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Aquatic exports to China hit $153 million
China becomes Pakistan’s largest export destination for aquatic products
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Solar project cost spikes 30%
Surge comes as tax exemption on import of panels, equipment withdrawn
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Cabinet concerned over malpractices in hiring
Says advertisements favour some predetermined candidates for key positions
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Hike in mobile tax invites criticism
Industry calls move counterproductive to govt’s goal of digitalisation
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Govt approves KCR financing structure
It comes amid warnings scheme carries high risks, is not financially viable
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Govt in violation of debt reduction law, cabinet told
Finance ministry says debt burden is Rs11.8tr higher than legally allowed limit
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Cotton sowing area to rise 20%
Per-acre yield and area to be enhanced, South Punjab Agriculture Secretary Saqib Ali Ateel assures farmers.
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Market watch: Profit-taking pulls stock market down
Benchmark KSE-100 index drops 36.14 points to settle at 44,887.77
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Rupee weakens against dollar
The rupee had been on the downtrend since hitting 22-month high of Rs152.27 in May 2021
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Mari Petroleum’s profit inches up to Rs7.5b
Rise comes on account of dip in exploration cost, expansion in sales
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Bitcoin slips to six-month low over Ukraine conflict
Fears of Russian attack pummel shares across world, bolster dollar and oil
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Industry on path of growth
Hurdles can restrain textile sector from meeting export target
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Live-stream selling boosts goods demand
Pakistani products receive 2.3m views, 12,000 orders during China’s Shopping Festival
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SBP leaves rate unchanged at 9.75%
Signals no further increase in rate as balance between inflation, growth achieved
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ECC sets minimum indicative price for tobacco
Approved price is nearly 8% less than that recommended by food security ministry
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CDNS acts to promote digital investment
Developing electronic prize bonds which can be bought through online channels
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Govt stops hiring process for ZTBL unit
Cabinet members call advertisement flawed and tailor-made, suggest publication of new ad
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Market watch: Bears pull stocks down ahead of MPC meeting
Benchmark KSE-100 index declines 94.37 points to settle at 44,923.91
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Oil falls on strong dollar, potential Fed rate increases
Tight supplies, higher geopolitical risks in Europe, Middle East prop up prices
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Bitcoin skids to six-month low as fears of Ukraine conflict shake markets
Fears of conflict pummelled shares across the world while bolstering the dollar and oil
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Monetary policy: SBP maintains interest rate at 9.75%
Decision largely in line with market expectations
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Mini-budget impact on the vulnerable
Finance minister’s claim new measures will only affect the affluent contrary to facts
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Lessons from Kazakhstan’s political crisis
Smartest way to reduce economic vulnerability is to displace $15-16b of annual energy imports
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Inflation outlook highly uncertain: ECB
Euro zone inflation hit 5% in December, more than twice ECB’s target
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Need for export-oriented strategies
Pakistan has very low export-to-GDP value at par with sub-Saharan Africa
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Emerging copper market and opportunities
Renewable energy needs 4-6 times more copper than fossil energy
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‘Biden’s economic agenda modern supply-side economics’
US treasury secretary says it focuses on improving infrastructure
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Covid surge takes toll on stocks
Benchmark KSE-100 index sheds 745 points to close at 45,018
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Royal Dutch no more - Shell changes name
London, Amsterdam stock exchanges will reflect name change on January 25
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Germany cries foul over EU draft plan
Strategy envisages labeling nuclear power plants as sustainable energy source
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Current account gap widens to $9.1b
Deficit stems from jump in global oil prices, though import volumes shrink
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Experts project status quo in MPC meeting
Central bank to meet on Jan 24 to assess economic developments, announce policy rate
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Steel unit to start production at Rashakai SEZ soon
Century Steel of China’s Jincheng Industry Development Private Limited has occupied 20 acres of land at Rashakai SEZ
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Fertiliser shortage, price hike to dent wheat output
Growers fear sugarcane and maize crops also under threat
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SPI decreases 0.06%
Average prices of 24 items rose in a selected basket of goods, prices of seven items fell
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Rupee strengthens against dollar
Rupee had been on downtrend since hitting 22-month high of Rs152.27 in May 2021
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NEPRA to initiate legal proceedings
Proceedings to be against companies that depict poor performance in health, safety, environment
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Farmers urged to adopt modern methods
Official highlights they can help enhance yield per acre, income of growers
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Prepare for big central banks moving out of step: policymakers
Excessive stimulus has pushed inflation to multi-decade highs around the world
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President calls for facilitating cross-border trade
Underlines need to upgrade road infrastructure, telecom services in Balochistan
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Vietnamese envoy stresses cooperation in rice, textile
Says two countries can create win-win mechanism
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K-Electric seeks tariff cut of Rs1.8 per unit
If approved by NEPRA, Karachi consumers will get Rs2.1b relief
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Digital banks to promote financial inclusion
SBP governor stresses digitisation of financial services gathering pace
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Steel prices fall Rs5,000 per ton
Lower scrap rates, demand slowdown drive down rebar prices
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Power production hits record high
Country generates 136,572GWh in 2021 which eases capacity payment burden
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LSM growth slows down further
Output of big industries expands just 3.3% in July-November 2021
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Market watch: Upward revision in GDP growth lifts bourse
Benchmark KSE-100 index rises 192.31 points to settle at 45,018.28
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Oil prices fall despite lingering supply concerns
Both benchmarks heading for fifth straight weekly gain
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DHL expects freight rates to stay high in 2022
Pandemic has severely disrupted global supply chains, slowing raw material flows
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Startups raise $366m in 2021
Acceleration in growth of startups discussed in meeting with PM












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