Business

Governor Baqir confident of overcoming issues to resume IMF programme

Firms slashed output by 35% in spring as lockdowns destroyed travel need

Official calls for speeding up digital transformation to adapt to new normal

Airline will put more planes out of service as it loses €500m a month

Petroleum Division also suggests price deregulation, subsidised LPG supply to poor

Official says gap between demand and supply of gas is likely to reach 500mmcfd

Benchmark KSE-100 index dips 330.62 points to settle at 42,174.14

Decision largely in line with market expectations

Well-developed digital infrastructure helps these economies weather pandemic

Though not key economic power, Afghanistan’s geographic location makes it important

Pay-for-performance culture needs to be introduced for export industries

Unemployed workers must enhance skills to match emerging requirements

Monetary policy body meeting at a time when fresh Covid-19 cases are on rise

SAPM Nadeem Babar discusses GIDC and other issues with Aptma officials

Move aimed at boosting industrial sector, exports

Islamabad may soon float much-delayed Eurobonds in international capital markets

LCCI chief says businesses too caught up in managing day-to-day affairs

Production jumps as containment of virus prompts global buyers to order from Pakistan

KSE-100 witnesses range-bound trading as investors remain cautiously optimistic

Directory for tax year 2018 shows 45 parliamentarians didn’t even submit returns to FBR

Local investors are planning to build 100-room hotel near Jinnah International Airport in Karachi

2020 registered an increase of 0.71% for the combined income group, going up from 136.62 points during the week

The rupee strengthened against the dollar at Rs165.83 in the inter-bank market

Delegation says Central Asian state will start building pipeline from Turkmen-Afghan border

Says Pakistan will gain access to good export market after peace in Afghanistan

High-level visits between two sides open new horizons of cooperation

Traders say Pakistan will not be able to sell rice under basmati brand if India gets it

CCOE decides to remove 66% offtake condition for power plants from Jan 2022

Investors anxious over reimposition of restrictions, stuttering global recovery

Aims to make cross-border payments quicker and cheaper

Demand comes as regulator moves to decide fate of company as sole power provider

Benchmark KSE-100 index gains 170 points to settle at 42,504.76

Crude benchmarks set for weekly gains after Riyadh asked allies to stick to quotas

Motorway police received 507 vehicles, nearly 4,000 new posts

Power utility seeks an increase in tariff by Rs1.26 per unit

The rupee strengthened against the dollar at Rs166.21 in the inter-bank market

Ufone’s parent company seeks proposals for advisory role for possible amalgamation

Firm bears losses on back of rise in finance cost, shrinking margins

Bids cancelled on allegation of collusion among importers

Central bank cites no reason for the increase

Investment drops in wake of subdued economic activities, recession in Europe

Says Pakistan waiting for constitution of joint working group

Riyadh calls for countering negative perception to unlock Pakistan’s real potential

Central bank aims to provide secure, efficient financial system through digital means

It will come after reduction in rate of return for power projects

Benchmark KSE-100 index rises 0.12% to settle at 42,334.76

Central bank cites no reason for the increase

PBS data showed over 2% increase in wheat prices in past one week alone

PM Imran chairs meeting on power sector reforms, says govt working on making the subsidy system transparent

IMF has asked Pakistan to end state control of the rupee