Business

Benchmark KSE-100 index drops 64.14 points to settle at 42,282.28

Telecom consumers, stakeholders and the public have been invited to provide their comments on the draft

Yields of fresh fruit bunches per unit of mature plantation area fell by an average of 10% in the first half of 2020

The rupee weakened against the dollar at Rs166.26 in the inter-bank market

Stresses use of efficient technology to save electricity

Move comes after demand for Islamic financing soars in housing sector

Now, there is no restriction on export of personal protective equipment

Says finance dept adopted effective strategy to deal with coronavirus

ADB says growth will recover with subsiding Covid-19 impact, reforms

IEA says uptake of remote working dampens fuel demand

Aims to help sustain national food security, control pests

CEO says private sector has to help govt which lacks service infrastructure

Three-year strategy will ensure faster telecom network speed

Minister says dividend of controlling disease early paying off on economic side

Benchmark KSE-100 index drops 184.89 points to settle at 42,346.42

Brent crude LCOc1 was down $0.35, or 0.9%, at $39.48 a barrel while US WTI crude futures CLc1 were down $0.26, or 0.3%

LCCI office-bearers said Pakistan received 3,000-3,300 hours of sunshine per year on average

The rupee weakened against the dollar at Rs166.17 in the inter-bank market

Aims to achieve bumper staple crop with improved quality

Proposals include steep reduction in tax rates for corporate sector, salaried persons

Decline comes due to rise in revenue from sale of gas

Govt stakeholders call for appointing arbitrator to resolve K-Electric receivables, payables issue

Inflows exceed $2b mark for third consecutive month

Trade fair provides platform for Pakistani companies to enter Chinese market

Argue these will help stimulate foreign investment in country

Calls for preventing concentration of wealth in few segments

JCC meeting likely to take place by end of October

Benchmark index crawls up 0.64 point to settle at 42,531.31

Prices supported by impending storm that has disrupted US oil output

Import rationalisation has nothing to do with petrol shortage in the month

Pakistan needs fresh industrial policy that will push for higher productivity

Travel demand picking up gradually with the resumption of flights

With challenges for investors, there are a few low-hanging fruits to pick

Stabilisation is achieved when all economic indicators perform at optimum level

Pakistan's 27-point action plan will be reviewed during a virtual meeting

Investor participation picks up on back of increase in economic activity

Virtual meeting replaces full summit with all European leaders cancelled due to coronavirus

Despite lockdown, auto enterprises continue to secure foreign orders

Official says exhibition industry was first sector to be affected by Covid-19

Finance aide says prudent policies of govt helped gain economic stability

Performance of firms does not meet objectives of power sector reforms

Restrains collection from fertiliser units set up on guaranteed supply till next hearing

Earlier, experts had advised govt against hedging as global prices were volatile

Recommends putting defaulters’ names on CIB as it seeks to recover Rs126.5b

The SPI for the combined income group rose 9.04% compared to the corresponding week of previous year

Allows sale of plots in three different SEZs

Insist concession will turn it into export-focused industry

Minister says govt working to develop long-grain Basmati rice

The rupee strengthened against the dollar at Rs165.97 in the inter-bank market on Friday

Say if tax remains applicable, sugar price will continue to be on higher side