Business

Stakeholders claim retail segment is on verge of collapse

Primerica will acquire 80% of e-TeleQuote for $600 million

Govt likely to pass on losses in fuel transportation to consumers

Hopes flights boost will help turn around airline’s financial performance

Tarin says measures to be taken for effective resource mobilisation, enhancing productivity

Think tank warns borrowing will keep economy in state of low growth

Rising coronavirus cases in Asia limited gains

Benchmark index rises 486.21 points to close at 45,399.78

Microsoft Corporation will invest $1 billion over the next five years in Malaysia

Increased cooperation between Russia and Pakistan in LSM, railways and energy sectors was discussed

The rupee weakened against the US dollar at Rs152.93 in the inter-bank market

Central bank-backed digital currency will help tackle some challenges posed by cryptocurrencies

Looks to invest in start-up software companies that build apps using its technology

Initiative aimed at providing support for growth of REIT schemes

Envoy says Amman can learn from competency of Pakistan

Decline comes on back of exchange losses due to rupee appreciation against dollar

China largest foreign investor with injection of $126m, mainly in power sector

Official outlines enhancing revenue, ending quasi-fiscal operations as objectives

Decides to set up appellate tribunal to deal with disputes in oil and gas sector

Benchmark KSE-100 index drops 392.06 points to close at 44,913.57

Poor struggling with technology adoption due to lack of skills, resource constraints

Weaker dollar, which traded near a one-month low, kept a floor under oil prices

Some form of supervision of regulators is necessary but not by a ministry

Touted as backbone for economy, companies have added little value to their imports

ADB estimates $1.7tr a year is needed to bridge infrastructure gap in Asia

Virtual currency will expand banking network, help govt fight money laundering

Company chairman says civil works and delivery of equipment have been initiated

Fed study shows less than 200,000 businesses may have failed during first year of Covid-19

Classification system seeks to define durable economic activities and green finance

Farmers urge govt to focus on increasing export efficiency

Discuss difficulties being encountered while implementing reform interventions

Wheat, sugar, oil, gas remain major contributors to increase in March 2021

Rising cases of coronavirus infections, protests across country take toll on investor sentiment

Punjab governor assures businessmen of commitment to making environment conducive for business activities

Government has approached World Bank and Asian Development Bank for getting loans to procure vaccines

Drop comes despite attractive share prices compared to regional markets

Azhar says growing circular debt, leakages in transmission system are key challenges

Punjab minister insists on provision of facilities to IT sector at business park

Seeks free market mechanism, focus on long-term interest of country

Pakistan urged to follow South Africa, Romania models to curb illegal trade

Finance ministry seeks three budget support loans totalling $1.5b before end of June

New US sanctions on Russia over alleged election interference and hacking can support prices

Benchmark index inches up 75.45 points to close at 45,305.63

SSGC board chairman has been appointed board member of Engro Fertilisers

SECP has launched a facility on its eService portal for online submission of statutory form 45

The rupee remained stable against the US dollar at Rs152.83 in the inter-bank market

Demand incentives until country achieves cotton production target

Move comes on back of regulators’ warning in wake of record fine against Alibaba

Increase attributed to proceeds of $2.5b from Eurobond issue

Debt relief scheme was introduced by SBP in March 2020 to help borrowers cope with Covid-19