economy

Corporate Corner Minister meets bank heads

Denim segment is yet to escape Covid-19 triggered stress

Commerce adviser discusses issues faced by sector, directs ministry to address them

New loans contracted to pay $10b maturing debt and cushion reserves

Worries about impact of fresh virus outbreaks on businesses trigger profit-taking

Public, private bodies may be empowered to curb money laundering and terror financing

Move will help gain insights into effectiveness of complaint management

Fintech expert says AMA platform can help achieve financial inclusion

Expert says Covid-19 has negatively impacted horticulture supply chain

Significant growth indicates industries have resumed work after lockdown

Farmers engage in heavy buying following clarity about fertiliser subsidy

Development comes despite trade disruption due to Covid-19

IFIs will provide $750m financing for RISE programme

Consumers, except for K-Electric, will be given Rs4.5b relief in August and September

PC board gives nod to transaction structures

Policy can facilitate sector in varying ways such as small loans on soft conditions

Govt will facilitate low to middle-income groups in taking loans at subsidised rates

Move will attract local, foreign investment in renewable energy sector

Imran Khan-led govt aims to explore new markets, encourage product diversification

Removal of additional customs duty makes jute industry cost-competitive

Official sources said the SEZ can be expanded up to 50,000 acres in the future

Despite the Covid-19 pandemic, the government has announced a relief package for the construction sector

Committee asks officials concerned to take steps to prevent such incidents in future

Decline in large industries highlights need for review of economic policies

Deficit hits five-year low at $2.96 billion in previous fiscal year

Committee chairman calls for issuing displeasure note to officials

Imposes penalties totaling Rs64.57 million in FY19

Out of 21 members, only three came to attend the meeting

Move aimed at implementing action plan agreed with FATF

Decline in currency comes on back of speculative demand for US dollar

Wants benefits extended to deserving people in transparent manner

Absence of permanent MD, high UFG losses, nepotism mar company’s performance

Minister says FDI of Rs2.5b recorded in country this year

It is based on anti-manufacturing bias that has pushed Pakistan into predicament

Islamabad needs to establish ‘commercial consulate’ in Beijing to facilitate exporters

Pakistan cannot afford to create any problem to disturb flow of foreign exchange

Manila-based lender seeks clarification on administrative change

SBP data for 11-month period of FY20 shows CDNS raised Rs306.3b

‘Dealing with aftermath of deadly pandemic remains priority of govt’

The SPI for the combined income group surged 10.29%

Revenue board issues transfer and posting orders for 12 officers

China emerged as largest foreign investor in FY20 with injection of $844m

The foreign exchange reserves held by the central bank increased 0.11%

FPCCI chief stresses need for removing under-invoicing, barriers to trade

Commodity increases despite dip in international market

Finance adviser asks for adopting clear strategy for release of remaining refunds

BOI to help set up solar captive power plant

US President Trump interested in buying PIA-owned hotel in New York

'Forcing companies to submit data again and again will add to bureaucratic hurdles'

NEPRA constitutes committee to address objections raised in public hearing