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The Newspapers Staff Reporter

Dawn Business

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KCCI slams Nepra’s limited relief for Karachi consumers

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has strongly condemned the recent decision by the National Electric Power Regulatory...

yesterday 20

Dawn Business

The Newspapers Staff Reporter

Weekly inflation slows to 0.98pc

Weekly inflation slows to 0.98pc

ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), slowed to 0.98 per cent year-on-year in the week ending Feb 13 owing to...

previous day 40

Dawn Business

The Newspapers Staff Reporter

Slashing of petroleum prices likely from Feb 16th

Slashing of petroleum prices likely from Feb 16th

ISLAMABAD: The prices of all petroleum products are estimated to decrease by Rs2.50 to Rs9 per litre on Saturday for the next fortnight, ending Feb...

previous day 20

Dawn Business

The Newspapers Staff Reporter

PSO profit surges to Rs11.2 billion

PSO profit surges to Rs11.2 billion

KARACHI: Pakistan State Oil (PSO) delivered a stable performance in 1HFY25, posting 44 per cent increase in its unconsolidated net profit to Rs11.2...

saturday 20

Dawn Business

The Newspapers Staff Reporter

SBP reserves fall $500m in less than a month

SBP reserves fall $500m in less than a month

KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reser­ves plunged by over half a billion dollars in less than a month. On Thursday,...

saturday 20

Dawn Business

The Newspapers Staff Reporter

Call for market-driven agri reforms

Call for market-driven agri reforms

KARACHI: State Bank Deputy Governor Saleem Ullah on Wednesday emphasised the need for market-driven mechanisms in the agriculture sector instead of...

14.02.2025 40

Dawn Business

The Newspapers Staff Reporter

IPO gets robust response

IPO gets robust response

KARACHI: The first initial public offering (IPO) of 2025 on Tuesday oversubscribed by 1.9 times. According to Topline Securities, the book building...

13.02.2025 20

Dawn Business

The Newspapers Staff Reporter

Roshan Digital Account attracts $9.5bn

Roshan Digital Account attracts $9.5bn

KARACHI: The inflows through Roshan Digital Account (RDA) reached $9.564 billion, most of which were utilised domestically. The State Bank’s latest...

13.02.2025 30

Dawn Business

The Newspapers Staff Reporter

Crackdown against LPG safety violations

Crackdown against LPG safety violations

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Tuesday announced that it had launched a crackdown against theft of gas, illegal decanting...

13.02.2025 30

Dawn Business

The Newspapers Staff Reporter

Auto sales shoot up 73pc in January

Auto sales shoot up 73pc in January

KARACHI: Barring a drop in demand for tractors, sales of cars, pickups, vans and light commercial vehicles (LCVs) surged 61pc year-on-year and 73pc...

13.02.2025 30

Dawn Business

The Newspapers Staff Reporter

Land corruption inflicts Rs3tr loss in Karachi alone, says NAB chief

Land corruption inflicts Rs3tr loss in Karachi alone, says NAB chief

KARACHI: Expressing serious concerns about realty fraudulent practices across Sindh, National Accountability Bureau (NAB) Chairman retired Lt Gen...

13.02.2025 40

Dawn Business

The Newspapers Staff Reporter

Licence granted to digital brokerage

Licence granted to digital brokerage

ISLAMABAD/KARA­CHI: The Securities and Exchange Commission of Pakistan (SECP) has gran­ted a licence to Tamkeen Securities (Pvt) Ltd,...

12.02.2025 20

Dawn Business

The Newspapers Staff Reporter

Local IT firms sign deals in Riyadh

Local IT firms sign deals in Riyadh

KARACHI: Pakistani IT companies have attra­cted numerous internati­onal companies from various sectors and cut investment deals at LEAP 2025, the...

12.02.2025 20

Dawn Business

The Newspapers Staff Reporter

Govt needs to exploit US export opportunity: industry experts

Govt needs to exploit US export opportunity: industry experts

KARACHI: As the US has imposed a 10 per cent import tariff on China, industry players believe that exporters mainly need to be more vigilant to tap...

10.02.2025 30

Dawn Business

The Newspapers Staff Reporter

SECP warns public against investing in realty schemes

SECP warns public against investing in realty schemes

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Friday reiterated that registration of a company with the SECP does not permit...

09.02.2025 60

Dawn Business

The Newspapers Staff Reporter

Premier vows more cuts in power tariffs

Premier vows more cuts in power tariffs

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday said electricity tariff will further be reduced for domestic and industrial consumers through power...

09.02.2025 20

Dawn Business

The Newspapers Staff Reporter

SBP reserves up $46m

SBP reserves up $46m

KARACHI: The State Bank of Pakistan (SBP) foreign exchange reserves increased by $46 million during the week ended on Jan 31 after witnessing a...

08.02.2025 20

Dawn Business

The Newspapers Staff Reporter

Pakistan Business Council warns costly gas to hit exports

Pakistan Business Council warns costly gas to hit exports

KARACHI: The Pakistan Business Council (PBC) has warned the government that the $60bn export target by 2027 is unlikely to be achieved after a massive...

06.02.2025 20

Dawn Business

The Newspapers Staff Reporter

Oil sales rise 8pc, fertiliser demand plunges

Oil sales rise 8pc, fertiliser demand plunges

KARACHI: The country’s oil sales rose eight per cent to 1.38 million tonnes in January from 1.28m tonnes in December 2024 while it remained static...

06.02.2025 10

Dawn Business

The Newspapers Staff Reporter

Rs1m loan for youth seeking jobs abroad

Rs1m loan for youth seeking jobs abroad

KARACHI: Prime Minister’s Youth Scheme now offers loans up to Rs1 million for individuals willing to travel abroad for employment. According to Rana...

06.02.2025 50

Dawn Business

The Newspapers Staff Reporter

Green taxonomy draft issued

Green taxonomy draft issued

KARACHI: The State Bank of Pakistan (SBP) has released the draft of the National Green Taxonomy prepared with the assistance from the World Bank. As...

06.02.2025 20

Dawn Business

The Newspapers Staff Reporter

FBR demands Rs18bn from tractor maker

FBR demands Rs18bn from tractor maker

ISLAMABAD: Following the directives of the Presidency, the inquiry by the audit department of the Federal Board of Revenue (FBR) has finalised a...

05.02.2025 20

Dawn Business

The Newspapers Staff Reporter

Cement sales fall

Cement sales fall

KARACHI: Despite a rise of 11.64 per cent in sales during January, local cement despatches recorded a 7.6pc drop to 21.435 million tonnes during the...

05.02.2025 30

Dawn Business

The Newspapers Staff Reporter

CM Sindh Murad forms committees to facilitate businesses

CM Sindh Murad forms committees to facilitate businesses

KARACHI: Sindh Chief Minister Murad Ali Shah has formed eight ministerial committees to resolve problems traders and industrialists face across the...

05.02.2025 30

Dawn Business

The Newspapers Staff Reporter

FBR foils ‘attempt to game faceless assessment system’

FBR foils ‘attempt to game faceless assessment system’

ISLAMABAD: The FBR has foiled an attempt by fraudsters to game the newly launched faceless customs assessment system (FCAS) at Karachi ports and...

03.02.2025 30

Dawn Business

The Newspapers Staff Reporter

Record 3,442 firms enrolled in January

Record 3,442 firms enrolled in January

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has achieved a historic milestone by incorporating a record number of companies...

03.02.2025 20

Dawn Business

The Newspapers Staff Reporter

SBP chief pushes banks to expand agri-financing

SBP chief pushes banks to expand agri-financing

• Hails record Rs2.22tr agriculture credit in FY24 • Financing in first half of FY25 reaches Rs1.27tr KARACHI: The State Bank of Pakistan reported...

02.02.2025 10

Dawn Business

The Newspapers Staff Reporter

Zarea plans Rs1bn IPO

Zarea plans Rs1bn IPO

KARACHI/ISLAMABAD: Zarea Ltd, a leading B2B digital marketplace for commodities, on Saturday announced to raise Rs1 billion through initial public...

02.02.2025 20

Dawn Business

The Newspapers Staff Reporter

Weekly inflation slows to 0.4pc

Weekly inflation slows to 0.4pc

ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), further slowed to 0.44 per cent year-on-year in the week ending Jan 30...

02.02.2025 20

Dawn Business

The Newspapers Staff Reporter

Govt urged to renegotiate trade agreements

Govt urged to renegotiate trade agreements

KARACHI: Pakistan Business Council (PBC) has recommended comprehensive benchmarking of export incentives with competitor countries, advising the...

02.02.2025 30

Dawn Business

The Newspapers Staff Reporter

Power consumers to get merely 28-paisa refund

Power consumers to get merely 28-paisa refund

ISLAMABAD: The fuel cost for electricity consumers of all state-owned distribution companies (Discos) would reduce by only 28 paise per unit in...

01.02.2025 10

Dawn Business

The Newspapers Staff Reporter

foreign reserves fall

foreign reserves fall

KARACHI: The foreign exchange reserves of the State Bank of Pakistan (SBP) declined $76 million to $11.372 billion during the week ended on Jan 24 due...

01.02.2025 50

Dawn Business

The Newspapers Staff Reporter

US official, commerce minister discuss investment

US official, commerce minister discuss investment

ISLAMABAD: The newly appointed US charge d’affaires, Ms Natalie A. Baker, met with Pakistan’s Commerce Minister Jam Kamal on Wednesday to discuss...

31.01.2025 20

Dawn Business

The Newspapers Staff Reporter

Lucky Motor Corporation unveils Sportage L

Lucky Motor Corporation unveils Sportage L

KARACHI: Lucky Motor Corporation (LMC) unveiled the 5th Generation of Kia Sportage L (long wheelbase) on Wednesday. LMC Chief Executive Muhammad...

31.01.2025 10

Dawn Business

The Newspapers Staff Reporter

NA panel questions quality negligence in rice exports

NA panel questions quality negligence in rice exports

ISLAMABAD: The National Assembly Standing Committee on Commerce has expressed concerns about neglect in the quality inspection procedure, which has...

31.01.2025 20

Dawn Business

The Newspapers Staff Reporter

Easypaisa Bank gets digital bank licence

Easypaisa Bank gets digital bank licence

KARACHI: The SBP awarded the first digital retail bank licence to Easypaisa Bank on Tuesday. In a ceremony held at the central bank, Governor Jameel...

30.01.2025 40

Dawn Business

The Newspapers Staff Reporter

Chinese firm offers rice, maize cultivation project for Cholistan

Chinese firm offers rice, maize cultivation project for Cholistan

LAHORE: A leading Chinese company has offered launching a pilot project for cultivation of rice and maize in Cholistan desert in Punjab, besides...

29.01.2025 20

Dawn Business

The Newspapers Staff Reporter

Short-term inflation rises 0.52pc

ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), rose 0.52 per cent year-on-year in the week ending Jan 23, the lowest...

26.01.2025 50

Dawn Business

The Newspapers Staff Reporter

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...

25.01.2025 50

Dawn Business

The Newspapers Staff Reporter

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 critical...

25.01.2025 20

Dawn Business

The Newspapers Staff Reporter

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...

24.01.2025 20

Dawn Business

The Newspapers Staff Reporter

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...

23.01.2025 10

Dawn Business

The Newspapers Staff Reporter

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 and...

23.01.2025 50

Dawn Business

The Newspapers Staff Reporter

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...

23.01.2025 30

Dawn Business

The Newspapers Staff Reporter

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 sales...

23.01.2025 10

Dawn Business

The Newspapers Staff Reporter

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...

22.01.2025 40

Dawn Business

The Newspapers Staff Reporter

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...

22.01.2025 10

Dawn Business

The Newspapers Staff Reporter

Rwanda seeks to expand direct trade

KARACHI: High Commissioner of Rwanda Harerimana Fatou has revealed that 45 per cent of tea arriving in Pakistan originates from Rwanda but is routed...

20.01.2025 10

Dawn Business

The Newspapers Staff Reporter

IT exports thrive despite internet issues

KARACHI: Despite challenges such as internet disruptions and firewalls, Pakistan achieved its highest-ever monthly IT exports of $348 million in...

19.01.2025 20

Dawn Business

The Newspapers Staff Reporter

Govt notifies sale of 35pc gas output to private parties

ISLAMABAD: After prolonged resistance from Sui gas companies, the government on Friday issued a statutory order that allowed exploration and...

19.01.2025 10

Dawn Business

The Newspapers Staff Reporter