Business

Under Imran's govt, the share of project financing shrinks to mere 6% of new loans

Benchmark index decreases 0.17% to settle at 41,806.37

Fuel demand in the US remains subdued as pandemic limits travel

Decrease comes due to govt’s external debt repayments

Customers can avail discounts at over 15,500 merchants in 130 cities nationwide

BankIslami is the country’s first scheduled Islamic bank

IMF has asked Pakistan to end state control of the rupee

Halt to furnace oil supply via APL pipeline leads to revenue shortfall claims

FIEDMC chairman stresses giving land on priority to those who start construction immediately 

Surplus in Aug stands at $297m mainly due to increase in remittances

Karachi-based steel-maker aims to raise around Rs5 billion through IPO for capacity expansion

Privatisation Commission overrules objections raised over proposed transaction structure

Power utility cites low gas pressure for outages in Karachi, SSGC says it informed about low supplies earlier

Economic Coordination Committee seeks report on total outstanding employee-related liabilities of PSM 

Pakistan's fertiliser sector insists it is making efforts for workable solution

Benchmark KSE-100 index gains 47.35 points to settle at 41,876.26

Stocks of gasoline and distillate fuel drop while crude inventories rise

The Covid-19 health crisis has hammered demand for high-end handbags, apparel and accessories in retail stores

Nike reported a 75% rise in online sales and Wall Street analysts expect this to continue

The rupee strengthened against the dollar at Rs166.22

Association says 55% hike noted in electricity bills in past 18 months

Senate panel told India has challenged GI law in EU market

Official suggests LPG rate be capped at 90% of Saudi Aramco contract price

Govt says measures taken to increase bill collection, control power theft

Borrowing by hotel industry suggests it is working to make aggressive return

CEO insists planemaker will do its best to cut costs without resorting to redundancies

LCCI chief says SBP should reconsider decision to maintain policy rate

Survey shows two-thirds consumers feel prices of essential items have risen notably

Compromising with traders, hopes Zaidi would reform FBR did not bear fruit

Benchmark index dips 345.23 points to settle at 41,828.91

Sources say gross financing needs are estimated around Rs14 trillion

The pan-European STOXX 600 was down 3.2%, a fall not matched since early June

Inter-bank market Rupee weakens against dollar

WAPDA chief says work on Diamer-Bhasha dam picking up pace

Allocates Rs100b for first phase of Kamyab Youth Programme

FPCCI urges govt to form regulatory body to resolve port, shipping issues

Governor Baqir confident of overcoming issues to resume IMF programme

Firms slashed output by 35% in spring as lockdowns destroyed travel need

Official calls for speeding up digital transformation to adapt to new normal

Airline will put more planes out of service as it loses €500m a month

Petroleum Division also suggests price deregulation, subsidised LPG supply to poor

Official says gap between demand and supply of gas is likely to reach 500mmcfd

Benchmark KSE-100 index dips 330.62 points to settle at 42,174.14

Decision largely in line with market expectations

Well-developed digital infrastructure helps these economies weather pandemic

Though not key economic power, Afghanistan’s geographic location makes it important

Pay-for-performance culture needs to be introduced for export industries

Unemployed workers must enhance skills to match emerging requirements

Monetary policy body meeting at a time when fresh Covid-19 cases are on rise

SAPM Nadeem Babar discusses GIDC and other issues with Aptma officials