Market Daily: KSE 100 sheds 4.52pc, highest weekly loss in 2018
KSE 100 closed at 41,624 points (-4.52 per cent WoW), highest weekly loss of 2018 amidst depleting foreign reserves and rising political noise ahead of general election 2018.
NA passes Finance Bill 2018-19
The National Assembly on Friday passed the Finance Bill 2018-19, giving the go-ahead to the budgetary proposals for the upcoming fiscal year.
FBR turns down request for manual customs system at Sost Port
Trade on CPEC route remains suspended for 48 days as traders protest WeBOC system
Current account gap widens by 50 per cent
The current account deficit in the first 10 months of 2017-18 amounted to $14 billion, up 50 per cent from a year ago.
Inquiry report over Wednesday’s power blackout submitted to PM
ISLAMABAD:Â The massive power breakdown that left Khyber Pakhtunkhwa, Punjab and the Federal Capital without electricity for many hours on Wednesday was caused...
Emerging markets not as lucrative for investors as before
Investors are punishing markets where policymakers have not done enough to stem deteriorating current-account balances, ballooning inflation and a run on their currencies.
SBP updates country’s liquid foreign reserves position
The State Bank of Pakistan (SBP) on Thursday, updated the state of Pakistan’s liquid foreign reserves position.
The total liquid foreign reserves held...
PM discusses tax exemptions, new LPG plants, gas prices in ECC meeting
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet here at Prime Minister’s...
Export target of mangoes set at 100,000 tons for the year
In a first, the king of fruit would be exported through CPEC routes to China
Stronger bilateral trade with Qatar stressed
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has stressed the need for increased trade volumes between Pakistan and Qatar by...
Gwadar port development project progressing well: NDRC spokesperson
BEIJING: China is a major investor in Gwadar and has so far spent $248 million in the first phase of the development...
New load-shedding schedule for industrial sector unacceptable: FPCCI
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Thursday said the new schedule of ten-hour load shedding for...
Participants oppose gas price increases for SNGPL and SSGCL
ISLAMABAD: Opposing SNGPL’s and SSGCL’s plea to increase their gas prices for the financial year (FY) 2018-19, participants of OGRA’s hearing have...
CCP imposes penalty on Shainal Foods for copyrights infringementÂ
Shainal Foods was imitating the logo, packaging, colour scheme and design of National Food’s products
ADB for stronger public-private partnerships in Pakistan
ADB is already providing a total of $200 million in loans for projects supporting PPPs in Punjab and Sindh.