Business

Producer club will curb output by 0.8m bpd from January

They may be taken over as security to recover $760m in damages from Pakistan

Oil credit facility from Saudi Arabia will start next month

Benchmark index increases 0.68% to settle at 38,562.05 points

SMEs are an integral part of the government’s economic development strategy

'Both countries have a combined market of more than 1.5 billion people but the trade volume needs to be pushed up'

Cumulatively, the rupee has lost 31.8% of its value in the last 12 months

Invites FCCI delegation to international fair for easy access to all required machinery

Well test in Sujawal district shows flow of 9.05 mmcfd

Believe tax concessions will spoil their investment plans

Khusro Bakhtiar says govt taking measures to create environment conducive for industries

It will support govt’s vision of creating jobs, alleviating poverty

Announces Rs5.5 billion gas subsidy to maintain fertiliser prices at current levels

Umar, Finger make first visual contact; IMF wants Pakistan to adopt steeper measures

Burden may grow in coming months due to rupee depreciation, interest rate hike

Reduction will be between 1-1.3 million bpd: delegate

Decrease attributed to external debt servicing, other official payments

Benchmark index decreases 2.55% to settle at 38,300.63 points

Discovery will enable energy sector to reduce demandsupply gap

HBL has partnered with Muller & Phipps to offer first of its kind working capital financing solution

Last week, the rupee fell to an all-time low at Rs144 against the dollar in intra-day trading

Meanwhile, Railways Minister Sheikh Rashid invites India and Russia to join CPEC

Swiss delegation expresses prime interest in food processing sector

Committee endorses ban on furnace oil imports as country has surplus fuel

Despite imposition of anti-dumping duties, Pakistan remains favourite dumping ground

Govt will engage international experts for establishing new research institutes

FBR could not meet revenue target due to introduction of lower duty slab

Textile Division secretary says efforts are under way to release tax refunds

Identifies tariffs and para-tariffs, non-tariff barriers, connectivity costs and trust deficit as major hurdles

Riyadh under pressure from Trump not to reduce output, Moscow resists deep cuts

Benchmark index decreases 299.76 points to settle at 39,303.11

The rupee has lost 31.8% of its value in the last 12 months

UBL won the award on the back of its contribution to expanding the scope of financial services

Saiful Islam is a versatile and senior banking professional

Premier says govt aims to develop knowledge-based economy

Pace eases despite inflationary expectations, rise in oil prices

Decline comes on back of significant price hike and economic slowdown

Cabinet body imposes ban on oil imports, launches investigation

Chief marketing officer says airline’s offices have been shut for past two weeks

Move likely to help save Rs10 billion but will not address core fiscal problems

ECC relaxes condition that prevented bank defaulters from sugar shipments

Figure seems to be understated as central bank has not shown the debt taken from China

Benchmark KSE-100 index increases 1.13% to settle at 39,602.87

Prices have been falling quarter-on-quarter almost continually since the start of 2017

For a peaceful and prosperous South Asia, we need to cooperate with each other, says Umar

'The agriculture sector is the lifeline of Pakistan’s economy'

China, US declare 90-day halt to new tariffs while OPEC looks to cut oversupply

Fund will be used to supply energy to captive power plants at subsidised rates

Kiani says the pharma industry was playing a unique role in the economic development

Moroccan investors in collaboration with local companies could invest in Pakistan’s tourism sector