Business - DAWN.COM

Today's Paper | May 14, 2024

Govt unveils broader privatisation plan for state-owned enterprises

Govt unveils broader privatisation plan for state-owned enterprises

Announcement comes after PM headed a meeting on privatisation process of loss-making state enterprises, according to statement.

Updated 14 May, 2024 04:28pm

Related

PSX Highlights of the Day

Company	Price	Change	Change %	Volume
UVIC	7.9900	1.0000	14.31 ▲	243,000
ARUJ	8.1000	1.0000	14.09 ▲	6,000
ACIETF	11.6300	1.3100	12.69 ▲	1,000
RICL	9.9900	0.9900	11.00 ▲	10,000
SSML	5.8100	0.5500	10.46 ▲	7,500

Company	Price	Change	Change %	Volume
GRYL	3.0100	-0.3900	-11.47 ▼	5,500
HCL	613.9400	-49.7800	-7.50 ▼	519
KHYT	518.2400	-42.0200	-7.50 ▼	148
MQTM	43.2900	-3.5100	-7.50 ▼	2,500
MSCL	12.0800	-0.9200	-7.08 ▼	6,000

Updated May 14, 2024

Talks begin with IMF on new bailout

Talks begin with IMF on new bailout

Aurangzeb briefs visiting team on improvements in major indicators.

Published 14 May, 2024 06:31am

Petrol, diesel may see a fall of up to Rs15

Petrol, diesel may see a fall of up to Rs15

Despite rise in import premiums, local prices are expected to see second fortnightly drop.

Published 14 May, 2024 06:31am

Influential sugar industry plans five-fold increase in bagasse price

Influential sugar industry plans five-fold increase in bagasse price

With bagasse prices linked to coal, the price could rise to around Rs40,000 per tonne.

Published 14 May, 2024 06:31am

PM suspends two Passco officers over alleged failure in wheat purchase transparency

PM suspends two Passco officers over alleged failure in wheat purchase transparency

PM orders suspension of Passco’s managing director and general manager (procurement).

Published 14 May, 2024 10:12am

Citi sees new $8bn loan deal by July

Citi sees new $8bn loan deal by July

Citi says it expects Pakistan’s international 2027 bond to offer a sweet spot to investors with sufficient liquidity.

Published 14 May, 2024 06:31am

KP treasury to approve budget despite reservations

KP treasury to approve budget despite reservations

Demands PAC, NAB probe into expenditure by caretakers.

Updated 14 May, 2024 11:03am

FPCCI seeks opening of Chaman border

FPCCI seeks opening of Chaman border

FPCCI president calls for the immediate opening of the border "to alleviate the sufferings and financial losses of the traders".

Updated 14 May, 2024 09:55am

Pakistan resolved to advance cooperation with SCO on security, development: Deputy PM Dar

Pakistan resolved to advance cooperation with SCO on security, development: Deputy PM Dar

The foreign minister will co-chair bilateral dialogue with counterpart Wang Yi during his four-day visit.

Updated 13 May, 2024 04:56pm

IMF has asked Pakistan to cut subsidies, not hike energy prices: Senator Mandviwalla

IMF has asked Pakistan to cut subsidies, not hike energy prices: Senator Mandviwalla

PPP Senator says subsidies cut will be for “certain sectors” that the public sees “very little benefit” from.

Updated 13 May, 2024 06:09pm

Editorial: The tussle between Aurangzeb and Dar on privatisation was inevitable

Editorial: The tussle between Aurangzeb and Dar on privatisation was inevitable

Editorial: Consistent PSDP contraction is a sign of Pakistan’s lingering financial and economic crisis

Editorial: Consistent PSDP contraction is a sign of Pakistan’s lingering financial and economic crisis

Focusing on short-term respite remains top priority instead of long-term, sustainable solutions

Focusing on short-term respite remains top priority instead of long-term, sustainable solutions

Highlights

Solar net metering policy discontent

Solar net metering policy discontent

Squeezing the juice industry

Squeezing the juice industry

Pakistan’s rice-water dilemma

Pakistan’s rice-water dilemma

Financing a genocide in Gaza

Financing a genocide in Gaza

Paradox of investments and rates

Paradox of investments and rates

Looming pension crisis cries out for corrective measures

Looming pension crisis cries out for corrective measures

Aurora

What makes Kachelo a success story?

What makes Kachelo a success story?

Boycotts and brands

Boycotts and brands

Challenges working mothers face in the corporate sector

Challenges working mothers face in the corporate sector

Business & Finance

Solar net metering policy discontent

Solar net metering policy discontent

Current electricity pricing regime subsidises wealthy, solar power generating households while shifting cost burden on the grid-dependent citizens.

Published 13 May, 2024 08:55am

Pakistan’s rice-water dilemma

Pakistan’s rice-water dilemma

Govt must look into short to medium term water management as surging rice farming and depleting ground water may lead to serious environment consequences.

Published 13 May, 2024 08:51am

The crushing burden of unplanned families

The crushing burden of unplanned families

About 26.3pc of married Pakistani women want to prevent pregnancy but lack access to family planning methods.

Updated 13 May, 2024 10:44am

Let optimism and grit prevail

Focusing on IMF-enabled short-term respite remains top-priority instead of long-term, sustainable solutions.

Published 13 May, 2024 08:42am

Newspaper

Positive triggers toss stocks to new highs

Influential sugar industry plans five-fold increase in bagasse price

FPCCI seeks opening of Chaman border

Petrol, diesel may see a fall of up to Rs15

Citi sees new $8bn loan deal by July

Talks begin with IMF on new bailout

Auto sales rebound in April

Solar net metering policy discontent

Pakistan’s rice-water dilemma

The crushing burden of unplanned families

Let optimism and grit prevail

Fruit procurement in danger

KSE 100-share index fluctuations

Rupee report: Weekly rupee-dollar parity

COMPANY NEWS

CORPORATE WINDOW; Cartels, competition and cash

Financing a genocide in Gaza

Striving for the common good

Data points

Making India developed

Taylor over Olympics

Playing video games

America’s fiscal outlook

New York millionaires