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Sit-ins cause disruption to kinnow export
Exporters unable to send containers to port due to lack of transport vehicles
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Housing, Naya Pakistan authorities to be merged
Cabinet body took up amendments to rules for speedy govt work
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SBP, govt policies begin to reap fruits
Governor Baqir says pandemic opened new avenues in different sectors
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Ministry seeks hike in wheat price
Proposes raising price to Rs1,800 per 40 kg to encourage farmers to boost output
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Remittances set another record in Dec
Country received $2.4b as overseas Pakistanis increasingly used formal channels
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Market watch: Stocks gain 310 points on positive macros
Benchmark KSE-100 index rises 0.68% to settle at 45,654.34
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Oil set for weekly gain on Saudi output cut pledge
Rally in global shares also lent some support to crude prices
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Remittances above $2 billion for sixth month in a row: PM
Imran Khan thanks overseas Pakistanis for making December yet another record-breaking month
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Deadline expires, but Riyadh yet to sign debt suspension pact with Islamabad
Under G-20 initiative, applicant countries were supposed to conclude deals by Dec 31
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Crypto market cap surges above $1tr
The total market value of all cryptocurrencies rose above $1 trillion for the first time
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Oil touches fresh 11-month highs
Oil prices were steady after hitting fresh 11-month highs on a fall in US stockpiles
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Rupee strengthens against dollar
The rupee strengthened against the US dollar at Rs160.01 in the inter-bank market
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Taking cue from global market, DAP prices jump
Covid-19 disruptions trigger shortage of commodity in world market
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KE gets nod to construct gas pipeline
Company will receive gas supply via new pipeline at its RLNG-fired power plant at Bin Qasim
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SBP reserves rise $261m to $13.41b
Increase comes due to official inflows of government
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Envoy stresses deepening Pak-Hungary trade ties
Asks Islamabad to adopt modern technologies in agriculture
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Turkmenistan eyes MoU with Gwadar Port
Both sides resolve to increase bilateral trade volume
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Trade deficit widens 32% in Dec
Increase in exports not sufficient to match surge in imports
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Govt focusing on promotion of IT sector
Secretary says govt working on payment gateways to resolve industry issues
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CCOE forms body to streamline gas connections
Committee will formulate criteria to approve new connections for industries
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PM to launch first phase of Instant Payment System
System will facilitate transfer of dividends to bank accounts of investors through CDC
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Riyadh’s surprise output cut to lift Brent
UBS raised its forecast for Brent oil prices to $60 per barrel by mid-year
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Govt approves land for STZA
Area to be used for setting up technology zone to boost IT sector
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Market watch: KSE-100 extends gains in turbulent session
Benchmark index advances 191.12 points to settle at 45,344.54
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Oil hits highest since late Feb on output cut, US stock draw
Unrest at US Capitol by President Trump’s supporters appears to have little impact
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Foreign exchange: SBP reserves rise $261m to $13.41b
Increase comes due to official inflows of government
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FIA arrests two hundi businessmen
FIA conducts raid, finds suspects involved in illegal business of money transfer
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EU stance ‘problematic’: Britain
A trade deal struck between Britain and the EU, which came into effect on January 1, did not cover financial services
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Work on broadband services underway
Arrangements are in final stages for the provision of telephone, internet and cable services in Gilgit-Baltistan
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Rupee strengthens against dollar
Rupee strengthens against dollarThe rupee strengthened against the US dollar at Rs160.29 in the inter-bank market
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FBR urged to ease traders’ profile condition
ICCI says tough laws discourage potential taxpayers from entering tax net
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Automakers may suffer due to Euro-5 switch
SBP says move to new emission standards expected to affect refineries, auto sector in short to medium term
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Government aims to diversify energy market
Energy minister discusses cooperation with UAE and Saudi Arabia
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Pakistan, Korea discuss trade, investment ties
Review prospects of free trade agreement between two countries
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ECC okays removal of customs duty
Waives additional 2% duty on 152 tariff lines, endorses more wheat import
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Dollar hits lowest since March 2018
Dip comes as markets price in Democrat win in US Senate election
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EU watchdog reviews customer charges
Will assess compliance with obligation of not charging investors with undue costs
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Experts stress need for shift towards green energy
Urge govt to devise policies to facilitate stakeholders in exploring avenues
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FPCCI official calls for exploring new markets
Says focus on untapped markets can help to increase regional trade integration
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Market watch: PSX shoots to over 2.5-year high
Benchmark KSE-100 index soars 502.99 points to settle at 45,153.42
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Oil extends gains after surprise Saudi output cut
Earlier in session, Brent crude rose to about 11-month high
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Rupee weakens against dollar
The rupee weakened against the US dollar at Rs160.32 in the inter-bank market
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‘Sustained gas supply lending support to exports’
APTMA Punjab chairman says textile industry functioning at full capacity
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Oil prices jump 4% on OPEC+ output talks
Brent crude futures rose $2.15, or 4.2%
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Exporters seek duty-free import of cotton yarn
Value-added textile sector says product in local market is of substandard quality
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Officials urged to make efforts to resolve issues
Privatisation ministry actively pursuing matters to achieve targets
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Incentive package for LPG imports in the offing
Importers likely to reap big benefit; domestic producers reject proposals
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Economy revives to pre-Covid levels
SBP report says business confidence turns positive; growth is promising
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POL sales surge 16% during December
Spike in demand for furnace oil drives growth
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Hedge funds raise mining shorts
Covid vaccines weaken expectations for gold gains