Business

Halfway into its term, PTI’s inability to bring necessary course correction overshadows minor gains in 2020

Collects close to Rs2.2 trillion against target of Rs2.21 trillion

Former FBR chief calls businessmen biggest hurdle in documenting economy

Currency may lose 2-4% over the year; with availability of vaccines gold unlikely to hit new highs

Countries restricted international travel to curb coronavirus

Research houses anticipate index to surge above 50,000 by end-2021

Mishandling of wheat, sugar supply cost $520m in imports

The Express Tribune speaks to experts in different sectors to assess outlook of economy

Four sections of National Highway (N-5) in Sindh will be reconstructed

Survey shows oil prices are not expected to make much progress in 2021

Benchmark KSE-100 index rises 60.62 points to settle at 43,755.38

Decrease comes due to external debt repayments

Ministerial panel to propose methods to conduct next enumeration on modern lines

Envoy urges exporters to obtain certification for boosting trade

BOI official says one-stop platform will reduce compliance requirements

Says mere registration does not authorise any company to solicit deposits from people

Express concern over differences between federal and provincial govts

The regulator again expressed concern over the use of furnace oil for power generation

The rupee strengthened against the US dollar at Rs160.28 in the inter-bank market

Ask government not to amend seed enforcement regulations

It faced heavy losses as pandemic sapped consumer demand

Pakistan can earn $25b if sector realises its true potential

The Express Tribune highlights developments of financial world

Benchmark KSE-100 index rises 412.49 points to settle at 43,694.76

Both crude benchmarks on track to end year about 20% lower

Finance ministry withdraws summary from cabinet agenda

In the new incorporations, approximately 71% companies were registered as private limited companies

The rupee weakened against the US dollar at Rs160.39 in the inter-bank market

Senate chairman says Pakistan keen on technical cooperation with African nations

Joint efforts can bring UAE firms to Pakistan

Farmers suffered heavy losses as lockdowns disrupted supply

Approves takeover of project but does not decide on scope and cost of scheme

Agreement lays groundwork for more comprehensive agreement in future

The move by San Francisco-based Coinbase comes as the firm is preparing for a stock market listing

Global crude was slammed by Covid-19 pandemic and price war between Saudi Arabia and Russia

Services sector records negative growth of 0.6% for first time since 1960s

Benchmark KSE-100 index falls 392.01 points to settle at 43,282.27

OPEC+ meeting on January 4 looms over the market

PM’s relief package going to expire on Thursday

Consumers of up to 300 units will pay 15 paisas per unit extra while those using over 300 units 18 paisas

The edict comes just weeks after Ant Group’s record-breaking IPO was halted at the last minute by Beijing

The rupee weakened against the US dollar at Rs160.38 in the inter-bank market

Technology may be crucial to drive Covid-19 recovery

PLL gets all-time highest bid at 32.48% of Brent to secure cargoes

Punjab minister assures cooperation in increasing production capacity of plants

Commerce adviser says boosting trade between two countries will maximise economic integration

SBP deputy governor says efforts have been made to ensure subsidised financing

Start of European vaccination campaign balanced by prospect of higher OPEC+ output

The electric-car maker will start with sales and then might look at assembly and manufacturing

Concern over new strain of Covid-19 dampens positive sentiment