Business

SBP says measures in place to reduce risk of outflow, take maximum benefit of investment

Objects to participation of only Islamic banks in the process

PSQCA prepares to introduce quality standards more suited to Pakistan’s infrastructure

SBP Governor Reza Baqir tells PAC people do not want to come in tax net

Stocks on Wall Street rebounded to trade more than 1% higher after Fed announcement, but later pared gains

Reduces rates by half percentage point to target range of 1% to 1.25%

Benchmark index decreases 96.62 points to close at 39,199.68

Both benchmarks rebound in past two days after sliding more than 20% from their January peaks

Federal Minister for Planning, Development and Special Initiatives urges British investors to invest in new areas

Despite winning massive concessions, lower number of traders files tax returns

Will allow central bank to stop printing money for budgetary financing

Consignments had reached port prior to govt’s notification banning commodity’s export

Investors welcome indications from leading central banks that they stand ready to intervene

Decline comes due to suppression of imports amid rekindled hopes for revival of exports

In Pakistan, trade embargo has affected nearly 2,500 people working in various industries

Investors await notification of policy before making investment

Government has already accepted demands of industrialists for the supply of electricity, gas

Policy drafted after extensive stakeholder consultation to encourage local manufacturers

Revenue collection in Jul-Feb increased 16.5% or Rs385 billion

Benchmark index decreases 103.70 points to settle at 37,983.62

Investors worried about economic slowdown due to global spread of coronavirus

Hopes epidemic will be over in months shattered as international cases soar

Canadian delegation visits Islamabad to explore joint venture, investment prospects

No major discoveries made for a long time; govt has yet to auction new blocks

Decides to invite automakers to hear their side of story

A rise in new coronavirus cases outside China fuelled fears of a pandemic that could slow the global economy

Sees huge potential for improving trade and investment ties

Calls for consolidating all LNG terminal, supply contracts under one state entity

Moody’s terms FATF review credit negative as it raises questions on additional curbs

Health Services Karachi Division takes notice of the shortage of protection masks

Move comes after both sides resolve all issues to keep $6b package on track

Official says Beijing will supply pesticides, equipment and establish monitoring plant

Ratings agency says risk stems from country's inclusion on an international "grey list"

Central bank cites no reason for increase in reserves

Benchmark index decreases 251.01 points to close at 38,087.32

Ambassador Naserdin says both countries should form joint ventures in tourism, textile

PM aide says govt focusing on job creation, export augmentation

OICCI report gives recommendations for streamlining oil, gas and power sectors

Revised PC-1 features a downward revision in the overall cost from $9.248 billion to $9.172 billion

Hadeed Pakistan starts production, has capacity of 300,000 tons per annum

Financing facility will be utilised for construction of a 220/132-kilovolt sub-station and allied transmission lines

New prices will be applicable from March 1

PTI govt working on options to reduce prices of gas, petroleum products

Move comes due to spike in interest rates, refinancing risks of external debt

Also aims to cancel all non-essential travel for employees in Japan

A domestic cylinder of LPG is being sold for Rs500 and a commercial one for Rs2,000

World shares slump for fifth day, bets grow on rate cuts to counter damage

Oil-producing countries in Middle East report new coronavirus cases

Benchmark index decreases 1.34% to close at 38,338.33

Wilbur Ross will hold a meeting with PM Imran Khan during his visit