Election 2018: Political parties release specific plans for CPEC
ISLAMABAD: With the General Election 2018 around the corner, almost all major political parties have come up with their respective election manifestos...
Steel industry cries foul against unregulated manufacturers in former FATA/PATA
Earlier, an industry association had claimed that steel manufacturers in the erstwhile tribal regions have evaded taxes worth more than Rs 150bn.Â
Special Investment Facilitation Council (SIFC): A game-changer for Foreign Direct Investment
Muhammad Zohaib Khan, the chairman of the Pakistan Software Houses Association (P@SHA), described the creation of the Special Investment Facilitation Council (SIFC)...
Market Daily: KSE-100 flat WoW amid profit-taking
During the week, foreigners remained net sellers to the tune of $14.6 million as against net selling of $0.4 million seen during the same period last week.
Will Pakistan’s economic woes deepen?
Is a fresh IMF programme really unavoidable
Fixed exchange rates risky for Pakistan’s plummeting foreign reserves, says Moody’s
Moody's maintained that higher interest to revenue in the baseline compared with floating exchange rates thrive under exchange rate shocks. Thus, deterioration in debt affordability could lower investors’ willingness to invest while making it harder for Pakistan to access foreign funding.
Oil refineries fear shutdown amid rising fuel oil stocks
Pakistan oil refineries have warned the Ministry of Energy that rising fuel oil inventories, driven by the government’s shift to LNG-based power...
Restrictions on free flow of capital in Pakistan lead to creation of grey market
Writing for Business Recorder, economist Ali Khizar suggested that Pakistan should remove restrictions on dollar outflows in order to attract long-term foreign...
What is driving crypto payment adoption?
Many view crypto as a hedge against currency depreciation
Lucky Cement pays out dividend after hiatus of three yearsÂ
At Rs 18 per share, it is the highest payout since 2018Â
Pakistan’s salaried class: Overburdened, underpaid, and neglected
Writing for The Express Tribune, author Syed Ali Sajjad highlights that the salaried class is an integral part of a growing economy,...
Oil rises on Saudi plan to deepen output cuts from July
Oil prices rose by more than $1 a barrel on Monday after top crude exporter Saudi Arabia pledged to cut production by...
Surging unemployment amongst soaring inflationÂ
Writing for Dawn, author Mohiuddin Aazim explains that the recent increase in fuel oil and gas prices is devastating for the majority...
Biden, Modi hail new era for US-India ties and tout deals
U.S. President Joe Biden and Narendra Modi hailed a new era in their countries' relationship after the White House rolled out the...
US regulator sues top crypto exchange Binance, CEO for ‘willful evasion’
The world's biggest crypto exchange Binance and its CEO and founder Changpeng Zhao were sued by the U.S. Commodity Futures Trading Commission...