Business

Currency edges up in backdrop of ADB loan approval

Urges govt to rationalise prices in line with rise in raw material rates

US sanctions complicate imports as payments are in dollars

Says network of related charging infrastructure to be established

Need to enhance bilateral trade with France; trade volume well below the existing potential

Hopes of stronger Chinese demand, weakening US dollar

Aims to minimise direct interaction with tax collectors

Envoy encouraged businesspeople to explore avenues to improve relations

Asked to focus on Africa, ASEAN and other regions to promote trade, exports

30 manufacturers have been issued licenses to start manufacturing mobile devices

Total trade volume between the two countries in 2021 was $217 million

Says Sage Venture Group Ltd acquired controlling stake in IGCF, not in K-Electric

Date extended due to political change

Yields on bonds increase further in international market

Arif Habib Dolmen REIT Management Limited applies for listing of Globe Residency REIT

Reserves record no major change in week ended October 14

Seeks third-party validation of cost escalation, submission of business plan

Crude stocks down 1.7 million barrels, US expected to sell 15 million barrels from reserves

Pakistan successfully adopts Chinese intercropping technology

With this expansion, LSM sector ends four-month losing streak

Number of deals to ship carbon-neutral LNG has dropped to less than 10 this year

New investment, rescheduling of debt also on agenda of PM’s visit to China

High interest rates, reduced purchasing power explain downward trend

Deficit fell by half to $316m in Sept compared to previous month

Govt approved conservation measures amid high energy costs, crisis

At the same time, power plants running on polluting and imported sources of fuel will be gradually phased out

IPRs encourage and protect innovations and inventions

The Indian rupee fell to record low versus the US dollar

China, the world’s top crude oil importer, indefinitely delayed release of economic indicators

Delay in online system mars issuance of visas to foreign businessmen

Considers taking additional stake if it makes “commercial sense”

High rates of duties, taxes encouraging smuggling

KE owners reaffirm they are majority shareholders, call Shanghai Electric potential buyer

Minister reviews preparation for CPEC’s Joint Cooperation Committee meeting

Ghurki pointed out that Pakistan was the sixth largest extractor of marble and granite

PAC takes notice of overcharging, delaying deliveries by local assemblers

Europe is facing an energy supply squeeze as Russia has progressively cut gas flows

Drop caused by reactivation of Hawala-Hundi operators, low export earnings

Beijing likely to increase domestic energy supply capacity

Envoy urges both countries to focus on improving business-to-business relations

Rate set at $14.78 per unit for SNGPL consumers

Abbasi, Chaudhry also endorse ICCI representation in CDA board

Says tech development must for strengthening economy

Lack of supplies forces textile mills to close; devastation hits workers

Will enhance overall hydroelectric power capacity to 20,684MW

Gas utilities to cut 50% supply due to reduced LNG import cargoes

Miftah outlines problems afflicting economy

Despite currency recovery, investor confidence seems to be ebbing

Currency rate provides main channel that fuels inflation in country

Estimates pegged the revenue losses due to technical constraints at Rs3,670 million in just FY 2021-22 alone