Business
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Govt to launch 10-year Sukuk to raise Rs6.54tr
SBP to help raise additional Rs6.29tr by auctioning T-bills, PIBs to banks between Sept and Nov
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Govt accepts IMF bar on new SEZs
Will not set up new special zones, withdraw existing incentives after expiry
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Car sales surge 28% in August on new variants
Passenger car sales hit 12,274 units; Sazgar Engineering leads with 606% growth
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Stocks rally over remittance boost
KSE-100 index spikes 671.73 points, settles at 79,286.74
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Rupee partly recovers as import pressure eases
The currency has remained largely stable in the range of Rs278-279/$ over the past five months.
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Industrialists call for urgent interest rate cut
Urge SBP to reduce interest rates by 4%, introduce SME-focused financial packages
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Govt fast-tracks transfer of projects
Ongoing PWD projects in Islamabad will be reassigned to the CDA and relevant ministries.
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Chinese businesses look for trade in minerals, steel
Invite Pakistani investors to also explore opportunities in China
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ECC uncovers violations in export
Ministry accused of ignoring committee's conditions to favour sugar millers