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Chinese firm vows to continue work on Dasu dam
CGGC says high officials rejected its decision of suspending the employment contract
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Govt sets sugar retail price at Rs88.24
Asks relevant authorities to take action against people engaged in profiteering, hoarding
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Toyota Yaris: Leading the sedan sector in Pakistan
Toyota Yaris makes an exceptional comeback with thumping sales post lockdown
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SPI increases 0.41%
SPI increases 0.41%
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Rupee weakens against dollar
Rupee weakens against dollar
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Iranian envoy stresses need for boosting B2B ties
Says Pakistan can import cheap electricity, gas from Iran to cut business cost
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Foreign Direct Investment declines 29% in FY21
Amounts to just $1.85b due to travel disruption caused by Covid-19 pandemic
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EU ambassador discusses improving bilateral trade
Stresses implementation of conventions on human and labour rights to retain GSP Plus status
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Samsung to produce phones in Pakistan
Hammad Azhar says development came on back of success of DIRBS
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Pakistan to maintain growth trend
SBP report expects agriculture, industries and services sectors to perform well
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Oil edges up but on track for weekly drop
Oil edges up but on track for weekly drop
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Paytm’s expected $2.2b IPO fuels India market
Company’s public offer expected to launch in coming months
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Pakistan sees crypto boom
Country moves to bring digital currency out of dark
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Market watch: Bullish spell continues at PSX
Benchmark KSE-100 index rises 206.07 points to settle at 47,834.33
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Oil rises, but on track for biggest weekly drop in months
Expectations of more supply put pressure on crude market
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Rupee weakens against dollar
Closes at Rs159.3 in the inter-bank market
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Oil prices extend losses
Brent crude drops 66 cents
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Fisheries’ negotiations at WTO: the challenges
Member countries failed to reach agreement before end of 2020
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SBP reserves fall $26m to $17.2b
Central bank cites no reason for decrease
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CCOE approves recovery from Nishat Chunian
Also allows renegotiating deal with IPPs in light of NAB’s advice on Nishat case
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SECP plans one-window facility for businesswomen
Facility will eliminate barriers to company registration, other processes
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Hungarian firms keen to import high-quality rice
Want to enter into joint ventures with Pakistani counterparts
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Housing finance jumps 75% in FY21
SBP governor informs prime minister on unprecedented growth in housing finance
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Tarin invites German investment to Pakistan
Assures envoy of all-out support to facilitate trade between both countries
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Poultry sector demands incentive package
Calls for rescheduling existing bank loans issued to farmers, disbursement of fresh loans
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Govt to set up entity to sell property
FGPMA will own, manage and operate state-owned assets to generate revenue
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Market watch: KSE-100 extends gains, rises 137 points
Benchmark index advances 0.29% to settle at 47,628.26
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Foreign exchange: SBP reserves fall $26m to $17.2b
Central bank cites no reason for decrease
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Oil prices extend losses on expected supply increase
Both benchmarks decline over 1% over demand concerns in US
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Petrol price up by Rs5.40 per litre
Diesel increased by Rs2.54; LPG rate exceeds official rate of Rs160 per kg by Rs5
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Europe inches closer to ‘digital euro’
Move comes as the coronavirus pandemic has hastened a shift away from cash
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Rupee strengthens against dollar
Closes at Rs159.13 in the inter-bank market
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Pakistan urged to expand solar, wind capacity
Experts say global practices need to be incorporated for sustainable energy transition
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Low quality seeds hurdle to agri development
Minister stresses govt is working to improve per-acre output of major crops
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Cable makers can meet 90% demand
Company official seeks level playing field, stable demand from public and private sectors
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Pakistan, Uzbekistan to finalise PTA in 3 months
Will organise exhibitions in Islamabad, Tashkent to promote export goods
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Pak-German energy cooperation grows
Azhar appreciates agreement for €8.1m renewable energy project
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Minister lays stress on technological progress
Says youth can move forward on this front to bring socio-economic stability
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Businessmen demand Supreme Court protection
Fear FBR’s discretionary powers will lead to corruption, harassment
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Govt seeks clarity on PSEs board
Will file reference in court relating to bar on appointment of lawmakers as directors
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Oil prices likely to significantly increase
Hike to be based on higher international prices
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Pakistan receives $1b in Eurobond proceeds
Foreign currency reserves soar to four and a half year high of $18.2b
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Market watch: Upbeat economic data fails to lift stocks
Benchmark KSE-100 index crawls up 10.97 points to settle at 47,491.47
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Oil prices drop after Saudi Arabia, UAE reach output compromise
OPEC+ will now be able to extend deal to curb output until the end of 2022
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Efforts to support taxpayers praised
Efforts to support taxpayers praised
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Rupee weakens against dollar
Rupee weakens against dollar
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Tarin reiterates commitment to expanding tax base
Reviews progress on integration of retailers into Point of Sales system by FBR
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Uzbekistan to use Pakistani seaports for trade
Both sides set to sign transit trade agreement on July 15
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Minister for producing quality cotton seeds
Laments crop has suffered immensely from climate change, substandard seeds
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Car sales skyrocket 90% in FY21
Demand, however, remains 28% lower compared to peak recorded in FY18