Business - DAWN.COM

E-Paper | July 27, 2024

Fears mount as loan talks with China face uncertainty

Fears mount as loan talks with China face uncertainty

This loan has been rolled over annually since 2018, with the most recent rollover occurring on Feb 29.

Updated 27 Jul, 2024 10:47am

Related

PSX Highlights of the Day

Company	Price	Change	Change %	Volume
GSPMDEF	4.7000	0.6600	16.34 ▲	227,675
ICCI	7.4100	1.0000	15.60 ▲	536,968
PHDLXD	8.8700	1.0000	12.71 ▲	772
PKGIDEF	8.3000	0.9000	12.16 ▲	1,002
GUSMDEF	9.3000	1.0000	12.05 ▲	73,052

Company	Price	Change	Change %	Volume
KSTMDEF	3.6000	-0.5700	-13.67 ▼	79,677
TSMF	7.1400	-0.9800	-12.07 ▼	22,349
UCAPM	2.0200	-0.2300	-10.22 ▼	135,300
ARUJ	33.2900	-3.7000	-10.00 ▼	79,470
CHAS	60.7500	-6.7500	-10.00 ▼	16,197

Source: PSX | Updated Jul 26, 2024

Petrol, diesel prices likely to drop on Aug 1

Petrol, diesel prices likely to drop on Aug 1

Relief likely to be Rs2.90 for petrol, Rs8.50 for high-speed diesel.

Updated 27 Jul, 2024 09:44am

Pakistan Steel Mills is a piece of scrap, NA panel told

Pakistan Steel Mills is a piece of scrap, NA panel told

SIFC notes it is nearly impossible to revive PSM with existing infrastructure and outdated technology.

Updated 27 Jul, 2024 10:21am

SPI inflation eases to over two-year low

SPI inflation eases to over two-year low

Though inflation has eased in the outgoing week, a reading of over 20pc is still high.

Updated 27 Jul, 2024 10:28am

Meat exports hit record $512m amid high demand

Meat exports hit record $512m amid high demand

Export volume surges 24pc to 123,515 tonnes on the back of competitive prices.

Updated 27 Jul, 2024 10:38am

Stocks fall amid pre-monetary policy jitters

Stocks fall amid pre-monetary policy jitters

PSX sees third negative session of the week with fluctuating index.

Updated 27 Jul, 2024 10:47am

ADB approves $400m for housing, community development in Sindh flood rehabilitation

ADB approves $400m for housing, community development in Sindh flood rehabilitation

Project will support conditional cash grants for reconstructing 250,000 houses with multi-hazard resilient, environment-responsive designs.

Updated 26 Jul, 2024 08:38pm

Discos seek additional fuel cost adjustment of Rs2.63

Discos seek additional fuel cost adjustment of Rs2.63

Proposed increase in FCA is on top of an average 20pc increase in annual base tariff effective July 1.

Updated 26 Jul, 2024 09:48am

Aurangzeb in Beijing to seek debt relief

Aurangzeb in Beijing to seek debt relief

The finance minister briefs Chinese minister of finance on Pakistan’s “efforts to introduce tax and energy reforms in the system”.

Published 26 Jul, 2024 09:22am

Shehbaz dispensation seen worse economic manager

Shehbaz dispensation seen worse economic manager

Gallup surveys 454 businesses in over 30 districts; 66pc of manufacturers report worse sales this year.

Published 26 Jul, 2024 08:08am

Ongoing uncoordinated transition to low-carbon energy has urgent implications for social equity

Ongoing uncoordinated transition to low-carbon energy has urgent implications for social equity

A fight has broken out between the textile lobby and power generation companies

A fight has broken out between the textile lobby and power generation companies

If tax targets not met, govt might have to propose mini budget with new taxes: Miftah

If tax targets not met, govt might have to propose mini budget with new taxes: Miftah

Highlights

Budget FY25 Calculator : Find out how much tax you will pay on your salary

Budget FY25 Calculator : Find out how much tax you will pay on your salary

Downsizing a bloated government

Downsizing a bloated government

CORPORATE WINDOW: Nurturing Pakistan’s blue economy

CORPORATE WINDOW: Nurturing Pakistan’s blue economy

The demon of domestic debt

The demon of domestic debt

What Pakistan can learn from China

What Pakistan can learn from China

A payment systems’ review

A payment systems’ review

Aurora

Cola Next takes Pakistan by storm

Cola Next takes Pakistan by storm

The incredibly memeable Heeramandi

The incredibly memeable Heeramandi

The importance of building brands, not products

The importance of building brands, not products

Business & Finance

A payment systems’ review

A payment systems’ review

Digital wallets truly excelled at onboarding freelancers, doubling to 184,516 by March.

Updated 22 Jul, 2024 09:19am

Agri tax — an attempt at equity

Agri tax — an attempt at equity

Requiring all farmers with more than 12 acres to file agriculture income tax returns would result in around Rs0.7m in returns annually.

Updated 22 Jul, 2024 09:06am

What Pakistan can learn from China

What Pakistan can learn from China

The country should focus on bringing about extensive structural reforms to navigate through its current economic and geopolitical challenges.

Updated 22 Jul, 2024 09:29am

The demon of domestic debt

The demon of domestic debt

In the last fiscal year, the government paid an estimated Rs1.3tr in capacity charges to the IPPs.

Updated 22 Jul, 2024 10:17am

Newspaper

Stocks fall amid pre-monetary policy jitters

Pakistan Steel Mills is a piece of scrap, NA panel told

SPI inflation eases to over two-year low

Fears mount as loan talks with China face uncertainty

Meat exports hit record $512m amid high demand

ADB okays $400m for rebuilding flood-hit homes

Petrol, diesel prices likely to drop on Aug 1

Aurangzeb in Beijing to seek debt relief

Upgrading of Karachi port’s capacity ordered

Trade gap with Middle East narrows

42 IPPs owned by ruling elite, claims Punjab governor

SBP reserves plunge $397m

Imports of completely knocked down kits flourish in FY24

Oil edges higher

Stocks tumble 928 points on political tensions

Trade gap widens 49pc with nine regional countries

Stocks add 410 points on economic outlook

Falling T-bill yields fuel policy rate cut hopes

Mini budget on the horizon?

Tanners urge govt to cut tax burden for survival

IT ministry forms panel to fix LDIs’ licence issue

Auto financing shows downward trend for second straight year

Apex chamber to move Supreme Court on capacity payments

Debt-ridden Pakistan likened to ‘canary in a coal mine’