Business

A total of 480 schemes had been initiated out of which 110 are still incomplete

Increase comes on the back of inflows from UAE

Benchmark index decreases 163.04 points to settle at 38,384.72

Crude prices have risen by almost a third since the start of 2019 due to OPEC-led supply cuts

IMF team appreciated PRA’s efforts in promoting ease of doing business

The envoy shared that the current portfolio of financial assistance amounted to €800-900 million

Cumulatively, the rupee has lost 31.8% of its value in the last 13 months

Gas utility’s board gives additional charge of MD to Mahmood Ahmad Zia

Will provide advisory facility for privatisation transactions of two power plants

Aims to encourage inflows through legal channels to combat money laundering

Official urges govt to adopt wholesale-retail mechanism to increase efficiency of sector

Commerce adviser says govt has finalised policy for value addition of sector

Govt employs Dagha to tackle fiscal challenges, negotiate with IMF

Also freezes, in principle, payments worth Rs96b that PIA owes to CAA

The ruling will be in effect till both companies meet the legal requirements of Sindh Transport Authority

DIG hosts Global Investment Opportunities Summit

FCCI chief calls for appointing Pakistan consul general in New York

Speakers stress inter-departmental coordination to avoid double taxation

Secretary seeks allocation of Rs15b for flood protection project

Increase comes on the back of expected rise in demand amid low inventory

World Bank says delay in 5G deployment will put off revolutionary leap

Asad Umar believes open, rule-based economy can break elite stranglehold

Finance minister says govt is improving structure to strengthen institutions

Also proposes the setting up of fund for security-related expenses

Information Minister Fawad Chaudhry observes at least 3.2m consumers were affected by overcharging

OPEC scrapped its planned meeting in April, effectively extending supply cuts

Commer¬cial use of the electr¬icity produc¬ed will start from June

PRF enables govt in accelerating delivery of critical infrastructure across the province

ICCI expresses grave concerns over rising inflation, specifically in food items

Pakistan welcomes investment from UAE in water resource projects, other sectors

Govt is making efforts to extend support to the business community, says Abdul Razak Dawood

The creation of data centres can help solve many problems that domestic iPhone users have encountered

New committees of public sector firms will comprise private sector experts

Delegation seeks cooperation in areas of trade, energy and furniture

Is planning to ease burden on PSDP by seeking innovative financing

One plant will begin test production between March 20 and 25, second in late April

BOI chief Haroon Sharif says industrial policy will reduce cost of doing business

The rupee has been continuously shedding its value for about a week now

Lender says four influential groups have frustrated efforts to bring reforms in country

Minister of State for Revenue Hammad Azhar says these people are under FBR’s watch list

During talks, IMF had demanded shift from a managed currency regime

Benchmark index increases 1.42% to settle at 38,851.95

Saudi energy minister says April would be too early for any decision on output policy

Focusing on Pakistan in 2047, new WB report recommends reforms to accelerate and sustain growth

Participation of women is exceedingly important in economic growth

Investors require competitive business environment, safeguarded from uncertainties
such as war

Globally coal-fired capacity is constantly being replaced with cleaner sources

There are many opportunities for raising shipments; so far trade balance is highly tilted in favour of the kingdom

Time will tell whether the government is able to solve structural problems to correct balance of payments

European Commission says palm oil cultivation results in deforestation