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Gold prices surge globally and locally
The price of silver per tola rose by Rs 43, reaching Rs 3373.
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Trade tariff chaos and its global fallout
Since US is Pakistan's largest market, there are concerns any tariffs can severely impact exports
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The harsh truth about privatisation
Past instances suggest privatisation of SOEs does not result in lower prices
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Taxes and impact on aggregate demand
Since poor have high propensity to consume, regressive taxes reduce their level of consumption
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Tariffs may be counterproductive for US consumers
These will not impact China that will diversify, enhance exports to other countries
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Tax reforms: a re-election strategy?
Lower taxes on salaried individuals can tilt poll outcome in favour of policymakers
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IMF mission to assess governance and corruption in Pakistan
IMF will review the country's progress by March with govt, central bank expressing confidence about meeting targets.
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Pakistan to double IT exports to Saudi Arabia
Tech firms hope to capitalise on KSA's $100b AI project; take more companies to participate in LEAP 2025
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Cane growers demand fair prices
Farmers decry delay in payments and high costs; millers reject notion of shortage
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World food commodity prices fall in Jan
Decline fueled by lower prices of sugar and vegetable oils
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Washington to announce reciprocal tariffs next week
Countries being hit not yet named; Republicans to unveil ambitious tax, spending package this weekend
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Govt urged to take larger slice of US market
Industrialists demand reduction in taxes and energy costs
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Albaik to expand into Pakistan
First branches expected to open soon; commerce minister engages in high-profile investment meetings
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TRQ deal with EU to boost rice exports
Cabinet approves agreement on tariff rate quotas post-Brexit
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Trade war, profit-taking pull PSX down by 3.4%
KSE-100 sheds 3,933 points amid US tariff attempts, local economic concerns
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Central banks grapple with uncertainty
Rate moves signal diverging paths as policymakers navigate foggy economic landscape
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Trump pushes for 'even' trade balance with Japan
Presses Tokyo to close $68.5 billion trade surplus; bring Japanese investment in US to $1 trillion
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Government poised to impose additional taxes on salaried class
Five years ago, annual tax collection from salaried individuals stood at PKR 129 billion
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'Pakistan faces external financing challenges'
Fitch says country has restored economic stability including sharply lower inflation, better reserves
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Inflation drops for sixth straight week
SPI falls by 0.21% WoW amid declining food prices
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Bourse closes flat amid investor caution
KSE-100 records marginal gain of 22 points, settles at 110,323
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Trade war pushes gold over Rs300,000/tola
Increases by Rs1,346/tola; rupee strengthens 10 paisa to 279.05/$
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Three key IMF conditions met
FBR misses targets - increasing taxes over Rs6tr, collecting Rs23.4b from traders
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UAE gold prices edge up on February 7, 2025
Gold prices rise in the UAE, with 24-carat gold reaching AED 345.75.
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Pakistan's interest costs soar
Debt Policy Statement comes amid lack of transparency in data reporting
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Cash-strapped PIA approves pay raise for employees
The total number of PIA employees has now fallen below 7,000
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Reserves rise to $16.1b on $46m boost
SBP injects Rs1.1tr into market; gold sees minor correction and rupee weakens
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Currency exchange rate: Saudi Riyal to PKR for February 07, 2025
The Saudi Riyal (SAR) experienced slight fluctuations in the open market.
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Gold price in Pakistan crosses Rs300,000 per tola for first time
The price of 10 grams of gold has increased by Rs1,154.
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British businesses asked to pour investment
Pakistan looks for investment in energy, tech and industrial sectors to deepen relations
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Stocks succumb to selling pressure
KSE-100 index loses 1,634 points, settles at 110,301
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Govt seeks Germany's support for climate goals
PM's aide meets delegation to seek technical support in accelerating climate action plans, transition to clean energy
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Exhibition strengthens economic ties with Riyadh
Commerce minister calls for setting up JVs targeting markets in Africa, Central Asia, and Far East
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Proposal to set up transport division abandoned
Officials observe new arrangement can cause complexity, disperse focus
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Pakistan, Somalia eye stronger trade ties
He also highlighted Pakistan's long-standing defence cooperation with Somalia.
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FinMin for moving beyond policy prescriptions
Advocates fast-track adoption of policies to address climate challenges
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Barrick's reserves rise on Reko Diq project
Barrick owns a 50% stake in the mine and the governments of Pakistan and the province of Balochistan own rest.
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Barrick Gold's reserves jump 23% in 2024, boosted by Reko Diq project
Barrick holds a 50% stake in the Reko Diq mine, with the remaining ownership shared between federal, Balochistan govts
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Pakistan’s total foreign exchange reserves exceed $16b
State Bank did not specify the reasons behind the increase in reserves
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Gold prices decline in local and global markets
Gold prices see a drop in both international and local markets, with major reductions in prices.
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Currency exchange rate: Saudi Riyal to PKR for February 06, 2025
The Saudi Riyal remains steady, with the selling rate at Rs74.20.
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Trump's trade war pushes gold higher
Gold soars by staggering Rs5300; analysts predict fall of prices could be as significant as record highs seen now
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'US sanctions will destabilise markets'
Iran cautions as Trump seeks to drive Tehran's oil exports to zero
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US futures fall on disappointing earnings
Dollar weakens against yen, Canadian dollar; treasury yields ease as trade tensions rise
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Development sector, corporates discuss ties
Stress need for holding dialogue, creating synergy to have meaningful impact
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Nissan calls off merger talks with Honda
Shares plunge after reports of pullback from $60b merger as differences grow
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Minerals framework being finalised
Harmonisation framework will woo investors; provinces need to adopt policy
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EU urged to negotiate LNG deal with US
Trump has also threatened Europe with tariffs.
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'Visit Rwanda' campaign highlighted at travel mart
High commissioner promotes country as tourist destination, boasts leadership in Africa's IT, internet access
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Call to fast-track carbon policy
Garment makers propose awareness drives, capacity building and regional collaboration