Business

With effect from January 25, the rupee will be allowed to depreciate to its actual value against the dollar

The move would help eliminate black currency markets, says ECAP President Malik Bostan

Sharpest YoY drop in the last 10 years, indicates low level of activity in construction sector

Says ships with 100,000 metric tonnes of petrol are at berth

Says implementation of policies for economic growth must be executed

The country is scheduled to make the repayment in the next 72 hours

SBP advised banks to process and release documents of shipments that have already arrived at ports

Some suggest that the govt consider alternatives to IMF

ICCI president suggests both countries enter into free trade agreement

Warns that shortage of raw material will cause food crisis

KSE-100 index edges up by 35.61 points to close at 38,443.59

US envoy says damaged infrastructure is hindering regional trade

Unemployment, inflation will soar, warns business community

Textile industry alone booked a loss of Rs7-8 billion

Analysts expect rate to go up to 17% ahead of IMF programme revival

GMO soybeans carry many health risks and drain precious foreign exchange

Pakistan needs to benefit from high consumption in China, especially of food

Around 800,000 tons of imported soybean and canola denied clearance

If industry continues to face problems in opening LCs, this can lead to fuel scarcity

There is hope continuity of political process may ease economic woes

Uncontrolled spending may result in government missing deficit target set by IMF

Say decision will drain forex reserves, hurt local engineering industry

Pakistani envoy to US says this phase of relations will focus on prioritising trade

Seeks extension in well testing; production to begin in June

Dismissed debt concerns, says it plans to spin off more businesses by 2028

Says demonising the international finance partners is not beneficial

Benchmark KSE-100 index plunges by 1,915 points to settle at 38,408

Also discussed viable proposals aimed at bringing sustainability to the energy sector

Former state minister insists investors need handholding, assurances

Exports stand at $246m, impacted by global factors

Increases profit rates to encourage expatriate Pakistanis to invest in certificates

Dropped by 0.23% to a three-and-half-month low at Rs229.67 to a dollar

BoP CEO says transformation of public utility companies to private entities will only raise new issues

Petroleum Division draws SBP’s attention to problems being faced in opening LCs for import

KSE-100 index drops by 423.60 points to close at 38,407.98

Today, the cost of interest payments on debt is Rs4.8 trillion, 50% of our federal budget

Country director says projects shared with board after 'due process' and 'based on the proposed projects’ readiness'

Invites global lender for negotiations on ‘thorny' issues

The surprise build in US crude stocks dampened some optimism around rising Chinese demand and lower Russian supplies

May seize power generation if parts, equipment stuck at ports not released

Unable to serve customers due to supply constraints, uncertain prospects

Investors await easing of restrictions on equipment imports

Suggests the value of the currency in interbank market at Rs229.15 is close to its fair value

Minister says will not let ordinary people bear the brunt of the lender’s conditions

Central bank gives no reason for increase to $4.6 billion

Power generation dropped almost 5% to 8,147GWh in December

Warns medicines will not be available in the market, urges parliament to act

Shehbaz withholds approval of minibudget

Trade leader insists FTA will help remove import, export barriers

Company receives export order of 600,000 tons per year worth $360m