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Rupee strengthens against dollar
According to forex.pk
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OGDC recommends names for post of MD
Picks candidates from old list prepared by previous board of directors
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Govt extends export package by 3 years
Secretary says new export sectors have been included in package
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Engro Fertilisers’ profit slips 2.5% to Rs3.18b
Decrease mainly due to higher finance cost, other operating expenses
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Shipping firm, two ports removed from privatisation list
Govt also puts plan of selling power firm on back burner
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Senate panel endorses suspension of trade with India
Business community seeks clarity on letters of credit already opened
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FBR recovers just $6m from OECD treasure trove
Briefs NA panel on recovery and actions taken in offshore account cases
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FBR waives CNIC condition for traders by two months
Govt was planning to enforce the order on the purchase of over Rs50,000
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NA panel seeks action against wheat, sugar barons
CCP suspects profiteers’ role in 10% increase in wheat flour and 26% in sugar
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US formalises ban on govt contracts to China's Huawei, others
Rule precludes any US federal agency from purchasing technology equipment from China
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Oil rises due to firm yuan, expectations of more OPEC cuts
Brent and WTI crude contracts fell to their lowest since January on Wednesday
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Foreign exchange: SBP reserves fall 0.49% to $7.73b
Decrease comes on back of external debt servicing, other official payments
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Trump says China is 'killing us' with unfair trade deals
US set to impose 10% tariffs on remaining $300 billion Chinese imports
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Market watch: Stocks bleed as index plunges to five-year low
Benchmark index loses 539.47 points to settle at 29,737.98
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Launch of agri-programme by Sept
The government is all set to launch the Agriculture Emergency Programme worth Rs309 billion by September 2019
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SPI moves up 0.81%
The index for the group stood at 245.5 points against 244.42 points in the previous week
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Kia Lucky Motors unveils 2,000cc SUV
CEO, however, asks govt to reduce number of taxes on auto sector
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Gold touches historic high, rupee recovers
Precious metal rises Rs1,750 per tola, takes cue from world market
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Debt commission probes power plants’ privatisation
Move comes just days ahead of visit of foreign investors interested in the plants
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US asks Pakistan to extend FATF scope to economy
In case of blacklisting, Pakistan's banking sector would be seriously constrained
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PM approached to stop NAB action against businessmen
Adviser says exports rise 14% in July whereas imports fall 18%
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ADB approves $500m loan for budgetary support
Restores policy-based lending after keeping it blocked for over two years
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China further weakens yuan as currency row simmers
Central bank fixes yuan's central parity rate at 6.9996 per US dollar
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Oil slumps to new seven-month low on trade tensions
Prices have lost more than 20% since hitting 2019 peak in April
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Market watch: KSE-100 plunges over 700 points as funds offload stocks
Benchmark index loses 2.33% to settle at 30,277.45
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US designates China ‘currency manipulator’ as trade war rages
Move follows historic lowering of yuan below seven to the dollar
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Corporate result: FrieslandCampina Engro records Rs238.8m loss
Loss comes on back of notable surge
in cost of sales
and finance -
PIA shifts hub of int’l flights to Islamabad
Spokesperson says this change has been made due to demographic reasons
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Rashid ready to hand over Islamabad dry port to ICCI
Says chamber should submit comprehensive proposal for consideration
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Japan to help enhance car production in Pakistan
Will also assist in introducing new safety, environment-friendly features
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CDWP approves Rs32.5b worth of 15 projects
More schemes added to already inflated development portfolio amid thin resources
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Market watch: KSE-100 continues to fall for fourth successive session
Benchmark index loses 180.13 points to settle at 31,000.67
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Oil hovers around $60 as US-China trade tensions weigh
Brent prices have lost more than 9% in past week
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Power tariff reduced by Rs0.9 per unit
It will provide cumulative relief of Rs1.1b to consumers
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Moroccan envoy for boosting trade
Morocco and Pakistan need to enhance coordination with each other
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PM gives directive for PSM revival
The PM was apprised of the existing condition of the mill
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Rupee strengthens against dollar
Cumulatively, the rupee has depreciated almost 49% since December 2017
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Government allows aluminium scrap import for industrial use
Company getting nod will produce aluminium ingots at its processing plant
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‘Country needs to shift towards skill-based training’
Current IT and computer science courses are outdated
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China asks Britain to make independent choice on Huawei
Says Huawei’s investment in Britain has surpassed £2b with jobs for over 10,000 people
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Pakistan turns to Sri Lanka for dry date exports
Targets new market after India slapped heavy duties on dates import
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Revised FTA with China ‘silver lining’ for Pakistan
Experts urge govt to boost export capacity to cater to Chinese markets
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Output of major crops falls despite surge in financing
Farmers could not increase production due to water scarcity in FY19
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IMF deal overshadows CPEC’s ML-I railway project
Planning ministry unsure whether new loan deal can be inked with China
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Market watch: KSE-100 dives as Pak-India tensions soar
Benchmark index loses 485.61 points to settle at 31,180.80
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Better than Egypt, Pakistan still has bumpy road ahead
Comparison of economic indicators reveals Pakistan’s situation is not that grave
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Challenges for Pakistan under OECD convention
Most serious challenge is abuse of financial account information
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Methane hydrate - a natural gas heir apparent
Hydrates in Pakistan largely reported to be offshore, far from traditional gas resources
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13th IMF bailout may be another ‘successful failure’
Loan package unlikely to put country’s economy on growth path
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Pakistan to get 13 million euros from European Union
Public Financial Management Support Programme aims to ensure rule of law, good governance and poverty reduction