Business
More News
-
Traders demand single digit tax rate
Suggest setting up warehouses at borders to uplift trade with neighbouring countries
-
Bulls dominate on resumption of IMF deal
Contraction in current account deficit, stability in rupee also drive sentiments
-
Construction projects behind target
Over 1,000 projects worth Rs355b have been registered under tax amnesty scheme
-
Cooperation between Sialkot, China stressed
Speakers recommend establishing JVs, developing e-commerce
-
Bank deposits grow 17% to Rs17.25tr in Feb
Lending to private sector improves amid partial revival in economic activities
-
Govt urged to formulate business-friendly budget
PRGMEA calls for steps to promote industrialisation in its proposals for FY22
-
Pakistan takes another $1.3b loan from World Bank
Country’s almost dry financing lines start opening after approval of $500m tranche by IMF
-
Govt sanctions Rs1b for ad budget
Approval of funds to highlight performance comes amid forecast of surge in inflation
-
AGP to start forensic audit of OMCs
Top 10 oil firms will face audit in backdrop of last year’s petrol shortage
-
Rupee recovers to over one-year high at 154.58
Uptrend comes on back of high foreign inflows compared to demand
-
Industrialists reject power tariff hike, cut in gas supply
Say high energy cost, petroleum prices will have implications for industries
-
Pakistan working to cut port charges
Aims to increase its footprints in facilitating regional and international trade
-
China keen to invest in food processing
PCJCCI president says Beijing also interested in forming joint ventures in clothing, dyeing
-
Experts call for tackling energy, environmental crisis
Webinar speaker fears challenges can stall economic development
-
SBP prepares Digital Bank Regulatory Framework
Shares draft with industry for stakeholder feedback
-
Phase-wise sale of firms proposed
PM aide suggests privatisation of five power companies of Punjab in first phase
-
K-Electric deal may face trouble
SAPM on energy raises objections to arbitration terms of reference
-
Auto production plunges to lowest since 2010
With a drop to less than 78 million units sold, the auto sector faced its worst crisis ever
-
Govt revises subsidy for housing finance
Revised scheme likely to ease access to housing finance for large number of people
-
Govt to retain control of SOEs
New bill contrary to objectives of efficient and financially viable public sector firms
-
SBP autonomy to control inflation
Brief document says it will improve people’s livelihood, pave way for sustainable growth
-
SBP reserves rise $275m to $13.3b
Central bank cites no reason for increase
-
Investors voice concern over changes to tax laws
Say abrupt, frequent amendments damage investor confidence
-
WAPDA chairman reviews progress on dams
Says work on Dasu and Diamer-Bhasha dams is progressing despite pandemic
-
Rupee strengthens against dollar
The rupee strengthened against the US dollar at Rs155.01 in the inter-bank market
-
Pakistan pitches $2b Eurobonds to investors
Finance ministry begins virtual road-shows a day after revival of IMF programme
-
Oil prices rise on fears Suez blockage may last weeks
Prices, however, head for third consecutive weekly loss with demand outlook dented by fresh lockdowns
-
Market watch: Stocks snap four-day winning streak
Benchmark KSE-100 index drops 204.54 points to settle at 45,521.63
-
‘Rashakai SEZ has potential to become Pakistan’s economic hub’
Chinese firm officials call on BOI chief, discuss marketing plans for Rashakai Special Economic Zone
-
IMF programme back on track
Creditor’s board okays four pending reviews of Pakistan’s economy and release of next loan tranche of around $500m
-
Law Division opposes tax relief for vehicles
Food ministry looks to import 10 land cruisers for locust control
-
Tesla begins accepting bitcoin
Near 1310 GMT, bitcoin was up 4.3% at $56,802
-
Digital transformation to bring economic prosperity
IT minister says all stakeholders will be taken on board for Digital Pakistan Policy 2021
-
Tyre industry expects growth in sales
Voices hope entry of new automakers will lead to higher demand for tyres
-
Power firms’ sell-off to take time
PC board allows hiring of financial advisers for conducting legal, regulatory reviews
-
Islamic banks post robust growth
Assets, deposits of Islamic banking industry grew 30%, 28% respectively in 2020
-
Alvi for enhancing trade ties with Brunei
President urges Brunei Darussalam to take benefit of Pakistan’s expertise in agriculture
-
CDWP approves nine projects worth Rs15 billion
Development projects are related to health, food and agriculture sectors
-
Rupee strengthens against dollar
The rupee strengthened against the US dollar at Rs155.39 in the inter-bank market
-
Turkish investors urged to invest in K-P
Mineral, tourism and agri sectors offer immense potential for investment
-
Intel to spend $20b on new plants
It will invest $20 billion in building two new plants in Arizona
-
Foreign exchange: SBP reserves rise $275m to $13.3b
Central bank cites no reason for increase
-
Oil falls as demand concerns outweigh Suez Canal disruptions
Market was worried about prospect of extended lockdowns in Europe, disruptions to vaccine distribution
-
Market watch: IMF loan approval helps KSE-100 ascend
Benchmark index rises 181.97 points to settle at 45,726.17
-
Traders lament low mango exports to US
Say mango exporters failed to take advantage of US GSP facility for 10 years
-
Private sector may be included in Senate panels
Upper house chairman assures businessmen of full support in resolving key issues
-
Wealth managers still in crypto ‘education mode’
Demand for emerging asset class has grown among larger investors
-
Investors seek ‘back to the future’ trades to beat inflation
Expectations of coming US economic boom worry bond fund managers
-
Foreign inflows in securities surge
Investors pour money in T-bills and PIBs amid rising rate of profit, rupee stability
-
Auto parts vendors seek govt help for expansion
Stakeholders demand clear policy to pave way for investment in sector