Business

Beijing's growing appetite for high-quality fruits, juices provides lucrative opportunity

NEPRA proceedings discuss transition from LIBOR to Secured Overnight Financing Rate

Finance Minister Muhammad Aurangzeb urges Pak China Investment Company to expand joint ventures and boost exports.

Highlight steep increases in costs that have severely impacted country's blue economy

Saudi's Manara Minerals Investment Company to invest $1 billion in the project by acquiring a minority stake

Potential buyer cannot resell airline for 3 years, will induct 20 planes.

IMF condition aimed at curbing provinces' extra spending, limiting subsidies

Cite descending inflation, Moody's ratings upgrade.

Discusses pushing trade to $5b with focus on heavy industries.

CG sees immense potential for collaboration, further development of ties.

Fuel imports continue despite rising stocks at refineries.

Pakistani currency hit a five-month low at Rs278.77 against the US dollar in the inter-bank market on Wednesday.

Finance Minister highlights Pakistan's economic growth, citing improved exports, inflation, and credit ratings.

Fears tussle between bureaucracy, ministry may prolong energy crisis

A major portion of circular debt was related to gas sector, energy ministry informs National Assembly

Federal, provincial governments have unpaid electricity bills across all power utilities

Musk’s 'Colossus' is now the world's largest AI supercomputer, with plans for further expansion this year.

“Magnificent 7” tech companies including Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla lose $550b

Recent updates indicate a drop in the country's trade deficit and a slight rise in export earnings for August.

Double-digit export growth helps contain trade deficit to $3.6 billion

Shewa-2 well to boost domestic gas production by over 3% daily

Meeting with FLSmidth CEO highlights firm's expanding interest in mining, cement

KSE-100 index gains 73.02 points, settles at 78,356.32

Call for govt action as risks to foreign investment, economic stability grow

Directs industries ministry to prepare fresh case after reviewing all parameters

Punjab govt will finance Rs53b worth of Nawaz Sharif cancer hospital to be set up in Lahore

Experts push for DISCOs' privatisation, citing KE's model as a blueprint for better governance.

OGRA makes request keeping in view high diesel stocks

Efforts of finance minister, SBP, and other institutions in controlling inflation are commendable, says Shehbaz Sharif

Eases to 9.6% but increases in essential items, heavy taxation builds pressure

Memorandum states that the scheme will apply to all employees hired on a permanent basis from 1st July 2024 onwards

KSE-100 index decreases 204.92 points, settles at 78,283.30

Denmark eyes investment in Pakistan's mining sector, focusing on Balochistan's untapped resources and green initiative

Favourable trade policies, disrupted Indian supply present golden opportunity

China leads as top destination, while imports rise by over 51%

Bank aims to widen product portfolio by unveiling credit cards next year

Cabinet committee declares TCP, PNSC and SMEDA as essential entities

Currency dips to Rs278.64/$ as central bank continues dollar purchases

Directs Petroleum Division to prepare revised framework

Textile industry urges 400bps rate cut as FPCCI warns of revenue decline

CPI marked a 34-month low in August with 9.6% inflation, down from 11.1% in July and 27.4% a year ago

British economist's plan echoes suggestions already given by think tanks

Jeff Bezos has acquired an $80 million Gulfstream G700, featuring top speeds of Mach 0.935

Pakistan needs to rethink the role of interest rates in its economic strategy

Advancements in robotic technology enthrall audience at Beijing conference

Capital inflows are temporary as foreign investors invest, withdraw funds swiftly to realize profits

In FY2023-24, ITT services contributed over $3.2b to export earnings

Demand for devices projected to grow to 33 million units in 2024 despite 18% GST

PM backs massive tariff reductions to open economy amid IMF concerns

CM Maryam Nawaz praised for delivering relief in challenging economic times, achieving what many deemed impossible.