Business

State minister says effective incentives will be provided to E&P firms

Earlier, it was expected to notify executive allowance for civil servants of Grade 17-22

Initiative aimed at achieving self-sufficiency in food commodities

Inflows came despite global economic headwinds

Expert says significant increase in petroleum prices slashed their consumption

Benchmark KSE-100 index gains 243.10 points to settle at 41,540.83

SBP stops disbursements for low-cost houses, youth entrepreneurship

Envoy stresses need for efforts to overcome emerging challenges

Political noise, high inflation may disturb economic momentum

Increase came after arrival of China bank’s loan proceeds

Fear if incentive is withdrawn, they may not meet existing export orders

Will provide 3.2b kWh of cheap, clean electricity every year

Says steps being taken to remove impediments for boosting investment

Meets goal for first time in recent history as receipts rise 29% from previous year

Speakers at Transcend 2022 urge businesses to go for digital transformation

It will be fastest pace of price hike in 12-1/2 years, driven by energy rates

Pakistan is expected to receive around $1 billion in the next loan tranche

To create awareness among the farming communities across the country, especially in the underserved areas

Shipments of fruit may increase if sea channels are opened

The delegation visited various departments and display centres on the campus

Finance Division wants to continue Islamic bond programme for budgetary support

Over 1.2m vendors of country registered with marketplace

Receives revenue of Rs168 billion in outgoing fiscal year

Will continue to support improvement in people’s livelihood

Businessmen call for bank restructuring, redefining its role

Borrows more than double the target of Rs800b for budget financing

Industry also awaits refinery policy with incentives for plant upgrades

Under proposed amendments, NA speaker and Senate chairman can get additional privileges

China rolled over its loan of $2.3 billion for Pakistan and deposited it with the State Bank

Brent crude futures climbed $2.90, or 2.5%, to $116.28 a barrel by 1633 GMT

NHA says Rs9.2b contract given to ‘most advantageous’ bidder

Printing industry on verge of disaster as paper prices soar up to 200%

Says if power outages are not controlled, it will declare force majeure

It comes following slowdown in receipt of export earnings, worker remittances

Exemption will remain in place till December

Industry demands restoration of gas supply to filling stations

The unit touched an all-time low of 78.7750 during Tuesday's trading

Country needs the amount to repay maturing debt, bear interest cost

Benchmark KSE-100 index gains 826.78 points to settle at 41,878.57

Delays at customs clearance, 224 containers were left stranded

Project will meet energy needs, strengthen regional connectivity

Petrol price may go up by Rs3.29 per litre as global crude rates increase

Will help Punjab in development of industrial parks, technology transfer

Invite Pakistani counterparts to pour money into Saudi petrochemical sector

Projects are aimed at developing infrastructure, building road and river links

Banks release first financing tranche of Rs5.625 billion

Test shows flow of 50 mmscfd of gas, 300 bpd of condensate in well

There are no two thoughts about severity of country’s economic situation

All imports create vital linkages with domestic industry, spur economic activity

Data dissemination to public prevents irregularities, misunderstanding