Business

Stable exchange rate required for export-oriented sectors

Makes biggest gain of 11% against US dollar in August

Toyota first company to announce price relief for customers

PSEB is undertaking various initiatives to help the IT Industry in human resources management

Chinese data renews concerns of global recession

Says policy focuses on tax collection, giving no priority to investment and growth

Many plans being considered for installing solar system

Imprudent policies, huge currency depreciation take debt to record high

Govt mulling deregulation of petroleum products to bring prices at market rate

Move expected to pave way for revival of IMF loan programme

Facts entirely different from claims Chinese firms bringing labour from China

Reform process can take many years but a start has to be made immediately

Current account deficit a major challenge that causes inflation, growth problems

Economic independence remains distant dream, for which all are to be blamed

Rural poverty, meagre forests render country vulnerable to climate change

US sanctions prohibit import of Russian energy products

Conducts OMOs to encourage banks to provide required financing to govt

Investors grow more convinced economy may avoid severe downturn

EU member opposes idea of sanctions on Russian gas imports

Bilawal vows assistance for promotion of trade, export-led growth

KSE-100 index gains 761 points to settle at 42,857

Country overshoots target by Rs1.5 trillion as expenditures stay high

The 3,100km grid, one of four high-voltage networks in Germany, could be valued at more than 2 billion euros

Cite reduced profit due to inflation, turnover tax and high interest rates

Market absorbs contrasting demand views from OPEC and IEA

PRA had exceeded the assigned target by recording tax receipts of over Rs170 billion

Chinese investors investing more and more in agriculture sector

Govt revising features due to changed economic scenario

Value addition, certification of farm products to benefit farmers

Import ban leads to unavailability of auto parts

Could link only 12,000 Point of Sales machines of big retailers with its system

Islamabad, Ankara aim to take bilateral trade to $5b in next three years

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