Business

Eases concerns over global food price inflation

In turn, banks will lend money to govt to bridge budget shortfall

Partnership will boost trade, employment opportunities

Proposal floated to avoid unnecessary costs on foreign travel

Businessmen say outages already hitting manufacturing sector hard

KSE-100 index rises 2,064 points, or 3.3% WoW, settles at 64,514.90

Valued at over RMB 150m, move signifies step towards sustainable public transportation

Lament that step-motherly attitude towards Hub city has resulted in crisis

Reaches nearly Rs281.50/$, marking 3rd consecutive day of gains

KSE-100 index plummets 124.26 points, settles at 64,514.90

Expenditures raise overall debt to Rs63.4tr, with interest payments soaring

Maersk announced it will divert all vessels away from Red Sea for foreseeable future

Farmers say despite imports, country might still face shortfall of 0.6 million tonnes

Chairman suggests reactivating PNSC vessels to benefit region

Secure Logistics Group plans to sell 63 million shares to raise financing of Rs750 million

Out of 51 items, prices of 19 increase, 9 decrease, and 23 remain unchanged during week

JV with Payoneer allows freelancers access to PayPal

Agreement addresses legacy issues that are pivotal for Karachi’s long-term energy sustainability

Also approves fixed income tax scheme for retailers, slated to launch in five major cities across country

Govt aims to swiftly address legal disputes in telecommunication sector

Cultivate pulses across 874,000 hectares this Rabi season

Private sector will give 6% of income to govt’s R&D Fund

SBP’s reserves grow after arrival of funding from multilateral lenders

According to SBP data, domestic currency strengthened by 0.02%, or Rs0.05, closing at Rs281.67 against greenback

KSE-100 index edges down 7.69 points, settles at 64,639.16

Shipments likely to rise further owing to production of refined products

Say upcoming govt should resolve energy crisis by supplying affordable electricity and gas

Low fuel demand, large inventory increases in data from the US Energy Information Administration weighed on prices

Planning Commission comes up with estimate to improve governance

Integration of organic fertilisers with soil chemical nutrition could reverse degradation process

Post IMF, investors express faith in economic reforms, timely debt repayment

34.5% tax burden affects over 190 million telecom users

Uptick stemmed from reduction in demand for foreign currency, increase in its supply in banking network

Karachi tax office receives Rs1.2tr in Jul-Dec, despite adverse business climate

KSE-100 index rises 297.25 points, settles at 64,646.85

Govt will kick off project on Jan 11, provide centres with latest facilities

Initiatives like CPEC make it very easy for local traders to do business

Release Rs131b to state-owned power companies without recovering dues

Trade deficit shrinks over 40% reaching $1.7 billion in December

Urges incoming govt to take sustainable measures for economic revival

Petroleum consumption dips 7% to 1.24m tons in December

Focus on better utilisation, taking exports to $250-300m within three years

KSE-100 index dips 312.18 points, settles at 64,349.60

Exports experience 155.85% surge, reflecting positive momentum

Large-scale smuggling of foreign cigarettes causing revenue loss

Business leaders criticise decades of neglect, plead for urgent solutions

Becomes first nation in South Asia to ship cooked beef to Beijing

Policymakers seek to curb circular debt, note challenges in way of sell-off

Persistent rise in food, energy prices drives inflation higher

Corporation earns Rs41b, confident of meeting full-year target of Rs80b