Business

With the revival of IMF programme, uncertainty regarding external financing will also fade away, says governor

ELAW report reveals all samples collected are unfit for human consumption

Says Pakistan in ‘polycrisis’ as external debt doubles in five years

PRA also collected Punjab Workers Welfare Fund (PWWF) worth Rs555 million

Alibaba stock tumbles as a result

ECC also increases national carrier’s sovereign guarantees limit to Rs263.2b

SBP attributes decrease to external debt repayments

New rule will increase credit cost, impact earnings of banks

Naveed Qamar asks for slashing tariffs on imports from Pakistan

19-kilowatt mini-grids powered by solar energy installed in Ishaq Jokoi

More than 100 illicit brands being sold in markets with impunity

Plans to swap supplies of oil products with Iran were made last autumn

OICCI reports its many members mulling winding up, shrinking operations

It comes for second consecutive year due to shortage of trains

Deficit may widen to as high as 6.8% by June this year

IMF trims its 2023 global growth outlook, cites impact of higher interest rates

Low activity in currency market supports rupee’s appreciation

Pak Suzuki plant to also remain shut for additional 24 days

Smaller LNG importers such as Pakistan recorded higher arrivals in March

Insist circular for prompt remittance of proceeds should be withdrawn

Used cars up to 1800cc to get major relief with 100% regulatory duties being dropped

Lower-income country debt payments will hit 25-year peak in 2023

Proposes four solutions to tackle economic crisis

Crosses $4.36 million in first two months of 2023 from $3.21 million in 2022

Portfolio manager for emerging markets says debt crunch looms for weaker economies

SBPV demands staff be protected in open letter

Power producers told to lift fuel oil stocks from refineries for next 4 months

Currency’s free fall lifts gold price to all-time high

Struggles with 66% YoY slump due to scarcity of raw material, LC issues

Its global PC shipments fell 29% in Q1 2023

Move comes despite pledge to cut output by 500k barrels per day from May

Transmission line will have initial capacity of 100,000 tonnes per year

Analysts pointed out that the currency market still harboured doubts about the resumption of IMF programme

Invests $400 million to become a majority shareholder alongside Uber

Annual growth rate of 9.77% is expected from 2023-2027

Overseas Pakistanis send funds for Ramazan, rupee depreciates

Govt makes decision owing to very low foreign currency reserves

Rate hike worries balanced prospect of tighter supplies

Ministry denies reports Hamed Sheikh goes on leave

Govt’s borrowing from banks has increased significantly in recent years

It sparks industry-wide panic that can lead to financial crisis, deepen recession

Khushhali Bank looks forward to continuing to positively impact clients’ lives, their communities

A guide for beginners to initiate investments through Systematic Investment Plans

Merely making big statements, staging photo-ops will not suffice anymore

Investors have pulled out of saving schemes to deposit funds in banks

Said it lodged lawsuits against Apple, app developers

In a letter, FPCCI presses central bank to call emergency meeting to find solution

Says allegations of exporters hoarding money abroad are entirely false

Country’s annual import of edible oil stands at a staggering $4 billion

KSE-100 index edges up by 49 points, or 0.12%, at 40,050