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Analysts sceptical PSX will sustain uptrend
Market has recovered in the last two sessions after losing over 8,000 points in about one month
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Pakistan’s rice exports suffer as govt looks the other way
Engro Corp CEO says challenge is to establish brand, support needed
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SBP issues Rs342b worth of fresh currency notes
Special teams deputed to monitor the working of ATMs during Eid holidays
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NEPRA to take action against K-Electric for prolonged outages
Power utility says generation resources barely adequate to meet demand
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AEDB issues letters of support and intent for solar projects
17 projects of 484MW at different stages, will be completed by 2018-19
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First Pakistan-owned wind power project starts operation
49.5MW facility was wholly financed by Industrial and Commercial Bank of China
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France provides €100m credit facility
It will help ease energy crisis, improve power production
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Currency: Rupee weakens against dollar
The currency market has fluctuated regularly in recent months
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Mango festival planned in Multan
The varsity has been holding the mango festival for the past couple of years
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FBR imposes duty on 508 products
A 20% duty has been imposed on all electronic products including air conditioners and fans
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US delegation shows interest in energy sector
Former ambassador appreciates Punjab’s progress on various projects
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SBP’s reserves rise 0.81%, amount to $15.4b
Net reserves held by banks amounted to $4,940.2 million
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Boeing wins hot Paris order race
Gets 571 new orders and commitments against 326 for Airbus
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K-P opposes changes to NEPRA law
Energy minister says changes will dilute regulator’s powers
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Eni to start supplying LNG to Pakistan in December
Italian energy giant wins 15-year contract after offering a price discount
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Australian IT companies looking for partners
Trade official says the two sides should develop sustainable partnership
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Current account deficit stands $4b higher than reported
Deficit squeezed due to exclusion of CPEC-related imports from the database
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Market watch: KSE-100 bounces back before long holidays
Benchmark index surges 857.85 points, to close at 46,332.31
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Current account deficit widens 178%, stands at $8.93b
Gap widening due to heavy debt servicing, recovering oil prices and weak exports
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Govt to frame policy to restrict spread of sugar mills in cotton zone
70% of sugar mills are in cotton growing zone, which has shrunk 26%
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China welcomes entry into MSCI club
Inclusion on the Emerging Markets Index could lead to up to $12 billion of inflows
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Change at the helm: Ansari appointed CEO of Bank Alfalah
Bajwa resigns after being at the helm for five years
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NRL adopts technology to produce best quality diesel
No country around the world produces and consumes this type of diesel
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Dried fruit unit to be installed in Swat
The unit will have an installed capacity of 175 tons of fruit and vegetables per year
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Currency: Rupee weakens against dollar
The currency market has fluctuated regularly in recent months
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Textile representatives stage protest
Demand release of refunds, supply of energy at competitive prices
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Real estate markets slow down in budget month
Indicating maturity, the markets show no sharp movements before and after budget
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KSE-100 recovers amid institutional investors’ interest
Benchmark 100-share index finishes with 560.01-point gain after 5-day losing streak
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China dominates as FDI increases 154% in May
Amounts to $295m during the month, Western countries continue to pull out
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Three companies get approval to set up car assembly plants in Pakistan
Will result in investment of $372m; Lucky Cement, United Motors and Nishat Group among those given permission by govt
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Bureaucratic wrangling stalls WB-funded $73m water project
$73m scheme aimed to better manage water resources in Indus River basin
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FBR chief vows to clear up to Rs1m refund claims by July 15
Assures businessmen FBR will not pay surprise visits to their premises
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‘Furniture exports can earn billions’
Stressed the need for establishing greater liaison with the sector to fully understand market conditions
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Admore denies contempt notice
The matter is pending adjudication
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Currency: Rupee weakens against dollar
The currency market has fluctuated regularly in recent months
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PAF hits out at FBR for freezing bank accounts
Accounts of exporters who have filed appeals have also been frozen
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SBP issues framework for outsourcing arrangements
It is aimed at enabling financial institutions to manage risks
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LCCI takes govt to task over rising trade deficit
Urges export-oriented mindset, early release of refunds
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Nisar promises efforts to promote economic activities
RCCI delegation discusses ongoing projects, CPEC, issues faced by business community
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Ministry sets up shale gas and oil centre
Consortium of OGDC and PPL is being formed to undertake pilot project(s) to determine the cost
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Telenor launches ‘Stop Cyberbullying’ campaign
Telenor Pakistan and other markets is launching a global ‘Be a Cyberhero’ digital and social media campaign
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NEPRA, power ministry fail to agree on amendments to regulations
Ministry says new powers have been added for the regulator in the proposals
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Oil production slips due to temporary shutdown of Nashpa field
Falls 1% to average 81,570 bpd in May 2017 compared to same month last year
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Textile industry to protest in front of parliament after Eid
Observes black day against govt policies, halts work for two hours
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Power tariff comes down by Rs1.9 per unit
Consumers expected to receive a refund of Rs20 billion
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Market watch: KSE-100 slumps over 1,600 points on jitters over domestic politics
Benchmark index has so far dropped around 8,000 points since hitting peak in May
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Britain charges Barclays, ex-bosses over "unlawful" Qatari deal
These men are the most senior bankers in Britain to be accused of alleged crimes during financial crisis
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NTDC connects Balloki plant to national grid
Nine towers of Guddu-DG Khan transmission line collapse
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Bilateral Ties: Pakistan, Lebanon to boost trade links
The delegation signed four MoUs with different associations and chambers of commerce in Lebanon
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Texworld: Pakistan to take part in trade fair
Pakistan will have direct exhibitors and a national pavilion organised by TDAP

















































