Business

Export growth fails to generate necessary forex reserves to finance imported goods

It will help buy new vessels, aid exporters in sustaining earnings growth

World is talking of small incremental changes instead of debating on larger climate issues

Growth target of 4.8% may not be achieved as govt itself tries to slow down pace

Output of industry fell despite substantial growth in large-scale manufacturing amid Covid-19

FBR collects Rs409b in taxes at import stage on petrol, gas, crude oil and others

The currency touched a record intra-day low of 14

Envoy calls for devising new strategy to bolster trade relations

Pasting of stickers and bar codes on sugar bags underway

BOI approves entry of two firms in NSTP SEZ

They term export recovery vital to ease pressure on external front

US-Mexico-Canada trade agreement and would undermine Canada’s efforts to produce electric vehicles

Say it will have long-term positive impact on vendors and cut travel, fuel cost

Claim it will dent real estate and construction sectors

KSE-100 index loses 881 points, or 2% week-on-week, to close at 43,233

Insists decision encourages producers to timely apply for wellhead gas price notification

Company records 400% increase in credit transactions amid shopping frenzy

Say it is tantamoun to stalling country’s economy, suspending business activities

Say PSX’s slump temporary, recovery will begin soon

Meeting reviews progress on planting staple crop across country

Startup says super capacitor module has 25 times higher capacity than traditional batteries

Lobby asks govt to direct IPPs to buy furnace oil from refineries, OMCs

Gas utility gives nod which is termed step towards deregulating energy sector

Much-needed lending to help stabilise exchange rate

New finance minister supports low interest rate drive

Benchmark KSE-100 index edges down 1.32 points to settle at 43,232.83

New secretary to make decisions on key appointments, guarding public purse ahead of polls

Central bank cites no reason behind the decrease

Poll forecasts economy will grow 4-5%, inflation will stand at 10% in FY22

Mammoth import bill for Nov drags currency to new historic low

Demands price increase on account of fuel cost adjustment

Meeting fails to make policy decision, though Nov imports soar to record $7.8b

Hopes it will not slow down growth significantly

SAPM says it will enhance capabilities of e-commerce stakeholders

Say industry is yet to benefit from this incentive

CCOE also issues directives for facilitating private sector in LNG import

Debt challenges are pressing and the need for action is urgent, says IMF chief Kristalina Georgieva

Central bank cites no reason behind the decrease

Global oil prices have lost more than $10 per barrel since last Thursday

Turns down railway’s demand for Rs10b package for pension payments

Benchmark index drops over 2,100 points; dollar traded at RsRs176.65

Oil prices were also weighed down by a new coronavirus variant

Says Brussels can act as transit hub for Pakistani exports to Europe

Technology to add chickpea output by ensuring wheat production in same area

Finance secretary says sugar supplies reaching market that will push prices down

Pakistani currency touched an all-time low of Rs176.2

Ballooning imports, however, pose risk to country’s improving earnings

Says gas cost surged due to expensive oil, rupee depreciation

Despite imports, power producers reluctant to procure furnace oil

Increase signals another aggressive hike in SBP policy rate on December 14