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China increases purchases of US farm goods
Beijing buys over $23b in agricultural goods or 71% of target under trade deal
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Private sector urged to create jobs
Punjab finance minister tells businessmen govt is working on policies for growth
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TEVTA, BOP ink agreement
Unlike past, the strategically important MoU will provide students opportunity for entrepreneurship and skill training
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Al Baraka, Takaful firm join hands
Al Baraka is always keen to provide unique and innovative products to its customers
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TDAP to hold webinar on trade laws
The webinar would provide an overview of various regulations and laws which govern the business environment of Nigeria
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Govt urged to reduce inflation
The government should refrain from pressing the business community and take immediate steps
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SPI decreases 0.23%
The Sensitive Price Indicator (SPI) for the week ended October 22, 2020 registered a decrease of 0.23%
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IPO at PSX raises Rs3.84b
The share issue of Agha Steel Industries consisted of 120 million ordinary shares
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Engro’s profit jumps 50% to Rs15.5b
Company declares cash dividend of Rs10 per share
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Country saves $129m in pulses import
The country produced additional 76,000 tons and 53,000 tons of moong and gram pulse respectively
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Reorganisation of 7 SOEs faces hurdles
Cabinet approves grant of additional charge as CEO of state-owned units
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Court bars SSGC from hiring new staff
Issues directive after existing company employees filed case
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Power production drops 10.5% to 13,104 GWh
Fall comes as industrial, residential consumers switch to cheaper options
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Rupee at 5-month high against dollar
Extension in debt repayment for Pakistan plays pivotal role in currency appreciation
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Pakistan receives $2.7b in foreign loans
External inflows increase one-fourth compared to previous year
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World Bank okays $304m for reforms
Financing to support Punjab project as provincial tax receipts decline
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Market watch: Stocks gain slightly in volatile trading
Benchmark KSE-100 index crawls up 66.98 points to settle at 41,266
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Oil above $42 as possible OPEC+ cut extension offsets concern
Crude got support from Putin’s comments as he did not rule out extending oil output cuts
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PSMA manipulated sugar price hike with help of JDW Group: CCP report
Millers managed a decision to influence PTI govt to allow export of 1.1m tons of sugar
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Rupee strengthens against dollar
The rupee strengthened against the dollar at Rs161.82 in the inter-bank market
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PVC prices soar to highest since 2014
Spike comes after US plants halted production due to Covid-19
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World’s largest IPO wins final nod
Ant is set to conduct price consultations for the Shanghai offering on Oct 23
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SBP reserves rise $268m to $12.06b
Increase comes on account of govt’s official inflows
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Pandemic delays USC automation
PM voices concern; process will now be completed by June 2021
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SBP plans steps for boosting exports
Mulls allowing exporters to form joint ventures, acquire warehouses abroad
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Adviser calls for broadening tax net
Stresses need for formulating proposal for liaison between NADRA, FBR
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Nearly 8,000 refund claims processed
Automated duty drawback system to create hassle-free environment for exporters
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Work on special technology zones under way
IT ministry official says such zones will facilitate foreign investors
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Pharma sector regrets lack of support
Stakeholders demand measures similar to those taken for Indian pharma industry
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Market watch: PSX snaps four-day rally on profit-booking
Benchmark KSE-100 index decreases 336.9 points to settle at 41,199.02
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Oil struggles to recover after US gasoline stock build
High inventories signal deteriorating demand outlook as virus cases soar
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Foreign exchange: SBP reserves rise $268m to $12.06b
Increase comes on account of government’s official inflows
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Govt enhances wheat support price by over 14%
ECC okays Rs16.5b supplementary grant to raise special force to protect CPEC projects
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Rupee strengthens against dollar
The rupee strengthened against the dollar at Rs162.13 in the inter-bank market on Wednesday
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WAPDA plans to build Rohtas dam
Reservoir will help mitigate floods, store floodwater for agricultural use
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Debt payoff initiative yields Rs1 billion
Out of 26 properties, 23 were auctioned that fetched Rs1.1b
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Engro Fertilisers’ profit jumps 111% to Rs7b
Lower-than-expected effective tax rate lifts earnings
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Govt approves directors for PIACL board
Endorses nomination of 10 board members for a period of three years
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Current account: Surplus hits 17-year high
It remains in surplus for third month in a row at $73m in September
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Bank plans angel investment fund
Wants to develop viable structure for increasing lending to housing sector
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TEVTA initiates skills programmes for youth
Aims to create employment opportunities for youth of K-P
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Businessmen demand cut in policy rate
Say it will revive the economy and boost business and trade activities
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Govt creates economic outreach roadmap
PM aide says efforts under way to identify Pakistan’s comparative advantage
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Ministry withdraws Rs70b Covid-related scheme
CDWP approves two other coronavirus-related projects worth Rs8.2b
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Market watch: KSE-100 rises above 41,500 in smart rally
Benchmark index gains 579.34 points to settle at 41,535.92
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Oil slips as US inventory build stokes fears of supply glut
Spike in global Covid-19 cases fuels fears of stalled oil demand recovery
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Trump records show Chinese business pursuits and bank account: NYT
As the US president attempts to portray election rival Joe Biden as weaker on Beijing
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Pakistan’s current account balance recorded a $73 m surplus in Sept: PM Imran
Says country’s economy heading in right direction
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Russia expresses keen interest in NSGPP
President Putin wants Pakistan to initiate work on the project at the earliest
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Public awareness drive by SBP unit
DPC provides protection of up to Rs250,000 per depositor per bank to all eligible depositors















































