Business

There is a long series of politically motivated assurances that were not honoured

Textile industry is a primary driver of export growth, but it also consumes a significant portion of subsidies

Rulers are found blaming opposition and external factors, instead of looking at their self-centred policies

Minister may have best opportunity to contribute towards economic recovery

Shortage leaves banks refusing to issue new letters of credit for importers

Qatar, UAE ministers say more investment required

The number of exits exceeds that of the last five years combined

KSE-100 index drops by 684 points to settle at 40,323

New buyers show interest in exporting Pakistani goods

Businesses outcry dollar constraint as LSMs, exporters suffer a shortage of raw material

ECC likely to give go-ahead in bid to reach out-of-court settlement

To promote financial inclusion in unserved, underserved segments of society, says SBP

Minister says federal govt had plenty of wheat reserves; claims provinces not releasing grains

Envoy says Ethiopia too has been hit by climate change, but has brought green revolution

Offers ‘excellent’ opportunities to grow their businesses

Pakistani student’s idea becomes centre of attraction at German fair

On account of petition filed by the government regarding uniform tariff for Discos and KE

Due to economic uncertainty and inflation

Govt, however, expected to keep prices unchanged by adjusting petroleum levy

Diverts 20% funds towards lawmakers’ schemes to bypass provincial govt

Oil companies send letters to finance secretary and SBP, seek intervention

Saudi interested in supporting govt in navigating Pakistan's economic challenges and building a sustainable economy

Activists blame palm oil industry for rampant clearing of Southeast Asian rainforests

Closure renders thousands jobless

90,000MT urea has arrived while 450,000MT of wheat is expected next month

Govt hopes hydrocarbon production at field will ease gas crisis

Signs two framework agreements focusing on socio-economic uplift, sustainable development

Global experts lay stress on eco-friendly production, safe working conditions

Decrease came owing to external debt repayment

Shipments of textile goods to overseas markets fall 17% to $1.35b in December

Growth in bank advances, drop in deposits helped them avoid additional taxes

Recent exploration shows diverse portfolio of uranium in the Gulf Arab state

Russian nominal GDP is likely to be $2.14 trillion this year, the highest since 2013

Complains about lack of govt support, rising fertiliser cost

Lenders anticipate a further increase in central bank’s interest rate

Govt also decided to increase price of fertiliser by 9%, or Rs190 per bag, to cut subsidies

Will provide relief of Rs10.67b to KE’s consumers in Karachi on account of FCA

Stands at 227.93 vs dollar amid conflicting reports about IMF programme

Businessmen fear funding can put Pakistan under more debt burden

For industries ministry, subsidy is only viable option to jump-start e-bike production

Minister says forex funds held by commercial banks are property of citizens and govt is not considering access to them

Attributes closure to the non-availability of dollars to import raw material

Will enable govt to auction 300-400 MHz spectrum bands to generate revenue

Expect to secure record number of orders by finding new buyers

Forecast points to a sharp, long-lasting global slowdown with growth pegged at 1.7%

PM Sharif to visit UAE from January 12 to January 13 to advance investment ties

Call on all govt organs to jointly draw up charter of economy

Income reaches Rs694b, driven by increased use of telecom services

Gold prices come down by Rs3,300

Directs ministry to launch media campaign