Business

Experts and analysts expect KSE-100 Index to recover in post-election period

Overall, consumers will bear an additional burden of Rs6.5 billion

Benchmark index increases 2.16% to settle at 41,339.22

'With so many people enjoying it every day, we’ve had a tremendous amount of positive feedback'

The bank is extending full cooperation to the concerned investigative agencies

SBP has maintained that the slide in the rupee’s value is due to supply and demand dynamics of foreign exchange

Minister calls for using domestic resources to produce cheaper electricity

Imran says CPEC has boosted Pakistan’s development, created employment

With cash crunch, it may not be able to buy hides and skins this Eidul Azha

FPCCI official says country pursuing product-based preferential agreements

High taxes and a new method of determination of property prices have slumped the business and its allied industries

Say debt of govt’s holding company has already swelled to Rs550b

Share of energy in Pakistan’s total import bill was 20.64% in FY17

These are on eastern route; other projects are way behind deadlines

Benchmark index decreases 1.84% to settle at 40,463.98

The final communique reaffirmed a commitment to address the impacts on the international tax system by 2020

India and Bangladesh have moved ahead in attracting foreign investment

These include rapid industrialisation, sharp increase in exports and skill development

New govt will have to improve transmission and distribution, control debt

Company will produce 7,000 units in first year, says official privy to developments

Govt may create special purpose vehicles that will float bonds to raise funds from resident, overseas Pakistanis

Despite notification, official appointed on contractual basis

The move comes after Ankara ended its two-year state of emergency

Bars government agencies and contractors from doing business with ZTE

The positive outlook on Greece reflects the likelihood of an upgrade should the government implement reforms

Both countries agree to forge strategic partnerships

US president has expressed will to impose tariffs worth over $500 billion

Election euphoria, rupee devaluation, hike in interest rate drive market sentiment

Official believes rupee devaluation to hurt Japanese and Korean brands more

Insists these steps will facilitate new elected government

Already half a dozen offices are working; aim is to make better projections

MoU signed to establish sector in Faisalabad

SBP has maintained that the slide in the rupee’s value is due to supply and demand dynamics of foreign exchange

DigiSkills is Pakistan’s largest online, free training programme, aiming to equip a million people across the country

During the week, average prices of 15 items rose in a selected basket of goods

Euromoney’s awards for excellence recognise banks that demonstrate an ability to deliver the requisite services

Focuses on creating environment beneficial for entrepreneurship

The Hub X-1 discovery is too meager to have any commercial significance, says PPL

No transaction allowed to be conducted anonymously: SBP

Engro will reinvest sale proceeds with focus on agriculture, renewable energy and technology

Country has forecast economic expansion to hit 6.2% in FY19, but IMF sees it stumbling to 4.7%

It is ranked 96th in the world in mobile internet download speed

Failure to make accurate forecasts puts question mark over capability of both institutions

Benchmark index loses 1.37% to settle at 41,221.75

Insists restriction will hurt export industries, raise cost of doing business

Meetings held to build linkages between the government and the private sector for timely resolution of issues

UBL said the FIA investigation into the alleged fake accounts is proceeding

The rupee weakened against the dollar to Rs128.30/128.50 in the inter-bank market on Thursday

Says dependence on just textile, agriculture needs to stop

They are eligible for concessionary financing under an SBP scheme