Business

APCMA blames political noise, economic uncertainty for situation

Turmoil in global banking sector, war in Ukraine pose challenges

Importers panic buy US dollars while supply of foreign currency in the interbank market is low

Closure due to shortage of inventory

FBR seeks explanation for not reporting assets held in Houston

PTVC recently opened a bid to create OTT platform that will exclusively stream its original content

Announced further cuts of 1.16 million bpd from May

Loses 0.44% at Rs285.04 vs dollar in inter-bank dealings

SBP’s monetary policy committee meeting today to decide on rate revision

Steeper reduction in imports was offset by dip in exports

NEPRA reserves decision on tariff increase under quarterly adjustments

The first tranche of additional power subsidies worth Rs335b agreed with IMF

Business leaders urge both govt and opposition to mend bridges for sake of economy

Progressive taxation a humungous problem for political leaders just ahead of polls

It is essential govt encourages investment by facilitating ICT entrepreneurs

It’s real reason of potential default as govt needs dollars for oil imports

Perhaps average age of policymakers needs to come down from 70s to 40s

Pakistan is a country where ratio of taxes to size of economy remains quite low

Dar asks for applications to be collected by April 4

Finance Ministry report reveals external public debt rose significantly in the past six months

Rs5 PDL hike aims at fulfilling another foreign lender’s condition

Aims to reduce US dependence on China for EV battery supply chains starting April 18

Investigation ongoing into possible violation of ‘related party’ transaction rules in the Adani Group’s dealings

Plans to stick to its mandate as an apolitical multilateral lender

Oil marketing firms claim losses of billions owing to rupee’s slump

Raised $23.1m in 1Q23, marking a big 55% surge from the previous quarter

KSE-100 index inches up by 58 points, or 0.15%, and settles at 40,001

NPLs have increased by almost 3% to Rs938.67 billion in the quarter ended December 31, 2022

Country at the doors of hyperinflation

On course for weakest performance since Nov 2022

Says supply chain disruptions have forced company to extend shutdown until April 15

Pakistani rupee inched down 0.05%, or Rs0.13, and closed at Rs283.79 against the US dollar

Announcement comes as nation struggles with external liquidity

FBR will collect tax from DISCOs on actual amount received from consumers

Tenure of directors has already been extended a couple of times

May compel IMF to demand a cut in expenses or the imposition of new taxes

SBP tightens rules to discourage traders from creating artificial shortage of dollars

Regulator releases inquiry report on power breakdown after two-month delay

Ex-Punjab governor urged businesses to play role in enhancing exports to EU

Renews commitment to acquiring Karachi-based private power utility

Says every exporter is being served 10 notices

Claim the delays are causing a liquidity crunch, hampering exports

SBP cites external debt repayment as reason for decrease

Creeps up to Rs283.66 vs dollar in inter-bank trade

Approves advisory agreement with IFC against heavy drawbacks for Pakistan

Requested adjustment of Rs6.7b due to failure to evacuate power from Thar coal-based plants

Decision to impose taxes on banks involved in currency manipulation still pending

Believe financing will help country get rid of IMF programme

To reduce emissions, Beijing has lent 300b yuan via relending tool

Oil edges slightly higher as a smaller-than-expected output cut in Russia offsets worries of tight supply