Business

KCCI delegation gives proposals for upcoming mini-budget

'Relevant stakeholders are informed that the RLNG cargo of PSO could not be moored on January 17 owing to low tides'

With the development, K-Electric’s stake sale to China’s firm may be accelerated

National flag carrier’s spokesperson says it is adopting new strategies

Policymakers say 18th Amendment a major cause of slow oil and gas exploration activities

Stabilisation programme will aim to put economy on recovery path

Duration of loss of supply fell by 29% over FY16 and 33.01% over FY15

BOI, planning ministry brief PM on implementation status of CPEC projects

Fund says Islamabad implements its recommendation of e-GDDS

PAC panel asks Power Division to submit data of distribution companies

Canada High Commissioner Wendy Gilmour visited the Pakistan Stock Exchange (PSX) on Friday

Benchmark index rises 0.16% to settle at 39,306.50

Finance ministry states German govt open to economically sensible options

OPEC members along with allies, including Russia, agreed in early Dec to trim production by 1.2 mbd from Jan 1

Petroleum minister Ghulam Sarwar Khan says China has welcomed KSA’s participation in CPEC

Premier reviews CPEC project development

Chinese envoy says investors closely following Pakistan’s power-sector policies

It will help in refining and storing imported oil for transportation to China

Diplomat calls on businesses of two sides to collaborate in diverse fields

Asad Umar asks NADRA chairman to cooperates with tax authorities

Policymakers say existing power generation plan can’t cater to the rising electricity demand

It is likely to push policymakers to raise interest rate, let the rupee  depreciate more

US-China tariff war provides opportunity to Pakistan’s industry to raise exports

Board asked to resolve issues faced by overseas Pakistanis

It comes at a time when domestic farmers are facing crisis and demanding subsidy

PM Khan says efforts under way to improve ease of doing business

Lower deficit requires a 100% increase in savings which seems unrealistic

Finance ministry states Rs275.2b released to province in first half of FY19

Announced in Dec, new rules are seen as an attempt by PM Modi to appease small businesses

Drop comes due to external debt servicing, other official payments

Benchmark index edges down 0.07% to settle at 39,243.89

Investors appear loath to push crude higher without evidence US, China improving ties

Hyder said that the business community had a great combination of fertile ideas both for businesses and economy

Misuse of GIDC resulted in increased cost of doing business for the domestic industries

Cumulatively, the rupee has lost 31.8% of its value in the last 13 months

With the financing, the company will expand PVC production plant

US company is already searching for hydrocarbons in an offshore well

Cotton imported from the US has helped textile industry cope with challenges

Refusal comes due to missing record; PIA denies, saying auditors are still working

Says prime minister has already taken initiative to develop trade relationship with India

FDI increases 17% to $319.2m in December 2018

State-run Inter RAO Engineering held meeting with Wapda, power minister in November

Planning Ministry in process of finalizing 12th Five Year Plan.

Only PTA-approved handsets will be used in the country

It will facilitate entrepreneurs, improve ease of doing business

Benchmark index decreases 0.86% to settle at 39,271.94

Shift to automation is key for the farming sector of the world's second largest economy

A loss had largely been priced in already, though magnitude of loss came as surprise

Says it will cause massive disruption to trade, after overwhelmingly vote to reject EU withdrawal deal

Qatar plans to invest in food storage facilities in Gwadar