Business

KSE-100 index closes higher by 288 points to settle at 34,190

Turkish president wants lower rates to kick-start the economy

With increasing need, mobile network operators outsource towers

Lagarde’s nomination as ECB chief raises question of who will replace her at IMF

Businessmen ask govt to withdraw anti-business budget

Efforts afoot to ensure competitiveness of Pakistani products

FBR chief insists steps being taken to stop these kinds of trade misconduct

NEPRA report says they also failed to recover Rs78b in consumer bills

Benchmark index decreases 380.60 points or 1.10% to settle at 34,190.02

Will administer two $100m loans to finance project’s civil works, equipment costs

Using new technologies and strategies for geospatial data, Punjab can exploit alternative information sources

Official says improving image of country in international market has garnered investor interest

It will secure thousands of jobs in major boost to post-Brexit Britain

Move aimed at stemming supply to Afghanistan

Recent recovery in currency was seen on expectations of increase in supply

Claims increasing gas rates was never a demand of IMF

Decides to transfer 2,500 officials to break criminal nexus; achieve uphill tax collection target

Chinese quarantine experts and govt officials visit G-B, express satisfaction over quality of Pakistani cherry

ADB hopes the project will enhance access to quality public transport for people in Pakistan’s most populated city

Urges establishment of barter trade mechanism to ramp up ties

Prices rise as companies pass impact of new taxes on to customers

Cement industry contributed Rs110 billion to the national exchequer in the last fiscal year

Cumulatively, the rupee has depreciated almost 49% since December 2017

Behbood certificates, meant for pensioners and families of martyrs, will have profit rate of 14.76%

Says gratuity, PF and leave encashment are not liability of federal government

Decision violates law which binds authorities to approve only financially viable schemes

FBR has not issued any notice to people who have offshore accounts after Jan

Financial institution will assist in all stages of development schemes, from conceptualisation to its financial close

Finance adviser says 100,000 non-filers added to tax net with amnesty scheme

Decrease comes on account of external debt servicing and other official payments

Markets remain unmoved by detention of supertanker by British Royal Marines in Gibraltar

Benchmark index decreases 0.93% to settle at 34,570.62

Hafeez Shaikh says nearly 137,000 people registered at the closure of the amnesty this week

Pakistan is preparing for the sale of Eurobonds, Sukuk and Chinese Renminbi bonds

Plan to engage in Islamabad IT SEZ project as a public-private partnership

PM aide calls relief to farmers, working relationship with industry top priority

EU leaders choose France’s Lagarde as next ECB chief; euro zone bond yields hit record lows

Former UK govt official says planning for no-deal is like preparing for crisis

He informed that ITMA was one of the biggest exhibition of latest and modern textile machinery

Power companies will borrow from banks through Sukuk issue to reduce their liabilities

It is believed the restriction may not stop smuggling to Afghanistan

Lender to immediately disburse $1 billion out of total package

Benchmark index increases 589.44 points to settle at 34,896.55

OPEC+ decision to extend output cuts is not enough to counter investors' concerns

He was of the view that tax return filing was the responsibility of every citizen to ensure growth

The business community had been pushed deep into the quagmire of uncertainty

Urges Chinese team to cooperate in development of industry

PJMA secretary says industry relies heavily on imports from Bangladesh

Seeks further investigation and action against the accused

Reading came in at 7.3% for FY19 due to expensive power and gas, 32% rupee fall