Business

FBR cannot recover taxes in most of cases identified by OECD

Covid lockdowns in China spark worries about demand outlook

Covid-19 played role of catalyst for start-up landscape in Pakistan

Experts point out country relies only on textile, compromising trade diversification

Germany reluctant to commit to Qatar’s conditions to sign deals of at least 20 years to secure LNG volumes it needs

Experts say Pakistan's balance of payment crisis behind decline

Benchmark KSE-100 index dives 1,447.67 points to settle at 43,393.14

Bitcoin dropped to as low as $32,763.16, in its fifth consecutive session of falling

No immediate bailouts expected from friendly countries

Balance of payments woes demand extraordinary measures rather than going to IMF

Refineries suffer from low capacity utilisation mainly due to weak furnace oil demand

Such investors in unique position to drive ESG impact due to influence over portfolio firms

Informal sector, preference for imports eat into domestic industry’s share

Unsatisfactory return, absence of subsidy discourage bus owners from updating fleet

Inventories under pressure as Europe and Asia scramble for LNG

Plans to begin work on Islamic financing facility next month

Dasu Dam construction in full swing as Beijing committed to its early completion

Minister says govt ensuring financial discipline through effective policies

Laments around 193m telecom users paying exorbitant taxes

Plans to fetch around Rs1.05 billion from investors at PSX next week

Await approval of long-delayed, incentive-laden new oil refining policy

It will give more time to states for shifting energy supplies

Exports growing on back of second phase of FTA, deepening cooperation

The move is largely symbolic given Taiwan’s minimal levels of direct trade with Belarus or Russia

Show optimism new SBP chief will take business community’s feedback soon

Decrease comes on back of external debt payments

Businessmen call for utilising domestic resources to run economy

Wide gap pushes govt to search for dollars amid reluctance to take tough decisions

Absence of new packages from friendly countries exerted pressure on currency

Says banks/ MFBs may prescribe business hours as per their requirements

Set to increase for another week on supply concerns

Decrease comes on back of external debt payments

Benchmark KSE-100 index sheds 408.60 points to settle at 44,840.81

Home offices eroding some of climate benefit of abandoned commutes

Lawmakers worry about rising inflation driven in part by gasoline prices

EU imports crude oil, refined products from Russia to fuel industries, passenger vehicles

Expectations of hawkish Fed policy, concerns over China’s lockdowns sparked foreign selling

OPEC, allies agree to another modest monthly oil output increase

Recommends drastic steps for curbing budget, current account deficits

US rate hike, rising global oil prices to pull down rupee, increase import bill

Finance minister says treasury stands to incur Rs102 billion loss every month due to current petrol price

Ex-IMF official Dr Murtaza to take over as SBP head till govt decides on new governor

Vast scope of foreign investment exists in Pakistan, says official

Two European Union diplomats earlier said the bloc is leaning towards a ban on imports of Russian oil

Official foresees bleak global outlook; countries in region to suffer

Countries looking for new suppliers to help break dependence on Russian gas

Brent crude futures drop $3.23, or 3%, to $103.91 a barrel

Scheme set to be completed by mid of next year

Euro dips after survey showed weak eurozone manufacturing output data

Russia’s invasion of Ukraine, coupled with renewed Covid-19 related lockdowns in China, has exacerbated supply chain