Business

Korean envoy hints at revising visa policies for skilled workers

Directs food ministry to submit plan to improve performance of research institute

Benchmark KSE-100 index sheds 150.93 points to settle at 47,489.95

Both crude contracts have given up more than 5% this week

Oman Chamber chief speaks about long-term visa for Pakistan investors, tax incentives

Central bank cites no reason for increase

Inflows expected to reach $3.5-4b over next four to five months

Senate panel also recommends slashing workforce in govt-owned power generation companies

Say it will help resolve problems arising from cartelisation of foreign cargo services

Dismissal of 29 people comes amid resistance from within tax machinery

NA panel reviews CAA performance, its revenues and expenses

Plays vital role in making Gwadar port functional, expanding road network

Rupee strengthens against dollar

Say inflows into LPG plants may stop due to tax relief on imports

Benchmark index falls 149 points to settle at 47,640.88

Fears over recovery of global oil demand grew amid surge in coronavirus cases

Central bank cites no reason for increase

Decision aimed at avoiding international arbitration with foreign firms

New economic zones being established to give boost to economy

Oil falls on US crude stock build

Rupee strengthens against dollar

Azhar informs team about plans to expand existing transmission capacity

Prolonged probe into June 2020 oil crisis hindering investment

Decision may dent reputation, force govt to pay Rs22b in arbitration awards

FPCCI VP says Islamic banking has improved its position in Pakistan’s banking system

Petroleum Division recommends removal of advance tax on imports in proposed policy

Wants to push up electricity tariff for areas having high line losses and theft

Benchmark KSE-100 index crawls up 31.56 points to settle at 47,789.88

US, China grapple with rapidly spreading outbreaks of highly contagious Covid variant

Chip stocks at ‘historic low’

Rupee weakens against dollar

Heavy rains, closure of industries for Eid holidays push down demand in July

Consortium of Chinese state-owned firms shows interest to invest in Pakistan

Auto parts makers say any foreign entry to be welcomed as long as it promotes localisation

Envoy cites food processing, auto as potential sectors for investment

Takes notice of delay in implementation of court orders by SNGPL regional offices

Power utility seeks tariff hike of Rs6.52 per unit

Inflows will help country to combat challenges arising from Covid-19

Emphasises that the government was committed to facilitating the poor farmers

PSO informs regulator it has already cancelled tender

Decides to deny 60% refund claims to retailers resisting integration with tax system

Benchmark index advances 0.64% to settle at 47,758.32

Brent crude has risen more than 40% since the beginning of the year

Committee members say price reduction not in line with tax relief availed

Association seeks exemption from duties and taxes

Increase comes on back of growth in automobiles on roads

Regulator allows increase in tariff for SNGPL, SSGC consumers

High tariff being charged to pay interest on debt, repay loan

Rupee depreciation, opening of economies in West helped improve exports

Investment decision would likely be worth well over £1 billion