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Call for increasing local production of tea to cut import bill

20 Sep 21 05:31:06 +0500

Domestic consumption of beverage set to increase by another 10% in next five years

Tribune
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Monetary policy: SBP hikes interest rate by 25 bps to 7.25%

20 Sep 21 11:32:05 +0500

Minority segment of market expected increase in interest rate

Tribune
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Oil falls to $74 on risk aversion, return of US Gulf output

20 Sep 21 13:53:17 +0500

Stronger US dollar in wake of risk aversion weighs on oil prices

Tribune
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Market watch: Stocks fall ahead of monetary policy

20 Sep 21 15:14:55 +0500

Benchmark KSE-100 index loses 107.87 points to settle at 46,528.21

Tribune
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Govt to provide tax relief on edible oil

19 Sep 21 05:30:55 +0500

FBR decides to impose an additional sales tax of 5% to 17% on electricity and gas on customers not registered in ATL

Tribune
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Water and data are flowing for free

19 Sep 21 16:50:30 +0500

Pakistan has been unable to improve management of water and data resources

Tribune
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Pak rupee – not out of the woods yet

19 Sep 21 16:50:36 +0500

With tapering of asset purchases, dollar will rise further vs major currencies

Tribune
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Pakistani startups make a mark globally

19 Sep 21 16:50:44 +0500

Two companies of country feature in Forbes Asia 100 to Watch list

Tribune
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Power tariff : Learning from Southeast Asia

19 Sep 21 16:50:56 +0500

Govt may consider more tariff incentives to increase capacity utilisation, cut circular debt

Tribune
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Poverty with a gender lens

19 Sep 21 16:53:16 +0500

Women suffer in areas of education, labour force participation, access to resources

Tribune
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Poverty with a gender lens

19 Sep 21 16:53:16 +0500

Women suffer in areas of education, labour force participation, access to resources

Tribune
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Refinery policy and its partial approval

18 Sep 21 20:36:20 +0500

Reservations about deemed duty collection delayed clear go-ahead

Tribune
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‘Quad’ countries to agree on secure chip supplies

18 Sep 21 21:04:47 +0500

Four countries will ascertain semiconductor supply capacities

Tribune
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Taxes on imports fuel inflation

18 Sep 21 21:19:24 +0500

Govt collects one-third of import taxes from petroleum, cooking oil products

Tribune
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China applies to join Pacific trade pact

18 Sep 21 21:06:29 +0500

World’s second-biggest economy looks to boost economic clout

Tribune
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Macroeconomic concerns rattle PSX

18 Sep 21 21:07:41 +0500

Investors expect worsening of economic cues, inflationary pressure

Tribune
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SBP likely to maintain status quo in interest rate

18 Sep 21 21:20:59 +0500

Some analysts expect increase in policy rate

Tribune
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SME policy to boost cross-sectoral small industries

18 Sep 21 21:22:26 +0500

Minister says it will create jobs, enhance capacity of export-oriented enterprises

Tribune
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Govt probes management of Jamshoro project

18 Sep 21 21:25:55 +0500

Power Division will hold internal inquiry and submit report to CDWP within three months

Tribune
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NAB, NADRA get tax record

17 Sep 21 04:42:52 +0500

Electricity, mobile phone connections of non-filers to be disconnected

Tribune
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Oil holds above $75 as storm-hit US supply returns slowly

17 Sep 21 14:20:00 +0500

Brent on track for weekly gain of over 3% owing to slow recovery in output

Tribune
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Market watch: Current account deficit drags KSE-100 down

17 Sep 21 17:24:13 +0500

Benchmark index loses 284.38 points to settle at 46,636.08

Tribune
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CCOE turns down hike in gas prices

17 Sep 21 20:00:19 +0500

Petroleum Division proposes revision in tariffs for domestic consumers during winter

Tribune
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SBP’s Banking on Equality Policy launched

17 Sep 21 20:03:00 +0500

Scheme will help reduce gender gap in financial inclusion, improve women’s access to financial services

Tribune
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Soaring freight cost impacts exports

17 Sep 21 20:04:08 +0500

Shipments of textile goods rise just 2% due to high freight charges, port congestions

Tribune
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Italian firms mulling investment in Pakistan

17 Sep 21 20:07:41 +0500

Investment expected to strengthen economic ties between two countries

Tribune
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Current account deficit widens to $1.5b

17 Sep 21 20:08:49 +0500

Country witnesses steep rise in deficit for second time in three months

Tribune
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FDI falls 20% to $203m in Jul-Aug

17 Sep 21 20:09:59 +0500

Global travel curbs prevent investors from visiting Pakistan for investment purposes

Tribune
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Pakistan asked to tap huge ASEAN market

17 Sep 21 20:11:38 +0500

Envoy says cooperation with Indonesia will provide easy access to bloc’s economies

Tribune
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Rupee weakens against dollar

17 Sep 21 20:14:55 +0500

The SBP injected $1.2 billion into the inter-bank market to defend the rupee in the ongoing fiscal year 2021-22

Tribune
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Kamyab Pakistan size cut to Rs10b a month

17 Sep 21 20:12:41 +0500

Government plans to hire commercial banks through competitive bidding

Tribune
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Govt eager to facilitate foreign, local investors

17 Sep 21 20:13:48 +0500

Privatisation minister says leadership working to turn SOEs into profit-making entities

Tribune
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SPI increases 1.31%

17 Sep 21 20:16:03 +0500

SPI for combined income group rose 14.33% compared to the corresponding week of previous year

Tribune
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SBP awards fintech EMI licence

17 Sep 21 20:16:58 +0500

Finja had earlier become the first fintech to receive approval for the licence

Tribune
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Oil slips to $75 as US storm threat wanes

16 Sep 21 14:37:19 +0500

US Gulf energy companies restore pipeline service quickly after Hurricane Nicholas passed

Tribune
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Market watch: KSE-100 rebounds on rupee recovery, LSM growth

16 Sep 21 15:41:51 +0500

Benchmark index rises 203.74 points to settle at 46,920.46

Tribune
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Foreign exchange: SBP reserves stable at $20b

16 Sep 21 16:03:11 +0500

In late August, forex reserves had soared to all-time high of $20.1b

Tribune
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Senate body for expediting CPEC projects

16 Sep 21 20:28:17 +0500

Directs SAPM on CPEC affairs to step-up completion of projects under construction

Tribune
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Tarin emphasises tax harmonisation

16 Sep 21 20:29:49 +0500

Underlines need for consensus between centre and provinces on tax matters

Tribune
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Businessmen keen to take part in Dubai Expo

16 Sep 21 20:37:30 +0500

Stakeholders term the fair opportunity for Pakistan to deepen global trade ties

Tribune
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Gas crisis to persist for 1-2 years

16 Sep 21 20:38:50 +0500

SSGC MD says activation of LNG terminal-III will help end gas shortage

Tribune
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PM invites Tajik businessmen to invest in Pakistan

16 Sep 21 20:41:35 +0500

Addresses business forum during visit to Tajikistan

Tribune
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European Union calls for urgent WTO reform

16 Sep 21 20:36:15 +0500

Official terms it high time for change at global trade body

Tribune
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Buyback mechanism to help enhance pulses sowing

16 Sep 21 20:40:24 +0500

Food minister says govt is taking measures to boost crop’s output

Tribune
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Rupee strengthens against dollar

16 Sep 21 20:48:40 +0500

IMF asked Pakistan to end state control of rupee and let currency move freely to find equilibrium

Tribune
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Cyber Security Policy on the cards

16 Sep 21 20:47:31 +0500

Policy will help detect, timely respond to threats against country’s digital ecosystem

Tribune
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Rupee falls further in intra-day trade

15 Sep 21 07:51:04 +0500

Fresh decline comes day after currency closed at all-time low of Rs168.94

Tribune
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Oil prices climb after drawdown in US stocks

15 Sep 21 13:04:40 +0500

Benchmarks gain support from expectations that demand will rise as vaccination roll-outs widen

Tribune
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Market watch: KSE-100 falls 175 points as rupee slides further

15 Sep 21 14:45:59 +0500

Benchmark index sheds 0.37% to settle at 46,716.72

Tribune
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Govt jacks up petrol, diesel prices by Rs5 per litre

15 Sep 21 17:40:46 +0500

Increase in line with fluctuation in world prices and local currency rate

Tribune
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LSM sector contracts 4.9% in July

15 Sep 21 19:51:10 +0500

Overall negative growth seen in production by industries

Tribune
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K-Electric receiving 1,100 megawatts from grid

15 Sep 21 19:55:15 +0500

Company CEO tells Senate body it is producing 1,700MW from its own plants

Tribune
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Govt approves Rs44b bailout for PIA

15 Sep 21 19:57:49 +0500

Fails to bring improvement in financial condition of national flag carrier

Tribune
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Rupee hits new low as importers rush to buy dollars

15 Sep 21 19:59:09 +0500

Closes at 169.11 in inter-bank, 170.6 in open market

Tribune
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PM to visit Tajikistan to pave way for boosting exports

15 Sep 21 20:01:26 +0500

Both govts are scheduled to sign MoUs, business-to-business deals

Tribune
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Oil prices jump over $2

15 Sep 21 20:05:50 +0500

Brent crude rose $2.12, or 2.9%, to $75.72 a barrel

Tribune
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Finance minister reviews ghee prices

15 Sep 21 20:02:22 +0500

Directs FBR to devise strategy to ensure measurable impact on prices in domestic markets

Tribune
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Govt working to fulfill PM’s vision

15 Sep 21 20:04:31 +0500

He was speaking at the spectrum auction for next generation mobile services

Tribune
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Volvo gears up for $20b IPO in coming weeks

15 Sep 21 19:56:17 +0500

Carmaker’s initial public offering expected to be one of Europe’s biggest this year

Tribune
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Banks to open accounts digitally

15 Sep 21 20:03:39 +0500

With minimum documentation requirements

Tribune
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Aviation, auto sectors attract German investors

15 Sep 21 20:00:24 +0500

A number of productive business-to-business meetings were held in Karachi and Islamabad

Tribune
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K-Electric receiving 1,100 megawatts from grid

15 Sep 21 19:55:15 +0500

Company CEO tells Senate body it is producing 1,700MW from its own plants

Tribune
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Rupee hits new low as importers rush to buy dollars

15 Sep 21 19:59:09 +0500

Closes at 169.11 in inter-bank, 170.6 in open market

Tribune
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Roadshow organised to revive PSM

14 Sep 21 06:52:21 +0500

The best possible investors will be shortlisted through a transparent process

Tribune
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Rupee hits all-time low at 168.94

14 Sep 21 11:02:30 +0500

Analyst expects local currency to consolidate at current level in short-run in inter-bank market

Tribune
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Oil hits 6-week high as storm threatens US Gulf

14 Sep 21 14:47:16 +0500

Big demand rebound forecast by International Energy Agency also supported prices

Tribune
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Market watch: Rupee fall drives downturn in KSE-100

14 Sep 21 16:04:24 +0500

Benchmark index sheds 379.12 points to settle at 46,891.34

Tribune
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OGRA proposes hike of up to Rs10.5 in POL prices

14 Sep 21 19:55:04 +0500

New prices to be announced today, will be effective from September 16

Tribune
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SBP injects $1.2b to stabilise rupee

14 Sep 21 19:51:09 +0500

Central bank move contrary to its own, IMF and finance ministry policies

Tribune
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Rupee dives to all-time low of Rs168.94

14 Sep 21 19:52:48 +0500

Burgeoning import payments, trade deficit fuel currency decline in inter-bank market

Tribune
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Iranian envoy calls for setting up digital markets

14 Sep 21 19:56:38 +0500

Says lack of connectivity between two countries hampering trade

Tribune
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K-P govt seeks to modernise footwear sector

14 Sep 21 19:54:01 +0500

CM aide laments industry still uses old methods, lacks modern tools

Tribune
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German team assesses trade avenues

14 Sep 21 19:36:44 +0500

Businessmen of Germany keen to establish contacts with counterparts in Karachi

Tribune
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World debt approaching record $300 trillion

14 Sep 21 19:48:42 +0500

Global body reports decline in debt-to-GDP ratio for first time since start of pandemic

Tribune
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Boeing sees full commercial air recovery by 2024

14 Sep 21 19:47:23 +0500

Projects $9 trillion aerospace market over the next decade

Tribune
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Oil demand to rebound next month: IEA

14 Sep 21 19:46:05 +0500

Demand under pressure from Covid Delta variant in key consuming regions

Tribune
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Iranian envoy calls for setting up digital markets

14 Sep 21 19:56:38 +0500

Says lack of connectivity between two countries hampering trade

Tribune
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Oil at one-week high as US supply concerns dominate

13 Sep 21 15:16:54 +0500

OPEC trims global oil demand forecast for last quarter of 2021, expects delay in recovery

Tribune
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Market watch: KSE-100 inches up in volatile session

13 Sep 21 16:05:53 +0500

Benchmark index gains 72.17 points to settle at 47,270.46

Tribune
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Govt proposes pay raise for MPs

13 Sep 21 20:02:43 +0500

Parliamentary affairs ministry moves summary seeking 10% hike in salaries

Tribune
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Govt probes TCP chief over delay in wheat import

13 Sep 21 20:08:48 +0500

Opportunity to import commodity from Russia at $280 per ton was missed

Tribune
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Talks begin to roll over $3b CPEC debt

13 Sep 21 20:11:32 +0500

Pakistan, China also agree to hold long-delayed JCC meeting

Tribune
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Truckers’ strike spells danger for construction sector

13 Sep 21 20:10:02 +0500

Transporters protesting steep hike in mining royalty, rising toll tax

Tribune
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Repair work on LNG terminal to cut supplies

13 Sep 21 20:13:01 +0500

LNG supply to power plants, CNG stations, residential consumers may be halved

Tribune
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Rupee weakens against dollar

13 Sep 21 20:17:53 +0500

Pakistani rupee became the worst performing currency in Asia

Tribune
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CCOE gives approval for refinery policy

13 Sep 21 20:15:27 +0500

Raises questions regarding upfront tariff incentives, directs ministry to review

Tribune
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Pakistan to receive $600m from ITFC

13 Sep 21 20:16:31 +0500

CEO promises corporation will provide technical assistance in agriculture sector

Tribune
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Deal with Tajikistan to be signed soon

13 Sep 21 20:19:06 +0500

Khan would attend an investment and trade conference in Dushanbe

Tribune
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Hydel power generation hits highest level in 2021

13 Sep 21 20:14:09 +0500

Production stands at 8,854MW due to maximum generation by Tarbela Power Station

Tribune
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All is not well with economic policymaking

12 Sep 21 17:47:20 +0500

Successive governments have focused only on GDP growth and inflation

Tribune
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Growth-trade deficit trade off

12 Sep 21 17:47:16 +0500

Expansionary policies may aid growth but may also raise prices, current account deficit

Tribune
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Focus on exports vital for growth

12 Sep 21 17:47:13 +0500

It will help reduce pressure on current account deficit, avert balance of payment crisis

Tribune
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PTI’s three-year performance: economy on the mend

12 Sep 21 17:47:11 +0500

Rising inflation, unemployment threaten future sustainable growth

Tribune
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Lessons to take from spectrum auction

12 Sep 21 17:47:09 +0500

Markets should decide on best price for any country

Tribune
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Govt mulls tax relief for mortgage firm

11 Sep 21 20:38:41 +0500

Proposes concessions at a time when public debt has risen at a rapid pace

Tribune
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Domestic oil, gas output drops in August

11 Sep 21 20:41:03 +0500

Decline came due to annual overhauling at oil, gas fields

Tribune
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CCOE to review ADB-funded project

11 Sep 21 20:22:26 +0500

Automated electricity metering scheme has already been delayed by several years

Tribune
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Govt urged to unseal cottage units in Mehran Town

11 Sep 21 20:32:26 +0500

Businessmen lament thousands of livelihoods are at stake

Tribune
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KSE-100 rises despite MSCI reclassification

11 Sep 21 20:36:27 +0500

Cherry-picking of stocks at attractive valuations helped lift market

Tribune
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Green investments to be part of EU budget rules review

11 Sep 21 20:34:48 +0500

French finance minister says green exemption idea worth discussing

Tribune
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‘Pakistan has opportunity to rationalise tariffs’

11 Sep 21 20:44:10 +0500

Businessman says timely decision-making can accelerate economic progress

Tribune
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Rupee fall jeopardises investment plans

11 Sep 21 20:33:32 +0500

Businessmen need stable exchange rate for long-term investment planning

Tribune
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Minister calls for switching to high-value crops

11 Sep 21 20:42:48 +0500

Stresses it will help secure place in global food markets

Tribune
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Oil rallies to $73 on tight US supplies, Biden-Xi call

10 Sep 21 14:16:07 +0500

About three quarters of the US Gulfs offshore oil production has remained halted since late August

Tribune
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Market watch: Bulls toss KSE-100 above 47,000 points

10 Sep 21 16:02:04 +0500

Benchmark index gains 573.17 points to settle at 47,198.29

Tribune
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ECNEC approves three projects

10 Sep 21 20:22:01 +0500

Schemes worth Rs339b include university project

Tribune
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Karachi key to achieving high economic growth

10 Sep 21 20:38:40 +0500

Minister says focus on port city can help boost exports to $30b in next 5 to 10 years

Tribune
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CCOP approves SIH sale for Rs1.96b

10 Sep 21 20:39:59 +0500

Does not endorse proposal to remove State Life Insurance Corp from privatisation list

Tribune
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NEPRA allows Rs1.37 tariff hike

10 Sep 21 20:41:26 +0500

Increase made on account of fuel cost adjustment for July 2021

Tribune
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Car sales contract 13% in August 2021

10 Sep 21 20:37:12 +0500

Came in at 21,751 units due to high base effect in July, chip shortage

Tribune
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Country receives $2.7b in remittances

10 Sep 21 20:43:24 +0500

Use of formal channels, curtailed cross-border travel drive the boost in inflows

Tribune
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Octopus IPO makes history

10 Sep 21 20:42:26 +0500

Tech company breaks all records as shares oversubscribed by 27 times

Tribune
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Rupee weakens against dollar

10 Sep 21 20:46:10 +0500

In September Pakistani rupee became the worst-performing currency in Asia

Tribune
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Oil rallies to $73

10 Sep 21 20:49:09 +0500

About three-quarters of US Gulf’s offshore oil production has remained halted since late August

Tribune
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UK investors want to set up units in SEZ

10 Sep 21 20:44:58 +0500

British representative terms M3, Allama Iqbal City suitable places for investors

Tribune
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SPI increases 1.37%

10 Sep 21 20:47:04 +0500

During the week, average prices of 24 items rose in a selected basket of goods, prices of five items fell

Tribune
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TruKKer acquires Pakistani startup TruckSher as part of expansion drive

09 Sep 21 05:32:24 +0500

TruKKer currently operates a fleet of more than 35,000 trucks across its primary markets of Gulf economies

Tribune
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Foreign exchange: SBP reserves fall $123m to $20b

09 Sep 21 12:45:25 +0500

Drop comes on back of external debt repayments

Tribune
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Market watch: Bourse snaps bearish streak, rises 228 points

09 Sep 21 15:37:52 +0500

Benchmark KSE-100 index gains 0.49% to settle at 46,625.12

Tribune
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NADRA launches ‘contactless’ biometric services

09 Sep 21 18:10:34 +0500

Bank account holders using digital app can register and verify biometrics, says official statement

Tribune
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K-Electric gives nod for PSM sell-off

09 Sep 21 19:29:58 +0500

Pakistan Steel Mills has still to pay Rs2 billion to power utility

Tribune
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FTO directs FBR to review 103 tax credit claims

09 Sep 21 20:11:29 +0500

Finds authorities allowed undue tax credit to companies

Tribune
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ECC okays 120,000 tons of wheat import

09 Sep 21 20:13:02 +0500

Shipment will help build strategic reserves to stabilise prices of staple commodity

Tribune
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Ford Motor to end manufacturing in India

09 Sep 21 20:08:47 +0500

Will take $2 billion

Tribune
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SBP reserves fall $123m to $20b

09 Sep 21 20:14:51 +0500

Drop comes on back of external debt repayments

Tribune
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Pakistan, Afghanistan to trade in rupees

09 Sep 21 20:17:50 +0500

Move will ease burden on growing current account deficit

Tribune
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Rupee weakens against dollar

09 Sep 21 20:22:30 +0500

On September 2, Pakistani rupee became the worst-performing currency in Asia

Tribune
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Octopus receives record high bids on first day

09 Sep 21 20:19:33 +0500

Shares over-subscribed by eight times amid overwhelming response

Tribune
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Spectrum auction fails to entice telecom players

09 Sep 21 20:16:23 +0500

Companies stay away due to higher price, stringent conditions

Tribune
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MSCI downgrades Pakistan to Frontier Markets

08 Sep 21 06:25:46 +0500

Decision to come into effect from December 1

Tribune
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Oil climbs on low US output, disruptions at Libyan ports

08 Sep 21 14:14:40 +0500

Both crude contracts rise more than $1 as Gulf producers struggle to restart operations

Tribune
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Market watch: KSE-100 slides on Pakistan’s inclusion in FM index

08 Sep 21 16:31:08 +0500

Benchmark index loses 333.25 points to settle at 46,396.71

Tribune
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Bank deposits grow 18% to Rs19.2tr

08 Sep 21 19:32:46 +0500

Financial institutions largely invest in government securities

Tribune
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MSCI downgrades Pakistan to FM

08 Sep 21 20:06:57 +0500

Decision will come into effect on Dec 1; experts expect renewed interest in stocks

Tribune
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NEPRA suggests cap on EV charging tariff

08 Sep 21 20:02:54 +0500

Stakeholders propose power subsidy to attract investors to set up charging stations

Tribune
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Govt finalises LESCO CEO appointment

08 Sep 21 20:10:50 +0500

Cabinet approves hiring of Muhammad Amin for the position

Tribune
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Lufthansa eager to begin operations in Pakistan

08 Sep 21 20:09:46 +0500

German delegation will arrive next week to explore business opportunities

Tribune
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Bank lending gains momentum

08 Sep 21 20:20:25 +0500

The pace of disbursement under the Mera Pakistan Mera Ghar has also picked up

Tribune
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Rupee strengthens against dollar

08 Sep 21 20:13:46 +0500

13 currencies as it fell to a 13-month low against the US dollar

Tribune
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Bitcoin predicted to hit $100,000

08 Sep 21 20:21:46 +0500

Bitcoin was at $46,024 in early European trading on Wednesday

Tribune
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Traders laud cut in port charges

08 Sep 21 20:19:13 +0500

The government is using all its resources to lift exports

Tribune
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Toyota to inject $100m into hybrid vehicle production

08 Sep 21 20:08:29 +0500

Indus Motor says hybrid EVs will be available in Pakistan by end of 2023

Tribune
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Minister for gas supply to fertiliser plants

08 Sep 21 20:12:14 +0500

Smooth supply will help industry meet urea target for Rabi sowing season

Tribune
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PayPal’s $2.7b Japan deal heats up buy now, pay later race

08 Sep 21 20:04:05 +0500

Move marks another step for US firm to claim top spot in booming industry

Tribune
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Traders laud cut in port charges

08 Sep 21 20:14:43 +0500

Total exports of Pakistan stand at $27.2 billion in 2020-21 compared to $21.5 billion in 2019-20

Tribune
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Oil slips as slower demand expectations weigh

07 Sep 21 14:35:44 +0500

Saudi Aramco cut October official selling prices for all its crude grades sold to Asia by at least $1 a barrel

Tribune
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Market watch: KSE-100 extends losses over MSCI uncertainty

07 Sep 21 15:21:56 +0500

Benchmark index loses 188.56 points to settle at 46,729.96

Tribune
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MNAs to review trade dispute law

07 Sep 21 19:49:41 +0500

New law will revamp trade dispute mechanism, address businessmen’s complaints

Tribune
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Call to form new regional trade bloc

07 Sep 21 19:55:40 +0500

RCCI stresses need for inking transit, preferential trade deals with CARs

Tribune
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Inflation remains top concern

07 Sep 21 19:58:16 +0500

Survey findings reveal Pakistanis expect economy to remain weak in next six months

Tribune
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Govt to slash export cargo charges by 50%

07 Sep 21 20:01:02 +0500

Move aimed at helping enhance export volumes

Tribune
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Traders seek to import cotton, yarn from India, Turkey

07 Sep 21 20:02:34 +0500

Request PM to take steps to reduce production cost for value-added textile industry

Tribune
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Rupee weakens against dollar

07 Sep 21 20:03:59 +0500

IMF asked Pakistan to end state control of rupee and let currency move freely to find its equilibrium against dollar

Tribune
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OGDC announces new discovery

07 Sep 21 19:54:27 +0500

Oil and gas deposits found in Khyber-Pakhtunkhwa well

Tribune
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El Salvador’s world-first adoption of bitcoin hits snags

07 Sep 21 19:57:03 +0500

Govt pulls plug on digital wallet to cope with demand

Tribune
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Dubai Expo to stimulate economic growth in region

07 Sep 21 19:59:38 +0500

Envoy says UAE will open visa centre in Lahore soon to facilitate investors

Tribune
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Oil down after deep Saudi price cuts spur demand concerns

06 Sep 21 12:06:13 +0500

Both contracts fell over $1 in earlier trade

Tribune
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Market watch: KSE-100 falls ahead of MSCI reclassification

06 Sep 21 16:07:45 +0500

Benchmark index loses 38.95 points to settle at 46,918.52

Tribune
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Rupee weakens against dollar

06 Sep 21 19:36:08 +0500

IMF asked Pakistan to end state control of rupee and let currency move freely to find equilibrium

Tribune
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PSX may be reclassified to FM index

06 Sep 21 19:07:52 +0500

Continuous drop in share prices of listed companies increases chance of downgrade

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Ryanair ends jet order talks with Boeing on price dispute

06 Sep 21 19:20:49 +0500

Was seeking to purchase 737 MAX 10 jets worth tens of billions of dollars

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‘Smart cars, not e-cars, are game changer’

06 Sep 21 19:22:30 +0500

VW head says autonomous driving will change auto industry

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China to push on with opening capital markets to foreign investors

06 Sep 21 19:23:48 +0500

Will pursue pragmatic cross-border cooperation to regulate overseas-listed companies

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Tarin grills officials as imports surge

06 Sep 21 19:25:20 +0500

Questions commerce ministry how its projections went off the mark by huge margin

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Exports of textile products rise in August 2021

06 Sep 21 19:26:55 +0500

Industry official says surge came on back of forthcoming Christmas season

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President for making progress in technology

06 Sep 21 19:28:17 +0500

Terms industry-academia linkage crucial for country’s prosperity

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Govt extends NTC chief’s term

06 Sep 21 19:29:52 +0500

Commerce ministry submitted summary seeking extension for one year

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Lack of awareness barrier to Pak-Spain trade

06 Sep 21 19:31:04 +0500

Spanish envoy urges businessmen of both sides to develop strong liaison

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Auto supply chain to remain tight

06 Sep 21 19:37:45 +0500

Car executives battling lower production due to lack of semiconductors

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Why new price control policy a bad idea?

05 Sep 21 17:40:34 +0500

Policy will lead to market distortion by subsidising consumers at expense of farmers

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Entrepreneurial ecosystem: Hope for a new dawn

05 Sep 21 17:40:38 +0500

Skill development, mentorship for entrepreneurs can accelerate journey towards prosperity

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Gas storage – why and how?

05 Sep 21 17:40:44 +0500

Semi-depleted fields, LNG land terminals can be used for building storages

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Economic recovery and inflation

05 Sep 21 17:40:54 +0500

Higher agricultural production is required to tackle food inflation

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Machinery manufacturing must rise

05 Sep 21 17:40:56 +0500

Industrial surplus cannot be created unless factories are provided with latest machinery

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Govt levies Rs1 tax for lottery scheme

04 Sep 21 07:00:47 +0500

Also decides to enhance penalties by 300% against those unwilling to integrate system with FBR

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SSGC refuses to allow Engro to utilise excess capacity

04 Sep 21 07:25:20 +0500

Company board not willing to take risk of NAB investigation

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Govt to borrow Rs4.8tr from commercial banks

04 Sep 21 07:32:31 +0500

Will issue PIBs, T-bills to repay previous debt, finance projects

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Shipment delays threaten auto parts supply chain

04 Sep 21 07:32:28 +0500

Parts makers may pass on impact to customers through price hike

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CNG sector concerned over fuel price hike

04 Sep 21 07:54:31 +0500

Fears CNG price will rise above petrol for first time in history of Pakistan

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CNG sector concerned over fuel price hike

04 Sep 21 07:54:31 +0500

Fears CNG price will rise above petrol for first time in history of Pakistan

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Cement sales surge 22.8% in August

04 Sep 21 08:02:07 +0500

APCMA official says uptick in fuel price, other inputs driving up cost of production

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Govt levies Re1 tax for lottery scheme

04 Sep 21 07:00:47 +0500

Also decides to enhance penalties by 300% against those unwilling to integrate system with FBR

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Flipkart co-founder challenges Indian enforcement agency probe

04 Sep 21 17:26:00 +0500

Enforcement Directorate has been investigating e-commerce giants for allegedly bypassing foreign investment laws

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PM intervention sought in tube well subsidy case

04 Sep 21 20:09:07 +0500

Finance minister says provinces should share financial burden

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Trade deficit widens 120% in July-August

04 Sep 21 20:07:39 +0500

Imports surge, exports dip for third successive month

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Stakeholders call for boosting auto exports

04 Sep 21 20:06:30 +0500

Say country can lift auto part exports to $300m over next five years

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Pakistan books pricey LNG cargoes

04 Sep 21 20:00:45 +0500

Shipment for October is 65% more expensive than furnace oil available in the country

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KSE-100 inches down in volatile week

04 Sep 21 19:59:10 +0500

Current account, inflation concerns drag index 179 points lower

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Freelancers’ role vital in IT industry

04 Sep 21 19:56:23 +0500

Minister says steps are being taken to resolve their issues

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US job growth takes giant step back as Delta variant hits

04 Sep 21 19:57:47 +0500

Resurgence in infections weighs on demand at restaurants, hotels

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China’s SMIC to invest $8.87b for new chip plant

04 Sep 21 19:54:54 +0500

New plant in Shanghai aims to expand capacity amid global chip shortage

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Pine nuts: luxury in Chinese market

04 Sep 21 19:42:33 +0500

They enjoy high premium in China and are listed as high-end snacks

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NEPRA questions KE tariff raise request

03 Sep 21 05:34:03 +0500

The power utility sought an increase of 55 paisa under monthly fuel adjustment for July

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Lakson Group, Air Arabia to launch new airline

03 Sep 21 14:43:34 +0500

Joint venture will set up low-cost passenger airline serving domestic and international routes from Pakistan

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Market watch: Bourse turns bullish with 54-point rise

03 Sep 21 16:42:08 +0500

Benchmark KSE-100 index gains 0.12% to settle at 46,957.47

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Lakson Group, Air Arabia to launch new airline

03 Sep 21 15:25:51 +0500

Joint venture will set up low-cost passenger airline serving domestic and international routes from Pakistan

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Govt decides to scale back Kamyab Pakistan Programme initiative

02 Sep 21 05:18:44 +0500

Authorities plan to launch pilot project of programme first

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State Bank of Pakistan reserves hit all-time high of $20.15b

02 Sep 21 13:55:55 +0500

SDR allocation from IMF lifts reserves to historic level

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Market watch KSE-100 dives owing to food inflation, rupee fall

02 Sep 21 16:36:05 +0500

Benchmark index sheds 510.40 points to settle at 46,903.06

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Ministry settles decade-old deemed duty issue

02 Sep 21 19:57:43 +0500

Petroleum Division says refineries invested Rs200b in projects

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Banks to give loans for under-construction projects

02 Sep 21 19:58:58 +0500

Financing risk of banks will be secured through mortgage of project land based on specific arrangements with builders

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Rupee becomes worst performer in Asia

02 Sep 21 18:40:07 +0500

Currency drops to 13-month low of 166.98 to a dollar in inter-bank market

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Stability in Afghanistan to open new avenues for Pakistan

02 Sep 21 20:00:06 +0500

President Alvi urges businessmen to prepare to capitalise on emerging opportunities

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Devaluation drives up debt

02 Sep 21 20:01:24 +0500

Finance ministry says depreciation, not borrowing, added 20% to public debt

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Pakistan may face another gas crisis

02 Sep 21 20:05:20 +0500

Government unable to take decision regarding excess capacity of LNG terminal

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SBP reserves hit all-time high of $20.15b

02 Sep 21 20:06:24 +0500

SDR allocation from IMF lifts reserves to historic highs

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Tractor industry on brink of shutdown

02 Sep 21 20:04:05 +0500

Delay in release of tax refunds sparks challenges for manufacturers

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CCP raids premises of tractor makers

02 Sep 21 20:03:00 +0500

Suspects two major companies were involved in price collusion

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Petrol price slashed by Rs1.5 per litre

01 Sep 21 06:19:30 +0500

Govt says rates revised to ‘provide maximum relief to consumers’

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Market watch: KSE-100 ends flat in topsy-turvy session

01 Sep 21 15:32:42 +0500

Benchmark index edges down 6.28 points to settle at 47,413.46

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PM seeks report on PSO oil transport

01 Sep 21 19:39:59 +0500

Ministries complain firm not using national entities for transport of POL products

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NEPRA reserves decision on tariff hike

01 Sep 21 19:47:36 +0500

May allow increase of Rs1.37 per unit on account of fuel cost adjustment

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Economy heading in right direction: Alvi

01 Sep 21 19:46:33 +0500

President says steps being taken to improve business environment

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Inflation stabilises at 8.4% in August

01 Sep 21 19:50:26 +0500

Pace of increase in prices of non-food items slows but food inflation remains high

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FIA seeks help in probe into OMCs

01 Sep 21 19:54:35 +0500

Requests assistance of attorney general office to vacate multiple intra-court appeals of oil firms

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Exports grow 43% despite obstacles

01 Sep 21 19:53:07 +0500

PM aide presses exporters to step up efforts to achieve target

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Rupee hits one-year low at 166.87

01 Sep 21 19:51:58 +0500

Demand for foreign currency remains high in country

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Investors shrug off growth worries

01 Sep 21 19:59:54 +0500

Many market players remained cautiously positive

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OPEC+ sticks to gradual oil output hikes

01 Sep 21 19:49:01 +0500

Group will release 400,000 bpd to market in Oct after doing so in Sept

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Tarin calls for harmonising taxes

01 Sep 21 19:58:13 +0500

Stresses cooperation between federal, provincial governments

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Swedish firm, Mercedes team up

01 Sep 21 20:01:11 +0500

New passenger car fleet to be carbon dioxide-neutral

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Govt reduces prices of petroleum products by up to Rs1.50 per litre

31 Aug 21 13:44:23 +0500

Prices have been slashed to provide relief to consumers, says official notification

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Oil edges lower as US pushes OPEC to pump more

31 Aug 21 14:34:49 +0500

Prices remained under pressure from concerns over power outages and flooding in US state

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Market watch: KSE-100 rises in roller-coaster session

31 Aug 21 16:16:10 +0500

Benchmark index crawls up 54.04 points to settle at 47,419.74

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Govt borrows $1.6b in July

31 Aug 21 20:20:07 +0500

Relies heavily on foreign inflows to build foreign exchange reserves, pay debt

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Cement, steel price hike worries construction sector

31 Aug 21 20:22:13 +0500

Builders demand strict govt action to control rising prices

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Pak Suzuki swings to profit of Rs1.2b

31 Aug 21 20:23:24 +0500

Turnaround came due to cut in interest rate, economic recovery

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Govt to clear dues from pension fund

31 Aug 21 20:27:14 +0500

Allows utilisation of $10m of hotel pensioners to clear liabilities

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Air Link raises Rs6.43b in largest private sector IPO

31 Aug 21 20:29:10 +0500

Book building oversubscribed by 1.64 times

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Rupee weakens further, closes at 166.39

31 Aug 21 20:32:30 +0500

It has depreciated 9.2% since hitting recent high of 152.28 on May 14, 2021

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Oil falls as US refineries shut down

31 Aug 21 20:35:01 +0500

Both benchmarks were on track for their first monthly loss

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China to amend e-commerce law

31 Aug 21 20:35:59 +0500

China’s largest e-commerce platforms include Alibaba’s Taobao and Tmall marketplaces, JD.com and Pinduoduo

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Zoom shares slide 11%

31 Aug 21 20:33:59 +0500

Zoom will need to find new avenues for growth

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FBR exceeds two-month target by Rs160b

31 Aug 21 20:31:17 +0500

Collection at import stage contributes 55% of total revenues

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Four Pakistani firms get Abu Dhabi exploration block

31 Aug 21 20:30:18 +0500

OGDC, Mari, PPL, GHPL awarded offshore E&P block

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Global stocks set new records in August

31 Aug 21 20:26:12 +0500

Asian markets reversed losses as hopes for more China stimulus grew

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Oil slips as Hurricane Ida weakens, OPEC+ in focus

30 Aug 21 15:23:17 +0500

Brent has rallied 40% this year, supported by OPEC+ supply cuts, partial demand recovery

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Market watch: Bourse snaps bear run, rises 229 points

30 Aug 21 15:55:26 +0500

Benchmark KSE-100 index climbs 0.49% to settle at 47,365.70

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Fuel prices likely to go down by up to Rs5 per litre

30 Aug 21 15:31:23 +0500

Summary for reduction in petroleum products’ prices sent to energy ministry, say sources

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Public debt swells to Rs39.9tr

30 Aug 21 20:05:31 +0500

Government adds Rs15tr to debt in three years, according to central bank data

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Govt to probe sugar imports

30 Aug 21 19:58:15 +0500

Forms committee to look into non-procurement of sugar, scrapping of tenders

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Experts call for taxing tobacco at threshing stage

30 Aug 21 20:02:04 +0500

Proposes the monitoring of production units of cigarette firms with track and trace system

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WTO to examine US-China dispute

30 Aug 21 20:04:03 +0500

Both sides have longstanding disagreement on grain import quotas

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Lax law implementation behind workplace incidents

30 Aug 21 20:07:52 +0500

Employers’ body says govt officials overlooked continuous violation of labour laws

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Tarbela project extension to meet rising energy demand

30 Aug 21 20:09:01 +0500

Minister says it will improve energy mix by enhancing share of clean energy

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S&P keeps outlook stable for Pakistan

30 Aug 21 20:10:22 +0500

Ratings agency sees country’s economy progressing, implementation of economic reforms

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US, Pakistan agree to enhance economic ties

30 Aug 21 20:11:49 +0500

Also decide to search for new avenues of trade

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Ever-increasing need for data security

29 Aug 21 17:37:23 +0500

Personal data protection has become all the more important following recent cyberattacks

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New export-driven economic paradigm

29 Aug 21 17:37:22 +0500

Technology adoption will help country to innovate, improve export capacity

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CCP ruling on sugar industry: the second opinion

29 Aug 21 17:37:21 +0500

ECC’s role in granting permissions for import, export of sugar should be discontinued

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Let’s have critical look at FDI

29 Aug 21 17:37:20 +0500

Pakistan needs $4-6b in FDI per year to see miraculous impact on growth

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PSX falls in dull trading week

28 Aug 21 20:34:24 +0500

Benchmark index dives 463 points due to lack of positive triggers

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Inflation likely to be over 9%

28 Aug 21 20:36:10 +0500

Monthly economic report predicts imports to clock-in at $5.5b in August

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PSO receivables soar to Rs262b

28 Aug 21 20:41:11 +0500

Company faces circular debt issue due to inability of clients to pay bills timely

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No threat to Pakistan’s GSP plus status: Dawood

28 Aug 21 20:38:09 +0500

Says plan to get facility extended further, also held talks with PM

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UK govt rejects call for new visas

28 Aug 21 20:31:02 +0500

Firms seek relief to ease post-Brexit truck driver shortage

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S&P 500, Nasdaq nab all-time closing highs

28 Aug 21 20:25:28 +0500

US Fed chairman soothes fears over tapering timetable

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Bank liabilities outgrow assets in FY21

28 Aug 21 20:21:23 +0500

Bank borrowing from SBP, inter-bank channels shoots 43.6% to Rs4.26tr in FY21

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PSO receivables soar to Rs362b

28 Aug 21 20:41:11 +0500

Company faces circular debt issue due to inability of clients to pay bills timely

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Oil jumps as storm approaches Gulf of Mexico

27 Aug 21 14:19:47 +0500

Crude contracts on track for over 10% rise as energy firms halt production in Gulf of Mexico

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Market watch: KSE-100 posts loss for 4th successive session

27 Aug 21 15:47:36 +0500

Benchmark index falls 226.74 points to settle at 47,136.53

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PC Board allows Services Hotel sell-off

27 Aug 21 19:49:26 +0500

Also clears 12 bidders to bid for an iconic building of Islamabad

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OCAC demands separate policy for OMCs

27 Aug 21 19:55:21 +0500

Says it will help address issues of periodic margins and investment in infrastructure

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Indus Motor’s profit soars 152% to Rs12.8b

27 Aug 21 19:57:34 +0500

Increase comes on back of rise in other income, dip in other operating expenses

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FBR top officers shuffled again

27 Aug 21 20:01:15 +0500

New chairman reveals his core squad to achieve Rs5.8 trillion revenue target

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PIA losses go down 31.5% to Rs25b

27 Aug 21 20:05:16 +0500

Net revenue in Jan-Jun 2021 almost halves as airline halts flights on major routes

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Stocks rise as US Fed cautious on stimulus withdrawal

27 Aug 21 19:52:47 +0500

Fed chief Powell said US economy continued to recover despite impact of Covid-19

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Rupee strengthens against dollar

27 Aug 21 20:16:18 +0500

Rupee strengthens against dollar

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Car financing soars to record high in July

27 Aug 21 20:11:38 +0500

More consumers turn to borrowing in wake of hefty interest rate cut

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Cheap energy vital to keep the wheels of industry turning

27 Aug 21 20:14:20 +0500

SBP MD regrets Pakistan’s solar energy potential not fully tapped

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Mobile phone exports likely to cross $1b

27 Aug 21 20:06:51 +0500

Dawood says ‘Made in Pakistan’ philosophy is only way forward

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SPI increases 0.22%

27 Aug 21 20:17:28 +0500

SPI increases 0.22%

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Pakistan, Qatar to strengthen ties

27 Aug 21 20:18:32 +0500

Pakistan, Qatar to strengthen ties

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Market watch: KSE-100 extends losses in range-bound session

26 Aug 21 14:33:54 +0500

Benchmark index falls 272.63 points to settle at 47,363.27

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Foreign exchange: SBP reserves fall $47m to $17.58b

26 Aug 21 14:42:08 +0500

Decrease comes on account of debt repayments

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Oil rally ends amid Covid concerns, returning Mexico supply

26 Aug 21 14:17:36 +0500

Earlier, a fire on a Mexican offshore platform knocked out over 400,000 bpd of production

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Big names involved in oil crisis

26 Aug 21 19:50:25 +0500

Involved parties putting pressure, FIA tells cabinet body on energy

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Mari Petroleum’s profit rises 3.7% to Rs31b

26 Aug 21 19:55:34 +0500

Company declared final dividend of Rs75 per share, taking total payout to Rs141 for FY21

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Pakistan, Russia to finish PGSP on time

26 Aug 21 19:57:50 +0500

Both sides voice hope the scheme will strengthen bilateral relations

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Govt makes heavy interest payments

26 Aug 21 19:59:49 +0500

Overall budget deficit remains at Rs3.4tr or 7.1% of GDP in last fiscal year

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Policy to boost per acre wheat production in the works

26 Aug 21 20:04:37 +0500

Food minister says government will also announce minimum support price before sowing season

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SBP reserves fall $47m to $17.58b

26 Aug 21 20:01:16 +0500

Decrease comes on account of debt repayments

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Local cellphone production beats imports

26 Aug 21 20:02:33 +0500

Development shows positive response to PTA’s device authorisation policy

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South Korea to enhance financing to $1b

26 Aug 21 20:03:37 +0500

Exim Bank will help implement new road infrastructure, healthcare and IT projects

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Rupee recovers partially vs dollar

26 Aug 21 20:30:46 +0500

Rupee recovers partially vs dollar

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UK facing supply crunch due to Covid and Brexit

26 Aug 21 19:56:37 +0500

Factories, restaurants and supermarkets seek government help ahead of Christmas

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Oil steadies near $71 after two-day rally

25 Aug 21 13:58:40 +0500

Both contracts rose by about 8% over last two days

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Market watch: Rupee depreciation pulls KSE-100 down

25 Aug 21 15:01:05 +0500

Benchmark index falls 192.81 points to settle at 47,635.90

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Govt seeks to cut power subsidies

25 Aug 21 20:21:26 +0500

Monetary and Fiscal Policies Coordination Board also discusses scaling back grants

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SBP to launch Roshan Apna Ghar scheme this week

25 Aug 21 20:27:25 +0500

Programme will enable non-resident Pakistanis to acquire properties in their home country

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97% work on Pak-Afghan transit trade deal completed

25 Aug 21 20:31:11 +0500

Commerce secretary says all trade-related issues with Afghanistan have been settled

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Pakistan to import more wheat, sugar

25 Aug 21 20:33:50 +0500

Government allows import of both commodities at highest prices to meet shortfall

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Govt aims to take exports to record high by 2023

25 Aug 21 20:36:39 +0500

Commerce adviser says improvement in ease of doing business ranking will boost exports, increase investment

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Rupee loses further ground, closes at 166.28

25 Aug 21 20:35:34 +0500

Currency has depreciated 8.4% since hitting high of 152.28 in May 2021

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KCR groundbreaking to take place in Sept

25 Aug 21 20:42:23 +0500

Asad Umar reviews status of Karachi Circular Railway, freight corridor projects

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Engro to invest in telecom infrastructure

25 Aug 21 20:39:37 +0500

Sets up platform focused on connectivity, infrastructure-related initiatives

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Govt defers approval of new IGCEP

24 Aug 21 03:35:09 +0500

K-P, Punjab raise issues of adverse impact of plan on relations with China, growth

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More power import from Iran likely

24 Aug 21 03:38:55 +0500

Earlier plan to buy additional 100MW from neighbour hit a snag due to US sanctions

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IMF may resume loan programme next month

24 Aug 21 04:05:22 +0500

Two sides likely to reach some compromise on increasing energy prices, tax revenue

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Business confidence rises significantly

24 Aug 21 04:13:54 +0500

Pakistan reaping fruits of measures taken by SBP, govt in challenging times

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Tarin expresses satisfaction over PSX progress

24 Aug 21 04:20:38 +0500

Discusses with stakeholders matters pertaining to capital market and its development

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Govt to introduce cotton cluster villages

24 Aug 21 04:20:35 +0500

Food minister says latest farming techniques will be used to encourage other farmers

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PCJCCI seeks to boost halal meat export to China

24 Aug 21 04:32:07 +0500

Says Pakistan can earn foreign exchange by promoting its highquality meat

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SBP fully digitises forex approval system

24 Aug 21 04:35:19 +0500

Forex-focused scheme lends support to ease of doing business in Pakistan

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State Bank of Pakistan receives $2.75 billion from IMF

24 Aug 21 06:56:47 +0500

Receipt is expected to the countrys foreign currency reserves to all-time high of $20.4 billion

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Market watch: KSE-100 falls despite positive triggers

24 Aug 21 14:37:59 +0500

Benchmark index dives 283.50 points to settle at 47,828.71

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Senate panel to discuss LNG issues

24 Aug 21 19:43:28 +0500

Will look into import of expensive gas, hurdles faced by private sector

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Engro Corp’s profit soars 46.5% to Rs14.3b

24 Aug 21 19:51:27 +0500

Substantial increase in earnings from subsidiaries prop up company’s profit

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K-P businessmen seek removal of property tax

24 Aug 21 19:55:14 +0500

Also urge government to review decision regarding minimum wage

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Tarin stresses need for cut in cement prices

24 Aug 21 20:03:17 +0500

Says cement sector helped trigger V-shaped economic recovery in testing times

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Senate panel briefed on Hascol fiasco

24 Aug 21 20:04:35 +0500

Regulators confirm wrongdoings by firm, say criminal proceedings will begin soon

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Rupee touches 11-month low level

24 Aug 21 20:10:25 +0500

Drops to Rs165.20 against dollar despite significant foreign inflows from IMF

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Startup segment booms with record investment

24 Aug 21 20:08:08 +0500

Digital ledger operator raises $30m in funding round

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Govt to construct information highways

24 Aug 21 20:06:25 +0500

Alvi says leadership will extend reach of people to new 4G technologies

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Australian envoy for boosting direct linkages

24 Aug 21 20:12:12 +0500

Says Pakistan should convince investors to set up modern and hi-tech industries

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Steps underway to facilitate investors

24 Aug 21 20:20:24 +0500

Steps underway to facilitate investors

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Pakistan up 59 points in Business Confidence Index: PM

23 Aug 21 11:58:43 +0500

Premier says OICCI members confidence stands at 34 per cent after a 108 per cent increase

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Oil jumps 3% on weaker dollar after seven days of losses

23 Aug 21 14:52:43 +0500

Market overlooked demand concerns stoked by rising cases of Delta coronavirus variant

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Market watch: Index-heavy sectors drive KSE-100’s rise

23 Aug 21 15:08:56 +0500

Benchmark index surges 512.39 points to settle at 48,112.21

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Building new economic partnership

22 Aug 21 18:59:04 +0500

If more border-crossing points are opened, Pak-Afghan trade can surpass $5b

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Afghan situation and Pakistan’s economy

22 Aug 21 19:00:29 +0500

Entire region will prosper if durable peace is established in Afghanistan

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Islamic banking – delivering on the promise

22 Aug 21 19:00:30 +0500

Risk avoidance by banking system makes it highly inaccessible for SMEs

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The politics of climate change

22 Aug 21 19:00:30 +0500

Greenhouse gas emitters should be accountable to those impacted by global warming

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CASA-1000 project terms may be renegotiated

22 Aug 21 19:00:31 +0500

Energy export price can be set at more reasonable 3 US cents per kWh

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Toyota Corolla global sales surpass 50 million mark

22 Aug 21 12:47:35 +0500

The iconic sedan is recognised as one of the best selling cars of all time

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Auto industry to usher in growth

21 Aug 21 18:25:57 +0500

Country has advantage over other markets in terms of investment environment

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Experts urge normalising trade with Afghanistan

21 Aug 21 18:40:25 +0500

Caution against waiting for reaction of other countries, call for taking cues from China, Russia

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Neglect caused FBR cyber-attack

21 Aug 21 18:38:47 +0500

Incident weakens govt’s case for holding next general elections through EVM

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Stocks recoup losses in short week

21 Aug 21 18:37:37 +0500

Overall investor sentiments remain mixed as traded volumes, value decline

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REER improves to 99.42 point

21 Aug 21 18:36:15 +0500

Recovery in real effective exchange rate will help narrow trade deficit

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Pricey LNG deals on radar

21 Aug 21 18:41:45 +0500

PLL asked for details regarding procurement and contracts of LNG

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Taiwan says sees ‘balance’ in auto chip supplies by Q4

21 Aug 21 18:43:06 +0500

Taiwan says sees ‘balance’ in auto chip supplies by Q4

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Mexico wants talks with US

21 Aug 21 18:46:00 +0500

Mexico wants talks with US

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GM expands Chevy Bolt EV recall

21 Aug 21 18:44:43 +0500

GM expands Chevy Bolt EV recall

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Oil heads for 6% weekly drop as Delta variant spreads

20 Aug 21 12:45:58 +0500

Prices near three-month lows as fresh lockdowns dampen outlook for fuel demand

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Foreign exchange: SBP reserves rise $3m to $17.6b

20 Aug 21 14:01:53 +0500

Central bank cites no reason for increase

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Market watch: Stocks close week on bullish note

20 Aug 21 13:54:43 +0500

Benchmark KSE-100 index surges 341.37 points to settle at 47,599.82

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CPEC SEZs open for third countries as well

20 Aug 21 19:44:56 +0500

BOI secretary stresses high-quality investment in Pakistan will enhance B2B, P2P cooperation

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SBP to give Rs83m in interest-free loans

20 Aug 21 20:04:42 +0500

SBP approved Rs82.6 million in interest-free loans for deserving students for their studies in Pakistan

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Current account remains in deficit

20 Aug 21 19:52:33 +0500

Balance stands at negative $773 million in July 2021 in wake of spike in imports

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FBR issued notices to be withdrawn

20 Aug 21 19:54:00 +0500

Finance minister says any future notices will be issued by third party auditors after due diligence

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Pakistan mulls funding options to kick off PSGP

20 Aug 21 19:56:12 +0500

Considers borrowing from foreign creditors to ease burden on reserves

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SBP reserves rise $3m to $17.6b

20 Aug 21 20:00:37 +0500

Central bank cites no reason for increase

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Rupee weakens against dollar

20 Aug 21 20:01:50 +0500

Rupee weakened against the US dollar at Rs164.18

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Oil heads for 7% weekly slide as Delta variant spreads

20 Aug 21 19:48:24 +0500

United States, China impose tit-for-tat flight capacity restrictions

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Timely establishment of SEZs urged

20 Aug 21 19:55:08 +0500

ICCI chief says it will help economy reap benefits and grow

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Govt to promote regional trade

20 Aug 21 20:03:15 +0500

The adviser said that a visit to Nigeria had been planned in November for trade and investment

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Half a trillion dollars wiped from China markets

20 Aug 21 19:50:08 +0500

Unrelenting series of Chinese regulatory crackdowns crush investors’ confidence

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The curse of the pink-demic

20 Aug 21 14:22:55 +0500

One of the forms of discriminations against women is selling products marketed to women at higher rates

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Pak-Afghan trade picks up as Taliban seize control

19 Aug 21 18:06:34 +0500

Pakistani official says commercial traffic between the two countries increased after fall of Kabul on Sunday

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‘Ties with Italy at all-time high’

18 Aug 21 16:12:35 +0500

Envoy says remittances from Italy to Pakistan hit fresh peak of $601m in FY21

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Steel rebar prices rise once again

18 Aug 21 19:26:50 +0500

Increase in international scrap prices makes commodity costly in local market

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Global chip shortage hits Pakistan

18 Aug 21 19:19:19 +0500

Affects consumers looking to buy cars, install solar panels

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Airlift secures $85m in series B financing

18 Aug 21 19:28:22 +0500

New funding is one of the largest financing in MENA region

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Finance ministry to resolve SSGC, PSM dispute

18 Aug 21 19:29:51 +0500

Will issue letter of comfort to gas utility company to withdraw litigation against PSM

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Carpet industry wary of Afghan situation

18 Aug 21 19:31:04 +0500

Manufacturers speculate impact on import of semi finished material from Afghanistan

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Top bankers move to EU from Britain

18 Aug 21 18:43:59 +0500

UK fully left EUs orbit in Dec 2020 by which many banks and other financial firms had relocated

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Asian markets rally despite virus woes

18 Aug 21 18:42:57 +0500

Investors engage in bargain hunting despite losses on Wall Street, surge in Delta variant cases

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Japan sees peril in US chip hub to counter China

18 Aug 21 18:46:06 +0500

Fears China, US will dominate global chip making, hopes to create Asian data centre hub to spur demand

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Huawei will return to smartphone ‘throne’

18 Aug 21 18:45:05 +0500

Chairman remains confident despite crippling sanctions

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Carpet industry wary of Afghan situation

18 Aug 21 19:31:04 +0500

Manufacturers speculate impact on import of semi finished material from Afghanistan

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Market watch: Stocks bounce back, recoup losses

17 Aug 21 15:20:41 +0500

Benchmark KSE-100 index rises 345.66 points to settle at 47,258.45

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Govt restructures SIDCL board

17 Aug 21 18:56:43 +0500

Appoints 2 directors, de-notifies 5 others from board

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Oil eases as demand hopes dampen

17 Aug 21 19:00:18 +0500

Amid weak Asian data, more lockdowns, OPEC believes market does not need more

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EV start-ups hunt for low-cost options

17 Aug 21 19:01:49 +0500

Some firms opt for small plants that are light on expensive equipment

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FDI slows to eight-month low

17 Aug 21 19:04:20 +0500

Amounts to $89.9 million in July as foreign projects record outward payments

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Exporters lament soaring input costs

17 Aug 21 19:05:41 +0500

Request government to allow import of cotton, cotton yarn from India

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Pakistan keen to promote trade ties with Korea

17 Aug 21 19:06:45 +0500

Tarin, Korean envoy discuss economic potential between both countries

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Rupee strengthens against dollar

17 Aug 21 19:10:37 +0500

SBP let the rupee depreciate massively in the inter-bank market

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Govt takes steady start for import of wheat

17 Aug 21 19:07:48 +0500

Faces challenge of high global prices, coupled with sliding value of rupee

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More German investors to invest in Punjab

17 Aug 21 19:09:10 +0500

Provincial minister assures ambassador of all possible support

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Inflation threat looms

16 Aug 21 04:34:45 +0500

Flexible exchange rate may fuel imported inflation that has been on rise since March

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Market economy, govt regulations

16 Aug 21 04:40:01 +0500

Too many regulations will stifle economic activity, will be difficult to enforce

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Outlook brightens for auto sector amid rising sales

16 Aug 21 04:48:39 +0500

Stakeholders show optimism about further growth in sales numbers in coming months

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IT package sparks optimism for economy, exports

16 Aug 21 04:55:41 +0500

Experts call for transparency in implementation for fair allocation of funds

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Dawood hopes country’s exports to reach $50 billion in FY 2023

16 Aug 21 08:26:15 +0500

Country would soon begin exporting its own indigenously manufactured durable goods such as mobile and motorcycle

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Market watch: Stocks fall below 47,000-point mark

16 Aug 21 13:33:16 +0500

Benchmark index drops 257.05 points to settle at 46,912.79

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Tarin mulls options on FBR hack

16 Aug 21 20:18:22 +0500

Decides to review report and take third-party view before taking action

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ECC extends power subsidies

16 Aug 21 20:12:48 +0500

Approves support for five export-oriented sectors, defers aid for farmers

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Auto manufacturers seek cut in duties

16 Aug 21 20:16:08 +0500

PAAPAM urges govt to waive additional levies on imports in new auto policy

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Govt awards five exploration blocks to OGDC

16 Aug 21 20:19:56 +0500

Energy minister says it will enhance investment in petroleum sector

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RDA inflows cross $2 billion

16 Aug 21 20:24:08 +0500

Receipts have helped strengthen external economy, support reserves

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Rupee weakens against dollar

16 Aug 21 20:26:33 +0500

SBP let the rupee depreciate massively

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State Bank introduces scheme for SMEs

16 Aug 21 20:25:18 +0500

Aims to improve access to finance for small businesses

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Govt to start work on steel policy in September

16 Aug 21 20:17:07 +0500

Will introduce framework for long-term financing

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‘Pakistan has reversed de-industrialisation’

16 Aug 21 20:22:53 +0500

Commerce adviser says govt’s pro-industry policies contributed to growth in LSM sector

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FBR reels under a major ‘cyberattack’

15 Aug 21 04:53:19 +0500

Data centre compromised, all websites down since 2am Saturday

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Taliban gains unnerve investors

14 Aug 21 19:33:53 +0500

Raise concerns about impact on economies in region, particularly Pakistan

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Oil little changed as week ends

14 Aug 21 19:55:33 +0500

Weathers concerns over slowing demand due to spread of Covid variants

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Japan sees Gwadar as transit port

14 Aug 21 19:57:57 +0500

Japanese envoy says Pakistan needs 5 years to bring it at par with global ports

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OGRA proposes hike in diesel, petrol prices

14 Aug 21 19:59:22 +0500

Cites fluctuation in global oil prices as reason for increase

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NCCPL notifies reduction in capital gains tax

14 Aug 21 20:00:45 +0500

Rate of 12.5% will now be charged on sale of shares on profit

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Lacklustre week drags PSX downward

14 Aug 21 19:56:50 +0500

Concerns over rupee stability, Afghanistan situation keep investors on sidelines

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Businessmen call for stable exchange rate

14 Aug 21 20:01:50 +0500

FPCCI official says industrial expansion, growth not possible without stability of local currency

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Chinese regulator tightens scrutiny

14 Aug 21 20:03:14 +0500

Chinese regulator tightens scrutiny

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IMF ‘carefully watching’ Afghanistan, too soon to predict spillover to Pakistan

13 Aug 21 14:42:21 +0500

We stand ready to continue supporting Islamabad achieve objectives of debt sustainability, says global lender

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Market watch: KSE-100 slips on profit-taking, pandemic worries

13 Aug 21 14:41:01 +0500

Benchmark index sheds 100.92 points to settle at 47,169.84

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PSMA, sugar mills slapped with Rs44 billion fine

13 Aug 21 19:26:49 +0500

CCP imposes penalties on basis of split 2-2 decision

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Tarin looks to sell stake in Silkbank

13 Aug 21 19:52:42 +0500

PTI’s Aleem Khan offers to buy shares, deal subject to clearance by SBP

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Forex reserves to hit historic high

13 Aug 21 19:59:08 +0500

SBP governor says due to IMF inflows reserves will cross $19.5b

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NKATI laments high carrier charges

13 Aug 21 19:56:37 +0500

Increase in cost will make exports and imports from Pakistan impossible

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FINCA stresses need for diversity

13 Aug 21 19:54:24 +0500

FINCA has endeavoured to empower Pakistanis to meet their resolves

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LSM growth hits 16-year high in FY21

13 Aug 21 20:11:11 +0500

Spike comes as government’s pro-growth policies drive expansion in 10 out of 15 sectors

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Govt asked to promote SMEs in tourism

13 Aug 21 20:08:32 +0500

Officials seek subsidised financial schemes specifically for small businesses in this industry

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Traders urged to adopt forward-looking approach

13 Aug 21 20:00:25 +0500

Finance minister says it will help enhance export earnings

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SPI increases 0.61%

13 Aug 21 20:14:05 +0500

prices of six items fell and rates of remaining 27 goods recorded no change

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Rupee remains stable against dollar

13 Aug 21 20:12:50 +0500

IMF has asked Pakistan to end state control of the rupee

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Infineon sees chip shortages until 2023

13 Aug 21 19:57:45 +0500

CEO says end of shortfall depends on how fast manufacturing capacity expands

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Asian stocks drop as traders eye Fed move, Delta spread

13 Aug 21 19:55:34 +0500

Investors price in possibility of Federal Reserve withdrawing financial support

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Chaman border reopens

13 Aug 21 21:06:35 +0500

Fruitful talks between Taliban, Pakistan result in resumption of trade

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FINCA stresses need for diversity

13 Aug 21 19:54:24 +0500

FINCA has endeavoured to empower Pakistanis to meet their resolves

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Market watch: Range bound trading drags index in red

12 Aug 21 15:21:41 +0500

Benchmark KSE-100 index falls 106.62 points to settle at 47,270.76

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Market watch: Range bound trading drags index in red

12 Aug 21 15:28:24 +0500

Benchmark KSE-100 index falls 106.62 points to settle at 47,270.76

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Foreign exchange: SBP reserves fall $223m to $17.6b

12 Aug 21 13:55:17 +0500

Dip seen on back of external debt repayments, payments for Covid-19 vaccines

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US project enhances Pakistan’s renewable energy capacity

12 Aug 21 14:17:29 +0500

USAID increases wind and solar capacity by approximately 50% by leveraging over $900 million, says official statement

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Pakistan to get $2.77 billion from IMF on August 23

12 Aug 21 14:59:46 +0500

Pakistan working on reform programme to bring stability and sustainability under IMF programme, says finance minister

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Govt finds Gwadar plan lacking

12 Aug 21 19:42:20 +0500

Cabinet body on CPEC raises objections over marketing plan by Chinese operators

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Power generation hits all-time high

12 Aug 21 19:46:07 +0500

Single day record seen due to utilisation of surplus generation capacity

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Traders seek to open markets for two Fridays

12 Aug 21 19:45:05 +0500

Say upcoming holidays will suspend business activities for three days

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SBP reserves fall $223m to $17.6b

12 Aug 21 19:47:15 +0500

Dip seen on back of external debt repayments, payments for Covid-19 vaccines

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Rupee slumps to fresh 10-month low of 164

12 Aug 21 19:43:46 +0500

Rising demand for foreign currency in domestic economy drives decline

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China signals crackdowns in pipeline for businesses

12 Aug 21 19:39:52 +0500

Plans to implement tougher anti-monopoly rules and penalties over next five years

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‘Pakistan has potential in tourism’

12 Aug 21 19:48:39 +0500

‘Pakistan has potential in tourism’

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Tarin stresses on boosting e-commerce

12 Aug 21 19:50:49 +0500

Tarin stresses on boosting e-commerce

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Market watch: Strong remittances data, IT package lift PSX

11 Aug 21 16:14:43 +0500

Benchmark KSE-100 index rises 241.9 points to settle at 47,377.38

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Pakistan ups efforts on GSP plus

11 Aug 21 19:43:21 +0500

Envoys in EU increase engagements with host govts to counter Indian influence

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Senate body seeks report on hurdles in agri imports

11 Aug 21 19:55:23 +0500

Directs sub-committee to examine issues and submit report within 30 days

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Govt to borrow Rs103.8b from banks

11 Aug 21 20:01:33 +0500

PC Board allows raising debt to replace PDFL funding before LNG plants’ sell-off

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ECNEC bends to clear two mega projects

11 Aug 21 20:06:02 +0500

Approves Rs29b road project against its own decision, relaxes condition for another project

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Automobile sales surge by staggering 114% in July

11 Aug 21 20:07:31 +0500

Triple digit growth comes on back of reduction in auto financing markup, dip in auto prices

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Rupee weakens against dollar

11 Aug 21 20:23:35 +0500

Rupee weakens against dollar

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High current account deficit not worrying: Baqir

11 Aug 21 20:22:04 +0500

SBP governor says exchange rate is stable, reserves are up and deficit is sustainable

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ADB appoints new country director for Pakistan

10 Aug 21 07:29:01 +0500

Yong Ye will lead ADB’s operations, manage Resident Mission in Islamabad

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Oil rises as market shrugs off virus impact

10 Aug 21 12:52:31 +0500

Analysts believe Covid pandemic setback will not last for long

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Market watch: KSE-100 inches up in lacklustre session

10 Aug 21 14:50:55 +0500

Benchmark index rises 11.86 points to settle at 47,135.48

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Govt finalises NTC member hiring

10 Aug 21 19:30:51 +0500

Govt finalises NTC member hiring

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Balochistan introduces online tax system

10 Aug 21 19:46:38 +0500

Provincial finance minister hopes mechanism will steer transparency in system

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Govt sets up Rs10b fund for IT companies

10 Aug 21 19:53:45 +0500

Takes major initiatives to boost performance of sector

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Remittances jump to $2.71b in July

10 Aug 21 19:49:45 +0500

Modest receipts will tackle rising imports, help govt achieve economic growth target

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Sowing suffers delay as water shortage persists

10 Aug 21 19:55:00 +0500

Farmers in Sindh are sowing paddy while growers in Punjab have started harvesting rice

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Pakistan ready to export rice to China

10 Aug 21 19:57:34 +0500

New techniques developed to cultivate, improve rice production

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Rupee strengthens against dollar

10 Aug 21 19:58:39 +0500

Rupee strengthens against dollar

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ZTBL’s nosedive pauses in second quarter

10 Aug 21 19:56:25 +0500

Banks shows quarterly profit for first time in four years

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PTA issues MDM to Lucky Motor

10 Aug 21 19:59:47 +0500

PTA issues MDM to Lucky Motor

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Sowing suffers delay as water shortage persists

10 Aug 21 19:55:00 +0500

Farmers in Sindh are sowing paddy while growers in Punjab have started harvesting rice

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Policy should be outward-looking

09 Aug 21 04:43:46 +0500

Deletion programmes are major hurdle to integration into global value chains

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Moving to new industrial policy

09 Aug 21 04:49:48 +0500

Policy should be based on open trade, export orientation, value addition and innovation

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Building a new strategic relationship

09 Aug 21 04:57:05 +0500

Russia can pour big investment into energy sector, provide huge market for Pakistani goods

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Phenomenal rise in food import bill

09 Aug 21 05:02:26 +0500

It is time to develop roadmap for containing food imports which will widen trade gap

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Economic lessons taught by Covid-19 pandemic

09 Aug 21 05:13:42 +0500

Country must equip youth with new skills, technologies for growth and development

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Oil slides 4% on China virus curbs and climate warning

09 Aug 21 12:53:19 +0500

Market fears fresh restrictions in Asia can slow global recovery in fuel demand

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Market watch: Stocks dive on Covid fears, oil price rout

09 Aug 21 13:48:32 +0500

Benchmark KSE-100 index falls 366.33 points to settle at 47,123.62

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PSDP spending comes in at Rs680b

09 Aug 21 20:36:00 +0500

Govt diverted funds after ministries could not spend allocated budget in FY21

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NEPRA reserves decision on new tariff slabs

09 Aug 21 20:59:51 +0500

Govt plans to exclude over 8m consumers from subsidy programme

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Credit disbursement to agri sector increases 12%

09 Aug 21 20:58:16 +0500

Amounts to Rs1.37tr in FY21 despite Covid-19, climate change challenges

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Minister for hiring local people in Tarbela project

09 Aug 21 20:31:18 +0500

Says Tarbela 5th Extension will help meet increasing water, power needs

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Govt to intervene in food markets

09 Aug 21 20:27:17 +0500

Tarin directs food secretary to establish commodity warehouses, agricultural malls

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Rupee closes at 10-month low against dollar

09 Aug 21 20:57:02 +0500

Import pressure, slow pace of foreign currency receipts drive rupee’s fall

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Crude oil slides more than 2%

09 Aug 21 21:02:19 +0500

United Nations panel’s dire warning on climate change added to the gloomy mood

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Lucky Cement’s profit skyrockets to Rs28b

09 Aug 21 20:30:03 +0500

EPS stands at Rs70.69 for year ended June 30, 2021

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Pakistan exploring new markets for trade

09 Aug 21 20:32:18 +0500

Envoy-designate suggests export of IT products to Brunei

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Saudi Aramco looking for more deals

09 Aug 21 21:03:08 +0500

The gas pipeline stake sale will be a “copy paste” of the oil pipeline deal

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Eight items add 29% to import taxes

07 Aug 21 20:01:51 +0500

Government collected Rs62b from just energy and cooking oil products in July

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Dollar gains most in three weeks

07 Aug 21 20:08:11 +0500

US govt report showed jobs grew more than expected in July, pushing up bond yields

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SBP hits eight banks with penalties

07 Aug 21 20:06:26 +0500

Charges them for violating regulations including AML, CFT and foreign exchange rules

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Auto industry flexing muscles for price hike

07 Aug 21 20:05:13 +0500

Increase in raw material prices, cost of shipping goods will lead to rise in automobiles prices

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‘Investor facilitation will boost production’

07 Aug 21 20:03:20 +0500

Commerce adviser reviews progress on Allama Iqbal Industrial City

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PSX rebounds amid Covid uncertainty

07 Aug 21 20:00:32 +0500

Drop in inflation rate and positive macro numbers contribute to gains

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Pakistan to pursue tea plantation on commercial scale

07 Aug 21 19:59:16 +0500

Plans to cultivate tea an area of about 25,000 acres over next five years

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Huawei reports biggest ever revenue drop

07 Aug 21 19:58:09 +0500

Decline comes as US sanctions force it to sell chunk of its business

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China’s export slowdown may signal bumps ahead

07 Aug 21 19:56:55 +0500

Exports drop following outbreak of Covid-19, imports also lose momentum

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Retail coffee prices to climb

07 Aug 21 19:45:56 +0500

Devastating frost in Brazil, record freight costs to push price to multi-year highs

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Oil rises but set for weekly loss on demand worries

06 Aug 21 13:51:27 +0500

Both crude contracts have given up more than 5% this week

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Market watch: Bears continue to rule PSX

06 Aug 21 14:32:49 +0500

Benchmark KSE-100 index sheds 150.93 points to settle at 47,489.95

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Cabinet seeks to revamp PARC

06 Aug 21 19:07:39 +0500

Directs food ministry to submit plan to improve performance of research institute

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OGRA notifies RLNG prices, again

06 Aug 21 19:15:01 +0500

Increases prices for consumers by up to 2.5%

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Current account gap figures vary

06 Aug 21 19:16:30 +0500

State Bank, commerce ministry stand poles apart in deficit projection

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Pakistan to become transit hub

06 Aug 21 19:13:45 +0500

Korean envoy hints at revising visa policies for skilled workers

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NEPRA slashes tariff by Rs0.19 for June

06 Aug 21 19:17:58 +0500

Reduction made on account of monthly fuel adjustment

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Rupee weakens against dollar

06 Aug 21 19:22:31 +0500

Rupee weakens against dollar

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Brand building in textile to boost exports

06 Aug 21 19:19:10 +0500

Business forum asks govt to set up five mega textile parks to aid industry

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Pakistan receives first two sugar shipments

06 Aug 21 19:20:17 +0500

Third and final vessel is expected to reach port on August 14

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Country fares well despite Covid hurdles

06 Aug 21 19:21:20 +0500

President Alvi says focus on ease of doing business put country on recovery path

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B2B links to help enhance Pak-US trade

06 Aug 21 19:12:13 +0500

US envoy says traders from two sides can collaborate in textile, agriculture, energy

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Oil prices dive on Covid worries

06 Aug 21 19:24:40 +0500

Oil prices dive on Covid worries

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SPI increases 0.12%

06 Aug 21 19:23:33 +0500

SPI increases 0.12%

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NEPRA slashes tariff by Rs0.19 for June

06 Aug 21 19:17:58 +0500

Reduction made on account of monthly fuel adjustment

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Foreign exchange: SBP reserves rise $16m to $17.8b

05 Aug 21 12:47:29 +0500

Central bank cites no reason for increase

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Oil rises on Mideast tensions but virus concerns weigh

05 Aug 21 13:18:19 +0500

Fears over recovery of global oil demand grew amid surge in coronavirus cases

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Market watch: KSE-100 snaps three-day winning streak

05 Aug 21 14:30:10 +0500

Benchmark index falls 149 points to settle at 47,640.88

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E&P firms warn of halt in investment

05 Aug 21 19:22:06 +0500

Say inflows into LPG plants may stop due to tax relief on imports

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Asim Bajwa wins kudos for advancing CPEC

05 Aug 21 19:42:40 +0500

Plays vital role in making Gwadar port functional, expanding road network

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PIA outlines progress on business plan

05 Aug 21 19:46:35 +0500

NA panel reviews CAA performance, its revenues and expenses

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FBR removes officials on misconduct

05 Aug 21 19:49:35 +0500

Dismissal of 29 people comes amid resistance from within tax machinery

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Rupee strengthens against dollar

05 Aug 21 19:41:22 +0500

Rupee strengthens against dollar

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Textile exporters demand PNSC revival

05 Aug 21 19:57:19 +0500

Say it will help resolve problems arising from cartelisation of foreign cargo services

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Details on circular debt sought

05 Aug 21 19:56:07 +0500

Senate panel also recommends slashing workforce in govt-owned power generation companies

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SBP reserves rise $16m to $17.8b

05 Aug 21 19:51:49 +0500

Central bank cites no reason for increase

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Pakistan receives $1.87b through RDA

05 Aug 21 19:54:54 +0500

Inflows expected to reach $3.5-4b over next four to five months

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Pakistan, Oman eager to cooperate in diverse sectors

05 Aug 21 19:43:51 +0500

Oman Chamber chief speaks about long-term visa for Pakistan investors, tax incentives

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Pakistan closer to securing WB loan

04 Aug 21 05:17:59 +0500

Tarin assures Schafer remaining conditions for $800m will be met in a month

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Oil prices fall as Delta variant spread weighs

04 Aug 21 13:41:55 +0500

US, China grapple with rapidly spreading outbreaks of highly contagious Covid variant

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Market watch: Bull-run enters third day at PSX

04 Aug 21 13:24:09 +0500

Benchmark KSE-100 index crawls up 31.56 points to settle at 47,789.88

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K-E seeks policy for high loss areas

04 Aug 21 19:16:45 +0500

Wants to push up electricity tariff for areas having high line losses and theft

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New LPG policy favours importers

04 Aug 21 19:59:20 +0500

Petroleum Division recommends removal of advance tax on imports in proposed policy

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U-turn on IPPs to cause hefty loss

04 Aug 21 20:04:54 +0500

Decision may dent reputation, force govt to pay Rs22b in arbitration awards

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FDI in OMC sector under threat

04 Aug 21 20:06:22 +0500

Prolonged probe into June 2020 oil crisis hindering investment

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Pakistan to terminate 23 bilateral investment treaties

04 Aug 21 20:07:24 +0500

Decision aimed at avoiding international arbitration with foreign firms

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Rupee strengthens against dollar

04 Aug 21 20:10:01 +0500

Rupee strengthens against dollar

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Pakistan, World Bank discuss circular debt

04 Aug 21 20:08:50 +0500

Azhar informs team about plans to expand existing transmission capacity

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Oil falls on US crude stock build

04 Aug 21 20:01:01 +0500

Oil falls on US crude stock build

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Oil rises as markets expect further fall in inventories

03 Aug 21 13:03:56 +0500

Brent crude has risen more than 40% since the beginning of the year

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Market watch: Positive news flow adds over 300 points to KSE-100

03 Aug 21 14:35:32 +0500

Benchmark index advances 0.64% to settle at 47,758.32

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FBR moves against retailers

03 Aug 21 20:15:18 +0500

Decides to deny 60% refund claims to retailers resisting integration with tax system

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OGRA withdraws LNG tariff hike

03 Aug 21 20:18:35 +0500

PSO informs regulator it has already cancelled tender

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IMF approves $2.8b in fresh funds for Pakistan

03 Aug 21 20:25:02 +0500

Inflows will help country to combat challenges arising from Covid-19

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Finance minister reviews fertiliser supply

03 Aug 21 20:19:45 +0500

Emphasises that the government was committed to facilitating the poor farmers

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NEPRA reserves decision on K-Electric petition

03 Aug 21 20:27:06 +0500

Power utility seeks tariff hike of Rs6.52 per unit

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China to set up $15b oil complex

03 Aug 21 20:23:41 +0500

Consortium of Chinese state-owned firms shows interest to invest in Pakistan

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SNGPL MD promises smooth gas supply to industry

03 Aug 21 20:22:15 +0500

Takes notice of delay in implementation of court orders by SNGPL regional offices

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Pakistan, Japan discuss investment avenues

03 Aug 21 20:26:04 +0500

Envoy cites food processing, auto as potential sectors for investment

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India wants Tesla entry to benefit local firms

03 Aug 21 20:20:58 +0500

Auto parts makers say any foreign entry to be welcomed as long as it promotes localisation

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Cement sales contract 19%

03 Aug 21 20:31:04 +0500

Heavy rains, closure of industries for Eid holidays push down demand in July

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Rupee weakens against dollar

03 Aug 21 20:33:18 +0500

Rupee weakens against dollar

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Chip stocks at ‘historic low’

03 Aug 21 20:36:27 +0500

Chip stocks at ‘historic low’

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Private sector as partner in SDGs

02 Aug 21 03:56:33 +0500

For meeting SDGs, the sector can be facilitated via institutional platforms

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Power supply chain – an analysis

02 Aug 21 04:07:00 +0500

Outages signal fragile supply chain, though generation capacity stands at 38,719MW

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Importance of developing debt markets

02 Aug 21 04:13:07 +0500

Bond markets offer avenue for financing budget deficit in noninflationary way

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Creative economy of Gilgit-Baltistan

02 Aug 21 04:17:40 +0500

People of region need to be given opportunities to play constructive role in creative industries

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Prospects of National Electricity Plan

02 Aug 21 04:23:16 +0500

Positive aspect of NEP is inclusion of security of supply and indigenisation

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Rupee hits nine-month low at 163.35

02 Aug 21 08:56:21 +0500

Dip in interbank partly due to increase in domestic demand for foreign currency

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Oil hit by concern over Chinese economy, higher supply

02 Aug 21 12:29:47 +0500

Output from OPEC rose in July to its highest since April 2020

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Market watch: Bearish spell ends with 398-point rise at PSX

02 Aug 21 13:37:22 +0500

Benchmark KSE-100 index advances 0.85% to settle at 47,453.25

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Inflation slows to 8.4% in July

02 Aug 21 19:47:23 +0500

Falls to lowest level in nine months despite hike in prices of household items

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Govt to build strategic reserves of essential items

02 Aug 21 19:54:15 +0500

Tarin says move will ensure timely availability of basic commodities

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Neelum-Jhelum project to sell power at Rs9.1 per unit

02 Aug 21 19:51:44 +0500

High tariff being charged to pay interest on debt, repay loan

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Exports climb to highest level in July

02 Aug 21 19:50:24 +0500

Rupee depreciation, opening of economies in West helped improve exports

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OGRA raises LNG price by 5.59% for August

02 Aug 21 19:45:57 +0500

Regulator allows increase in tariff for SNGPL, SSGC consumers

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Petrol sales soar to record high in July

02 Aug 21 19:44:51 +0500

Increase comes on back of growth in automobiles on roads

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Govt urged to fix poultry meat, raw material costs

02 Aug 21 19:43:31 +0500

Association seeks exemption from duties and taxes

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Senate body irked over car prices

02 Aug 21 19:33:18 +0500

Committee members say price reduction not in line with tax relief availed

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Exports climb to highest level in July

02 Aug 21 19:50:24 +0500

Rupee depreciation, opening of economies in West helped improve exports

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Senate body irked over car prices

02 Aug 21 19:33:18 +0500

Committee members say price reduction not in line with tax relief availed

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Govt jacks up petrol price by Rs1.71 per litre

01 Aug 21 04:38:27 +0500

HSD and LDO will continue to be sold at same rates

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Rejoinder: FBR issues clarification

31 Jul 21 09:48:40 +0500

FBR issues clarification

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PML-N demands probe into ‘the most expensive LNG purchase’

31 Jul 21 12:54:31 +0500

International media report validates opposition’s claim of alleged embezzlement in procurement of LNG, says Shehbaz

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FBR clarifies appointment of Aneeq Khawar

31 Jul 21 09:48:40 +0500

Says hiring is result of invitation from finance minister to help government broaden tax net

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Textile giant stresses revival of cotton output

31 Jul 21 20:20:19 +0500

Official suggests measures such as application of laser land levelling, promotion of seeds

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Body to push economic diplomacy

31 Jul 21 20:24:29 +0500

Besides CPEC, steering committee will also work in areas critical for bilateral ties

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Traders demand competitive policy rate

31 Jul 21 20:26:14 +0500

Criticise central bank for maintaining policy rate at 7% despite fall in inflation level

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Short-term debt hits eight-month high

31 Jul 21 20:27:45 +0500

Reliance on short-term borrowing rising since last three successive months

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Delta variant fear rattles stock market

31 Jul 21 20:23:06 +0500

Investors remain cautious and continue to weigh impact of fourth wave on economy

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FBR chief for speedy resolution of issues

31 Jul 21 20:31:37 +0500

Meets Sarhad Chamber delegation to discuss hurdles facing traders

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Monetary policy to remain flexible

31 Jul 21 20:34:01 +0500

Monetary policy to remain flexible

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Oil prices fall, but on track for weekly gain

30 Jul 21 13:01:31 +0500

Both benchmark contracts are headed for gains of around 2% for the week

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Market watch: Stocks falter amid fresh Covid restrictions

30 Jul 21 14:40:04 +0500

Benchmark KSE-100 index dips 257.04 points to settle at 47,055.29

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NEPRA slashes power tariff by Rs0.07 per unit

30 Jul 21 17:19:34 +0500

Reduction in price will not apply to K-E, lifeline consumers

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Facebook Marketplace opens new avenue for Pakistanis

30 Jul 21 19:19:42 +0500

Commerce adviser says such opportunities during Covid-19 can be a lifeline for micro enterprises

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Govt puts AEDB CEO hiring on hold

30 Jul 21 19:13:42 +0500

Directs Power Division to expedite process for merger with PPIB

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Can producer’s profit soars to Rs387m

30 Jul 21 19:28:07 +0500

Spike comes in wake of surge in sales, decline in finance cost

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FBR exceeds July target by Rs68b

30 Jul 21 19:30:19 +0500

Growth comes on back of massive tax collection at import stage

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‘Made in Pakistan’ EVs to be launched soon

30 Jul 21 19:32:55 +0500

Overseas Pakistanis to roll out first vehicle in three to four months

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Pakistan to auction oil, gas blocks by year-end

30 Jul 21 19:36:13 +0500

Move will lead to increase in production, less reliance on imports

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Envoy calls for boosting exports to North Africa

30 Jul 21 19:34:59 +0500

Says region provides opportunity for expanding trade, economic ties

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Call to deepen business ties with Ethiopia, Niger

30 Jul 21 19:29:12 +0500

Envoy to Ethiopia underscores need for focusing on marketing of Pakistani goods

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SPI edges up 0.03%

30 Jul 21 19:41:14 +0500

During week, average prices of 23 items rose in selected basket of goods

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Rupee weakens against dollar

30 Jul 21 19:42:18 +0500

Rupee weakens against dollar

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Oil edges higher on inventory drawdowns, Brent tops $75 a barrel

29 Jul 21 13:12:35 +0500

Prices receive support from Iran blaming US for pausing nuclear talks

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Foreign exchange: SBP reserves fall $221m to $17.8b

29 Jul 21 14:22:28 +0500

Central bank cites no reason for decrease

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Market watch: Soaring Covid tally sparks volatility at bourse

29 Jul 21 14:48:12 +0500

Benchmark KSE-100 index inches down 5.7 points to settle at 47,312.33

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IESCO chief hiring draws concern

29 Jul 21 17:54:43 +0500

Cabinet members express reservations about his past performance

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Engro Fertilisers’ profit surges 24% to Rs4.8b

29 Jul 21 18:55:09 +0500

Rise in other income, drop in finance cost steer increase in earnings

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Industrialists demand fool-proof commercial arbitration

29 Jul 21 18:58:04 +0500

Say it will lead to development of foreign investment ecosystem, international trade

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Asian markets rally after Fed meeting

29 Jul 21 18:56:46 +0500

Asian markets rally after Fed meeting

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Pakistan eyes $87b worth of inflows

29 Jul 21 18:59:27 +0500

Estimate is based on assumption that IMF programme will continue

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Govt looks to Central Asia, Afghanistan for exports

29 Jul 21 19:01:01 +0500

TDAP official shares plans to promote Pakistan’s trade through various initiatives

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Local assembly of EV expected to start this year

29 Jul 21 19:03:57 +0500

Minister stresses need for setting up accessible charging infrastructure network

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SBP reserves fall $221m to $17.8b

29 Jul 21 19:02:49 +0500

Central bank cites no reason for decrease

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Honda Atlas goes from loss to profit

29 Jul 21 19:04:59 +0500

Rebound witnessed on back of rise in sales, other income

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Finance minister reviews auto policy draft

29 Jul 21 19:06:06 +0500

Says availability of cars at affordable rates is top priority

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Rupee strengthens against dollar

29 Jul 21 19:07:31 +0500

Rupee strengthens against dollar

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PM aide for diversifying trade

29 Jul 21 19:08:32 +0500

PM aide for diversifying trade

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Oil rises on inventory drawdowns

29 Jul 21 19:09:53 +0500

Oil rises on inventory drawdowns

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IMF revises up Pakistan’s real GDP growth rate to 3.9%

28 Jul 21 05:27:13 +0500

Reports says projections are revised up for the MEast and CAsia due to robust activity in some countries

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Finance ministry declines funds for Covid jabs

28 Jul 21 04:40:09 +0500

Advises health ministry to get $393m loan for coronavirus vaccines

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Oil nears $75 as US inventory drop counters virus concerns

28 Jul 21 13:21:19 +0500

Crude oil has risen 44% this year helped by demand recovery and supply curbs by OPEC+

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Market watch: KSE-100 slumps in line with global markets

28 Jul 21 13:15:14 +0500

Benchmark index dives 368.96 points to settle at 47,318.03

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NEPRA slashes power tariff by Rs0.21

28 Jul 21 19:51:09 +0500

Rejects CPPA-G petition to raise tariff under monthly fuel cost adjustment

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Senate body discusses power theft by police, politicians

28 Jul 21 19:53:26 +0500

Committee chief says staff of distribution firms is complicit in this activity

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Govt to share tax record with NADRA

28 Jul 21 19:57:36 +0500

May promulgate presidential ordinance to hand over record of 3m taxpayers

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Foreign investors satisfied with security environment

28 Jul 21 19:59:15 +0500

Express some concern over street crimes in Karachi, other cities

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High-speed internet to boost work from home

28 Jul 21 19:54:51 +0500

Study finds high productivity can increase US economic output by $160b per year

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Banks approve housing loans worth Rs45b

28 Jul 21 20:04:43 +0500

Baqir said financial institutions have disbursed Rs5.8b so far

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Rupee weakens against dollar

28 Jul 21 20:08:17 +0500

Rupee weakens against dollar

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Nigeria keen to bolster trade ties with Pakistan

28 Jul 21 20:00:54 +0500

Envoy cites agriculture, pharmaceutical, tourism as potential areas of cooperation

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KCCI decries 43% hike in minimum wage

28 Jul 21 20:06:13 +0500

Says higher wages will affect cost of manufacturing of export industries

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Volkswagen agrees $3b tender offer

28 Jul 21 20:09:32 +0500

Volkswagen agrees $3b tender offer

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Monetary policy SBP keeps interest rate unchanged at 7%

27 Jul 21 12:02:58 +0500

Announcement in line with market expectations

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Pakistan hopes Saudi Arabia will ease travel curbs amid ‘improved situation’

27 Jul 21 07:15:19 +0500

Islamabad, Riyadh also agree to establish Saudi-Pakistan Supreme Consultative Council for enhancing economic ties

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Oil edges higher as tight supply outweighs virus spread

27 Jul 21 14:12:53 +0500

Prices held ground even after US issued travel warnings to Spain, Portugal due to rising virus cases

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Pakistan hopes Saudi Arabia will ease travel curbs amid ‘improved situation’

27 Jul 21 07:15:19 +0500

Islamabad, Riyadh also agree to establish Saudi-Pakistan Supreme Consultative Council for enhancing economic ties

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Market watch: KSE-100 flat as investors wary of monetary policy

27 Jul 21 15:05:13 +0500

Benchmark index edges up 14.31 points to settle at 47,686.99

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Saudi Arabia urged to facilitate return of 400,000 Pakistani workers

27 Jul 21 07:15:19 +0500

Issue was flagged by both PM Imran and FM Qureshi in separate meetings with visiting Saudi foreign minister

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Knitwear share in total exports may rise to 20%

27 Jul 21 20:09:22 +0500

PHMA chief coordinator demands restoration of zero-rating facility for textile sector

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Pakistan to begin mobile phone export by Jan 2022

27 Jul 21 20:10:50 +0500

NA panel grills commerce ministry over absence of secretary

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Tarin’s confidant made chief of tax committee

27 Jul 21 20:08:00 +0500

Finance minister’s close associate has been assigned task of integrating 500,000 POS with FBR system

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SBP leaves policy rate on hold

27 Jul 21 20:06:16 +0500

Maintains status quo to keep cost of borrowing at lower level, push growth

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IMF sees 6% world growth

27 Jul 21 20:04:46 +0500

Warns disparities between nations are widening as developing countries fall behind

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Ex-finance minister warns of difficult times ahead

27 Jul 21 20:03:43 +0500

Projects spike in imports, current account deficit and drop in remittances

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ECC turns down revision in criteria

27 Jul 21 20:01:39 +0500

Decides to auction spectrum in line with past practice by end of Sept 2021

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Pakistan ranks top 10 in business environment: report

26 Jul 21 05:21:03 +0500

‘South Asia as a whole is greatly affected by the superpower game’

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Oil falls as Covid-19, slower China imports hit demand

26 Jul 21 12:29:08 +0500

Both crude benchmarks slipped over $1 a barrel in earlier trading

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Bitcoin leaps 12% to test recent peaks, ether hits 3-week high

26 Jul 21 12:54:36 +0500

More companies prepare to adopt cryptocurrency payment models

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Market watch: Stocks dip as rollover week begins

26 Jul 21 13:14:01 +0500

Benchmark KSE-100 index sheds 120.39 points to settle at 47,672.68

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Pak-Afghan trade at Chaman border resumes after 12-day hiatus

26 Jul 21 15:41:01 +0500

Business activities started again with mutual consent of the two countries and efforts of traders, says DC Chaman

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FBR gets stay against FTO decision

26 Jul 21 20:03:36 +0500

Blocks move to investigate low tax recovery in offshore asset cases

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Sugar sector monopoly to cost $110m

26 Jul 21 19:53:47 +0500

Govt to import sugar to build reserves, offload during shortages to stabilise prices

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Senate panel discusses alleged corruption by Hascol

26 Jul 21 19:59:48 +0500

Members stress exploring local oil and gas resources

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Ghandhara Nissan set to launch SUV

26 Jul 21 20:05:28 +0500

Plans to introduce its first SUV Chery Tiggo 8 in September

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Rupee recovers Rs1.1 against dollar as economy reopens

26 Jul 21 20:06:29 +0500

Resumption of inflow of remittances, export earnings lends support to local currency

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SBP likely to maintain status quo

26 Jul 21 20:08:13 +0500

Small segment expects central bank to raise policy rate by 25-50bps in today’s meeting

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CPPA seeks power tariff hike

26 Jul 21 20:09:46 +0500

Files petition with Nepra for 80 paisa increase under fuel cost adjustment

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Exports on high growth trajectory

25 Jul 21 16:45:10 +0500

Amazon platform, exporter facilitation will accelerate shipments from Pakistan

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What makes crypto move?

25 Jul 21 16:46:27 +0500

Movement of cryptocurrencies is largely based on speculation, news and tweets

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Online grocery shopping gains traction

25 Jul 21 16:46:29 +0500

Companies aim to utilise technology to bridge gap between producers and consumers

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Microchip ambitions : Pakistan needs to catch up

25 Jul 21 16:46:48 +0500

Islamabad should roll out comprehensive semiconductor manufacturing policy

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External sector fares well but challenges remain

25 Jul 21 16:47:48 +0500

In absence of adequate domestic supply, demand can only be satisfied through imports

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Pakistan’s REER improves to 99.85

24 Jul 21 08:32:03 +0500

Exports become viable, imports expensive due to rupee depreciation

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Govt rejects proposal to reappoint PBS official

24 Jul 21 08:43:27 +0500

Directs relevant division to readvertise post to find suitable candidate

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PIA launches largest flight operation for north

24 Jul 21 08:53:14 +0500

Move comes as tourist flow increases due to global travel curbs

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SBP reserves rise $845m to $18.1b

24 Jul 21 09:03:57 +0500

Increase comes following receipt of $1b in proceeds of Eurobonds

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Global supply chains buckle

24 Jul 21 19:01:55 +0500

Virus, disasters and cyber-attack drive global supply chains towards breaking point

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Govt turns down tax relief plan

24 Jul 21 19:15:25 +0500

Aviation Division proposed exemption to new authorities for five years to manage airports

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Credit to private sector spikes 12% to Rs6.82tr

24 Jul 21 19:18:27 +0500

Temporary Economic Refinance Facility plays key role in boosting banks’ credit

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Govt urged to improve taxation system

24 Jul 21 19:16:58 +0500

ICCI chief suggests automating system to reduce people-to-people contact

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KSE-100 index retreats in short week

24 Jul 21 19:12:15 +0500

Eid holidays, rising Covid-19 cases hamper activity at Pakistan Stock Exchange

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Wall Street surges to all-time closing high

24 Jul 21 19:11:08 +0500

Upbeat earnings, signs of economic revival fuel investor risk appetite

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EV startup Rivian announces $2.5b funding round

24 Jul 21 19:08:22 +0500

Automakers race to develop electric cars as EU, China mandate lower carbon emissions

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US Treasury Secretary Yellen warns Congress on debt limit

24 Jul 21 19:09:45 +0500

Says if Congress does not act by Aug 2 Treasury Department will need to take extraordinary measures

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World Bank lowers project rating

24 Jul 21 19:13:35 +0500

Downgrades $200m locust control project to moderately satisfactory

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Global insurance recovery will be faster

24 Jul 21 19:19:58 +0500

Global insurance recovery will be faster

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USTR drops tariff threat

24 Jul 21 19:21:13 +0500

USTR drops tariff threat

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Foreign exchange: SBP reserves rise $845m to $18.1b

23 Jul 21 13:26:34 +0500

Increase comes following receipt of $1b in proceeds of Eurobonds

Tribune
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Oil slips but set to end week steady on tight supply

23 Jul 21 14:05:29 +0500

Both contracts fell about 7% on Monday but managed to recoup the losses

Tribune
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Market watch: PSX sheds 80 points on return from Eid break

23 Jul 21 15:00:20 +0500

Benchmark KSE-100 index drops 0.17% to settle at 47,793.07

Tribune
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FBR slashes sales tax on high-speed diesel

20 Sep 2021 14:17:00 +0500

Sales tax on petrol has been kept unchanged at 10.54%

TheNews
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Price of petrol in Pakistan goes up by Rs5

15 Sep 2021 22:38:00 +0500

Besides petrol, an increase in other petroleum products will also be enforced starting September 16

TheNews
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Deutsche Boerse-owned Eurex debuts Bitcoin futures trading

14 Sep 2021 11:27:59 +0100

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Bitcoin worth $2 billion moves for just $0.78

14 Sep 2021 12:45:11 +0100

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Why Ethereum needs better compatibility, explained

14 Sep 2021 13:55:00 +0100

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P2P exchange Paxful integrates Lightning Network

14 Sep 2021 13:00:00 +0100

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BREAKING: Coinbase plans to raise $1.5B via debt offering

13 Sep 2021 13:43:17 +0100

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US Treasury reportedly in talks for stablecoin regulation

13 Sep 2021 12:51:45 +0100

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How to be a better hodler, explained

13 Sep 2021 12:00:00 +0100

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Major UK hedge fund Brevan Howard launches crypto division

13 Sep 2021 11:02:33 +0100

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Inflation remains unchanged at 8.4%

01 Sep 2021 20:19:00 +0500

CPI inflation clocks in at 8.4% year-on-year compared to 8.21% in August 2020

TheNews
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Petrol to cost Rs1.50 cheaper in Pakistan from Sep 1

31 Aug 2021 18:28:00 +0500

Govt also notifies reduced prices for high speed diesel, kerosene and light diesel oil

TheNews
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Decentralized exchanges and aggregators drive DeFi growth

31 Aug 2021 17:54:32 +0100

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BitPay wallet integrates 1inch Network DEX aggregator

31 Aug 2021 15:00:00 +0100

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FTX.US acquires Bitcoin derivatives platform LedgerX

31 Aug 2021 14:42:13 +0100

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Retirees in El Salvador protest against Bitcoin adoption

31 Aug 2021 09:10:13 +0100

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Three Arrows Capital executives launch NFT fund

31 Aug 2021 07:07:12 +0100

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OGRA suggests decreasing petrol price by Rs3.5

30 Aug 2021 21:23:37 +0500

OGRA proposes decreasing price of diesel by Rs5

TheNews
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Forget Lambos, NFTs are the new crypto status symbol

26 Aug 2021 13:26:20 +0100

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IMF releases $2.75 billion to Pakistan

24 Aug 2021 19:25:00 +0500

“SBP has received $2.75 billion from the IMF, as part of SDR allocation announced by IMF recently,” central bank says

TheNews
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No link or access to banking transactions: FBR

19 Aug 2021 14:15:00 +0500

There is no fingerprint authentication mechanism available with the FBR, tax bodys spokesperson says

TheNews
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Asia markets mixed on Delta variant gloom

17 Aug 2021 11:24:54 +0500

Markets in Seoul were down, as were Taipei and Australia, where millions remain under coronavirus restrictions with little end in sight as cases tied to the Delta variant soar.

TheNews
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Govt increases petrol price by Rs2 per litre

30 Jun 2021 22:38:00 +0500

PM Imran Khan rejected OGRAs recommendation of an increase by Rs6.05 per litre, says Shahbaz Gill

TheNews
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OGRA suggests hiking petrol price from July 1

29 Jun 2021 21:00:00 +0500

If Petrol Division accepts OGRAs suggestion, price of petrol will increase by Rs6

TheNews
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State Bank to monetary policy today

27 Jul 2021 11:37:30 +0500

SBP Governor Reza Baqir will issue the monetary policy statement at 5pm

TheNews
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State Bank to announce monetary policy today

27 Jul 2021 11:37:30 +0500

SBP Governor Reza Baqir will issue the monetary policy statement at 5pm

TheNews
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SBP to maintain policy rate at 7%

27 Jul 2021 19:27:00 +0500

The policy rate will remain the same for the next two months

TheNews
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Shaukat Tarin announces tax on mobile phone calls lasting more than 5 minutes

25 Jun 2021 15:52:00 +0500

Finance Minister Shaukat Tarin winds up budget 2021-22 debate in National Assembly

TheNews
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Bitcoin fund launches on Dubai bourse in Mideast first

23 Jun 2021 19:21:00 +0500

TheNews
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Sindh CNG stations shut down for a week starting today

22 Jun 2021 16:07:00 +0500

Sui Southern Gas Company announces closure of CNG stations in Sindh; they now open on Tuesday, June 29

TheNews
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KP govt presents Rs1,118.3bn budget for FY2021-22; proposes Rs371bn for ADP

18 Jun 2021 20:15:00 +0500

Govt employees who did not take special allowances will get a 37% increase in salaries

TheNews
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Petrol price increases by Rs5.40 per litre in Pakistan

15 Jul 2021 17:41:00 +0500

PM went against OGRAs recommendation of Rs11.40 and approved Rs5.40 increase in petrol price: Shahbaz Gill

TheNews
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Latest petrol price in Pakistan

15 Jun 2021 22:49:10 +0500

Price of petrol in the country has gone up by Rs2.13/litre

TheNews
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Petrol price in Pakistan may rise from June 16, say sources

15 Jun 2021 00:27:00 +0500

The price of petrol is expected to rise by Rs4.20, while an increase of Rs3.50 is expected in diesels rates

TheNews
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Economic Survey 2021: Shaukat Tarin says Pakistan moving towards growth

10 Jun 2021 15:08:58 +0500

Shaukat Tarin says 20 million people lost jobs due COVID-19 in Pakistan

TheNews
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Hammad Azhar announces restoration of normal gas supply to all sectors

05 Jul 2021 15:13:02 +0500

Forced [gas] loadshedding was eliminated Friday evening, tweets Hammad Azhar

TheNews
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FBR uploads income tax return forms for FY2020-21

01 Jul 2021 22:06:00 +0500

FBR says the last date to file the tax returns is September 30th

TheNews
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Govt increases petrol price by Rs2 per litre

30 Jun 2021 22:38:00 +0500

PM Imran Khan rejected OGRAs recommendation of an increase by Rs6.05 per litre, says Shahbaz Gill

TheNews
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OGRA suggests hiking petrol price from July 1

29 Jun 2021 21:00:00 +0500

If Petrol Division accepts OGRAs suggestion, price of petrol will increase by Rs6

TheNews
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Shaukat Tarin announces tax on mobile phone calls lasting more than 5 minutes

25 Jun 2021 15:52:00 +0500

Finance Minister Shaukat Tarin winds up budget 2021-22 debate in National Assembly

TheNews
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Bitcoin fund launches on Dubai bourse in Mideast first

23 Jun 2021 19:21:00 +0500

TheNews
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Sindh CNG stations shut down for a week starting today

22 Jun 2021 16:07:00 +0500

Sui Southern Gas Company announces closure of CNG stations in Sindh; they now open on Tuesday, June 29

TheNews
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KP govt presents Rs1,118.3bn budget for FY2021-22; proposes Rs371bn for ADP

18 Jun 2021 20:15:00 +0500

Govt employees who did not take special allowances will get a 37% increase in salaries

TheNews
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Latest petrol price in Pakistan

15 Jun 2021 22:49:10 +0500

Price of petrol in the country has gone up by Rs2.13/litre

TheNews
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Petrol price in Pakistan may rise from June 16, say sources

15 Jun 2021 00:27:00 +0500

The price of petrol is expected to rise by Rs4.20, while an increase of Rs3.50 is expected in diesels rates

TheNews
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Petrol price in Pakistan may rise from June 16, say sources

15 Jun 2021 00:27:00 +0500

The price of petrol is expected to rise by Rs4.20, while an increase of Rs3.50 is expected in diesels rates

TheNews
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Petrol price in Pakistan may rise from June 16, say sources

15 Jun 2021 00:27:00 +0500

The price of petrol is expected to rise by Rs4.20, while an increase of Rs3.50 is expected in diesels rates

TheNews
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Economic Survey 2021: Shaukat Tarin says Pakistan moving towards growth

10 Jun 2021 15:08:58 +0500

Shaukat Tarin says 20 million people lost jobs due COVID-19 in Pakistan

TheNews
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PM Imran Khan lauds FBR for crossing Rs4,000 billion mark in a year

29 May 2021 21:24:00 +0500

Premier says the tax collection was 18% higher than what was recorded in the same period last year

TheNews
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Govt announces discontinuation of Rs15,000 and Rs7,500 bonds

29 Apr 2021 23:50:18 +0500

Notification shows that Rs7,500 and Rs15,000 bonds will no longer be in use from this year

TheNews
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For second consecutive year, SBP not to issue new banknotes on Eid ul Fitr

29 Apr 2021 18:27:00 +0500

SBP says decision to not issue new notes taken due to the coronavirus pandemic

TheNews
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Coronavirus: Latest bank timings in Pakistan

29 Apr 2021 10:44:27 +0500

Banks will conduct public dealing from 9am to 1pm on weekdays while on Fridays banks will close at 12:30pm

TheNews
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Asad Umar says PSX has broken previous record of new daily-traded volume

26 May 2021 22:37:00 +0500

Asad Umar says record was an indicator of the markets reacting to signs of sustained recovery

TheNews
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Germany set to upgrade 2021 growth forecast: minister

24 Apr 2021 09:38:55 +0500

Europe´s biggest economy shrank by 4.9% in 2020 as restrictions to curb the pandemic hit many sectors.

TheNews
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Tarin defends existing 3.94% growth rate, says economy to expand by 5% next year

23 May 2021 20:21:00 +0500

The focus of government had been on housing, agriculture and export sector that delivered these results, says Tarin

TheNews
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Returns on national savings certificates revised

20 May 2021 19:06:00 +0500

Shuhada’s Family Welfare and Pensioners’ Benefit Accounts returns have been moved down to Rs11.04pc from Rs11.52 pc

TheNews
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PM Imran Khan elated over all-time high remittances of $2.8b in April

18 May 2021 14:32:00 +0500

Remittances grow by 29 % to record $24.2 bln in 10 months

TheNews
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Latest petrol price: Rates to remain unchanged in May

17 May 2021 21:59:00 +0500

Petrol will continue to cost Rs108.56 per litre

TheNews
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Petrol price in Pakistan likely to witness an uptick: sources

17 May 2021 17:05:00 +0500

The price of diesel will witness an increase of Rs3.25, say sources

TheNews
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Banks to observe normal working hours starting May 17

17 May 2021 01:20:26 +0500

Effective from May 17, the State Bank of Pakistan will revert to normal office hours, which shall also be followed by all banks

TheNews
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Sichuan Liaison Office of the China-Pakistan Business Council launched to promote trade ties

17 Apr 2021 22:35:29 +0500

The liaison office will accelerate the integration of Sichuan province into the China-Pakistan Economic Corridor

TheNews
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Latest petrol price in Pakistan

15 Apr 2021 18:40:00 +0500

The government has reduced the price of petrol by Rs1.79, following which it will be sold at 108.56 per litre from April 16

TheNews
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Latest bank timings for Ramzan 2021

13 Apr 2021 14:28:00 +0500