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The Newspapers Staff ReporterDawn Business |
KARACHI: Syed Hafeezuddin, Chairman of the National Assembly’s Standing Committee on Industries and Production, has directed the Pakistan Steel...
KARACHI: A sudden change in Green Channel parameters by the Customs Department has left thousands of containers stuck at the port, causing importers...
ISLAMABAD: Jazz, along with its associated companies JazzCash and Mobilink Microfinance Bank, invested over Rs33 billion in the first nine months of...
KARACHI: Despite internet disruptions and firewall issues, Pakistan’s IT exports rose 35 per cent to $1.21bn during July-October 2024-25. Nasheed...
KARACHI: Attracting sizeable foreign investment has always been a dream of successive governments. However, the situation has mostly stayed the same...
KARACHI: Local traders have said the imposition of a new tax on trade through Khyber Pakhtunkhwa and other restrictions were hurting bilateral trade...
KARACHI: Pakistan Vanaspati Manufacturers Association (PVMA) Chairman Sheikh Umer Rehan has urged the government to urgently implement a comprehensive...
ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), decelerated to a six-year low at 4.16 per cent in the week ending Nov 14...
ISLAMABAD: The government has reorganised the Directorate General of Intelligence and Investigation (Customs) to focus solely on gathering...
KARACHI: Sindh Minister for Planning and Development and Energy Syed Nasir Hussain Shah has announced a major discovery of gas and condensate in...
ISLAMABAD: The government on Friday kept the prices of petrol and high speed diesel (HSD) unchanged at Rs248.38 and Rs255.14 per litre, respectively,...
KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $84 million to $11.258 billion during the week ended on...
KARACHI: Bank Alfalah on Thursday informed its shareholders that it has withdrawn its offer to acquire Samba Bank (SNB). In a stock filing, Bank...
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has notified the Securities Managers (Licensing and Operations) Regulations...
KARACHI: The government on Wednesday raised Rs778 billion against the treasury bills (T-bills) auction target of Rs800bn, with minor changes in the...
ISLAMABAD: The National Assembly’s Standing Committee on Commerce has urged state-owned insurance companies to implement enhanced reforms to expand...
ISLAMABAD: The Ministry of Commerce and the World Bank have agreed to form a joint working group on trade to capitalise on the country’s true export...
KARACHI: Rousch (Pakistan) Power Ltd (RPPL), an independent power producer (IPP), has approved the early termination of its power purchase agreement...
KARACHI: Abhi (Pvt) Ltd and TPL Corp Ltd received formal approval on Tuesday from the State Bank of Pakistan (SBP) to acquire FINCA Microfinance...
KARACHI: Donald Trump’s victory in the US presidential election continued to impact global commodity markets as the world gold rate plunged by a...
ISLAMABAD: For the second fortnight, the prices of major petroleum products — petrol and high-speed diesel (HSD) — are estimated to go up again...
KARACHI: A multinational company has unveiled its vision for packaged food exports for the next five years, saying that it plans to earn $50 million...
KARACHI: State Bank of Pakistan Governor Jamil Ahmed said there is a need to substantially increase credit allocation to projects that enhance climate...
ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), rose 13.89 per cent on an annual basis in the week ending Nov 7 due...
KARACHI. The foreign exchange reserves of the State Bank increased by $18 million to $11.274 billion during the week ending on Nov 1, announced by the...
LAHORE: Urea prices are likely to increase by at least Rs100 per bag owing to the government’s commitment to the IMF to implement a semi-annual gas...
KARACHI: The government on Wednesday raised Rs331.7 billion through the Pakistan Stock Exchange by selling Sukuk. The PSX raised Rs331.7bn against...
KARACHI: The State Bank of Pakistan (SBP) has given in-principle approval to Toko Lab Private Ltd and Accept Technologies Pvt Ltd (PayMob) for...
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Tuesday notified a 40 paise per unit additional fuel cost adjustment (FCA)...
KARACHI: The Pakistan Stock Exchange (PSX) has appointed Farrukh H. Sabzwari as its chief executive officer for three years, according to a notice...
KARACHI: Domestic cement sales continued to face a downward trend owing to slowdown in construction activities, with dispatches during October and the...
KARACHI: The Pakistan Business Council (PBC) urged the State Bank of Pakistan (SBP) on Saturday to find a balance while deciding the monetary policy...
KARACHI: United Bank Limited (UBL) on Friday informed its shareholders that it had submitted an offer to Silkbank Limited for an amalgamation. In a...
KARACHI: Amid sharp deceleration in inflation, business leaders have urged the State Bank of Pakistan (SBP) to cut its policy rate by 300-500 basis...
KARACHI: Wafi Energy Holding Ltd (Wafi Energy) has become the majority shareholder of Shell Pakistan Ltd (SPL) after The Shell Petroleum Company Ltd,...
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday sounded disquiet over recent and ongoing renegotiations with certain...
ISLAMABAD: The government has decided in principle not to extend the deadline for filing income tax returns for the tax year 2024. The deadline for...
KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will meet on Monday, said a statement issued by the central bank on...
KARACHI: Wafi Energy Holding Ltd (Wafi Energy) has become the majority shareholder of Shell Pakistan Ltd (SPL) after The Shell Petroleum Company Ltd,...
KARACHI: The foreign exchange reserves of the State Bank of Pakistan (SBP) increased by $116 million to $11.15 billion during the week ended on Oct...
ISLAMABAD/KARACHI: The first consignment of Pakistani-made tractors reached Tanzania on Wednesday, marking a significant milestone in the country’s...
KARACHI: Gold continued to shine as 10-gram and one-tola rates hit a new all-time high of Rs246,828 and Rs287,900 on Tuesday, up by Rs2,486 and...
ISLAMABAD: The Pakistan Textile Exporters Association (PTEA) has expressed concern over the prolonged delay in the disbursement of outstanding...
ISLAMABAD: The two gas utilities — SNGPL and SSGCL — have sought up to a 54 per cent increase in prescribed prices to meet their revenue...
KARACHI: Contrary to last year’s gloomy conditions, the booming equity market attracted many initial public offerings (IPOs) and companies raised...
KARACHI: Pakistan Petroleum Ltd (PPL) on Friday announced its highest-ever profit-after-tax (PAT) of Rs114 billion during FY24. At the company’s...
ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), rose 15.15 per cent annually in the week ending Oct 24 owing to rising...
KARACHI: Amid a declining trend in mobile phone imports, local mobile companies manufactured/assembled 2.15 million units in September, up by 44...
ISLAMABAD: While announcing a robust Rs41bn quarterly profit, the state-run Oil and Gas Development Company Ltd (OGDCL) on Friday blamed about...
KARACHI: The foreign exchange reserves of the State Bank of Pakistan (SBP) increased, but the holdings of commercial banks fell during the week ended...
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