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Surging Covid cases temper gains
Investors remain on sidelines ahead of monetary policy announcement
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UK, Canada sign post-Brexit rollover trade deal
Agreement will protect flow of $27 billion worth of goods and services
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Fisheries development can enhance exports
PCJCCI official suggests using Chinese expertise to develop sector
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Wheat packaging causes losses worth Rs57b
Use of non-laminated bags by flour mills is causing wastage
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G20 to discuss post-pandemic world
Will debate how to manage recovery once coronavirus is under control
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SPI increases 0.24%
The Sensitive Price Indicator (SPI) for the week ended November 19, 2020 registered an increase of 0.24%
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Rupee weakens against dollar
The rupee weakened against the dollar at Rs160.72 in the inter-bank market
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Ride-hailing services struggle
Transport facilities now functioning at just 50% of their capacity
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Traders oppose sealing of businesses
Recommend issuance of warnings, levy of fines on units flouting SOPs
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Ministry to discuss Pak-Afghan trade deal
Will deliberate on items to be placed in proposed trade agreement
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Textile sector facing raw material shortage
Exporters fear shortfall may lead to drastic decline in textile exports
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Programme launched to support businesswomen
Initiative will help women entrepreneurs access opportunities to grow business
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State Bank announces new regulatory incentives
Relaxations aimed at promoting housing and construction finance
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Govt plans new tax legislation
May withdraw tax exemptions to raise Rs200b to meet IMF condition
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Govt allocates $150m for Covid vaccine
Also decides to request G-20 nations for additional debt relief of $915 million
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Market watch: KSE-100 retreats ahead of monetary policy
Benchmark index dips 353.52 points to settle at 40,187.18
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Oil set for third week of gains on vaccine hopes
Renewed lockdowns in several countries to limit spread of virus cap gains
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Rupee weakens against dollar
The rupee weakened against the dollar at Rs160.61 in the inter-bank market
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CCOE seeks plan for competitive gas market
Says private sector should perform active role in such market
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Current account surplus soars
Positive balance of $382m comes following receipt of higher workers’ remittances
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PIA financial restructuring in final stages
Airline CEO says efforts for improvement have started yielding results
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Provinces back Sindh for representation in OGRA
Currently, federal govt appoints OGRA members with no input from provinces
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CCP raids offices of two cement companies
Seizes record of cement manufacturers on suspicion of role in price fixing
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Canada approached for workforce training
PM aide says Pakistan in talks with South Korea, Japan for manpower export
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Market watch: KSE-100 rises marginally in choppy trading
Benchmark index edges up 26.03 points to settle at 40,540.70
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Foreign exchange: SBP reserves rise $191m to $12.93b
Central bank cites no reason for increase
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Minister floats idea of seed banks
The Express Tribune hosts webinar to discuss China-Pakistan’s joint agriculture venture
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SECP approves P2P lending platform
Peer-to-peer lending is an innovative alternative digital platform that connects borrowers with individual lenders
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‘Pakistan heading towards stability’
Hamayun Iqbal Shami says incumbent government is taking corrective measures to attract international investors
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IFC-PIDC merger hits snag
Shareholders engage in tug of war over transfer of shares
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Government focused on sustainable growth: Shaikh
Finance adviser says foreign loans worth Rs5tr returned in past two years
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ADB issues first Pakistan rupee-linked bonds
Raises Rs1.83b in issue of Karakoram bonds
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Rupee loses around 1% value
Depreciates to 159.83 following three weeks of strengthening
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SBP projects modest growth
Forecasts Covid-hit national economy will expand 1.5-2.5% in FY21
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Honda’s profit jumps 29%
Earnings rise due to significant recovery in unit sales, dip in finance cost
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Pakistan, Russia sign revised gas pipeline deal
Project renamed as Pakistan Stream Gas Pipeline due to Islamabad’s major shareholding
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Textile exporters unable to finalise new orders
Value-added textile chain suffering due to unavailability of cotton yarn
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CPEC’s JCC meeting faces more delay
Pakistan, China struggle to converge on industrial cooperation framework
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Oil up on hopes for delay to supply increase, vaccine
Crude contracts jump $1 after Pfizer finds its Covid vaccine 95% effective
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Market watch: Stocks dip ahead of IMF mission arrival
Benchmark KSE-100 index drops 138 points to settle at 40,514.67
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IMF mission visiting Pakistan soon, says Shaikh
Adviser to PM on Finance says there has been no increase in public debt in four months
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LCCI for opening marriage halls
LCCI for opening marriage halls
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Rupee weakens against dollar
Rupee weakens against dollar
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Entrepreneurs to get industrial plots
PIEDMC also approves package for investors purchasing more than 25 acres
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Petroleum Division looks to split gas utilities
Seeks approval of Cabinet Committee on Energy as gas firms face high UFG losses
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Court sets aside SRB order
Tax to now be applicable only to service charges and not on gross amount
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Govt mulls 50% tax break for EVs
Considers waiving registration, annual fees for electric vehicles in new policy
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PSX sets up debt securities platform
Aims to extend investment opportunities for traders at bourse
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OPEC+ sees oil cut extension in 2021
Producer group is due to raise output by 2% of global consumption
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‘Cost reduction key to industrialisation’
FCCI chief says lack of trust between govt, industrialists hinders business activities













































