Business

Improved purchasing power, end of mobility restrictions drive increase

Meets World Bank team, stresses need for better service delivery

Market expects inflows to stay above $2b per month in future

Experts welcome development, saying it will help gain access to Afghan markets

Proposal comes as govt seeks to reduce forex risk to foreign-funded projects

Will take cabinet’s nod for unlimited extension in drive to tap global capital markets

The publication holds former FBR chairman in high esteem for his role in introducing reforms during his tenure

Benchmark KSE-100 index adds 139.33 points to settle at 46,079.37

Prices on track for first weekly decline after seven consecutive weekly gains

Increase comes due to jump in international steel rates

Move will help collect Rs292 billion from consumers, reduce circular debt

Avocado plantation part of the climate-resilient crops campaign

Rupee strengthened against US dollar at Rs174.87 in the inter-bank market

Under the scheme, 43km dual-track modern urban mass transit system will be built

Increase comes on back of receipt of IMF tranche, Sukuk issue

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