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IKEA invests $373m in solar parks
The world’s biggest furniture retailer said on Wednesday it was buying the projects
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Business community decries political upheaval
Urges lawmakers to separate economy and politics
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Cement sales contract 6.25% in March 2022
Industry sells 5.04m tons against 5.37m tons in March 2021
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‘Investment in transport linked to growth’
Official terms efficient communication structure vital for development
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State Bank’s digital banking scheme gets robust response
Foreign players express interest in entering Pakistan’s market
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Govt transfers Rs20b to PSO
Amount received under price differential claims; another Rs11.7b will be released
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No relief for sinking rupee
Political turmoil fuelling persistent decline in currency’s value
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PSX to add more companies to GEM board
Nearly one dozen firms are at different stages of listing process
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Market watch: Stocks rally, but volumes hit 22-month low
Benchmark KSE-100 index adds 183.02 points to settle at 44,111.10
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BOJ tones up warning on weak yen
BOJ was carefully watching currency moves due to their huge impact on the economy and prices
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Canada to invest $2b in minerals
No agreements have yet been announced for mineral extraction or refining
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Turkmenistan intends to boost two-way trade
Envoy says Ashgabat can supply LPG to Islamabad to address energy woes
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Oil climbs on new Russia sanctions
German Foreign Minister Annalena Baerbock said the ban on coal will be followed by oil and then gas
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SECP issues guidelines to facilitate listed firms
They stress need for use of technology during general meetings
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Rs26b sought for LNG subsidy
Money will be used to clear claims of state-owned utilities
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KCCI urges SBP to control currency devaluation
Says it is increasing cost of doing business for firms
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Rupee fails to sustain Rs185 mark
Falls to Rs185.23 against dollar in inter-bank market
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K-P, OGDC sign deal for dam construction
In next phase, K-P govt will present final feasibility with cost estimates
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Public debt soars by Rs18 trillion
PTI govt on average added Rs14.2b per day to debt in three and a half years
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PSX launches Sahulat Account for low-risk investors
Account requires no source of income, can be opened by submitting CNIC
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Investors warn European companies
Some assets may depreciate faster in value
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Market watch: Stocks close flat amid profit-taking
Benchmark KSE-100 index adds 26.03 points to settle at 43,928.08
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Germany to face steep recession
Europe’s largest economy is heavily dependent upon Russia for energy
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Markets await actions against Russia
Penalties to build additional economic pressure on Moscow
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Oil jumps 4% as talk of new sanctions surfaces
Western countries to deliberate over further limitations on Moscow in coming days
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More inflation pain ahead for Turkey
Goldman Sachs forecast inflation to peak around 67% in May-June and remain above 65% for most of 2022
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NEPRA may increase K-Electric’s tariff by Rs1.29
Price hike will be under fuel cost adjustment for February
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Trade deficit widens to $35.4b
Deficit in Jul-Mar FY22 stands $14.6b higher than same period of previous year
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Political turmoil perturbs businessmen
They stress need for Charter of Economy to tackle economic headwinds
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Ford recalls 737,000 vehicles
Dealers to inspect oil separator for damage or oil leaks; replace as necessary
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RDA inflows inch closer to $4 billion
Nearly two-thirds of investment goes to Naya Pakistan Certificates
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Traders laments low kinnow export in current season
Cite soaring freight cost, export bottlenecks as major reasons
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CDNS to begin Islamic financing system
Will introduce Shariah-compliant prize bonds, saving certificates
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Political upheaval to dent economy
Country facing economic losses
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Market watch: Stocks bleed as political mayhem continues
Benchmark KSE-100 index plunges 1,250.06 points to settle at 43,902.05
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Save the planet: Master Group urges the nation to adopt clean and renewable energy
Master Group's wind, hydro and solar projects aim to streamline sustainability for generations to come
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Bold decisions needed to handle oil price shocks
Pakistan has already spent record $12.9b on buying crude oil, refined products in FY22
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The Pakistani startup landscape
Policy-level changes, Covid-19 outbreak driving boom in startups
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Higher bank credit limit for farmers
It will help increase per-acre yield, overall output of major, minor crops
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With rupee fall, economy slows
SBP cautious about raising policy rate despite massive currency devaluation
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Prosperity lies in health
Covid-19 clearly reveals dangers of not considering health in policymaking
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Russia warns West: rouble-for-gas scheme is the 'prototype'
I have no doubt that it will be extended to new groups of goods, says Kremlin spokesperson
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Iraq oil exports jump to 50 year high value
Jump in crude prices amid shortfall fears aids trade
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Ukraine’s grain exports held up
Analytics agency says railways will need two to three weeks to process containers
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Women participation to enhance economic growth
Delegation of businesswomen urges FPCCI to highlight their woes
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Pakistan to benefit from Chinese poverty reduction model
Experts for implementing e-commerce to achieve objective
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Logistics services to begin at Gwadar
Initiative aims to facilitate businessmen through one window operation
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Islamabad praised for FDI openness, regulatory regime
WTO appreciates country for its realistic assessment of prevailing challenges
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Govt to audit subsidy schemes for exporters
Officials allege traders are misusing incentives to inflate profits
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Investment in tech startups soars
Spikes nine fold to $176 million in first quarter of 2022











































