Business

Power secretary promises 3-year imprisonment for guilty officials

PTEA demands regionally competitive prices to secure edge in international markets

Regulator sets old rate that stands at Rs12.09 per unit, new price is Rs8.86

Financing will come from FY18 public sector development programme

Move comes after a tax officer concealed Rs92b worth of sales of the company

Earlier, gas processing had been suspended for a few days

Millers’ association in Punjab demands similar incentive amid threats to suspend crushing

However, central bank was quick to add that on December 5 it received $2.5b from bond issuances

Benchmark index drops 2.81% to settle at 38,784.66

Warning comes a day after regulators in Beijing drafted new rules to strengthen bank funding

Business leaders call for setting up independent tax commission

Technical training of the service delivery organisations would also be undertaken through this project

The committee also asked the PCCC to multiply only early generation seed of popular varieties

Fund’s concerns stem from Pakistan’s weak repayment capacity

The International Monetary Fund has repeatedly said that Pakistan’s rupee is overvalued by 5-20%

In 2016-17, Rs10.27 billion were generated against its target of Rs10 billion

Zia Chishti shares his story of entrepreneurial success with The Express Tribune

Meets business community, discusses various proposals

Demand rises only 5% to 3.94 million tons in Nov 2017

Country head for Pakistan and Bangladesh says it is keen to invest in solar energy

Aims to encourage payments through accounts instead of traditional cash over counter

Will set up council offices, provide grants for public infrastructure

Officials of distribution firms suspended for violation of load-shedding schedule

Benchmark index loses 38.09 points to settle at 39,907.32

International Monetary Fund has repeatedly said that Pakistan’s rupee is overvalued by 5-20%

'Pakistan’s national saving rate is just over 11% of its GDP'

Ahsan Iqbal stresses consistency in economic policies for sustainable growth

CEO says company faces hurdles while recovering bills in AJK

Insist utility may not be able to raise funds, make investment due to lower tariff

'Debit cards with magnetic strip on its back are particularly vulnerable to skimming, cloning'

Report says complementary demand for high-end cellphones will also increase

Eight plants had earlier been shut down on prime minister’s orders

Govt owes $6.1b which has to be repaid over six years, starting from 2018

EU has struggled for over a year to finalise blacklist, with smaller, low-tax 28-member nations

Finance Division says plans will lead to putting extra burden on exchequer

The AGS version is priced at Rs1.528 million

Benchmark KSE-100 Index loses 104.40 points to settle at 39,945.41

Core inflation touches three-month high at 5.5%

PTA report says that ministry of commerce formulated an ‘e-commerce policy board’ to monitor progress

Sales of SUVs and CUVs (cross-over utility vehicles) have increased by 233 per cent in the last 10 years

International Monetary Fund has repeatedly said that Pakistan’s rupee is overvalued by 5-20%

RLNG-based 1,330 MW Haveli Bahadur Shah Power plant would be completed at cost of Rs86 billion

Urges higher penalties on entities breaking environmental laws

Local growers fear bleak prospects for domestic cotton after lifting of ban

Receives SBP’s clearance, replaces Dar who is retiring on December 31

Demands all stakeholders should be allowed to give their input

Country director says rapid growth in Asia, Europe provides opportunity

Official says hit expected due to high production cost, competition, trade barriers

They will replace existing four A320s, remain with PIA for six to eight years

Member says all legitimate issues of exporters will be resolved