Talks with IMF on ninth review in ‘advanced stage’: Finance Division Say the programme is "back on track"; categorically denies online "rumours" regarding government imposing a financial emergency. Published 06 Dec, 2022 10:14pm
Auto financing drops for fourth consecutive month One of the main reasons for anxiety among buyers is an average increase of 40pc in car prices since September 2021. Updated 06 Dec, 2022 08:50am
ECC okays import of 0.95m tonnes of wheat 750,000 tonnes of Russian grain were bought at $372 per tonne. Updated 06 Dec, 2022 08:57am
Cnergyico’s Azm-e-Pakistan campaign is encouraging us to spread positivity through small acts of kindness Sponsored Cnergyico runs Pakistan’s biggest oil refinery that can process up to 156,000 barrels of crude oil per day.
Engro Corp eyes acquisition of mobile tower business If executed, the deal will reduce the share of Veon/Jazz in the mobile tower business to zero. Updated 06 Dec, 2022 09:07am
Govt urged to release soybean containers stuck at Port Qasim Crisis is pushing up prices of poultry products, says Pakistan Poultry Association. Updated 06 Dec, 2022 09:59am
Cotton production plunges to just 4.8m bales Dollar-starved Pakistan will have to import 7m bales to meet industry’s demand. Updated 06 Dec, 2022 05:14pm
Regulator advises PM to establish coal authority Stakeholders demand a transparent import mechanism for the authority. Updated 06 Dec, 2022 09:00am
Saudi crown prince to invest in Credit Suisse, says report The bank has yet to receive a formal proposal from the Saudi entity, says report. Updated 06 Dec, 2022 09:26am
Gold price hits record Rs164k per tola The exchange rate fluctuations have been keeping the bullion rates under pressure, says ASSJA president. Updated 06 Dec, 2022 09:02am
Russia to provide petrol, diesel to Pakistan at discounted rates: minister Musadik Malik says Russia will also supply discounted crude oil, talks with private sector companies for LNG have begun. Updated 05 Dec, 2022 09:04pm
Economic crisis demands decisive actions by govt that are missing for want of clarity or political compulsions
No one to blame but ourselves "Where's is the wisdom in increasing capacity based on imported raw materials?" he questions. Published 05 Dec, 2022 08:47am 21
Political uncertainty hits tech exports in Pakistan Pakistani players in IT services are still hiring and expanding their sales offices abroad. Updated 05 Dec, 2022 02:29pm 22
Perils of high govt bank borrowings If credit demand remains unmet, firms use up retained earnings in their day-to-day operations instead of channelling them into long-term growth projects. Published 05 Dec, 2022 08:43am 9
Vested interests trump logic in the wheat market 5 different markets are causing instability at a time when staple crop is already stressed because of DAP rates and floods. Published 05 Dec, 2022 08:41am 4
Economic crisis demands decisive actions by govt that are missing for want of clarity or political compulsions
