Business

Surge reflects revival of global investor confidence in Pakistan’s economy

Asks Japanese firms to take benefit of business-friendly environment

Minister reveals cotton supply has surged 94% to 5.2 million bales

Failure of ministries/divisions to hire people on vacant positions upsets cabinet

Benchmark KSE-100 index drops 192.08 points to settle at 44,629.45

Easing restrictions around the world are likely to help the recovery in fuel consumption

Falls to Rs173.2 against dollar in inter-bank market

Investors may be reluctant to invest in oil refineries due to impact of pandemic, shift to EVs

Steps taken to limit spread of Covid-19 have pushed more into ranks of poor

Pakistan’s petrol consumption rose from 12,500 bpd in 1980 to 195,000 bpd in 2021

Every new govt resorts to criticising the past one for the mess

Priorities need to be shifted away from election, towards catching up with peers

Top five Wall Street banks made additional $51b in trading revenues

Oil prices in Pakistan were cheaper than the rest of the region and the world

Seek formation of committee at border to facilitate real-time resolution of issues

Beijing allowed imports from 7 more rice units, taking total number of firms to 53

Robust remittances, rising exports, surge in agri output will support economy

Exemption granted due to backwardness of tribal districts

Say freezing of bank accounts will create trust deficit, reduce investment

Surge comes in wake of improving economic activities post-Covid lockdowns

Farmers are offered a subsidy on recommended varieties of seeds

Industry adopts advanced PV modules made by Chinese enterprise

Demand review of strategies being pursued by economic managers

KSE-100 rises 344 points as repayment of $1b foreign debt revived investor interest

Despite double-digit growth in Aug, LSM index remains far below pre-Covid levels

FBR faces choice of going after non-filers or cancelling their registration

Increase driven by likelihood US regulators will allow exchange-traded fund for Bitcoin

The index for the group stood at 170.22 points

The rupee has maintained its downturn

Demand has picked up with the recovery from the Covid-19 pandemic

Finance minister says fiscal reforms helped improve tax-to-GDP ratio

Schemes will add 11.7 MAF of water, 9,000 MW of power

Minister says policy will resolve issues faced by steel industry

Food minister stresses need to adopt evidence-based approach for policy-making

Directs banks to offer online portals for digital payments, receipts by corporates

Workers had demanded Rs30,000 a month

Benchmark index gains 487.85 points to settle at 44,821.53

Strong stock markets on both sides of the Atlantic also gave a boost to prices

Central bank gives no reason for the drop

Says it will help Pakistan to enhance exports to the bloc

Says growth is not stagnant, Pakistan’s economy will expand by over 5% in FY22

Chief Minister’s Investment Cell set up to facilitate investors, remove hurdles

KSE-100 soars over 1,100 points with support also coming from global markets

Aims to ensure technology transfer, create jobs in technology zones

Say their surplus capacity can cater to demand from large development projects

Minister says 58 projects, funded by lender, are under implementation

Spike comes due to uptrend in global commodity prices, rupee depreciation

KSE-100 index soars over 1,100 points with more support coming from rising global markets

Central bank gives no reason for the drop

Top oil producer Saudi Arabia dismisses calls for additional OPEC+ supply