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Surging rice shipments fuel food exports

Surging rice shipments fuel food exports

ISLAMABAD: Pakistan’s raw food exports grew 13.83 per cent to $3.96 billion in July-December 2024-25 compared to $3.48bn in the same period last...

latest 50

Dawn Business

Mubarak Zeb Khan

Senate panel, energy players discuss challenges

Senate panel, energy players discuss challenges

KARACHI: Pakistan State Oil Managing Director Syed Muhammad Taha has said that empowering the board of management with regulatory powers is...

latest 10

Dawn Business

The Newspapers Staff Reporter

PM hails $20bn World Bank partnership to boost growth

PM hails $20bn World Bank partnership to boost growth

WORLD Bank South Asia Vice President Martin Raiser presents a booklet to Prime Minister Shehbaz Sharif in Islamabad.—PPI • WB formally launches...

latest 40

Dawn Business

Khaleeq Kiani

Stocks recover 594 points on select buying

KARACHI: The Pakist­­an Stock Exchange (PSX) snapped the two-session losing streak as bulls drove bears out on Thursday despite a highly volatile...

latest 10

Dawn Business

Muhammad Kashif

SBP reserves fall $276m

SBP reserves fall $276m

KARACHI: The foreign exchange reserves of the State Bank of Pakistan (SBP) declined $276 million to $11.448 billion during the week ended on Jan 17...

latest 40

Dawn Business

The Newspapers Staff Reporter

Govt vows consistency to transform economy

Govt vows consistency to transform economy

KARACHI: Planning and Development Minister Ahsan Iqbal has assured the foreign investors of consistency in the policies to make Uraan Pakistan...

latest 30

Dawn Business

Aamir Shafaat Khan

Nadra briefs World Bank team on project

Nadra briefs World Bank team on project

ISLAMABAD: A high-ranking delegation from the World Bank on Thu­rsday visited National Da­­tabase and Registration Au­­thority (Nadra) and was...

latest 20

Dawn Business

Iftikhar A. Khan

Senators call on PM Shehbaz to undo FBR ‘extravagance’

Senators call on PM Shehbaz to undo FBR ‘extravagance’

ISLAMABAD: A parliamentary panel asked the prime minister and the finance minister on Wednesday to immediately stop the “scandalous” purchase of...

yesterday 20

Dawn Business

Khaleeq Kiani

SOE announces rights issue to turn its fortunes around

SOE announces rights issue to turn its fortunes around

ISLAMABAD: Amid government efforts for rightsizing of loss-making entities, the Pakistan En­­gineering Company Ltd (PECO), a public-listed...

yesterday 20

Dawn Business

The Newspapers Staff Reporter

PSX loses 1,599 points on political uncertainty

PSX loses 1,599 points on political uncertainty

KARACHI: Amid anticipation of a sixth straight cut in the interest rate next week, Pakistani sha­res continued a southward journey despite the...

yesterday 10

Dawn Business

Muhammad Kashif

Govt plans prompt closure of utility stores

Govt plans prompt closure of utility stores

• Committee to finalise strategy in seven days • No clarity on PM’s Ramazan package ISLAMABAD: The federal cabinet has formed a high-level...

yesterday 10

Dawn Business

Mubarak Zeb Khan

Rising port charges hurting businesses, maritime minister notes

Rising port charges hurting businesses, maritime minister notes

ISLAMABAD / KARACHI: Federal Minister for Maritime Affairs Qaisar Ahmed Shaikh on Wednesday assured the business community that the government...

yesterday 10

Dawn Business

Dawn Report

PM Shehbaz thanks World Bank for placing faith in Pakistan, inking new partnership programme

PM Shehbaz thanks World Bank for placing faith in Pakistan, inking new partnership programme

Prime Minister Shehbaz Sharif on Thursday thanked the World Bank for placing faith in Pakistan after pledging to provide $20 billion under the...

yesterday 100

Dawn Business

Dawn.com

Govt slashes T-bill rates by up to 41bps

Govt slashes T-bill rates by up to 41bps

KARACHI: The government again slashed the cut-off yields on treasury bills at the auction on Wednesday, reflecting a higher possibility of...

yesterday 10

Dawn Business

Shahid Iqbal

Saudi Arabia plans $600bn in new US investment, trade over four years

Saudi Arabia plans $600bn in new US investment, trade over four years

Saudi Arabian Crown Prince Mohammed bin Salman told President Donald Trump that the kingdom wants to put $600 billion into expanded investment and...

yesterday 60

Dawn Business

Reuters

SIFC focusing on promoting investment in country

SIFC focusing on promoting investment in country

Special Investment Facilitation Council is focusing on promoting investment in the country, a day after the body’s executive committee stressed...

yesterday 50

Dawn Business

Dawn.com

Call for practical policy frameworks for trade, industry

Call for practical policy frameworks for trade, industry

KARACHI: With the Strategic Trade Policy Framework (STPF) and the Textile and Apparel Policy expiring this year, the Karachi Chamber of Commerce...

previous day 50

Dawn Business

The Newspapers Staff Reporter

Pakistan, Cambodia discuss trade expansion

Pakistan, Cambodia discuss trade expansion

ISLAMABAD: Pakistan and Cambodia reached an understanding of taking practical steps to enhance bilateral trade and economic cooperation. Both sides...

previous day 3

Dawn Business

The Newspapers Staff Reporter

Indian FM Jaishankar says ‘no talks’ held on trade with Pakistan

Indian FM Jaishankar says ‘no talks’ held on trade with Pakistan

Indian Foreign Minister Dr Subrahmanyam Jaishankar on Wednesday said that there had been no talks on trade between his country and Pakistan, nor...

previous day 50

Dawn Business

Nadir Guramani

Trump pardons Silk Road founder Ulbricht for online drug scheme

Trump pardons Silk Road founder Ulbricht for online drug scheme

US President Donald Trump on Tuesday pardoned Silk Road founder Ross Ulbricht, who was sentenced to life in prison for running an underground...

previous day 30

Dawn Business

Reuters

NA panel supports FBR move to curb realty black money

NA panel supports FBR move to curb realty black money

ISLAMABAD: The National Assembly Standing Committee on Finance and Revenue has endorsed the Federal Board of Revenue’s (FBR) efforts to prevent...

previous day 30

Dawn Business

Mubarak Zeb Khan

Centre claims K-Electric owes it Rs225bn

Centre claims K-Electric owes it Rs225bn

ISLAMABAD: The federal government has claimed over Rs225 billion in receivables from K-Electric, that also include an overwhelming Rs186.5bn as...

previous day 30

Dawn Business

Khaleeq Kiani

India mulls lower tariffs, more imports to counter Trump’s tariff threat: report

India mulls lower tariffs, more imports to counter Trump’s tariff threat: report

Indian and American diplomats are trying to arrange a meeting in February between Indian Prime Minister Narendra Modi and US President Donald Trump...

previous day 30

Dawn Business

Dawn.com

India and US trying to arrange Modi meeting with Trump next month

India and US trying to arrange Modi meeting with Trump next month

Indian and American diplomats are trying to arrange a meeting in February between Indian Prime Minister Narendra Modi and US President Donald Trump...

previous day 70

Dawn Business

Dawn.com

Engin­eering Development Board to prepare Power Sector Indigenisation Plan

Engin­eering Development Board to prepare Power Sector Indigenisation Plan

ISLAMABAD: The Engin­eering Development Board (EDB) has been tasked by the Ministry of Energy under the National Electricity Policy 2021 and...

previous day 4

Dawn Business

Kalbe Ali

Cabinet extends licences for 86 foreign pilots

Cabinet extends licences for 86 foreign pilots

ISLAMABAD: The federal cabinet on Tuesday approved the extension of licences for 86 foreign pilots currently employed in Pakistan for the past two...

previous day 3

Dawn Business

The Newspapers Staff Reporter

Exporters warn against changes in Export Facilitation Scheme

Exporters warn against changes in Export Facilitation Scheme

ISLAMABAD: Textile players have warned the government that any proposed changes to the Export Facilitation Scheme (EFS), particularly imposing a...

previous day 4

Dawn Business

The Newspapers Staff Reporter

Microsoft relaxes data center grip on OpenAI amid $500bn joint venture

Microsoft relaxes data center grip on OpenAI amid $500bn joint venture

Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and...

previous day 10

Dawn Business

Reuters

PM orders probe into dredging contract of Karachi Port Trust

PM orders probe into dredging contract of Karachi Port Trust

ISLAMABAD: Prime Minister Shehbaz Sharif ordered an inquiry into the alleged procurement violations in a dredging contract awarded by the Karachi...

previous day 30

Dawn Business

Kalbe Ali

Microsoft relaxes data centre grip on OpenAI amid $500bn joint venture

Microsoft relaxes data centre grip on OpenAI amid $500bn joint venture

Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and...

previous day 10

Dawn Business

Reuters

Stocks lose 803 points on profit-taking

Stocks lose 803 points on profit-taking

KARACHI: In contrast to the global bullish trend in world stock markets following the inauguration of Donald Trump as the 47th president of the...

previous day 20

Dawn Business

Muhammad Kashif

Independent power producer Rousch hands over complex

Independent power producer Rousch hands over complex

KARACHI/ISLAMABAD: Rousch Pakistan Power Ltd (RPRL), an independent power producer (IPP), has handed over its complex to the designated government...

wednesday 40

Dawn Business

The Newspapers Staff Reporter

Repatriation of profit surges 114pc

Repatriation of profit surges 114pc

KARACHI: The outflow of profit and dividends on foreign investments surged 114 per cent during the first half of the current fiscal year. The...

wednesday 40

Dawn Business

Shahid Iqbal

Oil imports show paltry growth

Oil imports show paltry growth

ISLAMABAD: The oil import bill posted a paltry growth of over 1 per cent in the first half of the current fiscal year from a year ago, showed data...

wednesday 2

Dawn Business

The Newspapers Staff Reporter

Finance minister says $1bn loan agreed with two Middle Eastern banks

Finance minister says $1bn loan agreed with two Middle Eastern banks

Finance Minister Muhammad Aurangzeb told Reuters on Tuesday that the government has agreed terms for a $1 billion loan with two Middle Eastern...

wednesday 2

Dawn Business

Reuters

Textile exports rise 9.6pc in 1HFY25

Textile exports rise 9.6pc in 1HFY25

ISLAMABAD: The textile and clothing exports grew 9.67 per cent in the first half of 2024-25, data released by the Pakistan Bureau of Statistics...

wednesday 40

Dawn Business

Mubarak Zeb Khan

Saudi’s Manara Minerals to buy 10 to 20pc stake in Pakistan’s Reko Diq gold project: report

Saudi’s Manara Minerals to buy 10 to 20pc stake in Pakistan’s Reko Diq gold project: report

Saudi Arabian mining fund Manara Minerals is set to buy a 10-20 per cent in the Reko Diq copper and gold project in Pakistan for proceeds of about...

wednesday 40

Dawn Business

Reuters

US delegation meets BBoIT leadership to discuss investment in Balochistan

US delegation meets BBoIT leadership to discuss investment in Balochistan

QUETTA: Shahid Ahmed Khan, a member of the Presidential Advisory Committee on Arts (PACA) at the John F. Kennedy Centre in Washington D.C., met...

21.01.2025 20

Dawn Business

The Newspapers Staff Correspondent

At the mercy of climate change

At the mercy of climate change

The climate is changing rapidly, resulting in a range of new risks and vulnerabilities for rural people. The sixth assessment report of the...

21.01.2025 9

Dawn Business

Nasir Ali Panhwar

Reko Diq mine to generate $74bn in free cash flow over 37 years, says Barrick Gold CEO

Reko Diq mine to generate $74bn in free cash flow over 37 years, says Barrick Gold CEO

Mark Bristow, President and CEO of Barrick Gold The global demand for copper is expected to surge on the back of the electrification of mobility,...

21.01.2025 10

Dawn Business

Ammar H Khan

Centre, KP seek clarity on gas sale ‘in violation of rules’

Centre, KP seek clarity on gas sale ‘in violation of rules’

ISLAMABAD: The Prime Minister Office (PMO) and the Khyber Pakhtunkhwa government have sought clarity from the Petroleum Division over the proposed...

21.01.2025 2

Dawn Business

Khaleeq Kiani

Shares at PSX climb 700 points in intraday trade

Shares at PSX climb 700 points in intraday trade

Bulls maintained control of the trading floor as shares at the Pakistan Stock Exchange (PSX) climbed 500 points on Monday ahead of the central...

21.01.2025 2

Dawn Business

Mahira Sarfraz

Underutilising PSDP budget not only a missed opportunity but borders on negligence

It’s ironic that a democratic government prioritises the perks and privileges of the administrative machinery and the elite political class while...

21.01.2025 10

Dawn Business

Afshan Subohi

Pakistani markets festering with private and state-owned cartelisation are undermining competition

Several silent but formidable forces have been hindering market competition in Pakistan’s economic landscape: monopolies, cartels, and the...

21.01.2025 10

Dawn Business

Kalbe Ali

Five-day World Economic Forum moot kicks off in Davos

Five-day World Economic Forum moot kicks off in Davos

ISLAMABAD: Amid a world being shaped by geopolitical tensions, economic shifts, and technological advancement, the World Economic Forum is opening...

21.01.2025 2

Dawn Business

Amin Ahmed

Boosting growth in a durable way

Boosting growth in a durable way

Pakistan’s economy remains trapped in a low-growth equilibrium despite improving macro indicators, and according to International Monetary Fund...

21.01.2025 3

Dawn Business

Jawaid Bokhari

National security, broader alignment with emerging world order seen as Pakistan’s new priorities

National security, broader alignment with emerging world order seen as Pakistan’s new priorities

National security and broader alignment with the emerging world order have emerged as Pakistan’s new priorities, something politicians and the...

21.01.2025 1

Dawn Business

Mohiuddin Aazim

Shares at PSX climb more than 500 points ahead of MPC meeting

Shares at PSX climb more than 500 points ahead of MPC meeting

Bulls maintained control of the trading floor as shares at the Pakistan Stock Exchange (PSX) climbed 500 points on Monday ahead of the central...

21.01.2025 3

Dawn Business

Mahira Sarfraz

Brands must turn their attention from Gen Z to Gen Alpha

Brands must turn their attention from Gen Z to Gen Alpha

It’s no secret that Gen Z is one of the most influential consumer groups today. Despite not having the deepest pockets, they bring an...

21.01.2025 1

Dawn Business

Syed Waqas Azhar