Business

No major discoveries made for a long time; govt has yet to auction new blocks

Decides to invite automakers to hear their side of story

A rise in new coronavirus cases outside China fuelled fears of a pandemic that could slow the global economy

Sees huge potential for improving trade and investment ties

Calls for consolidating all LNG terminal, supply contracts under one state entity

Moody’s terms FATF review credit negative as it raises questions on additional curbs

Health Services Karachi Division takes notice of the shortage of protection masks

Move comes after both sides resolve all issues to keep $6b package on track

Official says Beijing will supply pesticides, equipment and establish monitoring plant

Ratings agency says risk stems from country's inclusion on an international "grey list"

Central bank cites no reason for increase in reserves

Benchmark index decreases 251.01 points to close at 38,087.32

Ambassador Naserdin says both countries should form joint ventures in tourism, textile

PM aide says govt focusing on job creation, export augmentation

OICCI report gives recommendations for streamlining oil, gas and power sectors

Revised PC-1 features a downward revision in the overall cost from $9.248 billion to $9.172 billion

Hadeed Pakistan starts production, has capacity of 300,000 tons per annum

Financing facility will be utilised for construction of a 220/132-kilovolt sub-station and allied transmission lines

New prices will be applicable from March 1

PTI govt working on options to reduce prices of gas, petroleum products

Move comes due to spike in interest rates, refinancing risks of external debt

Also aims to cancel all non-essential travel for employees in Japan

A domestic cylinder of LPG is being sold for Rs500 and a commercial one for Rs2,000

World shares slump for fifth day, bets grow on rate cuts to counter damage

Oil-producing countries in Middle East report new coronavirus cases

Benchmark index decreases 1.34% to close at 38,338.33

Wilbur Ross will hold a meeting with PM Imran Khan during his visit

Commerce ministry sets up monitoring cell to prevent coronavirus from reaching country

Pakistan, Central Asia offer massive opportunities to investors

Decline comes on back of higher operating and exploration expenses

It also debates commerce ministry’s budgetary proposals

Demand authentic and reliable data of agricultural crops

Govt looks for out-of-court settlement with Saudi firm that has filed case in international court

Some view it as opportunity to grab big share in world market

Petroleum Division calls for stopping process due to fall in company’s share price

Cancelling the contracts with Eni and Gunvor may cost Pakistan LNG nearly $300 million in penalties

Markets around the world dive to lowest levels in over two months

Benchmark index decreases 0.73% to close at 38,858.45

Crude fell almost 4% on Monday on concern the coronavirus outbreak could turn into a pandemic

FBR says more than 6,300 refund claims processed under Annexure H

Mines’ lease-holders have failed to pay Rs51b in tax to the Centre over the last four years

Importers urge govt to introduce special policy to save them from heavy losses

Yao Jing says China will press ahead with CPEC despite challenges posed by the virus

The SECP-launched repository will hold critical data of life insurance policies electronically

Bourse says hiring made on basis of qualification and experience

Wall Street dived around 3% after it opened as the ugly sell-off spread

Jump in coronavirus cases in Italy, Korea spurs buying of safe-haven asset

Move aimed at pushing down prices of commodities

Decision put off due to lack of progress on some agreed prior conditions

Analyst says beyond near-term disruptions to supply chains, coronavirus could have an effect on headline GDP