Business

Urban Unit CEO says nations using artificial intelligence will progress more than those who don't

Hurdles to economic revival, outbreak of coronavirus also sparked selling at bourse

Syed Murad Ali Shah directs time for registration and transfer be reduced to six days

Govt has also decided to add few sectors to tax net, which currently enjoy zero tax rates

Funds insufficient to complete some critical schemes of Gwadar and Karachi

Reserves depleted by around $1b from August 2019 to January 2020

Russian energy minister says Moscow needs to analyse market, will clarify position next week

Study states high taxes have sparked smuggling of many products into the country

Company reports loss per share of Rs1.25 in 2019

Says promotion of IT sector will create millions of jobs for youth

Air carrier failed to comply with conditions before launch of flight operations

Exports show negative growth for third successive month

Govt commits to fully utilise remaining funds before June to propel growth

Benchmark index decreases 580.77 points to close at 40,143.63

It was recovered from owners of different business points that had not submitted advertisement fees

Cites double-digit inflation, politically-high cost as reasons for seeking a delay in issuing notification

PFC chairman says PM has assured him of all possible support, incentives to strengthen furniture sector

Says some Russian companies are keen to explore opportunities in Pakistan

Sales in southern region of country were lower than exports

Despite concerns, vast majority remains optimistic about country’s growth potential

PPL’s Margand block is estimated to have 1 trillion cubic feet of reserves

Profit growth will come from increasing lending to government at high rates

Petroleum minister says by 2030 the country would have around 20,000 megawatts from renewable resources

NA panel says it can result in monopoly of 20 big brokers over stock market

Benchmark index decreases 159.84 points to close at 40,724.40

OPEC+ agrees to recommend provisional additional cut in oil output of 600,000 bpd

Central bank cites no reason for increase in reserves

Washington expected to split levies on $120 billion worth of Chinese goods

Analysts see the decision a move by Beijing to boost confidence amid a virus outbreak

Cites robust funding, liquidity and close links with the sovereign underpin as reasons for reinforcements

Situation prompted by lower-than-expected receipts against budgetary measures

Company executive says manufacturing hubs to be established in Europe

Around 400,000 bales have already been shipped, remaining 250,000 bales delayed

Two major global exporters stuck in crisis; China is dealing with coronavirus while Thailand is facing severe drought

CEO Akbar al-Baker says company will take its time to negotiate

US-China trade agreement doesn’t formally take effect until February 15

Accuses federal and provincial ministries of failing to control locust situation

Aims to slash taxes, link locally produced LPG with 90% of Saudi Aramco contract price

Further support lent by news of allies considering output cuts

Plan in progress to find way to offer Shariah-compliant credit cards in the country

ECC also approves establishing Digital Media Wing in the Ministry of Information and Broadcasting

Power minister briefs envoy on renewable projects and investment potential of sector

Envoy says business community is actively engaged in boosting bilateral trade

'Aramco has demonstrated the full power of the Saudi market'

Earnings per share stand at Rs4.07 in year ended December 2019

Businessman regrets country cannot secure orders due to liquidity crunch

Power Division says running RLNG power plants on 66% must-run scenario has become uneconomical

Pakistan local currency bond yields rise 10 to 30 basis points in auction

Sets minimum reserve price at Rs6.6b in a bid to raise money to pay off debt

CPEC Authority chairman says eight more power generation projects underway to produce 4,470MW electricity