Business

Money will go towards restoring livelihoods, promoting tech, training youth

Biden also visits Hanoi as US plans to boost Vietnam’s role in chipmaking

Staff went on strike at two major projects in Australia

Fiercely oppose govt’s decision of early market closure

Wants to keep project alive, avoid legal battle

Hydrocarbon deposits deplete rapidly since no new major discovery made

Reaches 26.41%, pushed continuously by surge in food, energy prices

Declares loss of Rs2.28/share, in contrast to profit of Rs4.46/share in FY22

Consumers forced to pay Rs1.5b for system constraints in July FCA

Summon triggered by consumers outcry over inflated bills, meter reading complaints

Worries rise about tight supply on voluntary cuts by Saudi Arabia, Russia

Ministry attributes trend to quality seeds, incentives

Pledges to implement PLL-PGPCL agreement before Sept 17

IMF asks caretaker govt to implement terms of $3b standby pact

WAPDA chairman directs finishing diversion system in low-flow season

Loan being taken to improve tax compliance that only requires efficient tax dept

Exceed income by Rs156b, sparking concerns of debt sustainability

MD urges nation to reduce dependency on gas, transform consumption habits

K-Electric claims 100% dollar indexation for tariffs of solar power plants

Posts profit of Rs20.17b, growth of 63% in one year

SBP attributes $70m decline to debt repayment

Gold pricing body revises down the commodity price by Rs5,800 to Rs216,500 per tola

Surge likely to badly impact govt which is largest borrower

Govt approves Rs40b additional budget for different projects of armed forces

IMC says imports at time of low forex reserves beyond comprehension

Pakistan and Uzbekistan have made significant strides in revitalising their bilateral trade relations

Bourse CEO says tech sector provides attractive options for investment

Envoy highlights favourable trade conditions

This understanding is pending approval by interim PM and his cabinet

Smuggling results in 3.5% appreciation against US dollar, marking a gain of Rs11 in a single day

Aims to foster collaboration between 200 IT startups

Category ‘B’ firms have been given three months to transform or lose their licenses

Russian crude trading above limit amid global price hike

Secretary Power Division says companies are based in major urban centres of Gujranwala, Faisalabad and Islamabad

Major surge in debt came on external front with release of blocked financing

Says capacity charges of IPPs are driving factor behind the proposed alterations

Experts discuss underlying reasons for high cost of electricity in Pakistan

Move comes following 21% increase in imports in August compared to July

In retail, currency recovers significantly after action against smugglers

USF projects aim to provide internet, telecom access to remote areas

Seek representation in SIFC committees, task forces

Aims to be self-sufficient, compete globally with rivals

Aim to discuss Black Sea grain exports

Stresses need to improve halal standards to carve place in global market

Creek Marina management says construction work continuing at full steam

Takes hope from COAS-businessmen meeting, dips slightly to Rs305.64/$

Total shipments reach 4.518 million tonnes, up from 3.297 million tonnes

Announces offering right shares to existing shareholders

Shifts one-third of SOEs’ borrowings from capital market

Requests a power tariff increase of Rs10.32 per unit for KE consumers