Business

Report on institutional reforms reveals all scattered federal entities will be brought under a newly formed division

Spike comes after govt withdrew duties and taxes on raw cotton import in Jan

Official announces releasing more liquidity, lowering funding costs for companies

Gross profit of the company plunged over 75% to Rs392m compared to Rs1.6bn in the second quarter of FY1

Company also announces final cash dividend of Re1 per share

Brings three and four-wheel vehicles for market testing, sales display

High gross margins, other income propel earnings to Rs11.7b

Pakistan, India and Bangladesh imported 36 million tonnes in 2019, up 19%

Asad Umar terms setting up of SEZs govt's top priority

Pakistan's market follows global trend as investors park money in precious metal

Major inflows come from ADB, China amid criticism from World Bank

Governor Reza Baqir apprises president of measures and schemes taken by central bank

Finance leaders from G20 meet in Saudi Arabia at weekend to discuss risks to global economy

Benchmark index decreases 232.43 points to close at 40,249.22

The global terror financing watchdog keeps Islamabad on ‘grey list’ until June 2020 to complete 27-point action...

Investors dump riskier assets for the safety of bonds and gold

Says increase in machinery import, growth in LSM output support economy

FCCI chief says haphazard industrial growth has caused many civic problems

Urges businessmen to take benefit of Morocco’s FTA with US, EU

Aims to maintain current level of merchandise trade between two countries

Korean firm in Pakistan had sought commerce ministry’s permission for paraxylene import

According to finance ministry, revenue and budget deficit targets will be missed

MandiExpress is the leading online fresh produce and grocery delivery service across Pakistan

Central bank cites no reason for increase in reserves

Benchmark index decreases 92.87 points to settle at 40,481.65

China's reduction in lending rate helped ease worries about slowing demand

PM aide says government aims to encourage exports, discourage imports

Digital Pakistan launched to provide youth a platform to become independent drivers of economic growth: PM Imran Khan

Will also ask FBR about status of revenue collection in current fiscal year

Wapda completed and commissioned three long-delayed mega hydropower projects

Company says sales fell mainly due to higher customs duty, levy of excise duty

Pace of drop in deficit slows as govt eases import curbs to step up economic activities

Parliamentary panel told govt working to extend network along three routes of CPEC

Allows procurement of 8.25m tonnes of wheat, imposes ban on onion export

Medics treating ‘toxic’ patients also get affected

Reduction in taxes on imports under consideration

S&P Global Ratings expects coronavirus to deliver short-term blow to economic growth in China

Sentiment lifted by report Beijing is considering cash injections or mergers to bail out airlines hit by the virus

Benchmark index rises 0.99% to settle at 40,574.52

Word traveled across groups on the WeChat messaging platform

Says he wants to avoid policies that make it difficult for other countries to do business with the US

Delegation of technical experts from Beijing due next week

Dr Abdul Hafeez Shaikh says burden on the common man should not be enhanced due to runaway prices

Projects will help improve livelihood of rural communities

PM Office seeks report from FBR by end of current month

Say they expect rise in sales during such events if markets remain open

Growth in investment, however, remains low compared to true potential

ECC likely to give approval for A$40.1m investment in Australian mill

Pakistan’s debt and liabilities increased only 2% to Rs41tr in Jul-Dec 2019

Benchmark index falls 0.25% to settle at 40,175.35