Business

Bank signals that exit from years of exceptionally easy policy will be slow

Dollar has more than doubled in value against Turkish currency this year

Demand has been rising in 2021 after last year’s collapse

Right time to invest, start a business in Pakistan, says minister

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

Central bank gives no reason behind decrease

Expert points out Pakistani rural areas have huge biomass reserves

Official says mills are on verge of shutdown, business losing orders

Younger generation encouraging mobile makers to equip faster, capable processors

ICCI chief says appropriate attention not being paid to the sector

Also approves draft of new automobile policy that discourages use of electric vehicles

Large industries post 3.6% expansion during July-October 2021

Benchmark KSE-100 index declines 1.43% to settle at 43,731.2

Central bank gives no reason behind decrease

Demand for the foreign currency stands higher compared to its supply

PM aide suggests planning imports to avoid price hike in country

FIO says secrecy in insurance documents creates problems

Eye cooperation in potato starch processing, embroidery products

Growth expected on back of investor shift to alternative assets

Food minister laments lack of focus on quality food and seeds

Minister says scheme is part of Digital Pakistan initiative

Rapid growth of e-commerce encourages firms to innovate

Ministry demands inquiry into poor design of Warsak Canal System

CPEC Schemes facing delays due to overall slowdown of work, Covid disruptions

Benchmark KSE-100 index gains 1,120.15 points to settle at 44,366.86

Energy minister says thrust of reform is towards deregulation, documentation and enhancing competition in sugar sector

Ogra had recommended Rs10.77 and Rs7.77 per litre reduction in the rates of the two products respectively

Coastal city projected to generate 1.2m jobs for skilled workers, professionals

Experts demand proper mechanism for removal of hurdles in bilateral trade

Starlink internet could also be expanded to the unserved and underserved areas of Pakistan

Demand for the foreign currency stood higher

Company to facilitate building material retailers via physical, digital presence

Aid focused on increasing agricultural productivity, enhancing food security

Petroleum Division discloses this in presentation to Cabinet Committee on Energy

Despite increase, SBP estimates inflation, current account deficit to remain elevated

Benchmark index gains 370.34 points to settle at 43,246.71

Surge in new Covid-19 cases expected to slow recovery in oil demand

Says global surge in Covid-19 cases suggests pandemic will take time to play out

Increase in line with market expectations

Envoy says bilateral economic cooperation can unlock new avenues for trade

SBP governor says initiative will result in significant increase in bank account openings

Asks authorities to identify factors behind fertiliser black market

Inflows slow down to $2.4b with decrease in global Covid cases, economic recovery

Cabinet gives its nod as earlier requirements allowed only engineers to apply

Shipments to overseas markets rise in wake of rupee depreciation

Previous government had banned use of old-design currency notes from Dec 2016

Rise comes due to low base effect as automakers sell 18,714 units

Increase in policy rate expected to reduce trade, current account deficits

As demand for the foreign currency stands higher

Benchmark KSE-100 index plunges 519.41 points to settle at 42,876.37