Business

Proposal for Turkey, Norway to lead negotiations were rejected by Pakistan and India

Businessmen looking to invest in other sectors too, says CEO of real estate company

Envoy says Kyrgyzstan exported 3,000 tonnes of coal to Pakistan this year

Second auto-maker, in four days, to halt production

Beijing relaxes mobility curbs, plans to step up support for economy

Ministers agreed to trigger a cap if prices exceed 180 euros/MWh for three days

Requires it to restore Right of Way for cable, internet service providers

Asks PM Office to take back decision on hiring audit firm for stock verification

Experts anticipate gold price may rise to Rs200,000 per tola due to rupee fall

Ministry says reforms being implemented with IMF assistance

Ministry works out a whopping Rs31.60 per unit electricity surcharge

In a crisis, govt is expected to rein in expenditures but it is doing the opposite

First preference for domestic tourists should be local spots, however, that is not the case at the moment

SECP should start thinking about mandatory disclosure, country’s role in greener economy

Real wages grow faster than productivity as govt raises minimum wage every year

Federal government restructuring will form basis for such a charter

IMF does not require Cairo to cut spending on subsidies

Will sell holdings for at least $772 million

S&P 500 banks index slumps around 11% this month

Aluminium makers poised to boost low-carbon metal output by 10% next year

NEPRA will hold public hearing on Dec 27 to discuss company’s petition

Targets to cut net greenhouse gas emissions by 55% by 2030

Two 777 aircraft to be added to airline’s fleet after rehabilitation by January

Benchmark KSE-100 index drops by 397 points to settle at 41,301

Central bank also provides Rs40.5b to Shariah-compliant banks for 70 days

It comes under fuel cost adjustment with total relief of Rs3.3 billion for consumers

Gap shrinks to $276m in Nov on back of significant drop in imports

Discussions to encourage B2B engagement between Chinese investors and their local counterparts

High gas prices, supply disruptions lead some countries to turn to cheaper coal

Amount deposited in escrow account which will be paid for dispute settlement

Grid station will help improve power supply in surrounding areas of Chakwal district

Businessmen fear closure of plants, large-scale unemployment

Dar says it will help achieve high growth, social harmony

Corporate farming, research identified as areas that will ensure food security

New arrangements include development of mineral resources by a joint venture

The real estate leader made Pakistan proud by winning two 5-star International Property Awards

Berlin’s half-a-trillion-dollar bazooka may not be enough

Export of up to 100,000 tonnes of sugar allowed

Company recorded sales of 1,103 units, down 27% MoM in November 2022

Says government will conduct short-term courses to train labour for employment

Corporate Tax Office sets up facilitation desk to address businessmen complaints

Loans will support rehabilitation efforts in flood-hit provinces

Lack of capacity to import raw material, weaker demand keep production low

Share price increased 2.86% (or Rs7.70) to close at Rs276.72 with a volume of 3.45 million shares

Govt reaches out-of-court settlement for renewal of hydrocarbon exploration companies’ licences

State Bank did not give any reason for decrease in reserves

Ayaz Sadiq says concessionary ADB loan was signed at the rate of 1% for a period of 40 years

Will help researchers work on AI, augmented and virtual reality

Reduces HSD rate by Rs7.50 per litre

China, India and ME pick up slack left by flagging oil uptake in Europe, East Asia: IEA