Business

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

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