Business

Claims Rs5b in damages for ‘malicious campaign’

Average inflation reading is projected to be 25% for FY23, but will continue to rise

Pakistan’s red chilli project will help lift agriculture sector

After-tax profit rises 82% to Rs810 million in Q3FY23 from Rs445 million last year

KSE-100 index shoots up by 1,061.63 points to close at 40,846.53

Finance czar pins blame for economic crisis on PTI

Country’s reserves slipped to just half a month import cover after making a fresh debt repayment of $500m

Foreign lender mission to arrive next week

The Mohmand Dam project is likely to be complete in its entirety by 2026

Wants to bring investment and expertise to Pakistan

SAP MD says firms not allowed to repatriate profits

It will offer tax exemptions, other incentives for upgrading processing plants

ECC also allocates Rs844 million for renovation of judges’ residences, Supreme Court building

KSE-100 index gains 729.25 points to close at 39,784.90

UAE company has not transferred $799.3m, holds 407.8 million shares

Businesses are bearing the brunt of the foreign exchange shortage

Analysts warn that Pakistan’s economic situation is at risk of following Sri Lanka, says FT report

Sources unclear if EximBank’s debt service relief will be enough for IMF

Says loyal international customers are now reluctant to place orders

Majority of $9.7b pledged during Geneva Conference are repurposed funds

Say waiver of only demurrage, port charges will not make significant difference

Urges govt to sell gas at OGRA’s regulated price

Automaker increases prices in range of Rs115,000 to Rs355,000

With effect from January 25, the rupee will be allowed to depreciate to its actual value against the dollar

The move would help eliminate black currency markets, says ECAP President Malik Bostan

Sharpest YoY drop in the last 10 years, indicates low level of activity in construction sector

Says ships with 100,000 metric tonnes of petrol are at berth

Says implementation of policies for economic growth must be executed

The country is scheduled to make the repayment in the next 72 hours

SBP advised banks to process and release documents of shipments that have already arrived at ports

Some suggest that the govt consider alternatives to IMF

ICCI president suggests both countries enter into free trade agreement

Warns that shortage of raw material will cause food crisis

KSE-100 index edges up by 35.61 points to close at 38,443.59

US envoy says damaged infrastructure is hindering regional trade

Unemployment, inflation will soar, warns business community

Textile industry alone booked a loss of Rs7-8 billion

Analysts expect rate to go up to 17% ahead of IMF programme revival

GMO soybeans carry many health risks and drain precious foreign exchange

Pakistan needs to benefit from high consumption in China, especially of food

Around 800,000 tons of imported soybean and canola denied clearance

If industry continues to face problems in opening LCs, this can lead to fuel scarcity

There is hope continuity of political process may ease economic woes

Uncontrolled spending may result in government missing deficit target set by IMF

Say decision will drain forex reserves, hurt local engineering industry

Pakistani envoy to US says this phase of relations will focus on prioritising trade

Seeks extension in well testing; production to begin in June

Dismissed debt concerns, says it plans to spin off more businesses by 2028

Says demonising the international finance partners is not beneficial

Benchmark KSE-100 index plunges by 1,915 points to settle at 38,408