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Plants exempted from LNG offtake
CCOE decides to remove 66% offtake condition for power plants from Jan 2022
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Global equities pallid as coronavirus dogs sentiment
Investors anxious over reimposition of restrictions, stuttering global recovery
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Merger on the cards in telecom sector
Ufone’s parent company seeks proposals for advisory role for possible amalgamation
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DG Khan Cement Company reports Rs2.2b loss
Firm bears losses on back of rise in finance cost, shrinking margins
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ECC scraps tender for wheat import
Bids cancelled on allegation of collusion among importers
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SBP reserves rise $13m to $12.8b
Central bank cites no reason for the increase
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FDI falls to 12-month low
Investment drops in wake of subdued economic activities, recession in Europe
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Imam seeks Turkey’s help in agriculture
Says Pakistan waiting for constitution of joint working group
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Pakistan asked to highlight potential
Riyadh calls for countering negative perception to unlock Pakistan’s real potential
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SBP governor sees economic recovery after pandemic
Central bank aims to provide secure, efficient financial system through digital means
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Power consumers to get Rs231b relief
It will come after reduction in rate of return for power projects
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Startup aims to reduce energy wastage in Pakistan
Enent insists it can cut carbon emissions by 18,000 tons per year
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Punjab to borrow $304m from World Bank
CDWP approves concept clearance paper for tax reforms in Punjab
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Pakistan seeks Dutch investment in dairy farming
Minister says both countries can collaborate in research on food security
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Inter-bank market: Rupee weakens against dollar
The rupee weakened against the dollar at Rs166.26 in the inter-bank market
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Punjab CM for cutting unnecessary expenses
Says finance dept adopted effective strategy to deal with coronavirus
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Pakistan’s economy may grow 2%
ADB says growth will recover with subsiding Covid-19 impact, reforms
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Oil demand set for slow recovery
IEA says uptake of remote working dampens fuel demand
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ADB to provide technical assistance
Aims to help sustain national food security, control pests
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ECC may approve spectrum strategy
Three-year strategy will ensure faster telecom network speed
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LSM growth linked to Covid success
Minister says dividend of controlling disease early paying off on economic side
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PM reviews tax proposals to end disparity
Proposals include steep reduction in tax rates for corporate sector, salaried persons
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SSGC’s loss drops 11% to Rs3.2 billion
Decline comes due to rise in revenue from sale of gas
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Remittances rise 24% to $2.1b in Aug
Inflows exceed $2b mark for third consecutive month
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Local firms work with China for prosperity
Trade fair provides platform for Pakistani companies to enter Chinese market
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Alvi for raising awareness about Islamic finance
Calls for preventing concentration of wealth in few segments
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CPEC projects get new team leader
JCC meeting likely to take place by end of October
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Remittances up by 31% during first two months of fiscal year: PM Imran
Remittances of $2,095 million were received in August, says premier
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Pakistan's petrol crisis of June 2020
Import rationalisation has nothing to do with petrol shortage in the month
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Pakistan’s economic performance
Pakistan needs fresh industrial policy that will push for higher productivity
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Has Imran's govt stabilised Pakistan's economy?
Stabilisation is achieved when all economic indicators perform at optimum level
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Asia-Pacific Joint Group meeting on Sept 15
Pakistan's 27-point action plan will be reviewed during a virtual meeting
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EU, China to talk trade as tensions mount
Virtual meeting replaces full summit with all European leaders cancelled due to coronavirus
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‘Economy heading in right direction’
Finance aide says prudent policies of govt helped gain economic stability
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Pakistan delays plan to hedge oil prices
Earlier, experts had advised govt against hedging as global prices were volatile
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PC Board to move against defaulters
Recommends putting defaulters’ names on CIB as it seeks to recover Rs126.5b
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Week-on-week SPI increases by 0.37%
The SPI for the combined income group rose 9.04% compared to the corresponding week of previous year
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Govt notifies SEZ status for AIIC
Allows sale of plots in three different SEZs
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Economic managers demand tax relief for telecom
Insist concession will turn it into export-focused industry
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Govt pledges to facilitate rice sector
Minister says govt working to develop long-grain Basmati rice
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Rupee strengthens against dollar
The rupee strengthened against the dollar at Rs165.97 in the inter-bank market on Friday
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Importers urge removal of sales tax on sugar
Say if tax remains applicable, sugar price will continue to be on higher side
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Fertiliser firms threaten to hike prices
Manufacturers warn of raising urea prices by 17% if govt tries to recover GIDC
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PPL’s profit drops 17%
Decline comes on back of dip in oil and gas sale
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The real ‘Made in Pakistan’
Pakistan’s envoy invites Chinese enterprises to take advantage of SEZs
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Persisting with a failed economic model
One common feature of govts since 1977 was the IMF dictated economic model they all worked
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Pakistan, Uzbekistan eye early harvest plan
Want to ink PTA for increased market access to each other’s products
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Traders fear 10% drop in Sept exports
Say shipments rose in July due to dispatch of piled-up orders
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Modernising seed technology stressed
Imam discusses priority areas for agri-development over three years
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Govt mulls options to expand tax net
FBR policy board discusses proposal to carve new legal structure