Business

Without IMF programme, many believe country cannot escape default situation

Consumers set to benefit from new players like Volkswagen, Renault, Kia and Hyundai

This time conditions will be harsher as country could not meet some tough terms previously

High speed diesel price increased by Rs3.96 per litre, light speed diesel price Rs6.25 and kerosene Rs6.79

The coverage of RIMS would be extended to all hotels and restaurants in Islamabad

Around 6,080 ongoing development projects are underway in Punajb

The dollar fell to its lowest in over three months

Likely to sign state-to-state agreement to reduce reliance on Middle East

SBI chairperson says project reflects investors’ confidence

Hotel booking portal could not find new investor to keep operations running

Company official says regulatory and other issues may cause delay in introduction of new technology

Latter would be the surviving entity; transaction swap ratio to be 4.17:1

Index stays in green throughout the week, buoyed by encouraging political developments

Claim apparently aims to allay fears that SBP could freeze foreign currency accounts

Collection still short of target, shortfall may add 0.3% of GDP to budget deficit

National carrier plans to turn around entity in 18 months, achieve profitability by 2022

During the week, prices of seven items fell and rates of remaining 31 goods recorded no change

The rupee remained stable against the dollar at Rs110.3/110.5 in the inter-bank market on Friday

President urges the government to provide interest-free loans to exporters on a five-year export plan

Shipments had dropped to $12.45 billion in previous fiscal year

Minister asks them to come up with estimates of power generation in upcoming year

Say law enforcement agencies need to address these incidents

Company announced in August this year that it had decided to raise Rs4.28 billion from the PSX

Asks NEPRA to take final decision in line with govt's policy directives

Annual profit to increase by Rs0.33 per share, says brokerage house

700MW project will be financed by foreign sources

Cabinet committee says federal govt powers cannot be delegated to any authority

Query comes amid fear that central bank may freeze foreign currency accounts

Cabinet body authorises CPPA-G to sign deal for revised payment terms for generation on RLNG

Government has in recent months devalued the rupee, imposed tariffs on imported goods and sought to boost exports

Benchmark index gains 100.17 points to settle at 40,471.48

Also recommends up to 24% increase in diesel rates to be implemented from Jan 1

Cryptocurrencies are not legal tender and have no regulatory permission or protection in the country

Oil prices in the international market are on the rise

Punjab and the IFC had partnered to promote sustainable private sector investment

Market rumours suggest the move is part of IMF’s conditions for another bailout package

Arab country provides Pakistan gateway to GCC countries.

The 969-megawatt (MW) Neelum-Jhelum Hydropower Project is in its final stage of completion

Says Chinese city with scores of innovative companies offers many opportunities.

Consumers using up to 300 units per month, K-Electric customers excluded from benefit.

Increased demand due to spurring construction activities and strong regional price of PVS motivate decision.

Month-on-month sale rose 37% due to onset of Rabi season and subsidy package.

Shaheen Air chairman says it will help expand operations of all airlines.

Amnesty scheme under study for offshore assets; govt may present its 6th budget.

Decrease attributed to external debt servicing and other official payments

Benchmark index gains 224.58 points at 40,371.31

Consumers using up to 300 units per month and K-Electric customers excluded from benefit

The extension comes as automakers in China brace to meet strict NEV quotas starting in 2019

LCCI chief says opening formal banking channels and direct flights will help

Policy will help regulate and provide quality medical devices to people