Business

Decline was led by drastic contraction in gross margins

Both main oil contracts tumble more than 2%

Business community meets prime minister to discuss hardships

Central bank is due to announce monetary policy statement today

According to report, score increases by 0.6 point to an overall score of 55

Minister encourages investors to fully participate in auction of oil and gas blocks

Both main oil contracts tumble more than 2%, having dropped more than 6% last week

Benchmark index decreases 93.79 points to settle at 42,539.23

Judicial effectiveness is one of the major contributing factors to improved ranking

Production of biodiesel will help meet environmental and
energy security goals

Country needs stable exchange and interest rates, meaningful documentation

People are facing unemployment and underemployment along with high inflation

Increase in oil prices due to Mideast tensions can have drastic impact
on Pakistan

Availability of low-cost ICT devices can boost growth of digital economy

Separate authority to have regulatory powers

US treasury secretary says they are trying to get it done this year

UK will largely replicate the EU tariff schedule

Hammad Azhar says Islamabad has made ‘significant progress’ on action plan

Fertiliser prices during 2019 increased by 12% partly due to government’s decision to hike gas prices

Envoy says trade is convenient due to road link via Iran

Absence of triggers, upcoming monetary policy announcement keep investors sidelined

Central bank will announce monetary policy on 28th

Cautions high energy cost, WASA charges will hit exports hard

Exporters hit out at govt for hike in power, gas tariffs

Ministry of Finance says net increase in external debt in 1HFY20 is $1.7 billion instead of $5.5 billion

Spreads are widening since SBP started increasing benchmark interest rate

Financial implications may prompt PM Office not to push for implementing cabinet’s decision

They must satisfy big investors but at the same time they can't risk cutting dividends

Rise comes mainly due to rupee fall, higher oil and gas prices

Term it anti-export move that will threaten exports, discourage investment

Envoy says Pakistani products can find good markets in Belgium

It will take policy decisions after consultation with businessmen

Committee overseeing exercise takes issue with lack of supporting documents, sets Jan 27 for finishing survey

Oil marketing company’s receivables have mounted to Rs355 billion

Singapore prime minister says it finds itself pressed to choose sides

India has effectively halted imports of refined palm oil from Malaysia

Benchmark index increases 0.3% to settle at 42,633.02

Beijing is world's second-largest oil consumer; slowdown in travel will show up on demand forecasts

There is speculation Britain may allow Huawei into "non-core" elements of 5G mobile networks

Minister hints seeds coming from Punjab will be checked at Sindh labs

Will pay hired agencies one-fourth of the recovered amount

Growth dominated by a few sectors including financial and transportation

Tells commerce adviser to facilitate in expo centre construction

Drop comes on back of decline in company’s volumetric sales

Withdrawal of duties is feared to push down cotton prices in domestic market

Sunny Ali is working to train youth to help them enter global e-commerce hubs

FO spokesperson says total debt of project is $4.9 billion which is just a fraction of country's entire loan

Informs joint group’s meeting in Beijing about largely complying with 22 of the 27-point action plan

Benchmark index decreases 54.33 points to settle at 42,506.94

French finance minister optimistic about reaching a deal with United States