Business

PPIB approves extension in Letter of Interest of Athmuqam project

Roundtables held for sharing ideas and investment collaboration

FDI drops 55%, stands at $161.2m in Oct amid economic uncertainty

In first meeting under PTI govt, the council endorses seven schemes costing Rs659b

Al-Maliki says Saudi companies are keen to invest around 6 to 8 billion dollars for establishing an oil refinery

OPEC, partners discussing proposal to cut oil output by up to 1.4m bpd for 2019

Benchmark index decreases 0.38% to settle at 40,994.05

In an unexpected development Honda Atlas, Maple Leaf Cement removed

Welcomes the government’s decision to separate the FBR's tax collection and policymaking functions

Petroleum Division would also award 10 new blocks for oil and gas exploration in different areas through open bidding

The rupee has dropped 26.67% in the last 10 months

Global lender predicts GCC will grow 2.4% in 2018 and 3% in 2019

The Chinese officials said it was their first visit to Pakistan for exploring trade and investment opportunities

Calls for transfer of technology and adopting best global practices

Three other SEZs have been included in the priority list

Says people impersonating as bank officials seek secret information and misuse it

Economy will take time to enter sustainable mode, says Abdul Razak Dawood

It was due to Bin Qasim power plant’s closure and was the 5th breakdown in two months

Delay occurs as law ministry could not clarify whether the power plants can be sold without the nod of provinces

Visiting delegation expresses concern over taking loss-making utilities off privatisation list

Benchmark index increases 55.95 points to settle at 41,152.28

PM Mahathir says it will cause other developed countries to adopt protective measures against developing countries

Paris-based agency says global gas demand will increase by 1.6% a year to 2040

The 30-year old game developer is a child of the county’s tech boom

'The LCCI is ready to support the PCSIR in this regard'

This was the fifth round of massive depreciation of the Pakistani currency since December 2017

Assures the chief commissioner that the business community would provide full support

Argues removal of duty on smuggling-prone goods is no solution

Says there is a need to enhance exports and trim imports in order to stabilise economy

Industry remains attractive for buyers in anticipation of price hike

Such zones will provide direct access to China’s meat, product market

Plans to initiate partnerships to enhance product range

Country’s aviation industry will need 250 aircraft to cater to demand

Move meant to keep national flag carrier in skies for next two months amid increase in losses to Rs360 billion

Asad Umar tells envoys country in talks with China, UAE for bailout package

Benchmark index decreases 292.55 points to settle at 41,096.33

Decision comes amid fears of oversupply

'Authorities have turned a blind eye to the issue'

Until EOBI is devolved, long-term equity financing by provinces may not be viable

Islamic finance offers solutions to infrastructure financing problem

Lower diesel prices can play key role in reducing production cost, making exports competitive

Steps towards improving industrial competitiveness missing in public policy discourse

Person tasked with reforms must have global outlook and not stuck in old policies

Pakistan, China companies to receive world-class investment services

Location-services 'disrupt', recreate outlook of things, says TPL CEO Adnan Shahid at 021Disrupt

The event was attended by winning teams, management and staff

These events would be organised in Dubai, Abu Dhabi, Bahrain and other GCC areas

Emphasises focus should be on economy, exports and education

Valhalla CEO says capital is easiest part of business

Investors adopt a wait-and-see strategy as they offload shares