Business

Will set up an oil refining facility preferably in K-P

Amount increases by 7.6% year-on-year, Saudi Arabia remains largest source

Closes at Rs105.95 a dollar in open market

The SBP also made payments of $270 million during the week on account of external debt servicing

Reduction in exports greater than decrease in imports

Whereas seeds of all other kinds have been exempted from any additional tax

Says climate change and population increase threaten food security

Underlines need to improve management systems

China tops list with $1.39 trillion illegal capital ushered over 10 years

Has piled up over five years; result of providing subsidised wheat to G-B

Benchmark KSE-100 index rises 228.55 points

Sends cases of people who have to pay over Rs0.1 million

Power ministry holds CEO responsible for Rs450 million scam

Envoy says most of the assistance is aimed at economic expansion

Punjab chief says textile mills will be forced to shut down

Value of new listings stands 60% higher at Rs116.8 billion

PAC either defers decision or settles objections

Benchmark KSE-100 index falls 61.83 points

NEPRA will hold public hearing on December 17 to take decision

Experts warn South Asia has last chance to meet development goals

For the first time, the government has publicly said the rupee has been “overvalued” against the US dollar

Gourmet Group becomes sponsor shareholders with 12% stake

Project called major initiative that will bring peace in region

IMF-permitted limit is Rs625b for first six months of ongoing fiscal year

Move meant to accelerate connectivity keeping CPEC in mind

Content in local language will play important role in enhancing literacy

The $4.5 billion undersea gas pipeline will be carrying about 31.5 million standard cubic metres gas per day

Privatisation minister says road shows will be held in the Middle East, China and Europe to find a buyer

Conversion of PIA into privately-held company will insulate it from bureaucratic control, finance minister said

Leadership should show strong political will to fully operationalise SAFTA

Husain will complete two four-year terms in April, does not want any extension

Only the formalities remain, says Saleem Mandviwalla

Benchmark KSE-100 index rises 145.63 points

Bangladesh bans raw jute exports indefinitely

It could open Pakistan to Turkish imports without a similar rise in exports

Experts say South Asia needs to work together for stability, peace

Workers completely reject PIA sell-off, fear job losses

ECC allows export of 500,000 tons, Rs13 per kg in subsidy

The gold-backed ruble and yuan can dethrone the dollar soon

Mohammad Zubair says finding potential buyer for Pakistan Steel will not be an easy job

Energy and security top issues, but business community worried about policies now

With large population, Pakistan serious area of focus

Key to success is not only to convince China and India; US needs to lead by example

Selective capital control required to curb speculative pressure

Govt chooses easier path to raise revenue, tough questions left unanswered

President Mamnoon promulgates ordinance that will allow govt to separate airline’s liabilities

US economy adds jobs, remains on growth trajectory

13-member body puts off reassessment till June next year

SBP governor says he is unaware of debt and equity components in $46 billion CPEC

Additional supply would help meet growing need, says finance minister