EconomyAs elections loom, hopes of PSX rally gather steam
During Ramazan, the KSE-100 index recovered 3.26 percent or 1,379 points from May 17th to June 14th, touching 43,680.68 points at end of last trading session
Jun 19, 2018
Monitoring Report
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Economy
HeadlinesPresident Mamnoon Hussain set to visit Tajikistan for water conference
President of Tajikistan Emomali Rahmon had extended an invitation to Mr Hussain for attending the high-level international conference called “International Decade for Action-Water for Sustainable Development 2018-2028” which is being held on June 20th in Dushanbe
Jun 19, 2018
EconomyBahria Foundation to establish RLNG terminal at Sonmiani
Sources revealed the previous government had given go-ahead to the gas pipeline project from Sonmiani to Nawabshah by ISGS on condition that Bahria Foundation conducts the feasibility study as the leader of the project
Jun 19, 2018
EconomyFBR accelerates tax recovery drive to plug Rs661 billion revenue deficit
During the first eleven months (July-May) of FY18, the tax regulator collected Rs3.274 trillion
Jun 19, 2018
EconomyFBR to propose SC for scrapping 12.5 percent WHT on Rs1,000 balance recharge
In case of this tax remaining suspended in its entirety for the next financial year 2018-19, the overall accumulated losses in terms of revenue across Pakistan would jump to Rs123 billion
Jun 15, 2018
EconomyCheetay seeks to enter difficult business segments, seize market share
Cheetay.pk is intending to enter the grocery delivery segment this September and will commence services from Lahore
Jun 15, 2018
EconomyBoard of PLTL rebuffs proposal to merge it with PLL
The board of both GHLPL, PLTL refused to give approval to this proposal and requested reasons as to why the PLL chief sought to merge PLL & PLTL
Jun 15, 2018
EconomyAtlas Honda jacks up prices of motorbikes third time this year
The fresh price for its vastly popular model CD-70 is now Rs64,900, for Pridor Rs89,900, CB150F Rs167,000 and CD Dream Rs68,900
Jun 14, 2018
EconomyPakistan imported 10 million tons LNG in last three years
LNG imports have resulted in savings of $3 billion to the national exchequer
Jun 14, 2018
EconomyRupee depreciation, rising global oil prices justify increase in petrol prices: OICCI
FPCCI lambasted the government for increasing prices of petroleum products and taking short-term decisions on the excuse of economic stabilization
Jun 14, 2018
EconomyBudget deficit widens to Rs2.1 trillion during July-May FY18
The finance ministry officials quoting estimates said during April and May 2018, the budget deficit widened Rs617 billion or 1.8 percent of GDP
Jun 14, 2018
EconomyLSM output declined 16.08 percent in April compared to March
On a monthly basis, food beverages and tobacco posted 2.97 percent growth, auto sector 1.64 percent, non-metallic mineral products including cement 1.51 percent, coke and petroleum products 1.12 percent
Jun 14, 2018