Business

Investor confidence improves following developments on macroeconomic front

Industries minister says investment worth $2b made in industrial estates

High customs duties and lack of banking channels key issues that need to be addressed

Official says retailers should be asked to purchase only from sales tax registered persons

Move comes after FATF pointed out glaring deficiencies in regulatory frameworks

Shariah-compliant banks unable to lend as financing limit hits ceiling

Finance Division tells ECC a loan worth Rs437 billion outstanding against food departments is at risk

Vows National Biotechnology Commission will be revived

Washington agrees to suspend tariffs on $160b in Chinese goods due to go into effect on Dec 15

Says Punjab has critical role to play in economic activities

Minister says policy aimed at ensuring inclusive growth

Pakistan will need to import 6m bales that will put burden on exchequer

Signs deal worth $406.6m for 48km motorway from Peshawar to Torkham

Lender wants to raise money for projects from domestic market

Washington has offered to suspend some tariffs on Chinese goods and cut others

Benchmark index increases 402.42 points to settle at 40,916.59

They, however, indicate improvement in country’s global perception

Ministry official says Pakistan’s businesses have great potential to grow through digital sales

Islamabad, Moscow discuss joint projects for developing oil, gas fields

Later, it is feared to return to depreciation phase in Q4

Pakistan, China universities sign agreement to establish Quinoa Breeding Centre

Move to support manufacturing sector by easing restrictions

ECC approves Rs460m for dealing with pest attack

UNHDR 2019 report states country a notch away from slipping into club of nations with very low human development

Inflows from ADB to be accounted for in next week's data

Benchmark index decreases 17.25 points to settle at 40,514.17

Increase recoups some of the previous session's losses

Stock jump comes largely on back of support from loyal Saudi and Gulf investors

Economy has sunk into its first recession in a decade

Reserve Bank of India cut its benchmark repo rate five times this year by a total of 135 basis points

Saudi Arabian Oil Co (Aramco) raised a record $25.6 billion in its IPO last week

ADB considering loan for setting up modern wholesale market

Sino-US trade friction is hampering the flow of foreign capital into China’s high-tech industries

Says his country can act as bridge between Pakistan, Central Asia

Complains summary for privatisation of PIAIL assets shared just before ECC meeting

Released $300m this week for reforms including cut in circular debt

Contraction due to compression of imports as export growth remains tepid

Manila-based agency says signs of economic stabilisation are emerging

Benchmark index decreases 133.18 points to settle at 40,531.42

Close in on $2tr valuation long sought by Saudi crown prince

US-China trade tensions continue to cloud outlook for demand

Says last five months was very tough due to rupee depreciation

Senate Deputy Chairman Saleem Mandviwalla says visit was successful

Moscow official discusses options for promoting business collaboration

All three automakers reported decline in demand on year-on-year basis

Loans will provide much-needed boost to foreign exchange reserves

Move will facilitate cross-border trade; ECC will take up matter today

Plant has capacity to produce 2.4m tons of clinker per annum

Economist says jump in poverty numbers due to low growth, double-digit food inflation

Inflows will help improve country’s capacity to make import, debt payments