Business

Marks second buy-back exercise conducted by AKFED in the past three months

Marks tenth consecutive month of decline

Price increase can range from Rs12 to Rs22 per litre

Plant suffers ‘abnormality’ in parts related to diesel fuel distribution

Adviser invites Pak-China team to explore investment avenues

Experts say price hikes can range from Rs12 to Rs22 per litre

Experts warn that soaring fuel prices may drive August inflation numbers higher

Dar announces strategic move to boost mining, agriculture, and IT sectors

Loses Rs0.90 to reach Rs287.54 against US dollar in the interbank market

Stakeholders project annual losses of Rs240b to national treasury

Pakistan’s seafood exports to China top $167m, up 41%

Govt invests Rs77b in connectivity to promote e-business

Mainly attributed to a substantial decline in imports

Despite attractive prices, Pakistan is unlikely to meet its target

Trafigura had offered bids of $23.47 per million British thermal units (mmBtu) for an LNG import tender

Aims to strengthen bilateral, barter trade opportunities

Exports to China reflect remarkable YoY increase of 15.68%

SBP governor, however, says import growth will remain moderate in FY24

Production still undershooting targeted amount by almost 1 million bpd

Projects moderate economic growth range of 2-3% for FY2024

Second branch of Bank of China inaugurated in Islamabad

Cites mass inventory shortages as major cause, to be shut from July 31 to August 15

All-Pakistan LPG Association chairperson warns of nationwide strike if rate is not regulated

Company adopts optimisation strategy to give boost to energy production

Global debt has crossed $305 trillion and no sustainable solution seems to be in sight

Financial globalisation, capitalist influence raise concerns

Lack of political will or long-term financial commitment rendered all programmes redundant

Climate disasters may inflict costs of $400b on developing nations by 2030

Low benchmark tariff gives signal it is a tight market, discourages bidder

To submit summary to ECC for approval of long-term oil trade deal

Experts predict staggering 159% YoY increase in exports, reaching 0.4 million tonnes

Around ±660 kilovolt direct current power project facilitates growth

Threatens to squeeze European refiners

Eurozone data, US jobs numbers and China’s property sector will keep markets busy

Okays import of construction material to expedite development, achieve targets

Summetry Group plans to raise a minimum equity of Rs430.27m

Fed chair says rates may be raised again in September

Experts hold varying opinions on the correct policy rate direction

Bolstered by supply cuts from OPEC+ alliance

Concerns raised over rushed approval process of the ECNEC

For violating financial regulations, raising concerns of FATF grey list return

Envoy says China-Pakistan collaboration to see launch of digital corridor

Asks for price to be based on actual premium of $11.50/bbl, not $4.20/bbl

Extreme weather events bound to affect food security, ecosystems

Will remove unregistered, fake loan-providing apps on July 31

MoU with Chinese firm for EPC contract signed, 70% equity raised via SOEs to meet conditions

This influx of funds significantly improved the country’s import capacity

Continues impressive recovery for 2nd day

Annual rate touches 29.21%

Nearly 8,000 taxpayers illicitly avail tax adjustments against cotton ginning