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Thousands in Germany demand energy relief
Mars parliament’s approval of $195 billion inflation rescue package
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More Chinese firms likely to invest in SEZs
Business forum vows to help boost investment cooperation
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Japanese yen jumps unexpectedly
The yen rose as high as 144.50 per dollar on Friday
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Stocks sustain bullish trend
Benchmark KSE-100 index gains 265 points to settle at 42,213
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Rice exporters get advantage
India’s recent curbs on rice exports provides Pakistan with opening
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Shale firms discount ‘US put’
Biden said his aim would be to replenish stocks when US crude is around $70 a barrel
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France for pulling out of treaty
Treaty being used by energy companies to sue governments for regulatory changes
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Construction sector fears collapse
Stakeholders blame govt indifference for lacklustre business activities
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Russia poised to skirt new G7 oil price cap
Up to 80-90% of Russian oil will continue to flow outside the cap mechanism
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India rice export curbs to end decade of price stability
Global rice inventories could fall to lowest in 5 years, say traders
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Pakistan secures $1.5b ADB lifeline
Loan will help provide social protection, promote food security, support employment
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Seven-day losing streak ends for rupee
Currency edges up in backdrop of ADB loan approval
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GSKCH declares force majeure on Panadol production
Urges govt to rationalise prices in line with rise in raw material rates
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Oil imports from Russia remain pipe-dream
US sanctions complicate imports as payments are in dollars
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Govt promotes use of electric vehicles
Says network of related charging infrastructure to be established
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President for enhancing trade
Need to enhance bilateral trade with France; trade volume well below the existing potential
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Oil up as hopes outweigh worries
Hopes of stronger Chinese demand, weakening US dollar
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FBR working to simplify tax system
Aims to minimise direct interaction with tax collectors
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Mauritius keen to enhance trade
Envoy encouraged businesspeople to explore avenues to improve relations
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ICCI to be included in foreign delegations
Asked to focus on Africa, ASEAN and other regions to promote trade, exports
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‘Made-in-Pakistan’ industries to be established
30 manufacturers have been issued licenses to start manufacturing mobile devices
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Philippines wants maximum level trade
Total trade volume between the two countries in 2021 was $217 million
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IGCF breaks silence on KE stake
Says Sage Venture Group Ltd acquired controlling stake in IGCF, not in K-Electric
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Launch of 5G technology delayed until June 2023
Date extended due to political change
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Pakistan’s dollar bonds become highly volatile
Yields on bonds increase further in international market
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PSX to list second REIT in seven years
Arif Habib Dolmen REIT Management Limited applies for listing of Globe Residency REIT
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SBP’s forex reserves stand at $7.59b
Reserves record no major change in week ended October 14
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CDWP okays 45% rise in ML-I cost
Seeks third-party validation of cost escalation, submission of business plan
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Oil up in tight market
Crude stocks down 1.7 million barrels, US expected to sell 15 million barrels from reserves
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Soybean farmers assured of support
Pakistan successfully adopts Chinese intercropping technology
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Big industries turn around with 3.9% output growth
With this expansion, LSM sector ends four-month losing streak
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Global crisis dampens LNG momentum
Number of deals to ship carbon-neutral LNG has dropped to less than 10 this year
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Billions needed to expand CPEC
New investment, rescheduling of debt also on agenda of PM’s visit to China
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Auto financing slides by 0.7%
High interest rates, reduced purchasing power explain downward trend
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Current account deficit shrinks on lower imports
Deficit fell by half to $316m in Sept compared to previous month
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Energy efficiency to save $1.15b annually
Govt approved conservation measures amid high energy costs, crisis
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NEPRA holds hearing on IGCEP
At the same time, power plants running on polluting and imported sources of fuel will be gradually phased out
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ICCI calls for strict enforcement
IPRs encourage and protect innovations and inventions
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Stocks rally for fourth day in a row
The Indian rupee fell to record low versus the US dollar
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Oil prices fall over 3%
China, the world’s top crude oil importer, indefinitely delayed release of economic indicators
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On-arrival visas for Fortune 500 CEOs
Delay in online system mars issuance of visas to foreign businessmen
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India’s ONGC eyes stake in Russian entity
Considers taking additional stake if it makes “commercial sense”
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Govt urged to reduce duties on motorcycle parts
High rates of duties, taxes encouraging smuggling
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No major shareholder has sold stake: KE
KE owners reaffirm they are majority shareholders, call Shanghai Electric potential buyer
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Power Division told to swiftly approve G-B energy policy
Minister reviews preparation for CPEC’s Joint Cooperation Committee meeting
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PCJCCI for setting up Marble City
Ghurki pointed out that Pakistan was the sixth largest extractor of marble and granite
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500% more taxes on imported cars
PAC takes notice of overcharging, delaying deliveries by local assemblers
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LNG-laden ships unable to unload
Europe is facing an energy supply squeeze as Russia has progressively cut gas flows
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Rupee continues downward slide
Drop caused by reactivation of Hawala-Hundi operators, low export earnings
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Oil steady as China counters recession fears
Beijing likely to increase domestic energy supply capacity












































