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FBR looks to reduce cost of doing business
Member says budget will end excessive taxation, slash compliance cost
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Pakistan gets bids for 15 out of 20 blocks
Response remains poor in second round of bidding for exploration blocks
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Clock ticking on $1b UAE cash facility
Govt optimistic about securing extension for one more year
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Rashkai SEZ welcomes first foreign firm
Chinese steel manufacturer allocated 40-acre land
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UK eager to boost trade with Pakistan to £10b
Envoy urges exporters to meet UK standards to gain better access to its food market
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Market watch: Bearish trend continues at PSX
Benchmark KSE-100 index drops 58.35 points to settle at 45,931
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Oil falls as China lockdown tempers gains
Brent, US crude contracts are heading for first weekly decline in 3 weeks
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Govt jacks up POL prices for second time in a month
PM approves increase of Rs3.20 per litre in petrol, Rs2.95 per litre in diesel
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Rupee strengthens against dollar
The rupee strengthened against the US dollar at Rs160.18 in the inter-bank market
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PayPal gains full ownership in China
US fintech giant eyes bigger foothold in booming market for online payments
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Airlines face more turbulence before vaccine relief
Resurgence of Covid-19 lockdowns has killed off fragile bookings upturn
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NGMS spectrum to improve broadband
Finance minister calls for transparent auction to strengthen IT services
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Energy body approves CTBCM implementation plan
The division also apprised the committee of its implementation plan
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Private sector urged to explore African market
Envoy-designate says Pakistan needs to make efforts to create space in region
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SBP reserves fall $12m to $13.4b
Central bank cites no reason for decrease
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Sindh demands ban on tomato import
Provincial govt calls for resumption of onion export following bumper harvest of both crops
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Food inflation continues to persist
Prices of wheat flour, cooking oil and sugar went sky-high
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OGRA grants licences to two virtual pipeline firms
Private sector to introduce this concept through cryogenic bowzers
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Taxes stuck in litigation rise 38%
Government allocates Rs2,687 per case to defend Rs1.8tr under litigation
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12 importers responsible for artificial oil shortage, panel told
Malpractice, which results in kick-back of millions of dollars, have foreigners based in Dubai, UK and Malta involved
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Market watch: KSE-100 loses ground, falls below 46,000
Benchmark index drops 103 points to settle at 45,989.35
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Oil prices ease as pandemic outweighs China, US data
China reports biggest daily jump in Covid-19 cases in more than 10 months
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Foreign exchange: SBP reserves fall $12m to $13.4b
Central bank cites no reason for decrease
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Virushka shower paparazzi with presents in hopes newborn's privacy is respected
Celebrities sent luxurious gift hampers along with personalised notes to various media outlets of Mumbai
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Citi appoints Shahmir Khaliq as head of Treasury and Trade Solutions
Khaliq has an MBA from the University of Karachi
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Nationwide outage exposes energy sector discrepancies
Seven junior officials suspended over weekend blackout
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Egypt keen to cooperate in tourism
Bukhari reaffirmed the government’s commitment to attracting tourists from across the world
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Rupee strengthens against dollar
The rupee strengthened against the US dollar at Rs160.35 in the inter-bank market
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Export growth linked to FBR’s strategy
Revenue board says it took measures to neutralise Covid-19 impact on exporters
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Govt mulls ban on gas supply to industries
Considers moratorium on supplies to industrial units generating electricity for their own use
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Korean firms keen to explore Pakistan’s market
Former envoy says companies need information about cost of land for setting up units
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Traders irked by ban on jaggery export
Stress need for encouraging production to aid farmers, exports
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Moody’s sees 1.5% GDP growth
Notes rebound in economic activities in Pakistan despite successive Covid waves
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Covid-driven shift to home work carries risks
UN stresses need for protecting employees’ rights, avoiding blurred lines in timings
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‘Digital euro could happen in five years’
ECB president says there is need to ensure system is secure
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Global economy can shake off pandemic in 2021
Industry leaders say vaccines, fresh economic stimulus will give chance to put virus behind
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Regulator renews PTCL licence for 25 years
Licence binds company to improve consumer protection, helpline services
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Oil steadies as US inventory fall tempers demand woes
Optimistic mood among investors, positive signs on supply and demand lend support
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Market watch: Stocks breach 46,000-point mark
Benchmark KSE-100 index advances 169.92 points to settle at 46,091.96
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Tesla gears up to launch in India
The move comes as Indian Prime Minister Narendra Modi is promoting the production and use of electric vehicles
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Rupee strengthens against dollar
The rupee strengthened against the US dollar at Rs160.37 in the inter-bank market
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Cement, steel prices to remain high
Increase in global coal and scrap prices puts pressure on local rates
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EDB chief calls for raising engineering goods export
Says this industry can boost Pakistan’s export revenue by $5 billion
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Envoy stresses need for improving infrastructure
Chinese official meets Pakistani delegation to discuss bilateral trade and investment
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‘Fintech can help document economy’
Minister stresses country’s future depends on fintech ecosystem
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LSM sustains growth momentum
Sector registers cumulative growth of 7.4% in July-November of FY21
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FBR blamed for delay in health levy
Levy on cigarettes and sugary drinks had been approved by cabinet in 2019
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OGRA issues licences for sale of gas
Licences allow companies to utilise idle capacity of LNG terminal
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Law minister questions mandate of probe body
Govt had formed committee to register fish processing plants to improve exports
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Privatisation faces further delay
Govt unable to resolve issues of tax exemption, debt financing over past two years














































