Business

Lion Air in talks to start flights between the two countries

Aims to to create awareness of safety measures during rides

The Mela well 07 was drilled and tested using OGDC’s in-house expertise

IMF has asked Pakistan to end state control of the rupee

102MW project producing cheap electricity for grid

Nadeem Babar says issues of monopoly rights and uniform tariffs need to be resolved

Hits Rs108,300 per tola as investors shift to safe-haven asset

Move to cut rates aimed at promoting investment in country

Issue of paying Rs16b in refunds in return for kickbacks lands in NA

European stocks trade lower as investors shift to wait-and-see mode

Dwindling harvests, low demand and supply chains hit by coronavirus hamper industry

Province will roll out digital system to monitor, regulate wheat sales

Govt attempts to restructure bank through ‘supra body’ of former bankers

Benchmark index advances 0.91% to settle at 35,694.89

Covid-19 infection cases cross grim milestone of over 3 million in US

District admins prohibit setting up of cattle markets in major cities to curb virus

Acting chief presents shield to outgoing chairperson

Businesses and households could request for the deferment of their loans and advances for a period of one year

IMF has asked Pakistan to end state control of the rupee

Offers 40m shares at Rs20 each to investors at PSX

PTEA demands changes in system for speedy processing of refund claims

Cite increased competition in world market while export sectors struggle

Closes at Rs105,900 per tola, takes cue from global market

Cabinet gives ex-post facto approval for increase in prices from June 26

Investment in new aircraft to be cut by 50% as airline struggles to cope with crisis

NIC report says businesses have come to halt amid struggle to survive

SBP claims shift to electronic payments will stimulate trade, help economy by 7%

It will perform all functions currently being done by Pakistan Customs

Early release of wheat stocks by Punjab may aggravate situation

Benchmark index gains 170.58 points to settle at 35,373.35

Sixteen US states report record increases, other parts hit by resurgence

Power Division subsidies budget given to Finance Division

Global stocks Markets rally on economic recovery

Infrastructure projects Asad Umar reviews progress

Expanding markets Pakistan begins mango exports to Japan

Inter-bank market Rupee weakens against dollar

Overall cement consumption edges up 1.98% due to higher export growth

Ambiguity about extension in period for receipts leads to suspension of shipments

Demand problems should be resolved to help meet export orders

Businessmen say fluctuations without notification are disrupting production

Move aimed at cooperating with other countries to stop money laundering.

OICCI says investors not deterred by isolated incidents, take holistic view of situation

Commissioner says it will take decisive action if Washington is unwilling to settle row

Will expedite processing of applications under refinance scheme

Benchmark index gains 151.39 points to settle at 35,202.77

Price ceiling may be determined by OGRA more frequently, like weekly or even daily

Solution lies in deregulating market, removing curbs on setting up industries

Avoiding economic contraction will be quite challenging for government

Efforts needed to enlarge resource envelope through higher investment, economic activity

Pakistan fails to link budget with long-run objectives, is trapped in year-to-year goals