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CAD projected at $9.2b for 2024
External financing needs to stay over $34b highlighting need for another IMF bailout
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Bourse rallies over political clarity
KSE-100 index surges by 364.33 points, settles at 41,463.91
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Inflation envisaged at 20% for next fiscal year
For this fiscal year the government had targeted to restrict the pace of inflation at 11.5%
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‘Risks to public debt remain high’
Ministry warns that more shocks will keep debt above 70% until 2026
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NEPRA asked for Rs1.17 tariff hike
Will conduct public hearing on May 3 of petition filed by CPPA-G
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UAE investor acquires majority stake in Summit Bank
Involved issuance of 3.98 billion new ordinary shares
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‘EV prices to come down as sales climb’
IEA predicts nearly one in five cars sold globally this year to be electric
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Pak Suzuki announces yet another shutdown
Attributes closure to shortage of inventory, drop in sales
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JS Bank changes public offer for BIPL to cash
Earlier, minority shareholders of BIPL were offered shares of JSBL subsidiaries
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Rupee hits one-month high at 283.39 to a dollar
Gains strength gradually on hopes of early revival of IMF programme
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Indus Motor’s profit dives 62% to Rs5.8 billion
Carmaker performs quite better on QoQ basis, earns 142% higher profit
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Food-insecure regions under climate threat
Stress laid on optimising climate-smart farm practices for sustainable productivity
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Pakistan, UK explore ways to enhance trade relations
SAPM stresses on measures to facilitate FDI, resolve issues of Pakistani diaspora in UK
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Global refinery margins lose steam
Russian oil finds new outlets despite sanctions
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Billions of dollars in US-Korea deals unveiled
President Yoon makes business deals, sales diplomacy core element of trips
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Russian oil to be cheaper by $18 per barrel
Moscow offers Islamabad payments for crude in dirham, yuan and ruble
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China assures its continuous support
Discussed avenues to enhance cooperation
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Speculation rife over Pakistan joining BRICS
Country is struggling to revive IMF loan programme worth $6.5 billion
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Finance minister calls for realising true tax potential
FBR chairman gave a presentation on revenue targets and performance of the FBR for the period July 2022 to March 2023
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Tech helping to build new millionaires across Pakistan
Experts say wealth is being generated from some of the poorest parts of the country
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Experts predict range-bound market
Chief of Army Staff’s four-day visit to China being seen as ray of hope
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Who really benefits from rate hikes?
Has it resulted in increased savings and inflation control? Not exactly
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Why do we need Charter of Economic Stability?
If political parties want to win trust of private sector then they will have to agree on rules of economic governance
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ECAP to approach govt again
Urges govt to accept proposal to raise $24b in interest-free financing
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Russian oil slashes OPEC’s share of Indian market
Share shrank to 22-year low as India becomes top client for Russian oil
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Credit Suisse lost $68 billion in assets last quarter
Analysts note outflows not as bad as feared
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Pricey dollar sparks trouble for startups
Digital firms optimise expenses by switching over from dollar to rupee
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Blockade removed at NJ project tunnel
Restoration work continued during Eid days
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Chile plans to nationalise vast lithium industry
Will shift control from industry giants to a state-owned company
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Oil set for weekly loss as uncertainty weighs
It comes despite rise on Friday on strong economic data
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China’s big refineries crowd for Russian oil
Teapot companies seek cheap alternatives
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Investors can discount IMF’s EM gloom
IMF managing director warns 60 countries at risk of debt distress
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Jhang thermal plant connected to power grid
Project achieved COD for the two gas turbines in August last year
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Investors sue Swiss regulator
Move seeks redressal for clients deprived of property rights
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Dollar clings to gains
Investors raised bets that the Fed will increase rates in May
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Banks consider SME financing as highly risky
Funding drops to Rs537b by Feb-end from Rs586b in Dec 2022
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80% workers denied minimum wage
PILER says denial of basic rights is causing people to become violent
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Stocks rally on investor optimism
KSE-100 index advances by 802 points, or 2%, and settles at 41,008
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Govt struggles to secure loans from global lenders
Foreign loans fall by $5b YoY because of impasse with IMF
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Scientists work to reuse organic waste
Joint research by Pakistan, China aimed at producing chemicals for industries
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Chinese stock listings in Europe face hurdle
Sparse liquidity creates arbitrage opportunities for investors
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Pakistan unveils first ever SDGs Investor Map 2023
The plan is a diversified portfolio of climate-resilient investments worth $2.84 billion
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NCC to improve export opportunities
PRGMEA says the facility will support SMEs amid sliding reserves
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Banks instructed to deduct 0.25% export surcharge
Move comes after a staggering 21% drop in export earnings in March 2023
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KE consumers brace for tariff hike of Rs4.49
Company files petition for March fuel charges adjustment
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Oil dips 2% as expected rate hikes take toll
Brent crude futures went down by $1.65 to trade at $81.47 a barrel
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C/A surplus is no reason to celebrate
Businessmen say current account surplus ‘manifests a massive economic contraction like never before’
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Forex reserves rise by $394m to $4.4b
SBP attributes increase to receipt of $300m commercial loan
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IMF struggles to find trustworthy partners
Experts say lender is assessing who holds power in Pakistan
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ICBC re-routes $1 billion loan
Provides funds via bank’s Karachi branch due to Pakistan’s poor credit rating