Pakistan economy

Benchmark index rises 100 points but talks with IMF, inflation, coronavirus weigh on sentiment

SAARC CCI calls for removing obstacles to promoting industries

Amount raised will be used to pay off some dues of energy firms

Says project implementation continues to be slow, well behind agreed work plans

Shipment clearance face delay due to painstakingly lengthy fumigation process, say traders

Remittances increase as expatriate Pakistanis utilise legal channels

International Monetary Fund also proposes spending of Rs6.2tr on sustainable development goals in 10 years

PM Imran listens to Haroon Akhtar as he crunches numbers on inflation, revenue and economy in general

CEO seeks to create loyal customer base through economies of scale

Country scores 144.6 points on Dun & Bradstreet’s Business Optimism Index

Babar says 18 blocks will be offered in first phase of auction

Failure to boost tax collection, exports is pushing govt to continue to borrow

Well-diversified portfolio will generate better risk-adjusted returns, protect from economic uncertainty

Govt has also decided to add few sectors to tax net, which currently enjoy zero tax rates

Funds insufficient to complete some critical schemes of Gwadar and Karachi

Reserves depleted by around $1b from August 2019 to January 2020

Earnings per share stand at Rs4.07 in year ended December 2019

Pakistan local currency bond yields rise 10 to 30 basis points in auction

Sets minimum reserve price at Rs6.6b in a bid to raise money to pay off debt

Steps required to generate financial resources to mitigate effects of climate change

Govt, regulators should provide banks with right tools to promote financial literacy

Panellists at Adab Fest discuss state of economy and solutions needed

Country will continue to make more borrowing to service current debt

Global crude prices, inflation concerns keep stock market under pressure

Highest level recorded in past over nine years due to rise in food and energy cost

PTI govt's Fiscal Policy Statement shows 28% rise in per capita debt at the end of FY19

The PTI govt had given permission to export 1.1 million tons of sugar

In meeting with Dr Abdul Hafeez Sheikh, British envoy says UK supports ongoing economic reforms in Pakistan'

Cites technological improvements as reason behind increase

EPS stands at Rs9.93 in half-year period

Pakistan eager to enhance trade with Africa, opens six new trade wings at embassies in the region

Report forecasts annual capacity payments may surge to Rs1,466b in 2025

Approval comes despite thin fiscal resources

Suggests increase of Rs2.47 per litre in price of diesel

Federal cabinet members perturbed by low credit demand

Usman Buzdar has launched programme to provide soft loans to youth

Minister says global companies are participating in privatisation process

PTI govt may not hike gas tariffs for domestic consumers, ECC told

Tax authorities have proposed amendments to Incom Tax Rules 2002

Textile body fears new surcharges will hit 30% of production capacity

Sends the bill to parliament which is aimed at promoting, protecting exports

Reduction will lead to Rs360-400/bag decline in urea prices

Correspondences point to nexus between allegedly corrupt taxmen, importers

Envoy says they are working to establish a training centre in the country

Decline was led by drastic contraction in gross margins

Business community meets prime minister to discuss hardships

Central bank is due to announce monetary policy statement today

According to report, score increases by 0.6 point to an overall score of 55

Minister encourages investors to fully participate in auction of oil and gas blocks

Fertiliser prices during 2019 increased by 12% partly due to government’s decision to hike gas prices