Business

Last month, foreign exchange reserves held by the SBP increased 3.5%

Mahmood directs authorities to closely monitor progress on programme

Duties and taxes on imports increased 182% compared to previous year

Needs to address water management and shortage issues, say experts

Benchmark KSE-100 index falls 247.42 points

Provinces owe Rs104 billion, of which Sindh has to pay Rs74 billion

Jump to 148,216 units during July-February, up 45% year-on-year

Ambassador invites businessmen to Trade Expo, assures cooperation

Will constitute a body consisting of representatives of relevant ministries

Increase 6% year-on-year, Saudi Arabia remains largest source

281 from a fleet of 443 have completed their span of 20 years

Minister says China will assist in construction

Company chairman says decision to invest in Pakistan was the ‘right one’ 10 years ago

Benchmark KSE-100 index falls 74.87 points

Says govt has taken number of reforms that have helped improve growth

Rouhani, due on March 25, will also push Pakistan to implement IP gas pipeline project

Pakistan, Malaysia hope to use latest development to increase trade volume

Says output will immediately improve in province

Beijing wants to extend scope of tax concessions

Commerce minister says preferential trade agreement should be reached

PTA chairman believes country’s population could benefit from digital payments

Earnings up 5% year-on-year, fail to meet market expectations

This may land govt in trouble, prompt NAB to expand its investigation

Credit expansion in province has remained abysmally low

Benchmark KSE-100 index rises 10.25 points.

NARC and DPP held responsible for granting certificate to infected, undersized plants.

Step will ease some of company’s burden as it is losing billions

Revised estimate 245% higher than original, Rs4b of the total remains unexplained

Highlights issues related to non-tariff barriers and transit trade

Reports unconsolidated earnings of Rs217.2 million in 2015

PC also recommends responsibility to maintain adequate supply of fuel should remain with petroleum ministry

Benchmark KSE-100 index rises 580.86 points

Points to potential for export of quality products, joint ventures

Punjab will work with Turkish body to promote small units

Think tank highlights need to enable greater female participation

Says Kisan loan schemes will be initiated in province

ECC puts off decision, issues directives for more consultation at ministerial level

High-end handsets are of little value once locked by company or CPLC

The Express Tribune looks at market share of each phone maker

Target of 7% looks out of reach, though neighbours continue to hit such levels

Rs11.8t passed through SBP Clearing House in July-December compared to Rs13.5t in January-June 2015

Berlin to help promote efficient consumption of energy

Aims to meet growing demand, streamline its food business

Contemplate expanding capacity, target more export markets

Stable oil prices, news of Engro Foods’ divestment and impressive cement sales drove growth

Will borrow money until end of FY19, use it for retiring earlier loans

Will be held in Karachi next week, commerce ministry hopes of trade revival

Considers downgrading other crude exporters due to low prices

Will impart specialised knowledge to workforce

Company’s expansion plan worth $100m would generate 6,800 jobs