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Pakistan Refinery’s losses soar 13 times to Rs2.46b
Higher cost of sales, low sales revenue and rupee depreciation caused the plunge
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Port Qasim to start night navigation from February
New system will help vessels sail to terminals during night hours
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Atlas Honda earnings dip 51% on lower margins
Bike-maker earns Rs572 million in Oct-Dec quarter
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Govt plans to set up IT regulatory authority to tap youth potential
It will assess IT education benchmarks for youth in line with global standards
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Amended FTA with China to be finalised in mid-Feb
Duties, taxes on import of goods from China would be reviewed
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PM Imran orders crackdown as corrupt FBR official promoted
This comes 2 days after corrupt officer was promoted to second highest pay scale
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British Airways to begin operations in Pakistan from June
British airways can play an important role in promoting tourism in the country, says PM’s special assistant
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‘Govt to provide time-based subsidy to engineering sector’
PM’s advisor says govt to improve Pakistan’s ranking to top 50 countries
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OGRA recommends reduction of Rs4 in diesel price
For petrol, it proposes decrease of just Rs0.50 per litre
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US, China face deep trade, IP differences in high-level talks
Trump has threatened to raise tariffs on $200b worth of goods on March 2
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Market watch: KSE-100 falls slightly ahead of monetary policy
Benchmark index decreases 17.27 points to settle at 40,607.12
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Oil prices rise 1% on Venezuela sanctions
US has imposed export sanctions on state-owned oil producer in Venezuela
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Govt expects circular debt to level off this year
Power minister says country will need to double generation capacity to 55,000MW by 2030
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Faysal Bank to convert into full-fledged Islamic banking institution
This partnership will not only benefit us, but the entire Islamic finance industry as well
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'Implementation of reforms key challenge for PTI govt'
DFID Chief Economist Rachel Glennerster says Pakistan needs to prioritise its to-do list
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Corporate Corner: Uzbek team visits textile university
NTU and Tashkent Textile Institute will collaborate and sign an MoU for further cooperation in the field of textile
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Inter-Bank Market: Rupee stable against dollar
Cumulatively, the rupee has lost 31.8% of its value in the last 13 months
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Pakistan-Uzbekistan trade rises threefold
Envoy reveals direct Karachi-Tashkent flights will start soon
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Govt sees $6b reduction in trade deficit in FY19
PM aide expects exports to reach record high of $27b
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FBR introduces new registration process for mobile phones
Overseas Pakistanis can bring one cellphone without paying duties
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SBP expects slowdown in economic growth to 4-4.5%
State Bank of Pakistan says 6.2% GDP growth target seems unachievable
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Finance, planning ministries oppose interest rate hike
Rate increase will push govt’s borrowing cost up from the projected Rs2 trillion
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PM’s aide meets British Airways team to finalise Pakistan operations pact
Abdul Razzak Dawood says airline resumes flights owing to improved security situation
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Govt to borrow Rs400b from banking consortium
Loan to be used to pay off circular debt, provinces' net hydel profit
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Chinese automaker to export electric pickups to US
Pickman trucks will be sold at $5,000 in US and $5,700 in Europe
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Market watch: KSE-100 continues to gain momentum, rises over 200 points
Benchmark index increases 0.51% to settle at 40,624.39
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Philips shifting millions of euros worth of production due to trade war
Predicts increased tariffs will cut around 60m euros from core profits this year
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Oil gains as US imposes sanctions on Venezuela, global supplies weigh
US has been the biggest buyer of Venezuelan oil despite their political differences
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Dollar trapped in ranges on trade war concerns, Fed
Market participants focused on the Federal Reserve's policy meeting on January 29-30
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FTA with US, India difficult at the moment: Dawood
PM adviser will meet British Airways’ delegation for finalising flight detail
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Corporate corner: DIB Pakistan issues Rs3.12b Sukuk
DIB was established in 1975 as the world’s first Islamic Bank in UAE
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Inter-bank market: Rupee strengthens against dollar
Rupee has lost 31.8% of its value in the last 13 months.
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Sindh Bank conducts 7th Hajj balloting
Balloting held for selection of employees in Sindh Bank.
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Profit, dividend repatriation drops 37% on economic slowdown
Foreign companies in Pakistan sent home $759.5m compared to $1.2b in previous year
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Pakistan and Spain have great potential to boost trade volume
Spanish envoy assures full cooperation in promoting ties
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Foreign investors keen to invest in fishing industry
Interest develops due to business-friendly policies of the government
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Privatisation of state units to take eight years
Asad Umar vows to club taxes in next federal budget
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Foreign loan disbursements drop to $2.2b in first half of FY19
Finance minister calls for developing mechanism for fast-track implementation of foreign-funded projects
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No relief: Despite two finance bills, Pakistan's fiscal miseries to persist
Budget deficit to go above 6% of GDP by the end of current fiscal year
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Govt seeks details of payment to lobbyists, lawyers abroad
Cabinet receives briefing from interior ministry on investigations in UK
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Govt to help furniture-makers capture world markets
Has allowed duty-free import of raw material to manufacturers
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UK retailer Tesco restructuring threatens 9,000 jobs
The retailer employs around 300,000 workers in Britain
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Market watch: KSE-100 advances despite lower volumes
Benchmark index increases 155.31 points to settle at 40,420.09
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Oil falls as US firms add rigs, still set for best January in 14 years
US crude production has undermined sentiment in market
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Govt to facilitate investors, bolster exports: Asad Umar
Government undertaking measures to resolve the power issues faced by the industrialists, says finance minister
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Govt should set target of 50% reduction in T&D losses
High-profile loss reduction activity backed by a strategy and action plan is a must
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Rotterdam links up with hybrid BMW owners to cut pollution
Launches Electric City Drive project to cut greenhouse gas emissions
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IGI launches IGI Life Vitality to help people become healthier
Programme provides participants with tools to improve their health using a digital app
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Lack of access to banking facilities exacerbates economic woes
If depositor base is widened, it will foster economic growth, provide business and job opportunities
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Govt must close political fronts, focus on economy
Opening of political fronts has complicated economic challenges