Business

Maintains uptrend for 11th day in a row, hits 282.20/$

PTBA says FBR system sending notices to deceased individuals, defunct companies

More than 160 scholars, researchers, entrepreneurs from six countries participated in symposium

Businessmen express grave concerns, demand security for traders, industrialists

Crackdown on dollar smuggling and hoarding dismantled black markets in border areas, reversing rupee’s fall

Ethiopia failed to make $33 million “coupon” payment on its only international government bond.

Farmers in Pakistan planting numerous kiwifruit seeds sourced from China

Says no third party should restrict economic cooperation

Automation will ensure transparency, enable people to file complaints online

Minister says work will continue to enable exporters to find new markets

Gives fertiliser plants LNG worth Rs15b to be recovered from consumers

Cabinet decision aims to tackle fertiliser shortages, ease financial burden on farmers in Rabi crop season

Shaikhani points out that current gas policy is incompatible with needs of industries in Pakistan

Benchmark KSE-100 index plunges 2,534.12 points, settles at 59,170.98

Growers warn of wheat shortage, food insecurity unless swift action is taken

Key fundamental steps taken at the dawn of 2024 will make the difference

Says it could again resort to diverting ship traffic depending on safety conditions

New deal will eliminate customs duties on almost 90% of goods

Demand growing in Pakistan due to rapid urbanisation

Say sustainable growth can be achieved through enhancing exports

Tasked with diversifying exports, creating import substitution opportunities

With rapid pace of tech development, demand for additional digital literacy growing

Import substitution is unproductive, leading to inefficiencies, elevated prices

Urge caretaker govt to allow legal import of seeds for cooking oil, animal feed production

Funding has been 5 times lesser than need; by 2030, $300b will be required

In Pakistan, a nation reliant on imports, repercussions of shipping crisis are palpable

For accurate pricing, central bank directs dealers to submit daily rates to ECAP

With sharp price fall, Pakistan buys spot cargoes for first time in one year

FBR proposes new rules to increase revenue collection, promote documentation

Says expenditure of $100b on power plants for summer cooling is unsustainable

Bike assemblers call for govt support to boost ‘Make in Pakistan’ for sustainability and cost-effective alternatives

Says digital assets need be regulated as per global trends

Attacks at commercial shipping force shippers to take longer routes

KSE-100 index plunges 4,425 points, or 6.7% WoW, settles at 61,705

CCCT, APTMA sign MoUs, action plan to enhance e-commerce released

Initiative aims to revive China’s economy post-Covid

Exporters forced to send goods via private trucks that demand extra fare

Scam messages threatens phone registration suspension unless user visits given link

Future business cooperation and training courses also explored

Maersk says 20-foot container travelling from China to Northern Europe now faces extra charges of $700

Angola’s decision to leave OPEC raises questions over group’s effectiveness in supporting prices

Currency appreciates for 9th straight day to Rs282.53/$

Marks second consecutive drop attributed to lower petrol, potato prices

PSM has suffered loss of Rs18m due to stealing of machinery, assets since 2021

Proposes bank settlement with privatisation proceeds

Sowing targets were set at 22.23 million acres and have been 99.63% achieved

Benchmark KSE-100 index loses 988.47 points, settles at 61,705.09

OGRA attributes increase to jump in DES cost

President Tayyip Erdogan’s move back towards orthodox monetary policies began luring back international capital.

Data shows total power emissions jump 22% in 5 years