Business

Sales diminishing in urban areas as people look for affordable alternatives

Billions of dollars can be saved if power plants shift from imported to local coal

2030s can demonstrate dramatic shift in Pakistan’s fortunes

Inflation reduction will likely come at expense of large output drop

Investor confidence is at all-time low that cannot be restored with just IMF deal

Govt must steady boat by shoring up FX reserves, stabilising currency market

World's biggest cryptocurrency is up 39.7% from the year's low of $17,592.78

Industry group says shift likely to fuel inflationary pressures

Ready to invite major political parties as economy is top priority

Envoy cites IT, tourism, healthcare, renewable energy as potential areas

Country will rely on imported energy as demand and production gap widens

Shipments grow 35% as US remains largest export destination

Benchmark KSE-100 index gains just 73 points to settle at 40,150

NADRA tracks 72m people for tax collection, but does not find many takers

Experts underline need to tap indigenous coal reserves

Oil industry lobby recommends margins be revised to Rs8.85 per litre

Price rises have lasted longer, but they have likely peaked

Naveed Qamar, EU official discuss GSP Plus scheme

Webinar seeks Pak-China business arrangements to boost exports

“US has keen interest in investing and cooperating in the energy, digital services and agriculture sector.”

The MD stated this in his message to shareholders at the annual general meeting on Friday

Matters relating to common interest and information and communication technology were discussed

Urge govt to address anomalies, rationalise high taxes

Exporters get relief at a time when extra burden being put on middle class

Minister says govt creating business-friendly environment for industries

At present, rate of return is 9.5-11% on Naya Pakistan Certificates

Analysts attribute price rise to rupee devaluation, supply chain crisis

Revenue collection goes up 9% to Rs454 billion in July

Hike comes after June's monthly FCA

US economic contraction fuels recession fears that could hit energy demand

When compared with export remittances of $210 million in June last year, an increase of $25 million was observed

'No country could develop if 52% of its population was excluded from economic, productive activities'

Pak Suzuki Motor Company expects non-production days in August

Corridor for Afghan transit trade will boost ties between two countries

Miftah believes energy import pressure will ease in coming months

Businessmen highlight challenges in meeting with Punjab governor

Decline came due to external debt and other payments

Currency falls to fresh record low at Rs239.94; gold price surges record 7%

Finance ministry says inflation will stay around 21% in short term

It comes in wake of higher farm activity, use of urea as DAP substitute

Crude stockpiles fall 4.5m barrels as exports surge to record high

EU countries approved a weakened emergency plan to curb gas demand

Concession will provide Pakistan’s exporters with better market access

Chinese technology, techniques key to success of dairy industry

Ask government, politicians, SBP to lift sinking economy

Security of Chinese nationals also bottleneck in way of putting CPEC on fast track

Zone exempted from all sorts of taxes and duties for 20 years

Gap widens to second highest level at $17.4b due to surging imports

Shrinking forex reserves, delay in IMF loan mount pressure on currency

Government in recent weeks has attempted to curb imports in the face of fast depleting foreign reserves