Business

Pakistan posted higher-than-expected deficit of $12.1b in FY17

ABAD chairman says investments in high-rise buildings and apartments have increased phenomenally

Believes country needs early policy action to tackle external, fiscal imbalances

Benchmark index crosses 43,000-point barrier, gains 411.85 points

Various lenders have agreed to infuse Toys "R" Us more than $3 billion

Just 1.1% of the amount for two coal-fired power plants released in four years

Delegation will visit all rice producing areas, give recommendations

Team members held extensive meeting with company’s Chief Executive, Managing Director

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

Govt pursuing integrated energy planning to achieve self-sufficiency

It makes Rs991m profit, declares Rs0.60 per share dividend

PRGMEA chairman says companies interested in relocating units to Pakistan

FCCI asks govt to continue to offer textile package beyond July 2017

Amounts to $235m in August, power sector attracts highest inflow

Management wants Canadian Richard Morin, some brokers feel appointment would be too expensive

Will provide specialised services to meet financing needs of CPEC projects

It comes after Islamabad pledges to improve human and labour rights, protect environment

Benchmark index edges up 54.22 points to settle at 42,841.41

MCCI official says govt should devise strategy to address issue

Since this industry is in its infancy, taxation should not be a subject of concern

Policy revisions in official mechanisms are ordered by top bosses merely to justify shortcomings

Dwindling resources and increased demand will threaten food security of developing countries

Current collective world food production can twice feed world’s total population

Time to turn to outward-looking policies, emulate successful emerging economies

Event aims to enlighten foreign investors about incentives provided by Pakistan

Chamber president emphasises removal of trade imbalance to create ‘win-win’ situation

Investors typically sell shares of utilities and telecoms when interest rates rise

'We need to get the analysis and then apply a balanced fertiliser on the crop'

Benchmark index rises 1,386 points to settle at 42,787.19

Will consider converting it into formal investigation, role of central bank and external auditor in the limelight

Commerce minister says additional sectors could be included, expresses satisfaction at progress

Abu Dhabi, the UAE capital, is building four nuclear power plants each with a 1,400 megawatt capacity

Usage of hook connections is a criminal offence since it is a safety hazard and cause of frequent PMT tripping

The initiative for using the new technology falls into “The Kingdom’s Vision 2030”

This marks the airlines' 50th destination in the world

Punjab Law College operates as a separate faculty under the shadows of University of Central Punjab

The event will start from September 19, with about 12,000 chambers

The SPI for the lowest income group decreased 0.22%

The currency market has fluctuated regularly in recent months

Increased earnings attributed to enhanced crude oil production and surging global oil prices

Exploration company earns Rs34.69 billion in FY17

Minister apprises Senate during question hour of project status

SBP trying to improve farm productivity, particularly through credit support

Centre offers incentives to investors willing to inject money into nine economic zones

Categorises country’s cellular market as highly competitive

Islamabad wants country to waive duty on 70 main exportable items

Despite the complaints, company’s latest model has shown impressive sales figures

Benchmark KSE-100 Index gains 103.62 points at 42,787.19

Corridor will link different tourist sites and districts through a two-way road

Considers FBR as ‘more open’ to business community than other govt departments