Business

OPEC+ meeting on January 4 looms over the market

PM’s relief package going to expire on Thursday

Consumers of up to 300 units will pay 15 paisas per unit extra while those using over 300 units 18 paisas

The edict comes just weeks after Ant Group’s record-breaking IPO was halted at the last minute by Beijing

The rupee weakened against the US dollar at Rs160.38 in the inter-bank market

Technology may be crucial to drive Covid-19 recovery

PLL gets all-time highest bid at 32.48% of Brent to secure cargoes

Punjab minister assures cooperation in increasing production capacity of plants

Commerce adviser says boosting trade between two countries will maximise economic integration

SBP deputy governor says efforts have been made to ensure subsidised financing

Start of European vaccination campaign balanced by prospect of higher OPEC+ output

The electric-car maker will start with sales and then might look at assembly and manufacturing

Concern over new strain of Covid-19 dampens positive sentiment

A topsy-turvy year for carmakers

Benchmark KSE-100 index rises 257.51 points to settle at 43,674.28

Start of European vaccination campaign outweighs concern about weak near-term demand

Despite challenges, business groups are seeing LNG trade as an opportunity

This recipe for growth may not be effective for economies like Pakistan’s

Output falls as sector continues to suffer from operational inefficiencies

In current year, inflow of remittances has surpassed level of exports

It becomes clear it is only telecom that can help in coping with pandemic

Montenegro shutters national carrier

China amends criminal law

Thai seafood sellers seek govt aid

Chinese official says cooperation of both countries in this field enjoys broad prospects

Business confidence improves on expectations of promising outlook

Nisar says it would support economy during second wave of Covid-19

Stakeholders still worried about country’s thin share in global textile exports

Agreement on investment has been in works for seven years

E-commerce sales jump 49% in holiday season, according to Mastercard report

KATI chief expresses concern over 100% closure of captive power units

Expected to leapfrog US due to contrasting recoveries of both economies from pandemic

Shanghai Electric officials say timeline is subject to resolution of issues

The extension, effective on December 26, will last through December 25, 2021

The TSE said it will start reducing the weight of small-cap shares in Topix from 2022

China will conduct talks on an investment pact with the European Union “at its own pace”

Consumption of soft drinks in households soared that helped sector recoup losses

Oil prices are trading above $50 per barrel

Upper age limit for appointment on top slot of distribution companies was 62 years

Stakeholders hopeful for future because clients paid on time prior to Covid-19

Minister says Rs30b Punjab Employment Scheme launched to boost trade

Low-interest rates, rupee depreciation likely to discourage foreign investors

Imports of tea, tyres, textile and electronic goods fell 51% during first five months

Govt to convert a 12-year-old grant into equity in a questionable deal

der CPEC, could lay a strong foundation for growth of Pakistan’s economy

The rupee strengthened against the US dollar at Rs160.31 in the inter-bank market

Decrease comes due to external debt repayments

Company has sought licence for sale and marketing of RLNG

PM aide says govt will help set up large-scale manufacturing units, IT zones

Plant will be constructed at Allama Iqbal Industrial Estate at cost of Rs1.38b