Business

ICCI chief says expansion of Shariah compliant facilities will help diversify businesses

Hike in interest rate, signal of monetary tightening shatter investor spirits

IT minister says many reforms implemented to boost tech businesses

Official says growth rate of 4G mobile phone production in country is steep

Integrates only 1,900 retail machines with tax system in three months

Lack of tanker drivers hits fuel supplies in the country

Banks’ earnings are projected to surge 20% during 2021-23

Industry veteran says refineries are seeking tariff protection, not expanding plants

SBP let the rupee depreciate massively

China had enhanced the prosperity level of its villages by making coordinated urban and rural development

Prices of 10 items fell and rates of remaining 21 goods recorded no change

IGCEP will act as primary document for adding new capacity to meet power demand

Privatisation Commission will coordinate with all stakeholders prior to selling SOEs

Says govt aims to create swift response system to address investor woes

Disruption in supplies will be due to shutdown of Pakistan GasPort terminal

Will enable Pakistan to become hub of regional, international trade and transit

Price rise driven by currency depreciation, higher power tariff

“All this signifies that the system-based approach is more appropriate for us,” the minister stated

Increased guarantee provides full protection to 95% of depositors: SBP

Benchmark KSE-100 index falls 223.36 points to settle at 45,073.52

Move comes amid global cryptocurrency crackdown from Asia to the US

Rally slightly dampened by China’s first public sale of state crude reserves

Creditors say Islamabad to increase spending to mitigate health, economic and social impact of Covid

The maximum tenure of auto financing has been reduced from seven to five years

Meeting was co-convened by the BOI and the National Development and Reform Commission of China

Closes at an all-time low of Rs169.11

Drop comes on back of external debt repayments

PM aide says exploring new markets is not a problem for Pakistan

Focusing on increase in credit financing for SMEs filing tax returns

Imam sees potential for bilateral cooperation in production of tropical fruits and crops

PM aide hopes this will resolve liquidity issues of exporters

Unveils plan to upgrade refining facility to increase production to 100%

Relaxation sought for import of 15 LNG cargoes till December

Scraps sugar import tender, approves scaled-back Kamyab Pakistan Programme

Drop comes on back of external debt repayments

Benchmark KSE-100 index drops 300.36 points to settle at 45,296.88

Facility will be operational in Q4, produce 50,000 TVs annually

The agreement was reached during finance minister’s virtual meeting with the Etisalat Group CEO

SBP let the rupee depreciate massively in the inter-bank market

Highlights importance of regional integration with Central Asia

Agreements will boost Pakistan’s exports, says Bilour

Business leaders discuss challenges, changing work model in the wake of pandemic

Also projects fifth lowest growth rate in South Asia

Bureau DG says no such information has been shared to date

Benchmark index declines 411.61 points to settle at 45,597.24

Initiative will benefit 12.5 million households

Bilateral trade volume swelled 60% last week

Stresses diplomats should identify new avenues abroad to promote trade

Successful negotiations would facilitate immediate disbursements of $1b by the global money lender

Minister says organic agriculture ecosystem can help fight poverty, climate change