Business

CM Elahi says Imran’s direction will be fully followed

Dar says current trade volume between both countries not at the optimal level

Kyrgyzstan offers opportunities for investment in more than 30 projects

People increasingly prefer phone banking with rising use of smartphones

Minister Sadiq asks for action plan to develop Pak-Kazakh business potential

It comes despite rupee’s nosedive to an 11-week low at Rs225.65 vs US dollar

EU, G7 nations imposed sanctions and a price cap on Russian crude from December 5

Food insecurity largest threat emanating from climate change, says OICCI white paper

Last year’s IT exports stood at $2.6b, govt eying $5b in exports this year

Businessmen propose adoption of daylight saving time to cut energy use, imports

11th oil & gas discovery made in the Sinjhoro Block

Plant has capacity of 3.15m tons per annum

It can be increased further by creating linkages between Pakistani, US companies for JVs

Gives go-ahead to Rs88b post-flood reconstruction programme for Balochistan

Says the govt’s decision to charge 10% super tax from selected sectors is “discriminatory”

Cuts credit score to CCC+, expects foreign reserves to remain under pressure in 2023

FBR chief says out of 179 cases, 27 were sent back due to procedural issues

Report says survival without the IMF is not an option

Central bank cites external debt repayment as reason for decrease in reserves

Foreign reserves will remain under pressure through 2023 unless foreign assistance improves, says rating agency

Proposes measures to bridge some of the shortfall in revenue receipts

The Abu Dhabi company is acquiring Mubadala’s entire OMV stake valued at $4.1 billion

Aims to produce 70,000 tonnes of honey under Billion Tree Honey Initiative

Envoy calls Pakistani products better than its neighbours

It came after Petroleum Division asked govt to fully indemnify state companies

Gains capped by snowstorm expected to hit US travel

Economic gains stemming from demographic dividend constrained by large number of dependents

SBP governor says energy imports need to be curtailed

ECC disallows 2nd subsidy to PSO, sets up committee to settle debt of Rs1.4tr

Transaction expected to attract foreign direct investment into Pakistan

Minister says government will develop coastal areas to tap into all possibilities

Consul General-designate urges businessmen to capitalise on opportunity

Analysts say growth hindered due to government indifference, inconsistent policies

World Bank okayed financing for five projects to support flood-hit areas of Sindh

Dastgir was supposed to give briefing on illegal hiring in power companies

Dollar demand-supply gap encourages people to invest in gold

UAE telecom giant offered only one-third of outstanding proceeds of PTCL privatisation

Proposal for Turkey, Norway to lead negotiations were rejected by Pakistan and India

Businessmen looking to invest in other sectors too, says CEO of real estate company

Envoy says Kyrgyzstan exported 3,000 tonnes of coal to Pakistan this year

Second auto-maker, in four days, to halt production

Beijing relaxes mobility curbs, plans to step up support for economy

Ministers agreed to trigger a cap if prices exceed 180 euros/MWh for three days

Requires it to restore Right of Way for cable, internet service providers

Asks PM Office to take back decision on hiring audit firm for stock verification

Experts anticipate gold price may rise to Rs200,000 per tola due to rupee fall

Ministry says reforms being implemented with IMF assistance

Ministry works out a whopping Rs31.60 per unit electricity surcharge

In a crisis, govt is expected to rein in expenditures but it is doing the opposite

First preference for domestic tourists should be local spots, however, that is not the case at the moment