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NEPRA defers tariff hike hearing
Delays price increase of Rs0.86 per unit requested by distribution firms
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Rupee recovers, gold loses shine
Surge in dollar supply compared to demand supports rupee’s recovery
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Marble industrial parks proposed
Chinese quarrying techniques can help utilise marble reserves
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Ukrainian energy firm may set up plant
Company interested in developing landfill degassing project
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How smuggling is bleeding Pakistan’s revenue dry
From cellphones to toiletries, smuggled goods have seized sizeable market share
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Dow Jones hits 30,000 mark for first time
Raft of monetary, fiscal stimulus powers US stocks back to record highs
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Market watch: Stable interest rate lifts KSE-100 index
Benchmark index rises 230.84 points to settle at 39,863.36
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Oil hits highest since March on third Covid vaccine
Expectations US crude inventories edged lower last week provide support
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‘TVET vital for empowering youth’
EU Ambassador says it is only possible through sustainable allocation of resources by both state and private sectors
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Rupee weakens against dollar
The rupee weakened against the dollar at Rs161.05 in the inter-bank market
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Govt launches Rolling Spectrum Strategy
Plan provides future roadmap for spectrum allocation, policy reviews
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SBP leaves interest rate unchanged at 7%
Decision taken to support economic activities that are at risk due to Covid-19
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5G rollout may take 5-7 years in Pakistan
Experts are of unanimous view new technology will offer immense benefits
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Power sector reforms to save Rs300b
Umar hits out at PML-N for setting up power plants despite lack of transmission network
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Govt claims fall in flour price
Monitoring committee reviews price trend of essential commodities
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Energy relief package unlikely to benefit SMEs
Garment industry urges govt to remove condition of extra power consumption
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CPEC new ray of hope for irrigation project
Experts believe project can lift people out of extreme poverty
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SAARC for review of strategies to meet SDGs
Meeting participants seek special focus on poverty reduction, quality education
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Govt wants transparent hiring process
Ministers divided over appointments through ads or headhunting firms
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Oil prices rise on Covid-19 vaccine news
Sentiment bolstered by expectations OPEC+ will extend deal to restrain output
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Market watch: Jittery investors push PSX below 40,000
Benchmark KSE-100 index dives 554.66 points to settle at 39,632.52
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Monetary policy: SBP leaves interest rate unchanged at 7%
Decision taken by central bank is in line with market expectations
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Amazon pilot lifts stock exchanges into cloud
Cloud-based exchanges save money and reduce potential for outages
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Surviving pandemic in deeply polarised world
Polarisation a challenge to developing states where early vaccine supply seems unlikely
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Pakistan’s economy: somewhere it all went wrong
Gradual shift away from industrial to services sector has cost us all
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Producing generation of skilled labour
Pakistan should adopt Chinese 5-year plan that seeks dominance in robotics, telecom, aerospace
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Debt statistics: where does Pakistan stand?
Worsened debt levels are largely due to Covid-19 pandemic
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Macro situation and stagflation
Agriculture sector is facing crisis that will gradually constrain industrial output
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Investors rush to buy equities
Pumping $27 billion into equity funds
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FPCCI stresses continued growth of LSM
Official says it will help revive economy, create jobs
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Despite pandemic, knitwear exports pick up pace
Sector earns highest foreign exchange worth $1.18 billion in Jul-Oct
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Govt committed to boosting IT exports
Minister says introduction of 5G will turn country into knowledge-based economy
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SBP likely to leave policy rate unchanged
Experts say bank wants to let economic activities pick up despite high inflation
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Pakistan secures $800m in debt relief
Awaits responses of six more nations on $1b worth of transactions
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Surging Covid cases temper gains
Investors remain on sidelines ahead of monetary policy announcement
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UK, Canada sign post-Brexit rollover trade deal
Agreement will protect flow of $27 billion worth of goods and services
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Fisheries development can enhance exports
PCJCCI official suggests using Chinese expertise to develop sector
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Wheat packaging causes losses worth Rs57b
Use of non-laminated bags by flour mills is causing wastage
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G20 to discuss post-pandemic world
Will debate how to manage recovery once coronavirus is under control
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SPI increases 0.24%
The Sensitive Price Indicator (SPI) for the week ended November 19, 2020 registered an increase of 0.24%
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Rupee weakens against dollar
The rupee weakened against the dollar at Rs160.72 in the inter-bank market
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Ride-hailing services struggle
Transport facilities now functioning at just 50% of their capacity
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Traders oppose sealing of businesses
Recommend issuance of warnings, levy of fines on units flouting SOPs
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Ministry to discuss Pak-Afghan trade deal
Will deliberate on items to be placed in proposed trade agreement
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Textile sector facing raw material shortage
Exporters fear shortfall may lead to drastic decline in textile exports
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Programme launched to support businesswomen
Initiative will help women entrepreneurs access opportunities to grow business
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State Bank announces new regulatory incentives
Relaxations aimed at promoting housing and construction finance
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Govt plans new tax legislation
May withdraw tax exemptions to raise Rs200b to meet IMF condition
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Govt allocates $150m for Covid vaccine
Also decides to request G-20 nations for additional debt relief of $915 million
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Market watch: KSE-100 retreats ahead of monetary policy
Benchmark index dips 353.52 points to settle at 40,187.18