Business

FBR member says taxpayers have decreased, evaders have increased.

Bank of Punjab may be the financial handler: analyst.

Air carrier needs money for debt restructuring and aircraft purchase.

Software piracy caused an estimated loss of US$217 million to software companies in Pakistan in 2010: BSA estimates.

Fiscal deficit likely to stay high at 5%.

The unending energy shortage showed its new face last week when petrol stocks plummeted.

Asia said to be at the heart of the new global economy.

Companies will be forced to adapt or give way to new players.

Restructure and reorganise state owned units before putting them on sale.

Tax collection needs to be revamped and tax payers should get incentives.

Last week we saw shortages of petrol at pumps across the country. Here is some background.

The benchmark index gained 1.2% as activity in blue-chips picks up.

Development plan includes massive upgrades to Sindh’s power and transportation infrastructure.

Budget uncertainty holds back transactions in market: Analyst.

Other sectors will also be offered concessions.

Study under progress to either scrap or revive oil and gas exploration project.

Experts agree that target is too low, shows lack of will.

Government must reduce its expenditure and bring down its borrowing from the financial sector.

Additional €48.5m will be granted for alternate energy.

SECP reorganises itself into five divisions and five departments to improve working and ensure effective regulation.

Attock gains the most share while circular debt haunts PSO.

Aims to reduce reliance on foreign loans.

Country director says this will help Pakistan resolve energy crisis.

SECP gives London based group 90 days to make a public offer for the acquisition of 80% stake in Agritech Limited.

Benchmark KSE-100 share index firms 47 points.

Expatriate workers send more than $1b for third consecutive month.

Gap between imports and exports grows 128% from April.

Development of power sector is a priority, says Sindh finance minister.

Punjab government will receive Rs.8.5 billion in foreign aid for Millennium Development Goals projects in Punjab.

Urged to relocate Chinese industries in Pakistan.

Pakistani business delegation visits Korea to invite investments.

Mobilink leads with 31% share in overall subscriptions.

Company to establish plant near its refinery site in Hub.

Pakistan to seek duty-free access for certain products to Indonesian markets.

The slaughterhouse is expected to become operational in 18 months.

Benchmark index down 37 points.

Duty drawback scheme withdrawn in budget.

Country can export surplus oil products produced by the refinery.

Will make $1b investment in the project.

Gold prices in Peshawar gained Rs150 in the last seven days/

Finance minister says hiding behind the constitution will not yield results.

Govt asked to impose tax on middlemen and elite.

Teaming up with USAID, helps farmers recover from the flood.

Move part of strategy to maximise ratio of hydropower.

Participation in privatisation, power also offered.

Benchmark share index rises 52 points.

Country to import the fruit from this year.

Analyst terms govt’s collection target ‘ambitious’.

Say gas company not taking action against unlawful usage.

SNGPL claimed that the suspension was part of a weekly gas load management programme to overcome energy shortages.