Business

Benchmark index gains 278.6 points to finish trading at 43,507.50

Haseeb has more than two decades of experience in hospitality and management

The current chairman has immensely contributed towards tourism in Pakistan and enhanced the country's image

SBP has maintained that the slide in the rupee’s value is due to supply and demand dynamics of foreign exchange

OPEC, allies may agree to hike crude output in upcoming meeting

Telecom-maker says it will replace its board and executive team within 30 days

Demand withdrawal; say industrial and agriculture sectors will suffer

In 11 months, however, sales grow 21% year-on-year to 240,114 units

Ambassador encouraged to play role in building country’s relations

Analysts say timing of letting currency lose value is questionable

Finance minister hints at more currency weakness, rise in petroleum prices

Plant, being set up in Faisalabad, likely to start production in 2020

Benchmark 100-share index loses 1.6% to finish trading at 43,228.90

Pakistanis sent remittances worth billions of dollars that played a crucial role in the economy

Trump has renewed his threat to impose tariffs on cars being imported into the United States

OPEC and other countries pledged to limit oil output and measures to boost crude prices

Its engine problem has spread that has forced airlines to lease alternative planes

Currently, it is providing 335 megawatts of electricity

FPCCI wants roadmap ahead of elections

Pakistan likely to miss overall fiscal year target of $20.7b

Currency traded at Rs119.84 at close in the inter-bank market, down 3.65%

Increases 13.7% in Jul-Apr as govt does not utilise its deposits kept with banks

Petrol now costs Rs91.96 a litre, diesel Rs105.31

Benchmark index loses 16.95 points to finish trading at 43,931.16

Country's import bill peaked to $5.8 billion in May; pressure on foreign currency reserves to continue

SBP says market forces determining inter-bank rate

Long-term policies must be introduced to promote exports rather than relying on short-term gains

FBR Member Inland Revenue Policy Dr Mohammad Iqbal, Senior Partner of A F Ferguson Shabbar Zaidi speak on the issue

Tuesday's Singapore meeting is the climax of the astonishing flurry of diplomacy on and around the Korean peninsula

Experts say country’s share in overall trade is very small, it is not so much integrated with global value chain

The outburst is only the latest incident in which Trump has clashed with America's closest allies

Germany’s environment ministry suggests CO2 emissions from cars and light commercial vehicles should be halved

Brazil is the world’s largest chicken exporter

The business leader remarked that energy imports reached almost 60% of total exports

Oil and gas sector under pressure to play a bigger role in reducing greenhouse gas emissions

ICCI asks FBR to drop inquiries, accept tax returns of the traders

Fashion luxury firm to cut reliance on independent leather suppliers

Precious metal at Rs57,600 per tola, lower than current year’s peak of Rs60,250

In developed countries, mediation, arbitration and conciliation are preferred to avoid litigation, LCCI Chief said

Power, textile and CNG sectors will have to pay billions for LNG consumption

Gets encouragement from new auto policy, CPEC programme

Islamabad has largely exhausted $1.5b additional financing facility under currency swap arrangement with Bejing

Compared to the corresponding week of previous year, the SPI for the combined income group rose 1.51%

The changes will come into effect immediately

SBP has maintained that the slide in the rupee’s value is due to supply and demand dynamics of foreign exchange

Activity picks up with investors remaining optimistic about interim set-up

Industry believes it can help save the country billions in imports

Initiative for release of gunny bags, delay in purchase causes behind the failure

It took the decision just a day before the end of its tenure

Also stops the process for appointing CEOs of three joint investment firms