Business

Recent developments in US, EU give impression of increasing argument against globalisation

Corruption rife because institutions do not budge without bribes, commission money

Pakistan needs to engage with local Chinese authorities to facilitate economic collaboration, investment

Iran wants to be part of CPEC, floats proposals for free trade with Pakistan

Challenges like low tax receipts, unhealthy business climate and weak governance still remain

From 2000-2015 stock of public debt has grown about sevenfold

Pakistan is the second country after Australia where the company has decided to launch its app

Deal will provide BP with long-term access to significant, competitive resources

For Europe, deal would represent a symbolic breakthrough

FPCCI president says both countries can cooperate in multiple fields

Payment systems showed significant growth in key indicators during fiscal year 2016

States unnecessary taxes biggest challenge to industrial development

Crosses 46,500 barrier, ends week 2.6% higher

Say no radical adjustments will be made amid proposals to include security as new benchmark for distribution

Trade potential between the two countries remains untapped

Chamber chief calls for documentation of economy

Meeting held to inform stakeholders of opportunities in IT industry

Envoy says despite Pakistan’s tilt towards China, Nordic companies keen to invest

ECC reversed its decision on reducing gas prices for industrial sector

Benchmark-100 share index rises 0.49% to move past 46,500

Consortium wants more than just 40%, seeks some assurances as well

Earlier, govt had permitted construction of only one power unit

Growing economy to take benchmark index to 55,500 points next year, says Arif Habib Limited CEO

Replenishment will enable IDA to scale up development interventions to tackle global issues

Pak says it would rather complement CPEC’s efforts of increasing regional connectivity

He seeks similar tax benefits to those offered by govt to new players

Amount totals to $460m; China remains main contributor with $157m

Winner of bids will be announced in a couple of days

Benchmark 100-share Index rises 0.37% to reach 46,358.35 points

Programme offers workers 80% practical experience 

Suspects tax evasion; inspectors will monitor production and inventory levels

Millers say they can’t operate with Rs70b energy price differential

Province protested against distributing its non-tax revenue to industrial sector

Premier claims there has been no case of corruption during his rule

Says benefit from CPEC needs to be derived fully

Dar asks SECP to hold consultation on draft modaraba ordinance

Bank Alkhair is an Islamic bank with a presence in Bahrain, Saudi Arabia, Dubai, Malaysia and Turkey

Officials say shares should be floated in domestic, international markets

Bids will be received today (Thursday) for purchase of 40% stake in PSX

Matter pertains to company’s stock exchange notice of joint venture with Kia Motors

Senator says national carrier sold A-310 to German museum without proper bidding

Benchmark KSE 100-share Index rises 0.71%

Oppose inclusion of auto sector in FTA talks with Thailand

The service will be launched in Lahore on December 17

It is expected to bring socio-economic development in North Waziristan

Will supply compressors against a loan, more funds will be raised in road shows

There is only one way to solve the conflict of interest, which is to sell off the family business

Bank Alkhair is an Islamic bank with a presence in Bahrain, Saudi Arabia, Dubai, Malaysia and Turkey

Gas utility reports profit of Rs124m in FY16 against loss of Rs2.4b in FY15

Has decided to participate in the bidding for sale of assets at northern plant