Business

Subsidiary of the industrial unit will be set up for transaction

ABAD chairman says construction package will steer country towards growth

Chinese, Turkish, Saudi and European firms setting up plants at FIEDMC zone

Planning Commission recommends keeping currency stable

Benchmark index rises 0.76% to settle at 43,416.77

US crude inventories fell 562,000 barrels in the week to December 18 to 499.5m barrels

Decrease comes due to external debt repayments

Textile exporters are anticipating a shortage of industrial input due to falling cotton production in the country

Development projects worth millions will be carried out under a 10-year development plan in the merged districts

The rupee strengthened against the US dollar at Rs160.55 in the inter-bank market

Ambassador shows interest in working on new economic roadmap

It will be Pakistan’s first peer-to-peer lending system

Tests show 1.6 mmscfd of gas and 12 bpd of condensate in Siab-1 well

Four new companies went public while 14 issued right shares

Move violates law that calls for women representation in every public interest firm

Worry fruits and vegetables will rot if subject to time-consuming checks without agreement

Logistical chaos delays goods bound for retailers, automakers

KCCI suggests establishment of industrial park at border

It will also mull request for amendment to PQA master plan for LNG terminals

Benchmark KSE-100 index rises 180.76 points to settle at 43,087.70

Prices take hit after Trump threatened not to sign $892b coronavirus relief bill

Ambassador Hamad Obaid Ibrahim Salem Alzaabi thanks Islamabad for helping in food security during Covid-19 pandemic

Proposes a mix of commercial and concessional loan against Islamabad’s desire to secure cheapest lending

Governor vows to support industrialists

Private sector should promote equality

The rupee strengthened against the US dollar at Rs160.67 in the inter-bank market

LCCI chief for exchange of delegations, exhibitions to increase cooperation

PM aide appreciates MNC’s plan to start BSS operations in Pakistan

Implementation will create competitive environment in power sector

Bonds will help raise $500m for financing Mohmand, Diamer-Bhasha dam projects

Remains in surplus for fifth successive month at $447 million

Talk about factors hindering solar energy growth in country

Mutant variant of coronavirus in Britain revives concerns over demand recovery

Shale industry will ring in the New Year pumping 7.44m barrels per day, down nearly 20% from the beginning of 2020

Uptrend hampering recovery of construction activities in country

Benchmark index falls 426.82 points to settle at 42,906.94

Analyst says given scale of crude’s two-month rally, deeper correction cannot be ruled out

Foreign exchange reserves increase to $13 billion, says premier

State Life Insurance and Bank Alfalah have signed an agreement to facilitate State Life’s policyholders

The rupee weakened against the US dollar at Rs160.71 in the inter-bank market

Will assess whether products are being sold at excessively low prices

Carmakers expect deal to help them tackle industry’s challenges

Concerns threaten to torpedo optimism over vaccine-fuelled rebound in growth

Members say no data available to confirm benefits to economy if incentives offered

Trade commissioner urges entrepreneurs to invest in pharma, jewellery sectors

Delegation expresses satisfaction over quality, production environment

Dawood holds meeting to discuss matters related to trade

Proposal to raise minimum wage evokes mixed reaction

Saudi Arabia has not yet signed $716 million relief agreement

Considering permitting digital account opening at banks