Business

Pakistan’s most luxurious and modern residential project organised an event

SPI for the week ended October 11, 2018 registered an increase of 3.65% for the combined income group

SBP has decided, in principle, to conduct biometric verification of accountholders

Planning secretary says they are formulating 12th Five Year Plan

Company says it is assessing impact, will resume booking with announcement of new prices

Earnings per share remain unchanged at Rs1.25

Earnings boosted by significantly higher sales

Sales remain robust, other income picks up

It comes following news of IMF mission’s upcoming visit to Pakistan

Interest rates may also peak to 15%, drastically slowing down economy

Two sides agree to ink deal on enhancing agri-trade, facilitating business visas

Foreign minister says peace is inevitable for the promotion of global trade and development

Him and Xi Jinping plan to meet at the G20 summit in Argentina in late November

Benchmark index decreases 2.29% to settle at 37,517.93

Boost comes following significant recovery in international oil prices

China's exports to the US rose to $46.7 billion while imports slumped to $12.6 billion

Foreign exchange reserves held by the central bank continued to spiral downwards

Business delegation of pharmaceutical and surgical sector of Pakistan is visiting Lagos, Nigeria

NBP EMC and Megaplus Pakistan partnered to launch Enterprise Backup Solution project

HBL President and CEO Muhammad Aurangzeb hosted People’s Bank of China Currency Policy Committee

Power crisis likely to worsen with depleting hydrocarbon reserves

Seeks collaboration in multiple areas including fish and rice trade

Regains up to Rs2 and stands at Rs133 against the greenback

Will develop another golden triangle connecting main cities in south Punjab

If agreed, it will ease some pressure on Pakistan’s foreign currency reserves

Finance ministers for developing nations in Group of 24 call for major economies to reform global trading system

Benchmark index decreases 1.02% to settle at 38,398.30

Appoints Air Marshal Arshad Malik as new PIA chairman

Announcement comes after IMF chief voiced concern over CPEC debt

Provincial departments asked to provide a list of nominated officers in the districts

'Prevailing economic uncertainty in the country is damaging the investor’s trust'

Cumulatively, the rupee has dropped by 26.67% in the last 10 months

Suggests railway link between Pakistan and Kazakhstan

Commissioner asks taxpayers to pay taxes on time

IRSA informs Senate panel about water situation in mega reservoirs

Official says artificial intelligence will change all industries and organisations

FCCI president insists orders can be doubled if govt resolves liquidity problem

Drops Rs300 to Rs61,700 per tola after rupee becomes stable at Rs133.76

Records worst Q1 performance since 2013

Currently, Centre gets 42.5% of divisible pool while provinces receive the rest

Chinese ambassador to Pakistan confirms revisiting of CPEC projects in line with PTI govt’s vision

Exports rise 4.6%, but imports remain almost stagnant

Imran rebuts criticism of decision to approach IMF for bailout

Forex body chief says currency's weakness will be acceptable to IMF

Benchmark index increases 287.25 points to settle at 38,792.09

Lender says potential gains from better asset management are considerable

A 17-member task force is the first step in the initiative

Urges Pakistan to avoid excessive debts which cannot be repaid

Demand bounces back led by continued buoyancy in exports

Expects drop in sales owing to weak currency, high interest rate