Business

Decrease comes on back of external debt servicing, other official payments

Projects inflation at 8.5%, pointing towards unimpressive economic outlook

APCC recommends Rs1.586 trillion NDB to NEC

Insists negotiations can only continue on the basis of equality and mutual respect

Benchmark index rises 944.2 points to settle at 35,581.34

Brent is set for its biggest weekly fall in 12 weeks and WTI in 15 weeks

Naveed Kamran Baloch replaces Daga as finance secretary

Meeting on billions of dollars worth of foreign investment put off

The decision is aimed at achieving the goals set by the Financial Action Task Force

Gap narrows due to drop in imports, rise in worker remittances

Company executives likely to meet govt officials today

Debt from Beijing stood at $6.5b in Jul-Apr FY19, which was equal to 75% of total loans

Says federal government has been unable to give province’s full share under divisible pool

Chairman urges them to opt for tax amnesty as only 11% are currently registered

APCC will meet today to finalise outlay for uplift schemes

US-based global research house says interest rate hike to help curb inflation, rupee to become stable

Saudi facility will strengthen Pakistan's balance of payments position, says finance adviser Hafeez Shaikh

US stuck Huawei Technologies on a trade blacklist last week

Britain's Official Receiver says the failure jeopardises around 25,000 jobs

Analysts, however, say oil markets remain tight amid OPEC-led supply cuts

Benchmark index rises 3.57% to settle at 34,637.14

Firms write letter
to finance adviser in a bid to promote local industry

Analyst says pricing will be a challenge amid uncertainty about rupee’s value

Benchmark index rises 191.56 points to settle at 33,442.1

Foreign investors invested $1.37b in Jun-Apr FY19 compared to $2.84 last year

Senator suggests setting up of retail outlets will help stop smuggling

Increase comes on back of continued double-digit growth in spending

Cost of 134 ongoing projects surge by Rs945.22 billion

Steel producer has sought £30 million in loan from the govt

Benchmark index rises 191.56 points to settle at 33,442.1

Iran says it will resist US pressure, declining talks under current circumstances

Chinese tech firm to support its devices despite restriction; fails to mention fate of phones it sells in future

Currency has weakened by over 7% or Rs10 in four days

Sukhera said that the ministry was concentrating on providing maximum protection to local industry

The SPI for the lowest income group decreased 0.33% compared to the previous week

Approval comes despite fund’s less-than stellar past record at playing the market

Company reported earnings per share of Rs26.97 in quarter under review

Loans to farmers drop by 28% during first nine months of current fiscal year

Areas of cooperation include livestock, food processing and food safety

Bakht says govt will form an authority to divert private sector investments to PPP mode projects

Pakistan’s debt, liabilities have risen to Rs35.1 trillion or 91.2% of GDP

Currency has lost Rs8.26 since Wednesday under latest round of devaluation

UAE energy minister says producers are capable of filling any market gap

Say despite earning millions in international market honey market is deprived of basic facilities

Benchmark index gains 83.92 points to settle at 33,250.54

Provinces lack incentives to achieve SDG targets

Land-based terminals, FSUs and small LNG carriers may be utilised

Unless we remove hurdles and offer incentives, corporate success will not translate into Pakistan’s success

Unless structural reforms are undertaken, the debt cycle will perpetuate

Fiscal deficit of 6% is indispensable for Pakistan’s economy