Business

Global investors show willingness to invest in Pakistani businesses

Cites tourism, e-commerce, auto and pharma as potential areas of cooperation

Deposits hit all-time high of Rs20.97 trillion in prior month

Provincial finance minister says business-friendly policies will help achieve it

May make some adjustment for cess collection in new fertiliser policy

Benchmark KSE-100 index dips 0.86% to settle at 45,940.04

Foreign exchange: SBP reserves soar $1.61b to $17.34b

Robust demand recovery from Covid keeps global oil supplies snug

Global investors showing willingness to invest in local businesses

ECC approves Rs8.2b MPs’ recommended projects

Businessmen paying extra bill owing to delay in notification

Key stakeholders in meeting will help prepare future plan of action

SSGC, SNGPL penalise industrial units, recover dues of millions of rupees

Say post-clearance audit system not yet fully digitalised

Body formed for approval of strategic plan to launch 5G services by year-end

Minister says it will ease foreign exchange pressure, reduce trade gap

Deficit rises due to higher expenditures as revenue remains better than estimates

Government was promoting agriculture and providing a number of incentives to the farmers

Says efforts underway to provide low-cost electricity, gas to industries

Benchmark index adds 391.81 points to settle at 46,339.76

Contracts slid about 2% on Tuesday as Washington resumed talks with Iran

Chips Act will promote €15b investment by 2030

In dollar terms, it stands at $114 in Pakistan compared to $96 in India

Industry player says high taxes make telecom services, smartphones costly for consumers

Country representative says Fund brings policies to promote sustainable growth

Provinces unwilling to apply FBR’s property valuation rates, uniform sales tax

Tarin directs Balochistan govt to increase stock, ensure daily wheat release to mills

PM aide looks for action plan to meet climate commitments

Slaps Rs58m fine for violating regulatory instructions related to banking operations

Azhar says govt committed to ensuring energy supply to region

On December 29, 2021 the rupee hit an all-time low of Rs178.24 against the greenback

He appreciated the support of World Bank for Pakistan’s Covid response

FBR makes move through simple instructions bypassing constitutional framework

Benchmark KSE-100 index adds 106.7 points to settle at 45,947.95

Negotiations can revive international nuclear agreement, allow more oil exports from Iran

Water supply scheme in Haripur was being developed with the assistance of Japan

STZA, ZBRA sign letter of intent to promote knowledge ecosystem

Says authorities taking all-out measures to facilitate trade and exports

Railways ministry seeks support of cabinet body for building freight corridor

Company chairman says key approvals awaited for selling utility’s majority stake

Research house expects $75-95m foreign inflows in May 2022

Few segments cherish SBP for intervention through OMOs

SBP governor says Pakistan reduced debt-to-GDP ratio, increased forex reserves

Benchmark KSE-100 index drops 68.4 points to settle at 45,841.25

Sanctions relief expected to have limited impacts on Tehran’s struggling economy

Differential pricing, rationing are two possible tools to reduce impact of price surge

Overuse of numbers for political point-scoring affects credibility of economic management

High population density on outskirts results in more travel time, large CO2 footprint

Migration to urban areas, population growth lead to higher demand for housing

ESG integration is not only good for world but also for businesses