Business

PBIT official says engaged in talks with London, US officials to boost opportunities for local ventures

Privatisation ministry strongly refutes rumours regarding transaction details

Benchmark index decreases 65.20 points to settle at 42,561.27

Premier emphasises efforts to attract investment in the country’s agriculture sector

Discuss implementation of project by avoiding US sanctions

Sugar rates reach Rs85 per kilo in Punjab, Rs78 in Karachi

PTI govt changed 4 food secretaries in ten months; also abandoned WB -funded wheat market reforms

Blames economic troubles on past wrongdoings, FATF issue

GIDC applicable to fertiliser producers was cut by Rs400 per bag

Look for duty and tax relief, furnace oil consumption in power plants over next five years

Board declares interim cash dividend of Rs20 per share for half year

Date for submission of bids has been extended to April 20 due to high demand

National Refinery, Attock Refinery report losses for Jul-Dec 2019

Non-project loans increase to 84% of total receipts

Benchmark index decreases 121.15 points to settle at 42,626.47

City govt disagrees with Moody's assessment, expresses deep disappointment over the decision

Charity accuses some institutions of failing to live up to goal of improving the state of world

Price decreases on expectations a well-supplied market will absorb disruptions

ECC discusses summary to increase gas prices, defers matter till next meeting

Vietnam envoy calls for regular interaction between chambers of commerce of two sides

Ministry of Industries additional secretary refutes corruption charges

Voice concern over delay in up to 25% of their refunds

PM aide says draft approved by cabinet will be revised to address concerns of stakeholders

Top priorities include Karachi Circular Railway, Dhabeji SEZ and Keti Bunder development

It remains unclear what is the export destination

Also discusses regularisation of engineers working in Balochistan’s gas fields

Gives directives for amending Seed Act, reconstituting cotton committee

Directs FBR chairman to hold meeting with businessmen to resolve issues

FPCCI chief says country does not have surplus products to export

Imran directs provincial govts to abolish 74 different licences within three days

Benchmark index decreases 0.97% to settle at 42,747.62

We are making all efforts to introduce tax culture and create business-friendly environment, says premier

Growth of internet giants has pushed international tax rules to the limit

Companies apply for temporary permission to operate in Britain after Jan 31 when UK leaves the bloc

Two large production bases in Libya began shutting down amid military blockade

First shipment is expected to arrive by February 15 whereas wheat imports would be allowed in country till March 31

Economic Coordination Committee to decide on exemption on sales tax of 5%

Afghan Transit Trade project to be completed by December 2020

Decision made to curb money laundering and terror financing in line with FATF action plan

Businessmen with an annual turnover of Rs100m will have to pay 0.5% instead of 1.5% tax

Ministries, divisions directed to send revised budget estimates for current fiscal year to MoF by Feb 6

Pakistan has one of the lowest export values as a percentage of GDP

Modern organic practices can be adopted in farming while utilising available land

Money loses value over time due to inflation, printing of currency by central banks

Govt may consider giving targeted subsidy with focus on inputs

Former central bank governor calls for legally defined mechanism for using foreign exchange reserves

Each numberdar will be awarded 12.5 acres of state land on lease for cultivation

Sacked officials had enrolled their wives in the BISP scheme meant for the poor

PM Imran orders countrywide ‘grand operation’ in an attempt to tackle wheat crisis

Complaints received that FBR officials coercing shopkeepers, owners to install POS system