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NTDC inks €10.8m contract for hardware
Will procure insulators for Thar block-I to Matiari transmission line
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Steady need for new planes: Airbus
The forecast is not far off the 39,210 planes Airbus estimated in its 20-year market forecast
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SMEDA to help SMEs adopt successful business model
Move will give big boost to industrial production, enhance innovation
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Oil refiners post robust results
It came despite numerous complications arising from Covid-19 outbreak
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France main FDI contributor, says French diplomat
Reveals French firm has invested $1b for energy production in Balochistan
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SBP raises Cash Reserve Requirement
Moves to normalise policy settings as economy recovers from Covid shock
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Growers discard kinnow purchase price
Demand reasonable rate of citrus fruit in light of rising inflation
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Vietnam eager to import good quality products
Envoy asks Pakistani entrepreneurs to take bigger slice of Vietnam market
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Gas firms win praise for lower loss
Low production by gas fields lent support to thin transmission, distribution losses
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Delay in IMF loan approval dents PSX
Bourse falls 1,574 points as investors remain on sidelines
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Alvi seeks insurance products for agri-sector
Emphasises agricultural crops should be covered under insurance plans
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Traders seek govt nod for khashkhash export
Point out quality control authority has approved the seed as food item
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Sri Lanka to tax car crashes
It is proposed to impose a fee on vehicles meeting with accidents
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Japan’s Toshiba to split into three firms
The plan approved by the board will spin two companies off from the rest of Toshiba’s operations within two years
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SPI increases 1.81%
Average prices of 30 items rose in a selected basket of goods
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SBP should be accountable for core functions: expert
Speakers suggest price-targeted approach to improve investor confidence
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LESCO vows to meet industry’s energy needs
Assures textile millers no punitive action will be taken
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New dams to irrigate 20m acres of uncultivated land
Megaprojects will increase country’s water storage capacity to 24m acre feet
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PSX downgraded to Frontier index
MSCI includes 3 large-cap, 14 small-cap stocks in Frontier Markets index
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Govts risk trillions in fossil fuel climate litigation
Trade agreements allow foreign companies to sue governments
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Furniture makers to tap big market
As CPEC enters new phase, handmade furniture industry is eyeing Chinese market
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E-commerce titan enjoys record sales
Alibaba put sales at $84.5b as China’s consumers went on splurge
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Rupee drops to historic low
Stands at 175.73 as importers resort to panic buying of US dollar
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Market watch: Bears drag KSE-100 down amid lack of optimism
Benchmark index tumbles 599.03 points to settle at 45,749.15
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Oil prices head for weekly dip as dollar firms
OPEC cut world oil demand forecast for Q4 by 330,000 barrels per day
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Rupee moves towards all-time low
Persistent delay in resumption of IMF programme takes toll on local currency
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‘High prices to lower demand recovery’
OPEC said it expects oil demand to average 99.49 million barrels per day
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PYMA demands cut in customs duty
Govt announced to curb custom duty to 9% in budget 2021-22 but rate stagnant at 11%
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Minister lays stress on regional integration
Calls for enhancing bilateral relations with Russia
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With surging sales, car prices rise again
Companies attribute price hike to increasing input costs, rupee depreciation
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OGRA revises fines for violators
Says penalty on major violations ranges from Rs10m to Rs500m
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Digitalisation key to financial inclusion
SBP governor says it can make financial sector productive, efficient
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Inflation control is SBP’s role: experts
Say central bank did not use all tools while framing monetary policy
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SBP reserves rise $126m to $17.33b
Net reserves held by banks amounted to $6,699.5 million
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Kazakh envoy proposes joint business council
Laments that existing level of cooperation is below its actual potential
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OICCI seeks revision in OMCs’ margins
Asks government to add impact of rupee depreciation to cost of fuel
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Market watch: KSE-100 falls owing to bearish global markets
Benchmark index drops 281.7 points to settle at 46,348.18
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Foreign exchange: SBP reserves rise $126m to $17.33b
Central bank says increase came on back of official inflows
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No breakthrough with IMF on SBP autonomy issue
Law minister, IMF mission chief hold second round of talks for $6b EFF revival
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Rupee depreciates, gold shines
Local currency drops to two-week low at Rs172.93 against US dollar
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Digitalisation key to Pakistan’s progress: Alvi
President says IT sector of country needs a paradigm shift
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‘Digital transformation of Islamic finance vital’
SBP governor stresses that segment needs to focus on innovative service delivery
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Pakistan gets $761.5m trade financing
ITFC facility will be used for import of oil and gas
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Pink salt thrives in China
Expert says Himalayan salt lamp is a sought-after product in Beijing
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Average LNG price touches record high
PLL books cargoes at average of $24 per unit on a spot basis
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Rural development projects to alleviate poverty
Minister says projects will transfer cash from urban to rural areas, create jobs
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WAPDA executing $26b worth of projects
Has adopted innovative financing strategy for megaprojects
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Ministry aims to build strategic wheat reserves
Food minister insists fertiliser price increase due to hike in global market
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SME sector expansion important for growth
Bakhtiar says govt making all-out efforts for growth, development of small businesses
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Oil prices slip ahead of US inventory report
Vitol CEO says oil demand had returned to pre-pandemic levels















































