion will be collected from consumers from July 1, 2023

Pakistan to import 450,000MT of wheat from Russia, expected to reach via sea on 9 ships

Will enable govt to pay off Rs120b in interest on PHL loans

German envoy warns of shadow over relations

KSE-100 index gains 258.11 points and settles at 40,670.88

Hits all-time low at Rs285.09 in inter-bank, matching black-market rate

Fear withdrawal will impact their competitiveness, earnings, sustainability

Pakistani currency gained value after the SBP announced an increase in foreign exchange reserves

The rupee has fallen by Rs28.68 over the last two days

PBS says gap between imports-exports was recorded at $21.3b, down by $10.6b

Pakistan becomes 17th most expensive country in world

Chinese companies in Pakistan have been following international standards on safety and environmental protection

Tractor prices surge in range of 35-45% year-on-year

Govt will promote manufacturing of low energy-consuming appliances

ABAD leadership says if govt doesn’t help, builders will move investments to other countries

Plans to make Rs484b investment in T&D network in next seven years

Depreciated to Rs285/$ in Pakistan’s black market, Rs295/$ in Afghanistan