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‘Artificial stabilisation causes oil industry over Rs7b in losses’
OCAC says industry will not survive if unfair adjustments are not removed immediately
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Sazgar to launch Pakistan’s first hybrid electric car
‘Haval’ to be launched on November 17, 2022
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Pine nut exports offer locals potential to get rich
Fresh and dried nut exports to China rose to $47.7m in Jan-Sept
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Consumers brace for gas outages
Gas may be supplied for only 8 hours a day on SNGPL’s network in December
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World Bank to provide $1.3b emergency relief
Financial support being offered to subsidise urea for farmers
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Ethiopia set to launch direct flights
Addis Ababa, Islamabad aim to raise bilateral trade to $300m
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Ideas 2022: AI is the future of Pakistan
Ministers urge universities, youth to play key role in its research and development
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Initiative launched to enhance Pak-US trade
Project will strengthen business environment, attract FDI
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JS Bank announces intention to acquire 51% shares in BankIslami
Announcement fails to buoy investors; share prices of both close on sluggish note
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Court summons FBR chief in tax case
Finds legal issues in imposing 20% deemed income tax on real estate
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Oil dips on China demand concerns
Brent crude futures were down 13 cents to $93.01 a barrel at 11:26 am EST
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Rupee inches down by 0.10%
The currency has consolidated around current levels in the backdrop of low foreign currency reserves
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Alvi for enhanced trade with Serbia
The envoy was also asked to assist in increasing the frequency of business visits to each other country
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Structural reforms key to propping up economy
State minister says controlling inflation top priority of govt
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International Accord waives fee for industry
Aims to promote workplace safety via independent inspections and training
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DISCOs seek tariff hike of Rs2.18
Increase likely to burden consumers with additional amount of Rs43 billion
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Farmers decry unfulfilled promises on agri-package
Demand implementation of revised electricity tariff for tube wells as promised earlier
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Countries mobilise $20 billion to move Indonesia away from coal
Single largest climate finance transaction or partnership ever, says US Treasury
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Utility stores’ subsidy package cut by 56%
Govt approves Rs10.8b subsidy for provision of cheaper essential goods to consumers
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5G technology to be launched next year
Minister says steps being taken to address telecom sector issues
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Fuel prices remain unchanged for this fortnight
Price of petrol will remain at Rs224.80 per litre and diesel at Rs235.30 per litre, says finance minister
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Mills warn of chaos after gas closure
Seek govt intervention to save export-oriented industry from shutdown
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Current rains to impact wheat crop positively
Targets fixed for current season estimated to be achieved
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Govt to provide low-cost homes to the vulnerable
PM to inaugurate housing expo that will help achieve goal
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US may skirt recession in 2023, Europe not so lucky
China predicted to grow 5%, outpacing average 3.7% growth for emerging markets
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Gas prices to be increased
SNGPL seeks increase of Rs488.08 per mmbtu in its average prescribed price
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Pakistan’s default risk spikes
Reaches new high of 64.2%, indicating country lacks resources for debt repayment on time
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Oil prices may be jacked up slightly
Official says govt may adjust taxes on petroleum products
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More banks investigated for rupee devaluation
SBP focuses on rupee-dollar trade volumes, those most actively involved in trade
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Oil falls $2 on China Covid surge
Virus cases dash hopes of China’s economy reopening
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Why Pakistan is too big to feed
Industrial waste flowing into water streams is damaging crop yield, rendering it cancerous
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Learning gap root cause of deficits
Many youth spend hours on social media but never focus on doing online courses
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How real estate sector manages to refuel itself
People cannot be coerced into exporting goods, especially if the incentives lie in the passive real estate sector
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Investing in recessionary period
Recessions don’t last long; best of opportunities are found in difficult environment
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Pakistan must take the lead at COP27
The global community should establish a Pakistan-focused climate fund with $50 billion as seed money
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Govt borrowing from banks up 4.6%
Decline in deposits dampens private sector’s hope for more credit in October
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Pakistan, Indonesia engage in economic diplomacy
Ambassador sees more potential for increase in bilateral trade
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‘India can continue buying Russian oil’
Yellen says price cap will still drive global oil prices lower while curbing Russia’s revenues
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Further details emerge on FTX bankruptcy
Bankman-Fried secretly transferred $10 billion of customer funds from FTX
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Bulls toss bourse above 43,000 mark
Benchmark KSE-100 index gains 1,237 points to settle at 43,093
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Poverty rate may go up by 3.7-4%
Says World Bank Report titled ‘Country Climate and Development’ issued in Nov
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Development initiatives planned for poorest districts
Planning ministry launched 5-year project worth Rs40 billion
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Sesame seed exports to China surge 50%
Free trade deal, good prices drive increase in shipments
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Sales tax on luxury fuel in the offing
Govt aims to collect Rs9 billion in taxes annually
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Azerbaijan floats idea of three-nation bloc
Envoy asks investors to explore avenues of JVs, investment
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New TDAP CEO appointed
Former Karachi Chamber of Commerce and Industry president and Businessmen Group Chairman Zubair Motiwala appointed
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No ban on Russian metal: LME
Russia is a major producer of aluminium and nickel
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Chinese seek economical brands
Strict Covid-19 curbs, economic uncertainty weighed on the shopping extravaganza
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Turkish Airlines to expand operations in Pakistan
Businessmen ask airline to start flights to Central Asia via Pakistan
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Govt bypasses approval process
CDWP meeting was called where six projects were presented and approved















































