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Following remittances, Pakistan's exports also fall
First quarter saw 9% decline in country’s exports, 29% rise in trade deficit
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Indian police, FBI seek call centre fraud kingpin
More than 770 employees were rounded up from three fictional call-centres in last week's raids
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PM’s directive: Power plants face legal action for failing to keep promise
They had committed to switching to coal-based electricity production
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Car sales slide down 13% to 47,645 units
Year-on-year decrease mainly due to conclusion of taxi scheme
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US-Pak trade surpassed $5b mark in 2015: Shelton
Consul general assures partnership in trade and investment
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Market watch: Profit-taking wipes off all gains as index ends almost flat
Benchmark KSE 100-share Index rises 8.07 points
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PASSCO fails to recover Rs60.5m from Afghanistan
Further Rs30m lost due to loss of interest income, Rs15m overspent on salaries
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Remittances fall 9.3% in September
For the first quarter of current fiscal year, inflows dropped 5.3%
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OGDC touches new crude production record
Churns out 48,767 barrels per day, eclipsing the earlier peak achieved in 2008
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Foreign exchange reserves not at ‘comfortable levels’
IMF mission chief says Pakistani rupee needs depreciation to remain competitive
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Asia gets a new billionaire every 3 days
Billionaires on average became poorer last year as their collective fortunes shrank
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China exports dive in September on weak global demand
Officials said exports sank 10.0 percent year-on-year in September to $184.5 billion
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Turkish currency hits record low after slew of bad data
Lira hit 3.0974 to the US dollar at one point, losing more than 0.3 per cent of its value, edged back to 3.0868 later
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Samsung slashes profit estimate after Note 7 disaster
Halted production of Note 7 will damage Samsung's brand image and eventually hurt future sales of its smartphones
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Streamlining: EOBI pensioners facilitated via ATMs
Pensioners hailing from other cities can register in any branch of Bank Alfalah till Nov 30
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E-governance: Steps taken to improve public sector
It has been planned that IT experts would be provided to each ministry to implement e-governance initiatives
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‘Workplace’: Facebook launches intra-office network
The service will only enable the transfer of intra-office data, which will remain fully owned by the business
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Q3 performance: Economy improving, says China Premier
Key indicators such as factory output, company profits and investment have rebounded
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All time high: US oil prices close at $51.35 a barrel, highest for 2016
Oil prices were further propelled by remarks from Saudi Energy Minister predicting oil prices could rise further
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Smartphone crisis: Samsung halts sale, exchange of Note 7
Company’s share price plunged 4.8% Tuesday morning
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Surplus: Oil glut to last until mid-2017, says IEA
Energy agency says relief will come if OPEC producers cut output
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Pak-Iran ink MoU for new payment mechanism
Both will establish formal channels in their respective currencies
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Going public: Saudi Aramco ‘optimistic’ 2018 right time for IPO, says CEO
Says 5% share capital expected to be sold, likely to be biggest share offering in history
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Tech battle: Apple, Samsung take battle to US Supreme Court
Case against South Korean smartphone giant for allegedly violating design patents
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Pakistan’s ecommerce industry to surpass ‘several hundred million dollars’ by 2020
Growth of mobile broadband, new online portals attributed as reasons
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After real estate: Some predicted gold would be a safer bet – they were wrong
Since the last week of September, international gold prices have significantly receded
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For due diligence: Gas utilities directed to appoint financial adviser
Government aiming to separate transmission, distribution businesses to bring efficiency and reduce losses
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Punjab seeks Rs20b tax exemption for Orange Line train project
Says federal govt ought to provide same concessions as those to CPEC projects
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LCCI opposes proposed hike in gas tariff
Increase will hurt manufacturing sector, reduce exports
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Ministry optimistic about smooth CNG supply in winter
Situation improving after import of LNG, 84 new oil and gas discoveries
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Cabinet grants PM power to approve projects worth over Rs30m
Also gave approval for laying new gas pipelines, electrification schemes for villages
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IPR says no effort made to address core structural issues
Adds no major policy initiative taken so far to empower economic players
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Market watch: Index hits fresh record as textile, gas stocks attract attention
Benchmark KSE 100-share Index rises 203.49 points
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Pakistan moves ahead: Contracts awarded, RON 92 petrol to be made available from Nov
Oman-based firm awarded first contract, first consignment will see arrival of 55,000 tons
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Sale of petroleum products surges in September
Increases 14% on yearly basis to 2.15 million tons, says local brokerage house
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Creating hurdles: Implementation on TRC report put on backburner
Application of four most critical proposals has been deferred indefinitely
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OGRA approves 36 per cent hike in gas prices
Rates linked with changes in global oil prices which slumped by over 50% in recent past.
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Radio Frequency Identification chips for real-time tracking
System would help food suppliers reduce wastage, improve efficiency and save more capital
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Overall welfare: Global economic health hinges on investment
Recent uptick in protectionist measures has hurt trade
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One in five employees face ‘death from overwork’ in Japan: report
Hundreds of deaths have sparked lawsuits and calls to tackle problem
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FTAs and FDI need to be closely monitored
China-Pakistan Economic Corridor is just one piece of the puzzle
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Govt’s savings offset by unchecked borrowings
Pakistan’s debt is constantly increasing due to FBR’s inability to collect taxes that match higher spending
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Affording a house just got more difficult
HBFC’s decision to focus on low-cost housing leaves many wondering why
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Pakistan not a casino economy, but an animal farm
However, some animals are more equal than others
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Economy now more stable than in 2013: PM
'Not only Pakistan but the whole region would extract benefits from CPEC projects'
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Currency: Rupee weakens against dollar
Rs103 in the wake of political impasse over alleged election rigging
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Week-on-week: SPI edges up 0.35%
The SPI for the lowest income group also edged up 0.33% compared to the previous week
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Corporate Corner: Book-launch held at PAF-KIET
The book is not priced and will not be available in the market
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Fuel Leaks: VW, Audi recall 334,000 vehicles
“No one has been injured as a result of these issues,” Volkswagen Spokeswoman
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Weekly review: Index climbs 1.6% as bullish run continues
Finishes at 41,200 as banks and cements shine
















































