Business

New product range brings Pakistan’s fuel on par with global standards

Official says Pakistan responded to crisis better than other Asian countries

Pakistan’s textile shipments surge 33% to $1.27b in July 2020

Benchmark index gains 61.51 points to settle at 40,184.01

Apologises to ambassador whom it earlier summoned for misusing duty-exemption

Bank AL Habib’s profit after tax was recorded at Rs7.23 billion for the half year

BankIslami exhibited solidarity for Pakistan through various celebrations on the 73rd Independence Day

The event marked two decades of its foundation while setting up a network of over 195 branches

Going down from 134.23 points during the week ended August 6, 2020 to 133.94 points

The rupee weakened against the dollar at Rs168.17 in the inter-bank market on Monday

Stakeholders discuss issues impeding growth of industry

Minister says government-owned power generation plants would also reduce their rates in line with IPPs agreement

Move comes after ombudsman’s directive to initiate proceedings

Currently, 37% tax is applicable on partially oriented yarn

Keeps outlook stable, anticipates surge in foreign exchange reserves

EasyJet may see loss of up to 670 jobs as travel pain continues

The meeting was held under the chairmanship of Senator Farooq Hamid Naek

Investors weigh struggle by US lawmakers to hammer out stimulus

Asks govt to intervene, direct PIA to pay outstanding dues worth billions of rupees

Benchmark index falls 168.24 points to settle at 40,122.50

Emergence of new coronavirus hot spots places pressure on fuel demand, prices

Asks Palestine ambassador to appear on Tuesday to explain illegal sale of duty-exempted vehicle

Well-informed, dynamic economic policy discourse is the need of the hour

Costs of solar energy production and plant maintenance quite high

Board of Investment needs to step up efforts to exploit opportunities which country offers

It took loans of only Rs205b in July due to surge in foreign financing

Govt trying to resume IMF programme; lender may ask for fiscal adjustment

Increase in imports comes ahead of trade deal review

The southern African nation has been grappling with more than a decade of hyperinflation

Aims to secure jobs against economic fallout, structural shifts in auto industry

June drop is less severe than the 18.15% contraction analysts had estimated in a Reuters poll

Bank of England official says strong consumer spending helped recoup losses caused by pandemic

Allows central bank to endorse overseas investment of up to $10 million

August 14 celebrations across Pakistan were extraordinarily high

Association official says sector has been hit hard due to prolonged closure

Expert regrets Pakistan’s share in global e-commerce sector remains low

Many Zimbabweans have seen their savings evaporate and still struggle to afford basic commodities

Only 1.2% of allocation released for civilian hospitals, 37% for poor

The roundabout has been restored as part of the bank’s commitment to beautify Karachi

Restructuring indexes Alibaba, Xiaomi to join Hang Seng

Lockdowns across globe push many countries into deep recession

Board's term had ended in 2015; earlier efforts went in vain

Joint centre will boost yield to improve domestic food security and supplement export

Total motorcycle sales stood at 300,000 units in July 2020

Will soon kick-start construction of 30-40 buildings in Karachi

Washington and Beijing’s January deal represented partial truce in their trade war

Supreme Court’s GIDC verdict, political concerns keep investors wary

Traders given weak lead from Wall Street where stimulus struggle trumped improved data

Companies report expansion in employee base due to rise in volumetric sales

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