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PPL’s profit rises 18% to Rs16.9 billion
Increase comes on back of surge in other income, dip in finance cost
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Govt drops plan to control power theft
Delay in decision on fate of foreign-funded scheme for Lahore cost country $2.2m
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Refineries oppose shutdown
Write letters to DG oil, arguing their closure will push up POL imports
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Govt to set wheat support price before sowing
Seeks to maximise area under cultivation, ensure proper price for farmers
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Market watch: KSE-100 dips due to concern over loan talks
Benchmark index declines 160.16 points to settle at 45,418.20
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Oil prices extend gains to multi-year highs on tight supply
Both benchmarks closed last week with gains despite rising virus cases in UK and Eastern Europe
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Tariffs reforms: one step forward, two steps back?
Country has failed to diversify its produce as tariff structure restricts innovation, efficiency
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Another winter of energy crisis
Soaring LNG prices in global market might exacerbate gas shortage this year
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Renewable energy potential and constraints
Local investors should invest in solar, wind projects to prevent forex outflow
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UK – Pakistan’s underexploited market
Majority of exporters do not diversify export items destined for European nation
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Exporting out of Covid-induced economic crisis
Pakistan achieves higher export growth relative to competitors, but challenges remain
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Big tech earnings may be another test for global markets
Companies representing 46% of S&P 500’s market value due to post results
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China to pilot property tax scheme
Tax will be applicable on residential, non-residential property as well as land, property owners
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BMW to phase out fossil-fuel burning engines
Says at least half of vehicles produced in Munich will be electrified by 2023
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Saudi Arabia targets zero carbon emissions by 2060
Pledges to join global effort to slash methane emissions by 30% by 2030
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Daimler to stabilise supply chain
Major chip producers are saying restrictions in supply could continue into 2023
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Stress laid on green banking
20% of Pakistanis owned a formal bank account and only 5% of them were women
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Umar seeks IDFC’s financing for regional connectivity
Planning minister urges US-based institution to explore investment opportunities in Pakistan
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Gold shoots to 14-month high
Persistent depreciation of rupee against US dollar contributing to the surge
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Punjab removes NOC condition for investment
CM will inaugurate special investor portal at Dubai Expo
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SSGC board set to approve purchase of PSM land
Acquisition aimed at establishing tie-in point for two new LNG terminals
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PIA receives second A320 aircraft on dry lease
CEO says new version of fuel-efficient aircraft will improve services of airline
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PSX surges in short trading week
Pakistan-IMF talks continued to influence investor interest at PSX
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Japan agrees on $200m debt deferral
Total deferred debt for Pakistan reaches around $570 million
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Renault forecasts production fall
Renault nevertheless confirmed its forecast of reaching a full year operating margin of 2.8% of turnover
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Rupee drops to 174 against dollar
Rupee has maintained its downturn
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Govt working to improve border management
Official says it will facilitate business community of Pakistan, Afghanistan
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Engro Corp’s profit falls 27% to Rs11.4b
Jump in other expenses, finance cost drives decline in earnings
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PSX adopts new trading system
Advanced platform capable of detecting data leakages and theft attempts
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Pakistan can become big olive producer
Technology transfer, human resources training will help increase olive output
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Digital payments show robust growth
Boost comes due to significant rise in mobile, internet banking in Pakistan
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Market watch: Stocks fall as Pakistan stays in FATF grey list
Benchmark KSE-100 index sheds 243.04 points to settle at 45,578.36
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Oil stays near $85 a barrel, Brent set for seventh weekly gain
Coal, gas shortages in China, India and Europe boost prices
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SBP reserves fall $1.65b to $17.5b
Net reserves held by banks amounted to $6,835.2 million
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Good yield of six crops secured
Good omen that Pakistan’s textile, agriculture and housing sectors are growing, says SAPM
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Rupee continues to weaken
Hits new all-time low at Rs173.96 in inter-bank market
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Policy rate to rise due to high bond yields
Analyst says SBP may increase interest rate by one percentage point over six months
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Power tariff to fall after privatisation of companies
NEPRA chief reviews extension in industrial package for K-Electric consumers
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Prices of steel rebar increase again
Rise comes because of persistent disruption in global market, rupee depreciation
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South Africa keen to increase trade to $2b
Envoy underlines need for business linkages between private sectors of two sides
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SBP to introduce full range of digital banking
Says consultative phase for digital banking has concluded
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Ex-FBR chief order termed illegal
Senate body calls for doing away with powers to attach bank accounts
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OGDC makes gas discovery in Balochistan
Well flowed at the rate of 2.391 million standard cubic feet per day
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Mango exporters target US market
Fetch better price for the fruit this season compared to traditional markets
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Govt eases aviation policy terms
Relaxation given for renewal of charter licence of K2 Airways
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Foreign exchange: SBP reserves fall $1.65b to $17.5b
Drop comes due to external debt repayment particularly against Pakistan Sukuk
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Market watch: Stocks rise amid hopes for success of IMF talks
Benchmark KSE-100 index climbs 321.94 points to settle at 45,821.40
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Oil hits multi-year high above $86, then pulls back
Drop in coal and natural gas prices placed oil under pressure
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Issues stymying CPEC projects remain unresolved
Energy ministry failed to implement orders given by Pak-China Steering Committee
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Pakistan, Vietnam to discuss PTA in Nov
Envoy stresses need for enhancing bilateral trade to $1b















































