Business

Flights on the route had been halted seven to eight years ago

Rise comes on back of surge in finance income and net sales

Challenges also include rupee depreciation, higher tax rates

Policy will set direction for sustainability, growth of textile sector

Recommends swift appointment of quarantine officers in Balochistan to tackle issue

It will cost Rs130m per year compared to earlier contract given at Rs70m

Requests Beijing to sign deal to execute road project hindered by lack of funding

Benchmark index increases 114.23 points to settle at 33,198.96

Bearish forecasts of build-up in US crude stockpiles cap gains

Says other matters such as potential tie-up with Fiat Chrysler are less of priority

Board proposes forming high level committee to reclaim its properties

Senate panel notes one cabinet member is facilitating steel scrap smuggling

WTO says US could face Chinese sanctions if it does not remove certain tariffs

Finance ministry seeks FBR’s views on tax and duty exemption

Minister for focusing on animal health, nutrition, improved farmhouses

Demand double marking fee on ghee and edible oil industry to be immediately withdrawn

Many businesses stop repaying debt due to economic slowdown

David Malpass, PM Imran expected to launch strategy for doing business reforms

Benchmark index decreases 785.42 points to settle at 33,084.73

Decline comes despite bullish signals from Europe

Six-member committee will have advisory role

Imran says Pakistan has been deprived of billions of dollars due to corruption

Mahathir also complains of being bullied by powerful nations

IMF MD Krsitalina Georgieva assures Pakistan of continued support for successful implementation of reforms

BoI gives consent to exempt export-oriented companies from turnover tax; awaits FBR’s reply

Argue they would be willing to pay taxes if due facilities were provided

There is no written deal that indicates negotiations can be quite long

PSM can be upgraded to production capacity of 3-5m tons per annum

Indulge in deceptive marketing practices to maximise their profits

Economics has taken over foreign, domestic policy, is used as weapon to wage war

Tackling corruption, mismanagement should be focus of all policy decisions

Plan includes establishment of 9,000 farms across the country

Also want representation in Pakistan Revenue Automation Limited

Finance adviser woos heads of big banks, companies to invest in Pakistan

Imran Khan asks provinces to launch mobile app on prices of eatables

Shah Mehmood Qureshi urges opposition to avoid any steps that may strengthen Indian narrative

NITB introducing self-information management system for monitoring implementation of cabinet’s decisions

Despite a ban, millers continue to increase flour prices

A transformation in terms of organisational change can assist in improving FBR’s performance

Invest in new technology to increase interaction with customers

Says Pakistan and Australia have significant prospects to uplift bilateral relations and investment

Investors wary due to FATF review, uncertainty on domestic front

Hafeez Shaikh meets heads of global financial institutions to discuss overall state of economy

Provinces oppose move, arguing services is provincial subject

Govt to take around $9b loan on its books to finance much-delayed scheme

Malaysian High Commissioner Ikram Muhammad Ibrahim hosted a reception to celebrate Malaysia’s 62nd National Day

Delays changes to shareholding structure to December 2023

Drop comes mainly on back of spike in finance cost

Earnings dented by lower-than-expected gross margins

Initiative will complement e-commerce, promote financial inclusion