Business

Agreement would pave the way for release of $500 million third loan tranche, says official statement

Benchmark index advances 1.06% to settle at 46,867.95

Pakistan requires system that ensures equality of opportunities

Digital technologies can contribute to wider welfare goals such as quality healthcare

Pakistan is often described as elitist state where economy is captured by a few

Producers must upgrade machinery, equipment to ensure better competitiveness

Gives sweeping income tax concessions to local and overseas Pakistanis through new ordinance

Russian deputy PM says market is recovering and price could average $45-60 per barrel this year

Benchmark KSE-100 index soars 1.24% to settle at 46,375.59

The regulator had proposed an increase of Rs14.07 in petrol price

Lack of loans for modernisation impacting export orders from global markets

Look for companies that may be first to bounce back when pandemic recedes

Citigroup slashes CEO’s pay by 21%

Seeks to increase its appeal to investors as focused electric, luxury cars business

Benchmark index falls over 1,097 points as selling pressure persists

Officials say proposed draft favours LPG importers at expense of local producers

Industry players label policy imperative for growth of sector

Minister for science and technology says it will help create new job opportunities

PAAPAM says low valuation of imports has affected manufacturers

German envoy says cohesive economic policies, improving tax regime will attract investment

IMF wants more reforms for Ukraine

Canada approves bitcoin ETF

With Pakistani products failing to perform globally, focus on research seems a no-brainer

Dawood says Pakistan and Afghanistan have agreed to bilateral FTA

New rates will also be applicable to K-E consumers under uniform tariff policy

Research paper calls for pursuing economic diplomacy

Despite Covid-19 pandemic, industrial output growth accelerates to 22-month high

Currency has gained Rs1.4 against dollar since start of February

Around 86,000 accounts have been opened under the initiative in Pakistani banks

It will allow flyers to get discounts while buying tickets online

Around 86,000 accounts have been opened under the initiative in Pakistani banks

PSB official urges businessmen to organise sports events to attract foreign investment

Tourism dept wants to divert attention of visitors to places other than Gilgit, Skardu

Importers lament problems arising from DRAP’s licence condition

Asset manager BlackRock Inc and payments’ companies Square and PayPal have also recently backed cryptocurrencies

Some initiatives for disclosures have often misled investors

Body will highlight revenue leakages, suggest measures to boost tax collection

Increase comes on back of higher demand during the month

Envoy urges local entrepreneurs to explore investment opportunities in his country

Industry officials say policymakers should take cue from Dhaka’s auto policy

Decrease comes due to external debt repayments

LCCI officials say fall in crop production affecting economic chain

The rupee strengthened against the US dollar at Rs159.07 in the inter-bank market

CCP has imposed a penalty of Rs150 million on Reckitt Benckiser Pakistan Limited

German retailers are currently losing around 700 million euros ($849.17 million) every day stores stay closed

The Power Division noted that no right of the government would be affected

OPEC lowers demand forecast; IEA says market remains oversupplied

It opens new avenue for banks to improve earnings, cut costs

Benchmark KSE-100 index drops 30.48 points to settle at 46,644.29

Increase comes on back of monthly fuel cost adjustment for December 2020