Business

Accounts for nearly a tenth of development budget

Move comes in the backdrop of delay in processing of new automakers’ investment cases

Due to unannounced power outages complete shift of industrial production has suffered taking production losses to 40%

Six power generation projects based on indigenous coal with cumulative capacity of 4,290 megawatts

First 660MW unit of Port Qasim plant will start generation in November

Signs agreement with Yousaf Dewan Companies, will later consider setting up a manufacturing plant in the country

France official says Pakistan a huge potential market for business

Petroleum minister says no reason to speculate on 15-year agreement with Qatargas

Deal aims to enhance operational capacity of state-owned entity in the north

Full-scale sale of industrial plots to begin after that

Is offering 20% stake to high net-worth individuals and institutional investors

Debt in the energy chain has swelled to around Rs402b

The currency market has fluctuated regularly in recent months

Benchmark index increases 18.18 points to close at 50,162

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

Says super tax was originally imposed for one year but it has been extended for the third consecutive year

Says cost exceeds Rs10b, plants important for continuation of GSP Plus scheme

Will also install a waste heat recovery power plant to ensure energy supply

FBR officials say plan is to bring Larkana, Khairpur and Shaheed Benazirabad under ambit of new regime

Say businesses require incentives to cope with scores of challenges

Floor price set at Rs28 per share, is second such endeavour in South Asia

Infrastructure and electricity projects largest sources of employment

Aspiring players complain EDB has delayed processing of their cases

Benchmark index increases 23.70 points and settles at 50,144

Shares in Rocket Internet slipped slightly in morning trading in Frankfurt

Says uneven debt repayments posed fiscal strains

Says govt needs to take steps to create 2.5m jobs annually

Will look to generate Rs186b in FY18, share of agriculture to stand at Rs1b

Sindh Engro Coal Mining Co to start power production from June 2019

Development comes as govt refuses to restore zero-rating tax facility for dairy industry

Sindh govt says it will pursue renewable energy projects in FY18

Govt will help set up atmospheric control stores, hot water treatment plants

Benchmark index increases 3.22%, settles over 50,100

Government resorts to creative accounting in budget-making

CPEC raises hopes for high-skilled foreign-experienced professionals’ consumption

Recent UNESCAP report stresses  higher investment in the area with respect to GDP.

Non-tariff barriers in importing countries, however, pose a challenge to exports

Unclear strategic bits of initiative paint a vague picture of overall projects

Key to resolving many upcoming problems is capability and effectiveness of local governments.

Move set to reinforce monopoly of local car assemblers for another year

Pakistan’s reclassification as emerging market result in massive correction; KSE-100 drops 4,082 points

Abbottabad chamber signs MoU to develop small-scale industries in the area

Domestic sales, however, increase 11% in May 2017

Bourse describes recent stock market plunge as ‘not unusual’

Company also looks to increase efforts to develop electric vehicles by itself

Airline leaders set to meet in Mexico to discuss US, British security issues

The construction industry continues to grow on the back of increased infrastructure activitie

The duty on polyester filament yarn, which is the basic raw material for the fabric industry, is already high

Demand authorities to take steps for controlling the influx of sub-standard imported

JUI-F senator wants govt to increase import duty on batteries