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Govt to scrap tax on power subsidy
Move will resolve dispute between distribution firms and FBR
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Rupee strengthens against dollar
The rupee strengthened against the US dollar at Rs201.52
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Miftah invites UAE investment
He shared that Pakistan is aiming at taking the existing bilateral relations to next level especially in economic area
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Stocks end little changed ahead of budget
Benchmark KSE-100 index sheds 15.25 points to settle at 41,553.16
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Rupee gains against USD in interbank market
Currency stabilises after hitting record low a day earlier
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IMF against blanket food, fuel subsidies
Global lender says subsidies encourage more energy consumption and feed price hike
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With Rs9.5tr outlay, govt to rely on loans
58% of the budget to be spent only on debt servicing and defence
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Cement sales decrease 16%
Industry attributes decline to rupee fall, high energy costs
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World Bank slashes growth forecast to 2.9%
World Bank President David Malpass said global growth could fall to 2.1% in 2022
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Women’s participation in financial sector vital
At present, women’s participation in Pakistan’s economy stands at 21%
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Expressway to link Gwadar with highways
Will boost socio-economic development in Gwadar Port region
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CNG sector floats $2.1 billion import bill saving plan
Insists if govt allows LNG import, it will provide significantly cheaper fuel
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Rupee dips to new record low
SBP deputy governor expects currency to stabilise after IMF agreement
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Lack of RLNG threatens $20b export target
Textile industry presses govt to immediately restore gas supply to captive power plants
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Use of plastic money may become expensive
Govt planning to levy 1% tax on overseas payments via credit, debit cards
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NEPRA moves to break monopoly
Grants operator licence to CPPA-G that will promote competition in power market
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K-Electric seeks Rs4.86 tariff increase
Regulator will hold public hearing on fuel cost adjustment next week
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Promotion of Pak-US trade ties, investment foremost priority: Masood
Forum expresses interest in furthering investment in traditional, non-traditional sectors
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Govt asked to consult traders on market hours
Punjab CM aide assures businessmen of resolving issues
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160 new schemes added to PSDP despite dearth of resources
Apparently, govt prefers electoral priorities over fiscal prudence
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Oil prices dip but stay close to $120
Saudi Arabia raised price for Arab Light crude supply to Asia buyers
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Hybrid seeds to tackle shortage
Such wheat seeds can be grown on less fertile land, in arid areas
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Footwear industry eyes $1b export target
Seeks tax concessions, assistance in capacity development
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Poultry sector demands sales tax-free status
Insists there should be no duties, tax on primary food
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Govt may raise tax on banks
Also mulling increasing additional tax on profits from lending to govt
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Rupee dives as rumours spark fears
Talk of freezing foreign currency accounts creates uncertainty in market
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50MW IPP plant proposed for Gwadar Port
Upcoming meeting to discuss, green-light proposals for fixing electricity issues
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Exporters seek restoration of RLNG supplies
Fear crisis in export-focused industries, worsening of trade deficit
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Oil prices dip but stay close to $120
Saudi Arabia raised price for Arab Light crude supply to Asia buyers
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IMF deal: not beginning of end
IMF’s preconditions require continuous belt-tightening, starting with budget
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Bourse closes in green on cherry-picking
Benchmark KSE-100 index adds 262.33 points to settle at 41,577.21
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Palm oil imports to rise as Indonesia lifts ban
Jakarta paying special attention to edible oil needs of Pakistan
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Sri Lanka’s growth trajectory: some policy lessons
Sound economic policies result from conscious process of dialogue, analysis
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Climate change killing agriculture
Changing weather has hit wheat and mango production this year
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Fuelling growing economic dilemma
Delay in acceptance of IMF conditions increases economic uncertainty
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Refineries seek increase in bank credit
Insist govt can save $200m per month by raising credit limit for crude oil imports
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Inflation to stay in double digits
APCC sets 11.5% inflation target, expects economic growth to slow down to 5%
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Elon Musk wants to cut 10% of Tesla jobs
Almost 100,000 people were employed at Tesla and its subsidiaries at end of 2021
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Industry losing incentive to operate
Denounces govt for taking easiest path through fuel and electricity price hikes
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US market rebound faces key inflation test
Strong inflation may bolster case for more aggressive monetary tightening
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Bears take centre stage, erase 1,547 points
Increase in T-bill yields, surge in oil and electricity prices dent investor interest
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Air Canada sees rebound in demand
Canada’s largest carrier is seeking to augment its presence in the region to meet high demand
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Japan mulls resuming tourism discount
The programme was shelved five months later as the pandemic surged
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Pakistan has little share in Malaysia imports
Lahore Chamber sees huge potential for export of rice, fresh fruits
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Minister lays stress on energy conservation
Chairing a session on energy conservation measures to resolve the current energy crisis
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Businessmen demand removal of trade hurdles
Say it is imperative to boost regional trade, enhance exports
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Green CPEC to play key role in tackling climate change
Senator says Pakistan’s dependence on imported gas making situation worse
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ICCI advocates climate-resilient policies
Points out climate change risks will create food and energy security issues
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Boeing chief says no plan for equity raise
Signals it will take two years before launching new aircraft programme
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Oil rises despite OPEC+ output hike plan
Support also comes from rising demand as China eases Covid restrictions














































