Business

Optimism remains checked by spreading virus, US stimulus stalemate

Will conduct joint research with IWMI and implement solar irrigation project

Stresses Islamabad faces no imminent shortfall in financing to meet expenditure

Committee will take policy decision to utilise idle capacity of terminal operators

Stresses Islamabad faces no imminent shortfall in financing to meet expenditure

Benchmark index falls 246.96 points to settle at 39,621.59

Euro zone’s economic rebound from its deepest downturn on record stutters

PTI Govt adds Rs11.35 trillion to public debt in two years, according to the finance ministry

SBP has also allowed the bank to extend the maturity of FE-25 import loans by 180 days

IMF has asked Pakistan to end state control of the rupee

Number of ships at the port in Karachi rose by 3%

Pakistan clocks-in at $114.3m in July against $174.8m in June

Dr Abdul Hafeez Shaikh says no country has developed without generating foreign interest in its economy

Rise comes on back of rupee depreciation, higher sales, surge in finance income

World Bank official lauds Pakistan's response to Covid-19

Chairman resigns due to ambiguity over ownership of pension reforms

Plan to outsource airports prepared in light of cabinet panel proposals

FBR notifies withdrawal of WHT, 17% sales tax

High air freight cost, uncertainty in customs declaration caused delay

Benchmark index dips 285.56 points to settle at 39,868.55

Central bank attributes increase to assistance of $249.4m from AIIB

Prices range bound since mid-June with Brent trading between $40-46 per barrel

Rupee weakened against the dollar at Rs168.27 in the inter-bank market on Wednesday

Petroleum Division proposes SSGC may consider resuming natural gas supply to JJVL

Move aimed at further facilitating exporters

PM aide says trade, investment relations will be strengthened through JVs

Apex court directs govt to take steps to begin work on the pipeline in six months

Lending to govt peaks at around Rs11 trillion during global health crisis

Low demand, impact of Covid-19 cause losses

Company announces dividend of Rs8 per share for Apr-Jun quarter

Minister says IT industry progressing swiftly, creating high-paying jobs

Pakistan sends 125,000 tons abroad against a target of 80,000 tons

US economic stimulus nowhere in sight and trade talks with China postponed

Benchmark index dips 0.07% to settle at 40,154.11

Jazz’s overall subscriber base grew by 5.6% year-on-year reaching 62.8 millionazz continues to expand services

Beleaguered retail sector Britain’s M&S to cut 7,000 jobs

Earlier in March, local currency hit all-time low at Rs169

Any person who owns 25% of company comes under this category

Talks with suppliers will increase competition, bring commodity within prescribed time frame

Move comes after receipt of feedback from various stakeholders

According to new deal, profit rate for IPPs fixed at 12% instead of 15%

Chamber chief considers it right time to expand JVs with member countries

Food security ministry releases funds for developing farming sector

New product range brings Pakistan’s fuel on par with global standards

Official says Pakistan responded to crisis better than other Asian countries

Pakistan’s textile shipments surge 33% to $1.27b in July 2020

Benchmark index gains 61.51 points to settle at 40,184.01

Apologises to ambassador whom it earlier summoned for misusing duty-exemption

Bank AL Habib’s profit after tax was recorded at Rs7.23 billion for the half year

BankIslami exhibited solidarity for Pakistan through various celebrations on the 73rd Independence Day