Business

Increases price by 6.43% for SNGPL, 6.62% for SSGC

Reza Baqir says bold measures taken in recent past were painful but necessary

Secretary says if LNG is taken out of system, energy crisis will emerge again

Cumulative loss of public sector firms has touched Rs300b per year

Benchmark index rises 0.14% to settle at 33,523.74

Unrest in OPEC members Iraq and Ecuador also supports prices

Country fares poorly on indicators of freedom of press, corruption but improves on reducing organised crimes

Pakistan's average lending from ADB increases from $1.4 billion per year to $2.4 billion a year

Nepra report reveals no concrete steps taken to avert electrocution incidents

New plant will facilitate the company in producing 24,000 units per hour

Request comes in wake of shortfall in country's output

Uptick in tourist arrivals in central Asian state sparks interest

Company setting up manufacturing facility in Faisalabad with annual capacity of 15,000 cars

Chinese firms expected to set up manufacturing plants, especially in SEZs

Benefit passed on to end-consumers on account of fuel cost adjustment

Delay mostly due to long project completion periods, systemic inefficiencies

Say 47,000 jobs will be created for the locals with billions of dollars new investments

Both sides agree second phase of FTA will lead to more investment opportunities

Economic affairs division awaits FBR input to finalise draft of loan agreement

Official tells Senate panel installed capacity stands at over 35,000MW

EU has no specific regulations on cryptocurrencies, which had been considered a marginal issue by most

Benchmark index decreases 160.20 points to settle at 33,476.62

Ahsan Iqbal says the govt’s move is unlawful and contrary to recommendations of parliamentary committee

Market watchers attribute moves to positioning after a bout of volatility last week

Decision targets 20 Chinese public security bureaus and eight companies

Eligible companies to enjoy 10% tax rate instead of wider corporate rate of 24%

UK revises tariff regime which will come into force if it leaves EU without deal

Unrest in Iraq and Ecuador lends some support to crude price

Merkel speaks to Johnson, makes it clear that deal is overwhelmingly unlikely

Comments come days before top officials are due to resume talks

Says it was disappointed to pull bid but it was in best interests of shareholders

Reticence of BlackRock Inc and Vanguard Group draws criticism from investors and climate activists

PM seeks to follow in footsteps of Chinese president in fight against corruption

Backing to thwart India’s nefarious designs of trying to get Pakistan’s name placed on the black list

FCCI chief says efforts will be stepped up to bridge govt-business gap

Ministry official says important development expected in two weeks

Decline comes following US-China trade war

Cites fiscal constraints being faced by govt, IMF loan terms

Bank insists investment in vocational education must be backed by institutional improvement

President promulgates 'The CPEC Authority Ordinance 2019' and 'The Tax Laws (Amendment) Ordinance 2019'

Job cuts will focus mainly on high-paid roles

Benchmark index increases 603.50 points to settle at 33,636.82

Says move will sustain output, boost producers' margins

Economy faces high debt burdens, low growth and crumbling infrastructure

US, Chinese officials to meet on October 10-11 in effort to work out deal

Says EU should not be lured into the mistaken belief that UK will stay after October 31

Additional funding is aimed at supporting for Pakistan's social safety net project

Tax holiday for non-resident Pakistanis also on the cards to spur investment

Ambassador Naghmana Hashmi talks about key trade, investment issues

In around 20 years, 120 new power projects will be developed