Business

Benchmark KSE 100-share Index rises 444.50 points

Tariff goes up Rs0.05 per unit for power consumed in May

Govt releases Rs110.4b in first quarter, which is mere 13.8% of annual allocation

Shanghai Stock Exchange did not respond to a request for comment

Collective society has the ability to respond to varying challenges

There is need for a central supra body to take diverse ministries on board, speed up implementation for progress

Businesses face regulatory and administrative barriers to entry

Increased influx of job seeking rural migrants is causing informal sector to grow

Government fails to realise consequences of accumulating liability

Claiming to secure better revenues, the government has failed in promoting exports, agriculture, industry

The objective of TPC is to provide centralised service and back office support to branches

PRAL had developed a ‘Weboc’ (Web base done customs) for the convenience of exporters

Nadeem Hussain said that socially sustainable enterprises in Pakistan still need strengthening of the eco-system

Finishes at 40,542 points with turnover registering notable increase.

Fine on selling toxic debt will be $5.4b against earlier $14b

Move would raise economic profile of China, prove its improved stewardship

Deal comes on top of $14.7b in compensation, fines company has agreed to pay

Believe air links will spur exports to countries of the region

New tax measures may reduce trading, but dip in prices now coming to a stop

Secretary Dagha claims country will have 1,224MW in surplus at the time of next general elections

Mission chief emphasises that difficult reforms need to be completed

Export goods go to only 50 out of 196 countries

Will pay Rs151.85 per share and buy 49.8m shares from general public

Decision comes in the backdrop of opposition party’s rally near PM residence

Ahsan Iqbal says Pakistan will welcome friendly nations

Benchmark KSE 100-Index rises 246.29 points

K-Electric, agricultural consumers will not get the Rs26b relief

Rs70 billion shortfall occurs due to advances taken in last fiscal year

Other two provinces exempted from reduction in supplies

In total, six projects costing Rs281b were approved

Petitioner says a short-listed candidate is facing investigation

Believes country’s government will stand behind its obligations

Regulator has not increased price in 2016

Early childhood IT training has been given special focus

Enormous potential for investment in the province

Increase is linked with inflation to qualify for 60m-pound UK grant

It is a concessionary loan that will be extended at less than 2%

Oil minister, however, says one cargo ship has arrived, another is on its way

Benchmark KSE 100-share Index decreases 59.50 points

SECMC chief says electricity supply to national grid will begin by 2019

Khurram Dastaghir says necessary work for FTAs with Turkey, Thailand completed

Standing committee believes govt was set to privatise SLIC

Research report says sector needs to engage in product modernism to sustain market share

Amount is due from Etisalat for PTCL privatisation

Benchmark KSE 100-share Index rises 60.64 points

Experiences negative growth for fourth consecutive month despite govt’s efforts

Have got Rs10b export subsidy during the rule of current government

Federal government to approve instrument of ratification on Friday

Announcement comes as a 3-year, $6.6-billion-dollar bailout package from IMF comes to an end

Handsets with the BlackBerry name will be produced under license by PT Tiphone Mobile Indonesia Tbk