Business

Construction of Hyderabad-Sukkur section will start in the first quarter of 2017

Benchmark KSE 100-share Index falls 51.69

Punjab will contribute 7.3m bales to the total, Sindh's share would be 3.7m

Banks will continue to benefit from stable deposit base

Despite assurances, both provinces have failed to make deposit in SBP account

Tax machinery faces task of collecting Rs960b in three months to meet target

Vitol is the largest independent energy trader in the world

The increase in SBP’s reserves is due to proceeds of $102 million received from IMF

The sources informed that LPG stations could only be set-up on roads or highways

Trade potential can be increased, wants strong business partnerships

Eid holidays, new property valuations weakened domestic demand

Emphasis should be placed on boosting exports

Two of the four shortlisted candidates are OGDCL’s contractors

Benchmark KSE 100-share Index falls 1.29 points

Low-cost housing will be company’s main “focus”, but other segments will be catered to as well

Spokesperson says exact number for each yet to be determined

Upcoming FTAs will be a win-win situation

Initially approved at Rs16.1b, it will now cost Rs24.6b

Finance minister to announce details of the deal today

Fresh amendments could be proposed in the final draft of the ‘Income Tax (Amendment) Ordinance 2016

It came under pressure following heavy debt repayments to the International Monetary Fund

“Due to the efforts of laborer, our industries are not only functioning,” says Anisa Zeb Tahirkheli

These violations, among others, comprise failure to comply with legal provisions

Benchmark KSE 100-share Index rises 129.49 points

The increase in earnings came on the back of 8% year-on-year (YoY) increase in revenue

Delegation says Pakistani furniture has great demand in international markets

Also stresses on capacity building of farmers, improving cereal crop production

Censures malicious campaign against project aimed at political point scoring

Despite assurances given to IMF govt fails to take meaningful steps to resolve problem

Says membership of SCO will provide Pakistan access to larger export market

Amount was given as incentive for early completion, deadline will now be missed

Both sides also agree to negotiate on the 600MW Jamshoro gas-powered plant upgrade

Sell-off of 40% stake would channel in private foreign funding besides improving PSX operations, says analyst

The firm makes biopharmaceutical drugs for major firms including Bristol-Myers Squibb and Roche

Relaunch comes after a high-profile bankruptcy by Fisker Automotive

Sector bigwigs share doubts and uncertainties at conference

Interests of local business community will be looked after

First Iranian bank branch will open in Karachi soon

PCJCCI President Wang says talks under way for possible repositioning

Benchmark KSE 100-share Index rises 137.66 points

Pakistan has enjoyed duty-free access to UK since January 2014

ABAD official says this move means housing bank will now cater only to Katchi Abadi residents

Administrators had termed newly-notified rates as being too high

Delay in completion of CPEC projects will be an impediment

Traders took the report as a sign the world's top economy is getting back on track

New coins will reach people in two weeks

Says country in need of critical energy, water supplies

Core inflation goes up 4.8%, the highest level in one and a half year

Aspiring investors will submit sealed bids by October 21

Gas theft, leakages drop from 11.13% in July 2015 to 9.14% in June 2016