economy

Company sold 90m shares to institutional, high net-worth individuals

Offers incentive to financial institutions who meet quarterly target of extending housing loans

Will transfer deposits to centralised account at State Bank of Pakistan

Forms committee for negotiating wheat price with Moscow for more imports

Punjab chairman urges govt to announce a new textile policy to attract fresh investment to the industry

Discretionary powers for monitoring production may spark de-industrialisation

PM forms panels to strengthen economic diplomacy

Global trade will shrink by less than expected but the rebound will also be much weaker than the previous forecast

Industries’ ministry seeks increase in rates of essential items sold at utility stores

Regulator working to offer tax incentives to ETF unit holders to create level playing field

Business community expresses concern over growing political uncertainty

Fall comes on reports upcoming antitrust paper contains call to break up companies

Decline in prices, Covid-19 outbreak hit earnings of cement companies

Move flouts law that calls for due diligence before launching mega schemes

The coronavirus pandemic has caused a sharp economic downturn globally

The rupee strengthened against the dollar at Rs164.32 in the inter-bank market

Tech firm plans to raise Rs1.5b through IPO to expand its footprint

Increases $115m as imports surge and exports contract

Main challenges are to become bridge between FBR and Q Block, enhance revenues

Planning Commission official says region can play important role in country’s economy

Pest attack, climate change, low quality seeds put harvest growth at risk

Say agriculture sector has been neglected, is moving in wrong direction

Govt has permitted LNG import by private sector to utilise capacity of 2nd terminal

It’s no secret that Pakistan does not have a stellar track record when it comes to foreign direct investment

Tariff cut badly needed for slowing down accumulation of circular debt

Lower trade deficit, rise in exports will provide relief to Pakistan’s economy

June oil shortage indicated country stood where it was in 2015 with lack of storages

Food prices surge as govt struggles to ensure smooth supplies

Decision comes amid reservations about high price, using Russian ships for shipment

Lament it is acting as obstacle to production of export orders

Chairman insists insurance firms should be taken on board to facilitate mine workers

Harassment Traders call for end to FBR notices

Foreign exchange SBP reserves fall $342m to $12.36b

Clears new mechanism for improving project management to cut planning, execution period

Project is being completed under CPEC at cost of $497 million

China’s export of yarn, fabrics, manufactured goods shows 51.3% growth

Share of foreign currency debt increases to 36% of Pakistan’s total debt

Electricity rates up by up to 17%; gas by nearly 15%

Insist it enhances job opportunities, boosts foreign exchange reserves

Slashes high-speed diesel rate by Rs2.40 per litre for next 15 days

May eliminate or cut tax on bank income generated via low-cost housing finance

Monthly collection and filing of tax returns remain low

Says textile policy will help boost exports in addition to bringing investment

The committee decided that all provinces would send proposals for the support price of wheat as soon as possible

PIEDMC chairman expects local, foreign investment in the zones

Willingness to work with all parties will eventually benefit all stakeholders in the long run

Govt may keep prices static for domestic consumers and tandoors

Assures them of resolution of outstanding issues with FBR, other entities

Finance ministry says debt accumulation slows down in second year of PTI govt

Minister cites outdated seed technology as key factor behind low crop yield