Business

It came after Petroleum Division asked govt to fully indemnify state companies

Gains capped by snowstorm expected to hit US travel

Economic gains stemming from demographic dividend constrained by large number of dependents

SBP governor says energy imports need to be curtailed

ECC disallows 2nd subsidy to PSO, sets up committee to settle debt of Rs1.4tr

Transaction expected to attract foreign direct investment into Pakistan

Minister says government will develop coastal areas to tap into all possibilities

Consul General-designate urges businessmen to capitalise on opportunity

Analysts say growth hindered due to government indifference, inconsistent policies

World Bank okayed financing for five projects to support flood-hit areas of Sindh

Dastgir was supposed to give briefing on illegal hiring in power companies

Dollar demand-supply gap encourages people to invest in gold

UAE telecom giant offered only one-third of outstanding proceeds of PTCL privatisation

Proposal for Turkey, Norway to lead negotiations were rejected by Pakistan and India

Businessmen looking to invest in other sectors too, says CEO of real estate company

Envoy says Kyrgyzstan exported 3,000 tonnes of coal to Pakistan this year

Second auto-maker, in four days, to halt production

Beijing relaxes mobility curbs, plans to step up support for economy

Ministers agreed to trigger a cap if prices exceed 180 euros/MWh for three days

Requires it to restore Right of Way for cable, internet service providers

Asks PM Office to take back decision on hiring audit firm for stock verification

Experts anticipate gold price may rise to Rs200,000 per tola due to rupee fall

Ministry says reforms being implemented with IMF assistance

Ministry works out a whopping Rs31.60 per unit electricity surcharge

In a crisis, govt is expected to rein in expenditures but it is doing the opposite

First preference for domestic tourists should be local spots, however, that is not the case at the moment

SECP should start thinking about mandatory disclosure, country’s role in greener economy

Real wages grow faster than productivity as govt raises minimum wage every year

Federal government restructuring will form basis for such a charter

IMF does not require Cairo to cut spending on subsidies

Will sell holdings for at least $772 million

S&P 500 banks index slumps around 11% this month

Aluminium makers poised to boost low-carbon metal output by 10% next year

NEPRA will hold public hearing on Dec 27 to discuss company’s petition

Targets to cut net greenhouse gas emissions by 55% by 2030

Two 777 aircraft to be added to airline’s fleet after rehabilitation by January

Benchmark KSE-100 index drops by 397 points to settle at 41,301

Central bank also provides Rs40.5b to Shariah-compliant banks for 70 days

It comes under fuel cost adjustment with total relief of Rs3.3 billion for consumers

Gap shrinks to $276m in Nov on back of significant drop in imports

Discussions to encourage B2B engagement between Chinese investors and their local counterparts

High gas prices, supply disruptions lead some countries to turn to cheaper coal

Amount deposited in escrow account which will be paid for dispute settlement

Grid station will help improve power supply in surrounding areas of Chakwal district

Businessmen fear closure of plants, large-scale unemployment

Dar says it will help achieve high growth, social harmony

Corporate farming, research identified as areas that will ensure food security

New arrangements include development of mineral resources by a joint venture

The real estate leader made Pakistan proud by winning two 5-star International Property Awards

Berlin’s half-a-trillion-dollar bazooka may not be enough