Business

Aims to foster export growth, economic development

Angola’s oil production is around 1.1 million bpd.

Rupee touches new seven-week high below Rs283 against the US dollar

Consortium of six commercial banks offered Rs15 billion in new loans to PIA

Sluggish economic activities, soaring product prices contribute to reduced demand

KSE-100 index rises 245.56 points, settles at 62,693.57

Of total amount, Rs519b is to be received for LNG supplies

SBP cites debt repayment for decline in reserves

Say without power price rationalisation economy will deteriorate further

IMC chief says new EV is 50% more fuel efficient, reduces emissions by 35%

Special Saving Certificates, Regular Income Certificates and Short Term Savings Certificates see largest cuts

ECC rejects demand for increase in wheat support price to Rs4,000 per 40 kg

Challenges claims of overcharging 10m consumers, says only 0.2m has been affected

Inspired by success of “Seed to Table” project, company hopes to fortify red chili value chain

Reaches 7547GWh, declining 21% compared to month of October 2023

US Energy Information Administration showed surprise crude inventory build

Board members deem 10% tax-to-GDP ratio insufficient to meet growing expenditure

KSE-100 index dips 385.02 points, settles at 62,448.01

Currency stands below 283/$ in 7th straight day of gains

Five commercial banks accused of playing role in Rs70b worth of money laundering

Houthis have vowed to defy US-led naval mission and keep hitting Israeli targets in region.

Consumers take Rs257b financing in November, down 2.6%

Chinese, Pakistani universities have also joined forces to develop crop cultivation techniques

Stakeholders oppose amendments to Consumer Service Manual

Followed by China, UK, UAE, Germany, Holland

Open choked financing pipelines, revitalise financial landscape

Proposal to increase prices of 262 medicines prompts call for review of drug pricing methodology

Benchmark KSE-100 index loses 2,371.64 points, settles at 62,833.03

Uptick in foreign currency supply propels currency to Rs283; stable demand maintains winning streak

Additional increase draws criticism from industries

IMF recommends changes to curb govt’s grant authority, advocates special audit of past decade

Country hopes for surge in disbursement soon on back of ‘bullet borrowing’

Says short growth duration could be profitable for farmers

Export growth, import management lead to positive shift, FDI inflows increase by 7%

Stands at 283.21/$ as remittances via exchange firms rise 15%

KSE-100 index dives 925.35 points, settles at 65,204.68

November 2023 records another 3.45% drop in export revenues

After two months of consecutive growth, LSMI output experienced a 4.08% decline in October on a YoY basis

Top official says Pakistan must provide good environment to woo businesses

SBP says CAD dropped 64% or $1.6b in first five months of FY24

Non-standard methods, experiments of privatisation may be good for Pakistan

Pakistan’s export profile is not only limited in size but also lacks diversity

Liquidity available with investors can be used for benefit of economy

Exports need to grow 10% a year, radically different trade policy should be adopted

However, broader population is yet to feel relief, regain purchasing power

Despite an unstable market, young Pakistani entrepreneurs are willing to invest in startups and fulfill market demands

Members propose engagement with legal experts to ensure secure investment climate

Umar highlights council’s role in digital transformation, attracting FDI, ensuring prompt decision-making

Businessmen ask govt to ensure benefits of lower fuel prices reach common man

KSE-100 index dips 94 points, or 0.14% WoW, settles at 66,130