Business

Demands import price re-evaluation as sector’s growth depends on govt actions

Meeting called to review impact of monetary policy on economic growth

Both sides discuss ways to deepen cooperation, ensure effectiveness of ongoing portfolio

In the pilot phase, salaries and pensions of a group of federal government employees would be paid through Raast

Both crude benchmarks drop over 1% on weak demand prospects

Benchmark index rises 59.23 points to settle at 44,491.03

Lack of such culture negatively affects innovation, growth, resource management

Public policy measures need to focus on ensuring money stays, and is used internally

Farmers cannot switch to new technologies as they require heavy investment

Pakistan can save billions of dollars annually by optimising procurement process

Without reforms and better efficiency, tariff hike may be counter-productive

Benchmark KSE-100 index sinks 1,089.83 points to settle at 44,431.8

Prices have swung wildly in last few days owing to blockage of key transit point, lockdowns

Board looks to hire from private sector while ignoring own employees

Suggest setting up warehouses at borders to uplift trade with neighbouring countries

Contraction in current account deficit, stability in rupee also drive sentiments

Over 1,000 projects worth Rs355b have been registered under tax amnesty scheme

Speakers recommend establishing JVs, developing e-commerce

Lending to private sector improves amid partial revival in economic activities

PRGMEA calls for steps to promote industrialisation in its proposals for FY22

Country’s almost dry financing lines start opening after approval of $500m tranche by IMF

Approval of funds to highlight performance comes amid forecast of surge in inflation

Top 10 oil firms will face audit in backdrop of last year’s petrol shortage

Uptrend comes on back of high foreign inflows compared to demand

Say high energy cost, petroleum prices will have implications for industries

Aims to increase its footprints in facilitating regional and international trade

PCJCCI president says Beijing also interested in forming joint ventures in clothing, dyeing

Webinar speaker fears challenges can stall economic development

Shares draft with industry for stakeholder feedback

PM aide suggests privatisation of five power companies of Punjab in first phase

SAPM on energy raises objections to arbitration terms of reference

With a drop to less than 78 million units sold, the auto sector faced its worst crisis ever

Revised scheme likely to ease access to housing finance for large number of people

New bill contrary to objectives of efficient and financially viable public sector firms

Brief document says it will improve people’s livelihood, pave way for sustainable growth

Central bank cites no reason for increase

Say abrupt, frequent amendments damage investor confidence

Says work on Dasu and Diamer-Bhasha dams is progressing despite pandemic

The rupee strengthened against the US dollar at Rs155.01 in the inter-bank market

Finance ministry begins virtual road-shows a day after revival of IMF programme

Prices, however, head for third consecutive weekly loss with demand outlook dented by fresh lockdowns

Benchmark KSE-100 index drops 204.54 points to settle at 45,521.63

Chinese firm officials call on BOI chief, discuss marketing plans for Rashakai Special Economic Zone

Creditor’s board okays four pending reviews of Pakistan’s economy and release of next loan tranche of around $500m

Food ministry looks to import 10 land cruisers for locust control

Near 1310 GMT, bitcoin was up 4.3% at $56,802

IT minister says all stakeholders will be taken on board for Digital Pakistan Policy 2021

Voices hope entry of new automakers will lead to higher demand for tyres

PC board allows hiring of financial advisers for conducting legal, regulatory reviews

Assets, deposits of Islamic banking industry grew 30%, 28% respectively in 2020