Six MoUs signed during Vice-Premier He Lifeng’s visit. What do they entail?
MoU on Strengthening Workers' Exchange Programme was signed between the All-China Federation of Trade Unions (ACFTU) and BoI, Pakistan
Saudi Aramco shakes hands with Pakistan’s SOEs to open Pakistan’s largest refinery
After months of delay and negotiations, the Saudi investment gets confirmed. But what is the deal?
Fiscal year 2023 ends with 12 consecutive months of contractions in automotive credit
Outstanding credit shrank by Rs 74 Arab, ending two fiscal years worth of growth in automotive loans
Tariffs for Thar coal Block I & II approved
Levelised tariffs of $37.36 per ton set for Block I and $30.40 per ton for Block II
What will HBL’s new agri focused subsidiary do?
HBL Zarai Services will operate as a wholly owned subsidiary meant to increase capacity in the country’s vastly underserved agricultural sector.
Banking spreads surged to their highest levels since 2004
High-interest rate environment coupled with low-cost deposits and loan book repricing led to an increase in banking spreads
Why does the choice of FBR chairman matter for Pakistan?
Whenever a chairman of the country's premier revenue body retires, infighting starts between the Custom service and Inland revenue service officers to capture the post
Pakistan plans to launch Rs 2.3 trillion Sovereign Wealth Fund but how will price determination take place?
The Ministry of Finance is setting up a sovereign fund but price discovery will be an issue going forward.
Pakistan’s energy sector can save over $8bn with improved production strategies: Study
Study indicates share of wind and solar in energy mix will be 47 percent by 2031, compared to IGCEP forecast of 30pc
What the IHC’s judgement on the Super Tax means and what will happen next
Section 4C of ITO 2001 to be read in accordance with the judgement - until otherwise
Mango exports suspended for 23 days due to dispute over plant SOPs
This situation has jeopardized the export of the prized Chaunsa mango variety, which holds a substantial market in Iran and Dubai, amounting to over $100mn
Govt ends gas subsidy scheme for export-oriented sectors, asks them to pay market rates
SNGPL has been directed to raise invoices to the sectors as per the previously approved mechanism by the cabinet
SBP designates UBL, HBL and NBP as D-SIBs for 2023
The designation bodes well for the banks themselves and helps create resiliency in the banking industry
IMF asks for a tighter monetary policy from SBP
The IMF has demanded a further tightening of the monetary policy to be considered by SBP but is it economically sustainable?
OCAC warns OGRA’s decision to reduce diesel price comes at industry’s expense
Association warns OGRA’s “deviations from pricing formula” can cripple the industry