HeadlinesRupee devaluation could attract foreign investors back into stock market
Foreign investors have been pulling out their money from the stock market and were net sellers of $266 million during FY18 compared to $728 million in the corresponding period of last year
Jun 12, 2018
EconomyOn last day in office, Abbasi govt raised LNG import margins
Jun 11, 2018
EconomyJW Forland plans to produce dump, cargo trucks in Pakistan
Jun 11, 2018
HeadlinesMoUs, agreements galore for assembling electric cars in Pakistan
Jun 11, 2018
EconomyPakistan uses up Chinese trade financing facility to repay debt
In the current fiscal year 2017-18, China has given about 40 per cent of total foreign loans.
Jun 10, 2018
EconomyCircular debt touches staggering levels, crosses Rs1 trillion
Official documents disclosed during the first nine months of the financial year 2017-18, over Rs60 billion worth of electricity was stolen
Jun 9, 2018
EconomyPakistan exports to Afghanistan clock two-year highs, touch $1.282 billion
In FY15, exports to Afghanistan were recorded at $1.699 billion which decreased to $1.230 billion in FY16 and reducing to $1.165 billion in FY17
Jun 9, 2018
EconomyPakistan's trade deficit touches record high of $34b in July-May FY18
The total increase in imports during July-May FY18 was around 14 percent compared to corresponding last FY17
Jun 9, 2018
EconomyPunjab misses wheat procurement target, purchases 3.62 million tons
Office bearers from several farmers’ organizations have blamed the food department for not having started procurement campaign by mid-April
Jun 9, 2018
EconomyChemical industry seeks government assistance to establish petrochemical complex
Pakistan doesn’t possess a single cracker complex which made its downstream industry hugely dependent on imports, said Kidwai
Jun 9, 2018
HeadlinesFinance ministry pauses appointment of central bank's deputy governor
The previous government had forwarded a summary to appoint Munir Saleem as the deputy governor of SBP and had taken interviews for employing CEOs for Pak-Brunei Investment Company, Pak-Kuwait Investment and Pak-Libya Investment
Jun 9, 2018
EconomyOil industry gets its wish, petrol & diesel profit margins jacked up
The Federal Board of Revenue’s (FBR) inability to formulate a mechanism for general sales tax (GST) collection under a deregulated system, allowed the oil industry to get these margins revised in line with an old Consumer Price Index (CPI) based formula
Jun 9, 2018