Business

On December 29, 2021 the rupee hit an all-time low value of Rs178.24

Sector has great potential for development, can make contribution to exports

Revenue Division devises plan to regularise non-duty paid vehicles in ex-FATA/PATA

Envoy says Indonesian exporters can meet large chunk of Pakistan’s demand

Reaches $1.06b in Jul-Dec 2021, driven by revival of CPEC projects

Says rating is underpinned by relatively large economy, robust growth potential

It will encourage students from poor families to learn technical skills

Survey participants regret insignificant penalty on IPR violations

FIA to launch grand operation; writes to PTA to shut down 1,600 websites

Benchmark KSE-100 index falls 104.79 points to settle at 45,507.41

Prices gain support from colder winter temperatures in northern hemisphere

Advance tax rate of prepaid cards hiked to 15% from 10%

Inward shipments of products under both categories surged 128% in Jul-Dec

ILO estimates 52m fewer jobs in 2022 than pre-Covid levels

Frantic oil buying, driven by supply outages and signs the Omicron coronavirus variant will not be as disruptive

SBP has injected $1.2 billion into the inter-bank market

Scotland moves ahead with wind power projects

City-state issues guidelines to shield retail investors from potential risks

Residential project for overseas Pakistanis will be developed in Islamabad

Envoy says despite Covid, all projects continued without hindrance

Says lot of work needed to introduce local products in Beirut market

Will send reference to Attorney General to halt audit of IPP agreements

Stakeholders say illegal trade dealing blow to economy, crippling industry

Suggests govt can also fix export quota to cope with shortage

Benchmark KSE-100 index sheds 151.25 points to settle at 45,612.20

Frantic oil buying push some crude grades to multi-year highs

PM and his team need to pay more attention to job creation, increase in real income

Govts have begun exploring, experimenting with central bank digital currencies

Delay in arrival of products dents industries

New narrative will help to realise Pakistan’s economic potential, tap opportunities

There are people who are sceptical about the gas resource potential

FBR argues law stops it from sharing tax, asset data of people who availed amnesty schemes

Inflation hit 19-year high at 36% in December after currency crisis

Libya has been heavily dependent on revenues from its hydrocarbon exports

While the forecast marks a healthy annual tick those issues put a dampener on factory activity

Law will ensure Washington can guarantee its supplies of the mineral

The online search colossus sought to oust competition by manipulating ad auctions

PARC chief says this can lead to long-term economic growth

Ask govt to take business community on board in all economic matters

Panic over SBP bill, mini-budget, mounting Covid cases keeps many investors on sidelines

Recovery in real effective exchange rate was due following depreciation

Pens letter to maritime division to address the problem

Government to withdraw the increase to save power consumers and businesses from further troubles

Govt jacks up petrol price by Rs3.01; price of high-speed diesel also increased by Rs3 per litre

Brent crude futures rose $1.09

Rupee hit an all-time low value of Rs178.24 against the greenback

Average prices of 16 items rose in a selected basket of goods

Use of formal channels, rupee depreciation fuel increase in inflows

Cabinet calls for bringing talent from private sector as bureaucracy is unprepared

It will lead to direct transmission of power to 500kV Nokhar grid station