Business

Acting SBP chief says Qatar to provide $2b, Saudi Arabia $1b, UAE $1b over next one year

Bank provides input on ways to enhance regional trade

Sets up logistics centre for transit trade, seeks access to Pakistani ports

Rice production to increase with development of new seed varieties

SBP expects inflation to come under control with easing global commodity prices

Farmers paying higher prices of fertiliser despite plants receiving discounted gas

Currency drops amid political clamour in country

Imposes less than announced rates of duties

These projects are scheduled to be completed between 2022 and 2029 in a phased manner

Saudi minister says OPEC+ can reduce production to confront market challenges

IMF says high oil prices and production helped the kingdom’s economy recover with a robust growth

Taxation has become extractive regime through discriminatory rules and laws

It is clear two logical policy choices are either no change in rate or hike of 1%+

Real opportunity is to keep brains in country, export skills via freelancing

Overburdened by policies, oil sector has become unattractive for investment

Policymakers must look into possibility of price cut when rates are high

PM seeks mechanism for slashing power rates for poor

It ends 12 years of pain, allows greater freedom in policymaking

After worst first half since 1970, S&P 500 index has bounced 15%

Expert believes country will reach previous output level of 14-15m bales

Murtaza Syed says external financing, reduced imports to bolster forex reserves

Benchmark KSE-100 index rises 413 points to settle at 43,270

Central bank to announce monetary policy, review state of economy on Monday

Minister asks businessmen to make “Made in Pakistan” global brand

The governor said its benefits could be linked directly to the work of industrial engineers

Under a proposal, upfront cost of CPEC projects will be acquired to boost reserves

Govt plans to release unallocated spectrum to improve mobile broadband services

Tariff Policy Board will soon introduce new regulatory duty rates

Says fall in remittances reflects distrust of overseas Pakistanis in construction sector

Absence of regular MDs casts negative impact on companies’ performance

On March 30, 2021, Pakistan borrowed $2.5 billion through Eurobonds by offering lucrative interest rates to lenders

Seeks to tap export potential of Central Asian states

Company clarifies July price hike not as severe as that of other players

These goods arrived at Pakistani ports by end of July despite import restrictions

Blames Guddu plant management for negligence

Saudi Arabia’s benchmark index gained 0.3%, reaching its highest since June

Depreciates 0.03% against dollar in inter-bank market

SECP opens registration for digital-only insurers

Students asked to focus on entrepreneurship to steer economy out of trouble

Ex-minister calls for promoting exports, reforming SOEs to get rid of challenges

Both sides will share list of products for trade

Deal will be inked in six months that will remove trade barriers

Complains to regulator OMCs are reluctant to buy oil stocks due to heavy imports

Closure of automobile plant due to shortage of imported auto parts

Pakistan extends tenure of its executive director to World Bank by one year

Increasing number of women in Rawalpindi making their presence felt

Draft agreement approved for investment in renewable energy, water sustainability

Trade among Islamic countries was not according to the existing potential

Exports to SCO member states jump 30.6% to $3.4 billion in 2021-22

Biggest challenge is absence of internet facility in backward areas