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ECNEC gives nod to four projects costing Rs265b
Approved schemes include construction of much-delayed Sukkur-Hyderabad motorway
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Rupee slips against dollar
A total of $5.8 billion since the Pakistan Tehreek-e-Insaf (PTI) government
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Global shipping in crosshairs
Shipping, which transports about 90% of world trade and accounts for nearly 3% of the world’s CO2
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EU proposes law to implement deal
OECD and G20 agreement on the reallocation of taxing rights
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PM for tapping IT export potential
Directs authorities to leverage technology to earn forex, cut deficit
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Minister proposes tax-free zone at Port Qasim
Says it will help boost investment, benefit Pakistan and Japan
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EOBI to offer self-assessment scheme
It will encourage pension contribution from employers, benefit employees as well
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Tarin advocates building strategic sugar reserves
Commends Punjab, K-P efforts for arranging Sasta Bazaars
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Telecom firm plans to increase investment
Mulls expansion and diversification in Pakistan
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Circular debt may rise Rs50b
Govt could not put in place mechanism for making recoveries from LNG consumers
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Private sector borrowing rises despite rate hike
Loans taken by private businesses tick up 3% to Rs6.05tr in Nov
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Pakistan, China join hands for new wheat varieties
Researchers will develop different seed varieties to cope with harsh conditions
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Cabinet extends old-design banknotes exchange date
SBP BoDs had sanctioned the extension for currency notes of value Rs10, Rs50, Rs100 and Rs1000
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Oil prices steady as Omicron caution lingers
More and more countries introduce restrictions to combat new variant
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Market watch: volatile session ends with marginal loss
Benchmark KSE-100 index slips 2.1 points to settle at 44,174.97
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Rupee slips against dollar
The SBP has injected $1.2 billion into the inter-bank market
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UPS to purchase 19 Boeing freighters
To meet expected near-term and long-term cargo demand
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Trade with Kabul to immensely benefit K-P
President Alvi says govt making efforts to support business community
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SAAF to enhance access to finance
SBP governor says it addresses longstanding challenge of lack of collateral for SMEs
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Govt promoting climate-resilient shrimp farming
Rs6b set aside under agri-emergency programme for support
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Karachi facing acute gas shortage
Ministry blames it on freezing cold in Quetta where demand has risen
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Mobile phone imports surge
Increase 42% month-on-month to $212 million in November
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Strategic Trade Policy Framework 2020-2025 gets approval
Framework aims to facilitate businessmen against foreign competitors
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Azhar proposes duty-free sugar import
Stresses inexpensive imports will help tackle price manipulation in domestic market
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Global businesses free to enter CPEC
BOI chairman invites foreign businessmen to invest in diverse sectors of Pakistan
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Market watch: KSE-100 falls over dispiriting BOP data
Benchmark index declines 162.88 points to settle at 44,177.07
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Govt mulls setting car prices
Ministry proposes establishment of regulatory board to fix vehicle prices
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Oil prices plummet as Covid-19 dims outlook
Spread of Omicron variant in Europe, US stokes investor worries
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Innovation needed to achieve food security
Programme launched to educate farmers, promote innovation to increase productivity
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Increase in WHT on cellular services likely
Move in conflict with cut in tax on phone calls, undermines Digital Pakistan vision
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Auto financing slows down
Data shows borrowing made to purchase vehicles inched up just 1% in Nov
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Current account gap widens to $1.9b
Deficit increases to 40-month high, driven by soaring imports
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Banks disburse Rs1.4tr agri-credit in FY21
SBP governor stresses need to improve credit quality, tackle uneven distribution
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FBR seeks powers to seal businesses
More punitive powers will target business premises that fail to integrate with tax system
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Lira plunges again after Erdogan cites Islam to defend interest rate cuts
Turkish president says ‘as a Muslim, I will continue doing what our religion tells us’
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Lira crashes to new low of 20 vs euro after Erdogan comments
Turkish president defends economic policy, likens currency volatility to attacks on economy
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Market watch: Stocks rally on economic optimism
Benchmark KSE-100 index surges 439.27 points to settle at 44,339.95
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Oil prices slide as rapid Omicron spread dims fuel demand outlook
Fears loom new mobility restrictions to contain outbreak can hit fuel demand
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Time to shift employment’s needle
There are several reasons behind ongoing chaos in job market and they need to be addressed
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Building on geo-economic narrative
Country should shift from protectionist mindset; key sectors must be protected
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From economic growth to transformation
It calls for grand re-look at allocation of resources including public spending, taxes and tariffs
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Hope not a strategy to tame price volatility
Many countries gained an advantage by filling their strategic reserves when oil prices were low
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Telecom sector in year 2021
Spectrum offer at fair prices will bring more cash for govt, boost economy
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Fitch downgrades Sri Lanka as default fears mount
Decision comes after country reports 1.5% contraction in third quarter of 2021
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Narrowing market breadth worrying signal for global stocks
Situation can spark period of rocky trading with deeper-than-average drawdowns
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Dutch flock to shops before expected lockdown
Health experts recommend closure of all non-essential shops, schools, restaurants
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PIA acquires modern A320 simulator
Simulator complex was being set up at Karachi airport where all airlines, says PIA CEO
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PSX gains 505 points on upbeat outlook
Market oscillates between red and green zones due to mix of positive, negative news
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Biohealth cooperation to flourish
Pakistan, China open Biohealth Agri Demonstration Park after 13 years of efforts
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Tyre makers jack up prices
Cite surging input costs as reason behind price increase