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Debt rollover by China gives govt breathing space

Debt rollover by China gives govt breathing space

• Extension of $2bn loan deadline comes amid Pakistan-IMF talks • Govt official says move to ‘strengthen govt’s position’ during negotiations •...

yesterday 20

Dawn Business

Kalbe Ali

Tax rationalisation must for boosting exports: Pakistan Textile Exporter Association

Tax rationalisation must for boosting exports: Pakistan Textile Exporter Association

ISLAMABAD: The value-added textile and clothing sector has asked the government to lower tax rates to boost export competitiveness. This demand was...

yesterday 20

Dawn Business

Mubarak Zeb Khan

‘Insecure’ wheat growers switching to other cash crops

ISLAMABAD: The removal of government support prices, along with low domestic rates, has affected the current sowing season, causing wheat farmers...

yesterday 40

Dawn Business

Amin Ahmed

Smooth IMF talks drive PSX bullish

Smooth IMF talks drive PSX bullish

KARACHI: Despite some benchmark slippages, better-than-expected smooth talks with the visiting International Monetary Fund (IMF) mission for the...

yesterday 30

Dawn Business

Muhammad Kashif

Pakistan bridging gender gap in digital economy: IT minister

Pakistan bridging gender gap in digital economy: IT minister

ISLAMABAD: Federal Minister for IT & Telecom Shaza Fatima Khawaja said on Saturday that Pakistan was not just bridging the gender gap in technology...

yesterday 80

Dawn Business

Kalbe Ali

Exchange firms see $5bn inflow by end of Ramazan

Exchange firms see $5bn inflow by end of Ramazan

KARACHI: Inflows of remittances are higher than ever and the exchange companies alone could accumulate $5 billion by the end of Ramazan, said exch­...

yesterday 20

Dawn Business

Shahid Iqbal

Global trade continues to undervalue women’s contributions: UN agency

Global trade continues to undervalue women’s contributions: UN agency

ISLAMABAD: The United Nations Trade and Development (UNCTAD) has stated that global trade despite progress continued to undervalue women’s...

yesterday 20

Dawn Business

Amin Ahmed

Consumers to bear burden as govt proposes new power surcharge

ISLAMABAD: At the conclusion of technical talks with the International Monetary Fund (IMF), Pakistan has proposed no additional taxation measures,...

previous day 40

Dawn Business

Khaleeq Kiani

Dip in Karachi’s industrial power consumption

Dip in Karachi’s industrial power consumption

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has expressed concerns over a 10 per cent decline in Karachi’s industrial power...

previous day 30

Dawn Business

The Newspapers Staff Reporter

SBP launches VPN portals

SBP launches VPN portals

KARACHI: To ensure enhanced security with the rising digitisation of the financial system, the State Bank of Pakistan (SBP) has decided to...

previous day 20

Dawn Business

The Newspapers Staff Reporter

Pakistan Business Cou­ncil warns against revoking export facilitations

Pakistan Business Cou­ncil warns against revoking export facilitations

KARACHI: Pakistan Business Cou­ncil (PBC) has warned that revoking the Export Facilitation Scheme (EFS) would be a catastrophic mistake which would...

previous day 10

Dawn Business

The Newspapers Staff Reporter

China rolls over $2bn loan to Pakistan

China rolls over $2bn loan to Pakistan

China has rolled over a $2 billion loan to Pakistan, Adviser to the Finance Minister Khurram Schehzad told Reuters in a text message on Saturday....

previous day 30

Dawn Business

Reuters

Govt, banks in talks for Rs1.25tr deal to reduce circular debt

Govt, banks in talks for Rs1.25tr deal to reduce circular debt

KARACHI: The government is negotiating a Rs1.25 trillion ($4.47 billion) loan with commercial banks to reduce its bulging energy sector debt, the...

previous day 20

Dawn Business

Reuters

Weekly inflation falls 0.87pc

Weekly inflation falls 0.87pc

ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), recorded a negative growth of 0.87 per cent year-on-year in the week...

previous day 10

Dawn Business

Mubarak Zeb Khan

PM Shehbaz assures businesspersons of favourable environment

PM Shehbaz assures businesspersons of favourable environment

ISLAMABAD: Prime Mi­nister Shehbaz Sharif on Fri­day said his government was working to provide a conducive environment for investment and business...

previous day 20

Dawn Business

Syed Irfan Raza

PM Shehbaz forms committee for cotton crop revival

PM Shehbaz forms committee for cotton crop revival

LAHORE: Taking notice of the dwindling cotton production, Prime Minister Shehbaz Sharif has formed a 15-member committee tasked with recommending...

saturday 20

Dawn Business

Amjad Mahmood

Cash-starved All Pakistan Textile Mills Association seeks release of Rs329bn refunds

ISLAMABAD: While urging quick decisi­ons to arrest the sliding export patterns, text­i­­le leaders on Thursday asked Finance Min­i­s­­ter Muhammad...

saturday 10

Dawn Business

Mubarak Zeb Khan

Science ministry ‘sidelined’ in crypto oversight

Science ministry ‘sidelined’ in crypto oversight

ISLAMABAD: Following the recent visits of ‘President Trump’s advisers for digital assets’, the Ministry of Finance appears to have left the...

saturday 30

Dawn Business

Khaleeq Kiani

Analysts see seventh rate cut amid low inflation, IMF review

Analysts see seventh rate cut amid low inflation, IMF review

Most analysts predict a seventh consecutive rate cut by the State Bank of Pakistan (SBP) on Monday, amid the first International Monetary Fund...

saturday 30

Dawn Business

Reuters

Country to review 18pc tax on packaged milk, says food security minister

Country to review 18pc tax on packaged milk, says food security minister

National Food Security & Research Minister Rana Tanveer Hussain reaffirmed the government’s commitment to addressing the challenges in the dairy...

saturday 2

Dawn Business

Dawn.com

Trump says he will go to Saudi Arabia to reach $1tr deal

Trump says he will go to Saudi Arabia to reach $1tr deal

US President Donald Trump said on Thursday he likely will make his first trip abroad to Saudi Arabia to seal an agreement for Riyadh to invest...

saturday 20

Dawn Business

Reuters

Bench upholds fine on rating agency

Bench upholds fine on rating agency

ISLAMABAD: The Ap­­pellate Bench of the Secu­rities and Exchange Com­mission of Pakistan (SECP) has dismissed an appeal filed by VIS Credit Rating...

saturday 7

Dawn Business

The Newspapers Staff Reporter

State Bank reserves rise by $27m

State Bank reserves rise by $27m

KARACHI: The foreign exchange reserve of the State Bank increased by $27 million to $11.249 billion during the week ended on Feb 28. The SBP did...

saturday 10

Dawn Business

The Newspapers Staff Reporter

PSX optimism continues amid govt moves to ease circular debt

PSX optimism continues amid govt moves to ease circular debt

Shares at the Pakistan Stock Exchange (PSX) continued their upward trajectory on Friday as the KSE-100 index gained more than 800 points in...

saturday 20

Dawn Business

Dawn.com

Shares rally more than 800 points in intraday trade

Shares rally more than 800 points in intraday trade

Shares at the Pakistan Stock Exchange (PSX) continued their upward trajectory on Friday as the KSE-100 index gained more than 800 points in...

saturday 10

Dawn Business

Dawn.com

Shares at PSX climb more than 1,400 points on IMF review optimism

Shares at PSX climb more than 1,400 points on IMF review optimism

Bulls took control of the trade floor at the Pakistan Stock Exchange (PSX) as shares climbed more than 1,400 points on Thursday. The benchmark...

07.03.2025 40

Dawn Business

Mahira Sarfraz

Shares at PSX climb more than 1,200 points in intraday trade

Shares at PSX climb more than 1,200 points in intraday trade

Bulls took control of the trade floor at the Pakistan Stock Exchange (PSX) as shares climbed more than 1,400 points on Thursday. The benchmark...

07.03.2025 30

Dawn Business

Mahira Sarfraz

FPCCI raises concerns over changes to election rules

FPCCI raises concerns over changes to election rules

ISLAMABAD: The Fed­eration of Pakistan Cham­bers of Commerce and In­­dustry (FPCCI) on Wedn­esday expressed concerns about its exclusion from the...

07.03.2025 20

Dawn Business

The Newspapers Staff Reporter

Public Acc­ounts Committee unhappy with PAEC, FBR audit objections

Public Acc­ounts Committee unhappy with PAEC, FBR audit objections

• AGP says IMF worried over delay in audit process • PAEC says purchases made for nuclear power plant were ‘transparent’ • Rs312bn fraud foiled,...

07.03.2025 9

Dawn Business

Jamal Shahid

‘Cut or no cut’: businesses not on same page over policy rate

‘Cut or no cut’: businesses not on same page over policy rate

KARACHI: The State Bank finds itself in a dilemma over the interest rate as on one hand the business community is clamouring for a cut of 500 basis...

07.03.2025 30

Dawn Business

Aamir Shafaat Khan

Equity prices falter for want of triggers

Equity prices falter for want of triggers

KARACHI: After brea­king a four-session losing streak overnight, the sto­ck market on Wednesday struggled as investor sentiment remained mixed due...

07.03.2025 10

Dawn Business

Muhammad Kashif

Pakistan’s industry paying double power costs of US, China, India: report

Pakistan’s industry paying double power costs of US, China, India: report

ISLAMABAD: Pakistan’s industrial sector is paying almost double the electricity prices compared to China, India and the United States, and even...

07.03.2025 10

Dawn Business

Khaleeq Kiani

Nepra notifies Rs3 per unit refund for K-Electric consumers in March bills

Nepra notifies Rs3 per unit refund for K-Electric consumers in March bills

The National Electric Power Regulatory Authority (Nepra) on Thursday notified a negative fuel cost adjustment (FCA) of Rs3 per unit for consumers of...

07.03.2025 2

Dawn Business

Dawn.com

Sugar price surges to Rs170 per kg

Sugar price surges to Rs170 per kg

KARACHI: The retail price of sugar has surged to Rs170 per kg in Karachi, Lahore, and Islamabad due to a rise in wholesale rates amid strong demand...

07.03.2025 2

Dawn Business

Aamir Shafaat Khan

Govt raises Rs1.2tr at auctions for bonds, T-bills

Govt raises Rs1.2tr at auctions for bonds, T-bills

KARACHI: Amid the high possibility of no further cuts in the interest rate, investors made a total of Rs2.207 trillion bids, mostly for the...

07.03.2025 2

Dawn Business

Shahid Iqbal

Govt to complete PIA’s privatisation within 3 months: Aleem Khan

Govt to complete PIA’s privatisation within 3 months: Aleem Khan

Privatisation and Investment Minister Abdul Aleem Khan on Thursday said that the government would complete all the steps to privatise Pakistan...

07.03.2025 2

Dawn Business

Amin Ahmed

Pakistan will join G20 by 2030, Dar hopes

ISLAMABAD: Deputy Prime Minister and Minister for Foreign Affairs Ishaq Dar has expressed confidence in Pakistan’s economic development, hoping the...

06.03.2025 1

Dawn Business

Kalbe Ali

Govt’s bank borrowings plunge amid revenue dip

KARACHI: Amid falling tax collections, the federal government’s borrowing from banks plunged 84 per cent during the first seven and half months of...

06.03.2025 5

Dawn Business

Shahid Iqbal

Equities recover 757 points after four sessions

KARACHI: Better-than-expected inflation reading for February provided a stimulus to the Pakistan Stock Exchange (PSX) to break the four-session...

06.03.2025 4

Dawn Business

Muhammad Kashif

Govt appoints chief adviser to finance minister for Pakistan Crypto Council

Govt appoints chief adviser to finance minister for Pakistan Crypto Council

The federal government on Wednesday appointed Bilal bin Saqib as the chief adviser to the finance minister on the recently announced Pakistan...

06.03.2025 6

Dawn Business

Tahir Sherani

Cement sales improve in February

KARACHI: Constru­ction activities slightly improved as cement sales rose 7 per cent to 3.065 million tonnes in February compared to 2.869m in the...

06.03.2025 6

Dawn Business

The Newspapers Staff Reporter

Oil sales rise

KARACHI: The country’s oil marketing companies (OMCs) recorded sales of 1.14 million tonnes in February, up 2pc year-on-year (YoY) while down 18pc...

06.03.2025 1

Dawn Business

The Newspapers Staff Reporter

Payment freeze ordered in port land acquisition

Payment freeze ordered in port land acquisition

ISLAMABAD: After the detection of irregularities leading to the cancellation of 500-acre Port Qasim land sale last month, the Senate Standing...

06.03.2025 3

Dawn Business

The Newspapers Staff Reporter

Services exports swell to $4.4bn

ISLAMABAD: Export of services grew 6.16 per cent to $4.748 billion in the first seven months of the current fiscal year from $4.472bn a year ago,...

06.03.2025 3

Dawn Business

Mubarak Zeb Khan

Delay in audit of state institutions worries IMF, PAC told

Delay in audit of state institutions worries IMF, PAC told

A delay in the audit process of state institutions has worried the International Monetary Fund (IMF), Auditor General of Pakistan (AGP) Ajmal...

06.03.2025 10

Dawn Business

Abdullah Momand

PAC flags billions in unaccounted funds

PAC flags billions in unaccounted funds

ISLAMABAD: The Public Accounts Committee (PAC) on Tuesday scrutinised audit reports for the Economic Affairs Division and the Ministry of Foreign...

06.03.2025 20

Dawn Business

Jamal Shahid