Business

Success in phasing out fossil fuels seemed beyond global reach at recent summit

Averting climate disasters depends on large-scale institutional, consistent individual action

Emergence of cheaper sources like solar and wind has diluted hydro’s attractiveness

It will be difficult for countries, with weak capacity and lack of expertise, to access such funding

IT minister writes to Dar as SBP refutes reports as ‘baseless’

Expects to cut cost of launch by 50%

Says delay may trigger shortage, price hike of edible oil, chicken and milk

No revision in SBP’s projection hints at both positive, negative developments

Both countries hope to get out of oil importing commitments penalty-free

Benchmark KSE-100 index rises 206 points to settle at 42,937

Govt eyes SC for early decision, urges stakeholders to complete pending actions

Business community warns of economic ruin, decline in employment and revenue

Says Pakistan can enhance exports with Africa via Ethiopia

It led to circular debt of billions that trapped state-run utilities

Worker unrest in Chinese factory disrupts global supplies

Customs denies allegations, calling it attempt to malign senior officers

Urban development to improve quality of life, help boost competitiveness

Urges SBP to reduce policy rate to single digits, ease cost of doing business

Call for better pay ahead of busiest shopping days

Pakistan hopes to get Chinese loan, along with AIIB funds, to repay $1b Sukuk

It will help ease looming gas crisis in country

Rate down as regulatory duty on EVs expired on November 21, 2022

48% of the rural population is now online, YouTube popular among 78% of them

Over 70 projects worth Rs65b are underway in far-flung areas

Central Bank governor says forex reserves will not take a hit from the debt repayment

Experts, market surveys anticipate the policy rate to remain unchanged at 15%

Senate panel expressed concern over incomplete transaction of fertiliser company

Delay in settling tax cases causing a huge revenue loss

Currency drops 0.05% to new six-week low at 223.92

Decision criticised, cap demanding a green light for all three proposals

Thin forex reserves hamper move amid warning diesel stocks may dry up

Extreme weather, water scarcity eat into citrus fruit production

Educational collaboration, B2B meetings with private sector can bolster trade

GSMA Asia-Pacific head says inability to attract investment is a major bottleneck

People smashed surveillance cameras, clashed with security personnel as hundreds of workers protested

Decrease comes due to external debt repayment

Refineries in Pakistan have expressed their willingness to produce petroleum products from Russian crude oil

Asset sales bring proceeds of $11b, but could not ensure efficiency, competition

Says taxes impacting growth of IT sector as well

Company accused of committing Rs10b fraud under subsidy scheme

Production costs are estimated at around $20 per barrel

Financial exclusion, high use of cash remain major problems, says SBP chief

Sindh produces over 50% with exports of around 70%, but floods, neglect put industry in danger

It will help enhance Pakistan’s ranking on Ease of Doing Business Index

Calls for holding project committee meeting, swift initiation of work

Falls 0.17% to six-week low at Rs223.81 to a dollar

Imposition of regulatory duty will provide protection to local manufacturers

Decries manipulation, writes to SBP for compensation to save industries

Alliance’s move outweighs recession, Covid concerns

Project to cost €1.5 million, aims to improve food security and cut imports