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1. UBL stake sale yields $387m
(Highlights/Business News)
... rity of the equity funds have positive approach towards Pakistan, he said. Out of the $387m, $310m will be foreign exchange component while the remaining amount in the rupee component; 90pc o ...
Monday, 16 June 2014
2. No hike in petroleum prices, orders PM
(Highlights/Business News)
... policies along with the stabilisation of the rupee and increase in the foreign exchange reserves have already resulted in a reduction in POL prices in the country. The prime minister was also informed ...
Monday, 02 June 2014
3. C/A deficit rises to $2bn
(Highlights/Business News)
Friday, 18 April 2014
... inister that his organisation also wanted to establish an international Pak Rupee programme, which would protect local businesses from exchange volatility. He also expressed interest i ...
Saturday, 12 April 2014
5. Bulls go wild; index crosses 29,000-level
(Highlights/Business News)
... and the market capitalisation of the exchange crossed Rs7 trillion. All credit to foreign investors who have gone wild on Pakistan equities. Overseas investors bought $6.49 million worth stocks in ...
Saturday, 12 April 2014
6.
(Highlights/Business News)
... ary, Dr Waqar Masood Khan, is serving as ex-officio member of the boards of Securities and Exchange Commission of Pakistan, Pakistan Dairy Development Company, National Industrial Parks Develo ...
Monday, 24 March 2014
7. Uncertainty prevails in currency market
(Highlights/Business News)
Tuesday, 18 March 2014
... hit all-time high at Rs112 two months back for a brief period. Pakistan Refinery Limited (PRL) Managing Director Aftab Husain sees greater impact on domestic oil prices as exchange rate is directly ...
Wednesday, 12 March 2014
... e to emerging market status. Analysts also pointed out that the investors were also taking cue from the Mumbai stock Exchange which also shot to its fresh historic highs. Analyst Ahsan Mehanti stat ...
Tuesday, 11 March 2014
10. UAE firm signs $2.5bn multi-project MoU
(Highlights/Business News)
... the project with the visiting delegation and would follow up with exchange of technical and legal documents over the next few days, an official said. In his meeting with the delegation at the ...
Thursday, 06 March 2014
11. 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
... per cent, partly as a result of a weaker exchange rate and slowing consumption. For 2013, Indonesia posted an overall deficit of $4.06 billion, taking the full-year current-account deficit  ...
Friday, 28 February 2014
13. SBP reserves jump
(Highlights/Business News)
Friday, 28 February 2014
14. Reforms proposed to tap insurance sector
(Highlights/Business News)
... by the Securities and Exchange Commission of Pakistan (SECP) on Thursday. The report, which proposes a roadmap of reform and development in the insurance industry, was launched in a ceremony attended ...
Friday, 28 February 2014
15. Stocks close lower; rupee gains against USD
(Highlights/Business News)
KARACHI: Pakistan's main stock exchange closed lower on Wednesday, with the benchmark 100-share index of the Karachi Stock Exchange falling 0.23 per cent, or 59.11 points to 25,500.50. The ...
Thursday, 27 February 2014
16. Asian shares lower despite G20 growth pledge
(Highlights/Business News)
... of credit to the property sector. Shanghai dropped 1.75 per cent, or 37.00 points, to close at 2,076.69. The Shenzhen Composite Index, which tracks stocks on China's second exchange, narrowed earlier ...
Monday, 24 February 2014
17. Pakistan forex reserves rise to $7.994bn
(Highlights/Business News)
KARACHI: Pakistan's foreign exchange reserves rose to $7.994 billion in the week ending February 14 compared to $7.589 billion in the previous week, the central bank said. Remittances from Pakistanis ...
Saturday, 22 February 2014
18. Pakistani stocks end higher; rupee weakens
(Highlights/Business News)
KARACHI: Pakistan's main stock exchange closed higher on Friday, with the benchmark 100-share index of the Karachi Stock Exchange rising 0.38 per cent, or 96.55 points to 25,603.35. The slight ...
Saturday, 22 February 2014
19. Accord today for $900m ADB assistance
(Highlights/Business News)
Wednesday, 12 February 2014
20. SECP enrols 397 firms in Jan
(Highlights/Business News)
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 397 new limited liability companies in January, bringing the total corporate portfolio to 62,644 companies. In ...
Wednesday, 12 February 2014
21. Radical change in export regime to Kabul
(Highlights/Business News)
... E-form. The only argument being given in support of the change in trade regime was that it would stop outflow of $1bn foreign exchange from the country. It seems that the government did not consider ...
Thursday, 06 February 2014
22. State Bank leaves policy rate unchanged
(Highlights/Business News)
Monday, 20 January 2014
23. Fertiliser prices on the rise
(Highlights/Business News)
... luable foreign exchange. However, most of this increase seems to have come due to an upsurge in production at Engro Fertiliser, after both its plants started receiving an additional 60mmcfd ...
Monday, 06 January 2014
24. Making remittances more productive
(Highlights/Business News)
Monday, 06 January 2014
25. Hybrid cars to cost kitty over $5m
(Highlights/Business News)
... total amount of foreign exchange spending of $2.4 to $4.8m per year in case 100-200 Prius cars find their way into the country on annual basis. An official in IMC said the company has not finalised ...
Saturday, 28 December 2013
26. Reserves minus IMF tranche fall
(Highlights/Business News)
Saturday, 28 December 2013
27. ECC diverts gas to textile units
(Highlights/Business News)
Wednesday, 18 December 2013
28.
(Highlights/Business News)
KARACHI: Pakistan's foreign exchange reserves dropped to $8.060 billion in the week ending December 6 compared to $8.238 billion in the previous week, the central bank said. Remittances from Pakistanis ...
Friday, 13 December 2013
29. Trade, industry laud GSP plus status
(Highlights/Business News)
...  leaders overwhelming lauded the decision and stated that it would help Pakistan overcome its major issues relating to unemployment, law and order situation as well as foreign exchange earnings.  ...
Friday, 13 December 2013
30. Stocks close above 25,000-level
(Highlights/Business News)
... owth for the first-quarter was projected at 5pc; the pledge by the finance minister to buffer up the foreign exchange reserves to Rs20bn in three years and to keep rate of inflation for the fina ...
Friday, 13 December 2013

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