Business

Calls minimum tax of 1.25% very high for businesses

PDC piles up as govt decides to keep petroleum prices unchanged

Says country needs equitable cross-sector development of SMEs in all provinces

Stakeholders claim current stocks sufficient to fulfill local demand for next two months

Requires Rs1.24tr in remaining two months to achieve revised annual target

Sharp increase in commodity prices, notable hike in key policy rate led the profitability

Ministry opposes brief extension, suggests new names for appointment as governor

SBP has injected $1.2 billion into the inter-bank market

Remaining aircraft would arrive in Pakistan in a few months

Prices of four items fell and rates of remaining 22 goods recorded no change

Workshop to provide training in use, maintenance of modern machinery

Oil benchmarks slump from record highs due to Covid curbs in China

Pays $564.8m on 2022 Eurobond, $84.4m on 2042 bond in dollars

Businessmen regret advisory council formed without taking their input

In letter to PM, PBC calls for including commerce, industries ministers in council

Economy may grow 4% as it confronts inflation risks, external sector pressures

Say prolonged load-shedding will badly hurt economic activities

Seven-day OMO to address liquidity crunch in dried up market

KIBOR touching 13-year high, anticipation of spike in inflation sparked stock selling

Headed by PM, council planned to meet every week

Crude stocks rose by only 692,000 barrels last week, short of expectations

Supporting knowledge economies as innovators, start-up founders

It is due to electricity theft, line losses and fewer recoveries

Rupee had been on the downtrend since hitting 22-month high at Rs152.27 in May 2021

'If govt extended full support, the volume of furniture exports can touch $5 billion in next five years'

Rise in earnings is due to rupee depreciation, surge in energy prices

Aims to address challenges, ensure growth of capital markets, economy

Decrease comes on back of external debt, other payments

EU proposes 11 new conventions related to environment, labour rights for scheme

Lending rate increased by 145 basis points to 32-month high at 13.3%

Funds sought for providing security to Chinese who will be working on railway project

Decrease comes on back of external debt, other payments

Benchmark KSE-100 index drops 283.89 points to settle at 45,249.41

Senate panel irked over biting load-sheddings

United States crude stocks edge higher

Wall Street rises after rout drove Nasdaq to lowest close since Dec 2020

SBP has injected $1.2 billion into the inter-bank market to defend the rupee in the ongoing fiscal year

Indonesia stopped palm oil shipments abroad to stabilise prices in domestic market

Opts for asset fractionalisation to make high-value assets accessible to investors

Pakistan ready to join IT revolution by integrating and absorbing innovations in US technologies

Rupee depreciation, surge in crude oil, gas prices aided the rise in earnings of firm

Official suggests LPG prices can be brought down by Rs100 per kg

Expert laments agri sector was ignored under initial CPEC agreement

Govt raises Rs614b through auctioning treasury bills to commercial banks

Benchmark KSE-100 index drops 284.38 points to settle at 45,533.30

Cabinet to take up summary for removing Ashfaq Ahmad, appointing new FBR chairman

It comes due to rebound in Chinese domestic demand despite lockdowns

High import cost, rupee fall reverse earnings of automobile company

Last year’s surge in new coal plants of about 25.2 GW in China

Supply tightness related to phasing out of Russian oil adds to bullish sentiment