Business

Gap contracts following import compression amid thin forex reserves

Dar vows to raise money through sale of assets; term PTI white paper deceptive

Importers look for better industrial conditions before entering into contracts

Industries need to import raw material to produce goods for export

Power generation by project will commence by end of 2026

Gives directives for acquiring Rs50b loan for PSO on back of sovereign guarantee

Surging Covid in China disrupts factory production, weighs on demand

Analysts attribute depreciation to low foreign currency reserves

Power Division says committees cannot interfere in govt’s affairs

All three nominations are serving in the Ministry of Finance

Dollar remains firm as IMF forecasts global recession in 2023

Taxes raised on petroleum, crude oil and aviation turbine fuel

Recommended the energy ministry conduct an inquiry against company via FIA, NAB

Transmission firm seeks NEPRA’s nod for Rs369b capital injection

Company resumes operations amid high demand for diesel in wheat sowing season

IMF’s Georgieva warns that US, Europe and China are slowing down simultaneously

Delegation of companies will go abroad to meet expatriates

Currency seen dropping to between Rs250-270 by June 30

It may require electricity market where price is determined by forces of demand and supply

CPEC can help to revive economy through agri-development and industrialisation

Poor access to finance, excess regulations and bad taxation system are factors constraining export sector

Pakistan needs to remove export barriers to break vicious cycle

International partners will not like such a situation due to security implications

Exclusive interview: Former finance minister shares his thoughts on Pakistan’s economic future

Better tax collection, increased payments by energy producers helped lower shortfall

Country is preparing for incoming global financial shocks

Worries over persistent inflation hurt prospects for 2023 rebound

Benchmark KSE-100 index rises by 751.25 points to settle at 40,420

Businessmen see potential for growth, export in sector

Available for those registered with BISP, whose poverty index is equal to or below PMT-32

Lagarde says wages increasing quicker than expected

Fund inflows in Oct-Dec represent lowest level since first quarter of 2020

Introducing bar-codes for food products not in provincial jurisdiction, says BoI

Experts predict ‘negative economic growth’ for third time in history

Will take Thar’s coal contribution to power generation up to 3,000MW

Benchmark KSE-100 index lost 9.4% in rupee value, compared to pre-opening level at 44,596 points on January 1, 2022

Project is expected to produce 48GWh annually

OGRA reduces LPG price by Rs12 per kg for January

Reduces penalty of Rs100m imposed on PPA to Rs25m

Fear funds may not be enough to pay for imported goods

FBR custom offices will intensify anti-smuggling activities

Dollar triumphs and on track for best annual performance in seven years

Target missed due to faulty tax planning, poor state of the economy, low economic growth and tax exemptions to traders

Benchmark KSE-100 index largely traded in positive zone, closed at 40,420 points

The rupee finished the year at 82.72 to the US currency, down from 74.33 at the end of 2021

Minister calls for adopting export oriented policies for public and private sector to accelerate export led growth

BoD had declared an immediate stop to privileges including club facilities

Largest tech expo is taking place in Lahore from Jan 6 - Jan 8

Costly electricity and surcharges are not a solution to the power sector’s problems

PM asks Power Division to reevaluate numbers, plan