Business

Rising cases of coronavirus infections, protests across country take toll on investor sentiment

Punjab governor assures businessmen of commitment to making environment conducive for business activities

Government has approached World Bank and Asian Development Bank for getting loans to procure vaccines

Drop comes despite attractive share prices compared to regional markets

Azhar says growing circular debt, leakages in transmission system are key challenges

Punjab minister insists on provision of facilities to IT sector at business park

Seeks free market mechanism, focus on long-term interest of country

Pakistan urged to follow South Africa, Romania models to curb illegal trade

Finance ministry seeks three budget support loans totalling $1.5b before end of June

New US sanctions on Russia over alleged election interference and hacking can support prices

Benchmark index inches up 75.45 points to close at 45,305.63

SSGC board chairman has been appointed board member of Engro Fertilisers

SECP has launched a facility on its eService portal for online submission of statutory form 45

The rupee remained stable against the US dollar at Rs152.83 in the inter-bank market

Demand incentives until country achieves cotton production target

Move comes on back of regulators’ warning in wake of record fine against Alibaba

Increase attributed to proceeds of $2.5b from Eurobond issue

Debt relief scheme was introduced by SBP in March 2020 to help borrowers cope with Covid-19

Tax ombudsman suspects corrupt practices behind low offshore recoveries

Minister, E&P companies discuss new bidding rounds, revocation of existing blocks

Approval will provide relief of Rs26 billion to industry

Increase attributed to proceeds of $2.5b from Eurobond issue

Benchmark index decreases 81.04 points to close at 45,230.18

IEA, OPEC revised up their global oil demand growth forecasts for 2021

Subjects such as water, productivity, climate change, stagnant yields should be linked to the agricultural policy

The rupee remained stable against the US dollar at Rs152.83 in the inter-bank market

Both sides agree on building banking channel, eliminating illegal trade

Says govt should provide incentives considering havoc caused by pandemic

Banks continue to focus on investment in govt debt securities

IMF says delays in vaccination campaigns threaten to prolong health crisis

Huge quantity of precious stone is available in Karoonjhar, most of which is underground

Central banks piling pressure on lenders to quantify impact of climate-related risks

Diverts Rs11.7b from Covid-related budget for constructing hospitals in Punjab

IMF official says if need arises programme will be adjusted accordingly

FBR spokesperson says district admins cannot waive condition of ST registration

Planning Commission official discusses post-Covid prospects of sustainable infrastructure investment

IEA’s projection of significant rise in global oil demand in second half of 2021 steers bullish trend

Scheme was introduced to help businesses continue investment plans despite Covid-19

Benchmark KSE-100 index increases 0.58% to close at 45,311.22

Move will free three LNG-based power plants from 66% guaranteed offtake

Digital currency increasingly attracts interest from big names on Wall Street

Rupee weakens against dollar

Sharp rise comes due to lockdown in March last year that restricted economic activity

Association laments sugar price has been fixed below production cost

Increase will help offset impact of poor cotton production in agriculture sector

Plans to lift output on expectations of growth rebound

Minister says survey being carried out to identify factors hampering progress

Benchmark KSE-100 index rises 70.52 points to close at 45,048.57

Markets shrug off Middle East tensions which have so far not disrupted oil supply

Directs economic team to take a gradual approach to protect the people