Business Desk

Business Desk

The Business Desk tracks economic trends, market movements, and business developments, offering analysis of both local and global financial news.

Pakistan to issue first Panda bond next week as minister hails economic recovery
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Pakistan to issue first Panda bond next week as minister hails economic recovery

Aurangzeb oil import bill increased by over $1 billion between March and April due to higher oil prices

Pakistan reviews export incentives ahead of budget to boost growth
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Pakistan reviews export incentives ahead of budget to boost growth

Pakistan reviewed export promotion schemes and budget incentive options on Saturday, focusing on performance-based frameworks to boost competitiveness and SME participation

Petroleum companies hail govt decision to cut captive gas levy by 60%
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Petroleum companies hail govt decision to cut captive gas levy by 60%

PEPPCA Secretary-General Ibrar Khan says the cut could revive industrial gas demand and improve energy sector cash flows

Progress on Iran-U.S. ceasefire to set PSX direction next week
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Progress on Iran-U.S. ceasefire to set PSX direction next week

The KSE-100 gained 8,122 points during the week ending May 9, settling at 171,116 points

Pakistan hikes fuel prices by up to PKR 15 for one week
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Pakistan hikes fuel prices by up to PKR 15 for one week

The new prices will come into effect on May 9.

Forex traders urge Pakistan govt to recognize remittances as export earnings
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Forex traders urge Pakistan govt to recognize remittances as export earnings

ECAP met Senate finance committee members to push for regulatory reforms before the upcoming budget