Business

It will encourage banks to lend more to meet govt’s needs

Oil prices rise 2% as a result

Global recognition, sustainable models take centre stage at +92Disrupt conference

Stakeholders discuss digital payments, security

PC board approves Ernst & Young-led consortium for sale by Feb end

NEPRA asked to approve run-of-the-river project in Kohistan district

Govt accumulates debt at 26%, averaging Rs44b per day since Sept last year

Increase attributed to rise in food prices

Holds ground near Rs287 mark against US dollar

KSE-100 index surges 1,129.94 points, settles at 55,391.37

Central bank gives no reason for increase as reserves hit $7.51 billion

Peak at $2.5 billion amid crackdown on illicit currency trading, easing current account deficit

Allows recovery of Rs1.72 tariff hike from K-Electric consumers

Govt accepts offers of Rs246b compared to Rs160b target

President calls on private sector to share responsibility by uplifting plight of downtrodden strata of society

Promotes diverse range of products at China expo

Brent crude futures were up $1.13, or about 1.4%, at $80.67 a barrel by 1617 GMT

Indicates favourable outcome in review, paves way for foreign investors

Move comes after P@SHA made urgent appeal warning of consequences to sector

Akhtar asks SECP to lend support to DFIs in setting up PE & VC fund

Initiative taken to provide financial services to unbanked population

Aims to collect additional Rs100-200 billion per annum from shopkeepers

IMC CEO stresses need for comprehensive import policy

Statistics from CGAC show a 20% increase in China’s import of broken rice from Pakistan

Urges contractors to divert River Swat during low flow season

KSE-100 index surges 525.70 points, settles at 54,261.43

Assures IMF of new action plan to better allocate resources, slash ongoing projects

China leads list of countries to which Pakistan exported

Stresses need to promote trade, investment and economic ties

Indicates stability near current level of slightly below Rs287 vs dollar

Brings ‘online only broker’ category for startups, fintechs, others

Woes continue as currency hits Rs286 against dollar

Decision to provide expensive LNG to avert gas crisis

Park has agricultural industry chain and integrates research, development, production, sales, and leisure tourism

World needs to stop irresponsible exploitation of oceans: PCJCCI

Analyst says traders on high alert for signs of wider conflict emerging in ME region that could disrupt supplies

Experts urge govt to formulate comprehensive policy for EVs

Only 2 cigarette manufacturers implemented Track & Trace by deadline, lament representatives

Industry revises prices after significant increase in gas tariffs

Negotiations at advanced stage, financing may be released by next month

Pakistan-based brand selling hand-made scarves and carpets sees growing popularity

Musk had long planned to make a more affordable electric car, but said in 2022 he had not yet mastered the technology

UBS strategist says supply cuts can go on until Q1 of 2024

Emphasise need to reduce cost of electricity production, revise tariff structure

Pakistan tells IMF economic growth will be in range of 3% to 3.5% this year

Data from SBP reveals exports to China reached $633.374 million during July-September 2023-24

Urge govt to build local system along with entrance of PayPal, Stripe

Currency has dropped around Rs8.5 vs dollar in past 11 days

Aims to diversify Karachi’s energy mix, drive down costs and reduce environmental impact

Govt should develop policy, force sector to comply with green management activities