Business

Currency improves over likely resumption of IMF programme

With this move, refinance claims can now be verified through an online system

Govt eyes fertiliser, sugar, textile sectors to meet tax collection target

Approves proposals for PIA and PSO despite worsening financial position

Cites high inflation, Ukraine crisis for lower growth in 2022

Suggests developing mechanism for sustainable development of trade ties

Miftah calls for enhancing trade ties with European bloc

Decline came due to external debt payments

Power utility to recover high fuel cost in consumer bills of August and September

Imports surge 29% due to higher commodity prices, machinery bill and Covid vaccines

Drop came after reports IMF will revive $7b loan programme before weekend

Revenue collected through building plan approvals, completion certificate issuances

It comes after Hungary settles transit bill

SBP launches campaign to attract people to formal financial network

After over four years of sharpening operations

Avoid US dollar to reduce risk of breaching sanctions against Moscow

US refiners expect strong energy consumption in H2 of 2022

Move will encourage stock investors to pour money into productive sectors

Cabinet dismisses proposal of issuing binding instructions for commercial deals

Currency bounces back on assertion country has averted default

High fertiliser prices increase cost of production for farmers

Deal with Turkey can worsen balance of payments through rising imports

The delegation members apprised the minister of their concerns related to taxation,

Hopes for demand despite nagging fears of a recession

Pakistan requires German political and diplomatic support for new GSP+ application

Authors suggest companies to pivot towards other countries to reduce dependency

'We are still in constant negotiation with Tesla but they have started buying two excellent products from Indonesia'

'Russian demand had increased for Turkish products it could no longer source from European companies'

Chinese social media users have targeted companies, celebrities they see as 'unpatriotic'

The move will regulate baseline standard for climate disclosure

Bill imposes other restrictions to deter automakers from using Chinese made materials

Dollar weakened and government bond yields fell amid US jobs report

Need to better connect Pakistani talent with the international market

Food delivery platform CEO says young entrepreneurs will learn from crisis

Current account gap likely to shrink to $8.7b against earlier forecast of $10-15b

Country becoming preferred source of software development, BPO and freelancing

Investment in real estate a deviation from productive to unproductive sectors of economy

Every country has its own peculiarities, needs solutions based on ground realities

Cheaper gas, subsidies, increase in demand make it viable sector for long term

Farmers reluctant to grow tea as it takes 5-6 years for first picking

Erdogan, Putin pledge in Sochi to expand economic cooperation in sectors including banking and industry

Russia and Ukraine war caused poor countries to suffer from food and debt crises

Will pay 22% premium to iRobot’s stock price of $49.99

Expects to recoup losses over the course of year

Weekly increases have mostly been in the single digits

It was up about 0.2% just before the release of the US Labour Department’s employment report

Unions in Norway and Sweden said a majority of their members also backed the deal

Digitisation of process will facilitate general public, bring efficiency

Reforms underway to improve linkage between capital markets, real economy

Benchmark KSE-100 index gains 1,946 points to settle at 42,096