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1. Corporates flush with cash
(Highlights/Business News)
... nt fiscal year (July to mid-September) revealed that the private sector had retired debt instead of borrowing; the net borrowing by the sector during the period was negative Rs74bn. Professor  ...
Friday, 10 October 2014
Monday, 16 June 2014
Monday, 16 June 2014
4. UBL stake sale yields $387m
(Highlights/Business News)
Monday, 16 June 2014
5. Bulls go wild; index crosses 29,000-level
(Highlights/Business News)
...  Global said that the bulls dominated the index on Thursday. PSO outperformed the market on anticipation of resolution of circular debt and rumours of increase in dealer margins. The government successfull ...
Saturday, 12 April 2014
6. GDP grows 5pc in first quarter: SBP
(Highlights/Business News)
... ver the foreign exchange gap in other heads. The report said that repayments on external debt continued to exceed fresh disbursements while foreign investments remained shy. This caused a strai ...
Friday, 28 February 2014
7.
(Highlights/Business News)
...  slightly fell to Rs326.5 billion in FY13. Bankers say these levels of corporate earnings helped in regularisation of bad loans and led to debt recoveries, which shot up from Rs16.4 bil ...
Monday, 24 February 2014
KARACHI: Finance Minister Ishaq Dar, who launched secondary market trading of government debt securities through the KSE on Tuesday, asserted that it was the first step towards developing a thriving ...
Wednesday, 19 February 2014
9. Stocks extend overnight losses
(Highlights/Business News)
... tcome of Turkish RPP damages claim of $2.1bn from GOP, delays in privatisation of SOEs and circular debt concerns in energy sector were major reasons for stocks fall. Analyst Ovais Ahsan at JS  ...
Wednesday, 12 February 2014
10. Moody's cuts Sony's credit rating to junk
(Highlights/Business News)
Monday, 27 January 2014
11. Consumer financing rekindled
(Highlights/Business News)
Monday, 20 January 2014
12. State Bank leaves policy rate unchanged
(Highlights/Business News)
... the monetary policy announced carried some serious concerns over government borrowing from the central bank, possible shortfall in tax revenues, recurrence of energy sector circular debt, and delays ...
Monday, 20 January 2014
... to clearance of circular debt had increased industrial growth by five per cent against an average of three per cent during the last five years. This underscored the need and significance of emphasizing ...
Monday, 20 January 2014
14. SBP projects economic growth rate of 3-4pc
(Highlights/Business News)
Thursday, 16 January 2014
15. Govt back to square one
(Highlights/Business News)
...  government had paid when it took over to clear the lingering circular debt. According to the latest figures compiled by Pakistan Electric Power Company (Pepco), these receivables stood at Rs499.63 ...
Monday, 06 January 2014
16. Poor planning leads to hike in fuel prices
(Highlights/Business News)
... lls and leakages continue unabated. As a result, the circular debt, cleared by the government in July 2013, has piled up to Rs215 billion in the first six months of the current fiscal. GAS: ...
Monday, 06 January 2014
17. Reserves minus IMF tranche fall
(Highlights/Business News)
...  Dec 20 and this was due to debt servicing and other official payments. The State Bank of Pakistan said external debt servicing was $162 million inclusive of $58 million repayment to International Mon ...
Saturday, 28 December 2013
18. Private sector borrowing rises
(Highlights/Business News)
Saturday, 28 December 2013
19. ECC diverts gas to textile units
(Highlights/Business News)
... ert their plants from furnace oil to coal within 24 months when the government cleared the circular debt in May-June this year. The meeting was informed that once the above IPPs were converted to c ...
Wednesday, 18 December 2013
20. SBP forex reserves tumble below $3bn
(Highlights/Business News)
Friday, 13 December 2013
21.
(Highlights/Business News)
Monday, 25 November 2013
22. Banks expect rise in interest rate
(Highlights/Business News)
Wednesday, 13 November 2013
... last year. Sharif has started to tackle the problem by paying off government debts to energy companies and slashing populist subsidies for power. But the debts are already piling  ...
Monday, 28 October 2013
24. Index settles above 22,000-level
(Highlights/Business News)
... $5.73 million on Tuesday. Including net purchases of $4.94 million the previous day, foreign institutional inflow into equity market crossed $10m in two days. An analyst said that as the debt ceiling ...
Wednesday, 23 October 2013
Tuesday, 22 October 2013
26. Stocks jump 155 points on foreign buying
(Highlights/Business News)
...  value almost doubled to Rs3.980 billion, from Rs2.057bn the previous trading session. The end of impasse in US over the debt ceiling was a relief to the global equity markets. The great expectation ...
Tuesday, 22 October 2013
27. SSRL raises investment for Thar projects
(Highlights/Business News)
...  for the project and will also arrange the required debt facilities from a consortium of Chinese banks. GMC will also help SSRL in its ongoing negotiations with a Chinese state-owned engineering procuremen ...
Saturday, 31 August 2013
... for the project and will also arrange the required debt facilities from a consortium of Chinese banks. GMC will also assist SSRL in its ongoing process of negotiating an engineering procurement and construction ...
Thursday, 29 August 2013
...  hydropower projects would apparently be a property of Gilgit-Baltistan and they were expected to generate revenues. Consequently, the region should be able to pay off the debt being taken for the construction ...
Wednesday, 28 August 2013
...  trouble after an international expansion loaded the company with debt. The company has seen its share price plunge more than 60% in the past twelve months. Restructuring exercise The firm, whic ...
Tuesday, 27 August 2013

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