Business

Only one in six bank accounts run by a woman in Pakistan

Microsoft’s $2.1b, Oracle’s $1.5b investment will solidify Kingdom’s position in ME

Show interest in technology transfer to footwear industry

Startups are real strength of the digital economy, says DCO secretary general

NTDC completes construction work on 29km double-circuit transmission line

Urge the need to address coordination gap in the energy sector

Says balance of trade and remittances likely to be recorded in deficit – not surplus as projected

Premier hits out at division for not briefing cabinet on factors behind power disruption

Ad hoc measures such as withholding taxes will worsen output, employment situation

Wholesale Grocers Association says 2,000 of 7,000 containers released from port

Cement sector, which depends on imported coal, can be a sizable market for Thar coal

40% of India’s three-wheelers are electric, while China dominates global EV sales

Any miscalculations on Pakistan’s part can impact its economic and geopolitical standing

Business process outsourcing offers unique opportunity to bring dollars

Taskforce submits interim report to global lender on institutional framework of anti-graft environment

Technical talks with IMF extended into next week

Says subsidiaries of the industries department would be revamped to attract domestic and foreign investment in K-P

This is the second increase in price over the past two weeks

ECC expresses reservations over poor performance, considers bringing in representation from private sector

High planting likely in Pakistan as floodwater causes less hindrance

The price caps will be implemented on Feb 5

Govt to raise Rs6.72tr by selling debt securities to commercial banks

Earlier, revenue board issued rules to divert taxes for paying allowances to taxmen

Benchmark KSE-100 index inches up by 21 points to settle at 40,471

BEOE data shows that some 832,339 Pakistanis left the country in 2022

Govt first proposed cash settlement then book adjustments for circular debt

It will now be used for allowances, other personal benefits of taxmen

Plant closures, non-production days are inevitable, says IMC CEO

Sales reached 4.005 million tonnes in January

Furnace oil consumption will be phased out by 2031

Lack of dollar inflows, rupee free fall restrict crude imports

Illegal vehicles in market are valued at Rs32.5 billion

RDA inflows also slumped to a 26-month low at $110 million in January 2023

Bumper potato crop offsets falling exports of onion

IMF demands Pakistan to raise GST to 18%

Local currency has dropped 16.5% since the artificial cap was removed last week

Overseas shipments drop by 12.4% to $1.36 billion in January

Expenditures increased from Rs1 billion in 2018 to over Rs3.5 billion in 2022

Seek OGRA’s prompt action to avert looming financial crisis

Central bank attributes decrease to external debt repayments

Demands details of companies involved, pushes for urgent action

FBR says the currency is being hoarded by people in hopes of getting better returns

Inflows may remain $13.8b less than target; trade deficit narrows to $19.6b

Price of gold increases by Rs2,200 per tola (11.66 gram) to Rs207,200

Money to be raised as interest-free debt for a five-year term

SWIT volunteers to raise $2m interest-free loan to help sail country out of financial crisis

Annual impact of ending unequal funds distribution closes in at Rs1.3b

Ministry of planning will give citizens open access to Rs750b PSDP information

PTA says the site failed to remove objectionable content

Blames politically motivated policies for persistent socioeconomic problems