Business

Bakhtiar says Pakistan’s economy is poised to pick up from where it was pre-Covid

Shareholders of Alexion will receive $60 in cash, $115 worth of equity per share

Central government debt increases to Rs35.5 trillion by end-October

EU’s tough line comes amid growing regulatory scrutiny of tech giants

Approve of initiative to improve regulation on issues such as money laundering

Food ministry left out of decision to remove duty on cotton imports

This year, it is estimated that kinnow exports will generate around $220 million

The SPI for the lowest income group decreased 0.26% compared to the previous week

The rupee strengthened against the US dollar at Rs160.13 in the inter-bank market

Rising Covid deaths in US, increasing layoffs making investors anxious about fiscal relief

Company downgrades this year’s cash outflow forecast as slump in air travel continues

Delay in implementation of policy shakes confidence of foreign mobile manufacturers

Qatar Petroleum Trading Company aims to build diversified global portfolio

All three major automakers report year-on-year growth

Country receives $11.77 billion in first five months (Jul-Nov) of current fiscal year

It was also for the second time that the prime minister withdrew the Revenue Division portfolio from Shaikh

Funds secured to cushion foreign exchange reserves, finance budget

Benchmark index rises 164.56 points to settle at 42,470.40

Promising vaccine trials helped lift gloom over record rises in new Covid infections

Announces 'good news for economy', says remittances rose to $2.34b in previous month, according to SBP

In the previous ADO Updated Outlook report of September, ADB had said Pakistan’s economy may grow at a pace of 2%

Oil rises to $50 for first time since Mar

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

British envoy calls for utilising $1.5b under export credit facility

Non-resident Pakistanis deposited largest amount of $7.7m in a day on Wednesday

Increase comes due to receipt of $359m from multilateral, bilateral sources

Implementation sought for all companies for transport of imported gas

Gives six-month deadline to investors to encash or convert their savings

Japanese electronics conglomerate aims to expand global footprint

Frankfurt’s banking scene has been one of the primary beneficiaries of Britain’s exit from the European Union

Ishrat Husain says govt using NADRA, broadband penetration to chase tax evaders

Shortage of raw material, disruption to supply chain cause price hike

Benchmark index advances 0.24% to settle at 42,305.84

Concern over attack on Iraqi oilfield lent further support

Increase comes due to receipt of $359m from multilateral, bilateral sources

Textile sector has about 60% share in total foreign exchange earnings and 40% of the workforce is employed by it

The rupee weakened against the US dollar at Rs160.49 in the inter-bank market

Cabinet secretary says it did not mention waiver of non-conformance charges

Owing to system, 29 phone assembly facilities have been set up in Pakistan

Country has imported over 2m tons in past five months out of target of 3m tons

Scores of non-resident Pakistanis accidentally become residents due to travel curbs

Crude stockpiles jumped unexpectedly in largest build since April

Adviser calls trend an indication exports are regaining momentum

Funds will help Pakistan address issues of climate change, health emergency

Benchmark index advances 102.25 points to settle at 42,204.03

Worsening Covid-19 situation in Europe weighs on prices

The rupee weakened against the US dollar at Rs160.47 in the inter-bank market

ICCI chief says move will help attract investment, bring industrial revolution

Challenges India’s geographical indication claim on Basmati rice

PM aide encourages exporters to market products aggressively to capture greater share