Business

Cost of production surged by 23% due to increased reliance on expensive fuels

KSE-100 index adds 4.50 points, settles at 60,464.24

Advanced equipment to be used on 2,000ha in smart farm project

Highlight risks of climate change at Pak-Korea nutrition conference

Says trade turnover increased ten folds in last two years on increased flights

Says decision of US-based firm to invest $200m was vote of confidence in policies

Despite US sanctions, Islamabad accelerates project to avoid $18b penalty

Dar, two bankers’ names float about as options remain few

Increase in imports, outflow of FDI by $173m takes deficit to $269m in Jan 2024

Year-on-year exports see increase of 39.47% from $190m in January 2023

Offset by increase in LNG, LPG import

According to ECAP currency drops by 0.08%, or Rs0.23, on a day-to-day basis in market

Over 3.323 million metric tonnes of rice worth $2.115 billion were exported

KSE-100 index surges 586.78 points, settles at 60,459.74

Industrialists warn of impending job losses, inflation amid escalating tariffs

Highlights importance of legal process

Moving towards sustainability of wildlife conservation using innovative approaches

Interim govt inherited political, economic challenges from predecessor

Country needs to diversify, enhance MMF-based textile exports to address challenges

Says new deal to succeed SBA expiring in March key to country’s credit profile

Low forex reserves unlikely to allow govt to accelerate economy in near future

29% corporate and 10% super tax for companies discourages investment

Recent gas and oil price hikes set to fuel inflation, impacting consumers and industries alike

KCCI President expresses concerns over rising production costs

KSE-100 index losses 3,071 points, or -4.9% WoW, to close at 59,872.96

Advocates for sustainable solutions amidst rising tariffs, economic challenges

The IMD launched its inaugural China Company Transformation Indicator (CCTI) earlier this month

Border closure, limits operation at Ghulam Khan, Kharlachi border posts have shifted trade workload to Torkham border

Issue of raising gas prices by 175% may go to ECC next week

Voices concern over rising energy costs, calls for competitive rates to sustain global competitiveness.

Govt hopes to raise Rs150 billion at low rate of return at auction on Feb 20

Hubco acquires 9.5% stake in SECMC – country’s top coal-rich mine

Falls to Rs281.77/$ in fifth consecutive drop

Decreases 0.78% but gas price hike threatens stability

Political uncertainty, gas price hike threaten sectors competitiveness

Strategic move stabilises rupee-dollar parity, meets IMF targets on NIR

KSE-100 index loses 1,147.10 points, settles at 59,872.96

Surpass $290m mark, captures 19% market share in 2023 as key supplier

Says caretaker govt committed to continuing efforts until its last working day

Aims to provide affordable flights but also to facilitate trade, tourism between two nations

Calls for reversal to prevent industry collapse, economic fallout

Experts hail government incentives, policies that propelled 32% growth

IEA predicts oil demand will peak by 2030 as world shifts to cleaner energy

Say tax exemption misuse, unfair duties threaten tea industry’s viability

Agricultural body hopes new govt will address challenges in budget

Seeks approval of implementation mechanism for digital infrastructure initiative

Moody’s warning, dwindling reserves exacerbate markets

3.43% growth pushes QIM to 132.87 in Dec 2023 compared to 128.37 in Dec 2022

Says reforms, policies have contributed to making conducive business environment

SBP attributes no specific reason for rise