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Khyber-pakhtunkhwa: Looking for ‘cool’ facilities
The step has been taken in response to a letter written by the FPCCI
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‘Right to life’ endangered, not preserved
Research report says govts’ ‘go-to-tool’ has far-reaching impacts
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Rental yields grow as Karachi stages comeback
Hike comes as security improves, Lahore and Islamabad fail to match growth
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November 1: Winter is coming, gas supply is going
Exporters lament suspension of fuel supply
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CCoP turns down proposal to sell off FESCO’s land
Approves of second option to transfer land assets under long-term lease agreement
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Weekly review: KSE-100 closes flat amid lifeless trading
Volumes remained subdued ahead of Muharram holidays
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IMF to weigh in as Pakistan mulls single-stage sales tax
Taxation and energy remain top concerns; reforms will be discussed
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Foreign exchange: SBP’s reserves down $84m
During the week, the SBP made payments of $113 million on account of external debt servicing
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Ghandhara Nissan’s earnings surge 159%
Earnings clock in at Rs119m from Rs46m in the same quarter of last year
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Jubilee Life earnings rise 19.3%
Expenses also surged 38.6% over the same period
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Bank Alfalah announces Rs6b profit
Earnings growth in the third quarter of 2015 was 58% largely on the back of a 23% increase in net interest income
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Allied Bank’s earnings up 2.6%
In the three-month period ending on September 30, the bank’s profit clocked up at Rs4.5 billion
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Corporate results: Attock Cement posts Rs470 million profit
Recorded effective tax rate of 34% during 1QFY16 compared to 24% in 1QFY15
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Businesses breathe sigh of relief as boots step in
Kidnapping for ransom, extortion cases have almost ended, say businessmen
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Market watch: Index remains flat as week ends
Benchmark KSE-100 index gains 1.58 points
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SCB looks to partake in consumer banking growth
Says it is going to scale up footprint in retail banking in next six months
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Plastic issues: Prospect of PET exports brighten
EU does not re-impose countervailing tax
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K-Electric, OPIC sign $250m loan agreement
Will help power utility increase transmission capacity by 33%, reduce load-shedding
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Textile exports take a beating in September
APTMA chief lists down measures to arrest decline
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Pakistan, ADB sign $178m agreement for M-4 section
Will link southern parts of Punjab with north; UK provides grant to complete
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National Foods’ earnings clock in at Rs312m
Profit 9% higher compared to Rs286m during July-September 2014
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The world will not wait for Pakistan: KATI chief
Delay in announcing trade policy will leave country nowhere, says Saeed
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Privatisation list: Ministry proposes HEC’s exclusion
The ministry and the HEC management have been trying to overcome losses and make it a profitable organisation
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Plastic industry: Smuggling causing huge losses
The urgent need for action was raised by LCCI President while talking to a delegation of the plastic industry
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Corporate results: PPL’s profit plunges 57% amid declining oil prices
Amounts to Rs5.88 billion in July-September 2015
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Extra stock: Production target unchanged at 26m tons
Availability of surplus wheat drives decision, Punjab to contribute 19.5m tons
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Market watch: Index ends positive amid lacklustre trading
Benchmark KSE-100 index rises 33.57 points
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Broadband subscriptions up to 21.2 million
3G/4G connections amount to 18m by the end of September
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Fresh proposal stipulates PSM land transfer to gas utility
Ministry of industries and Pakistan Steel Mills’ management agree to proposal, move meant to clear Rs37b payment
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Pakistan hotbed of opportunities
Logistics expert says CPEC offers growth for freight management companies
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We represent the entire textile industry: APTMA
Association defends itself after value-added sector accuses it of favouring spinners
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Key bill fails to clear hurdle in senate panel
Disagreement continues with parliamentarians over inclusion of fiscal crimes
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Western Digital to buy SanDisk in $19b deal
Deal is expected to close in the third calendar quarter of 2016
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USDA stresses on pest-free products
Pakistan needs to determine risk of pests and diseases
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Services tax: ‘PRA not imposing new taxes’
Sales tax on services was earlier collected by the FBR
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Regional Consultative Group Asia: Wathra says work needed on resolution framework
Such initiatives will help exchange fruitful ideas, says SBP governor
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Sindh to get 5,000MW from CPEC
Pakistan to have surplus energy by 2020, says secretary
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Financial closure: Sino-Sindh Resources likely to see delay
CEO says company working on ‘extraordinary’ paperwork.
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MCB Bank posts Rs20.1 billion profit
Records earnings of Rs6.6b in Jul-Sep alone, announces Rs4 dividend
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Trade policy likely in November
Ministry of Commerce upbeat after APTMA’s successful negotiation
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Govt mulls forming ‘Pakistan LNG Limited’
Setting up company would hasten import of LNG supplies
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Market watch: Range-bound trading continues as index ends in the red
Benchmark KSE-100 index falls 56.58 points.
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Sindh government not interested in buying PSM
We just want interests of workers protected in all institutions: Malkani
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HEC privatisation case could be referred to NAB
Wrongdoings have shattered parliament’s trust, says senator
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German Trade Exhibition: EDB set to take part in Hannover fair
Over 200,000 visitors and 5,000 exhibitors meet every year in Hannover trade fair
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Electricity Requirement: LCCI stresses on addressing power crisis
The LCCI president said most of the industrial units had already reduced their working hours
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Currency: Rupee stable against dollar
The rupee remained glued to the Rs98 level for months, recovering from the historic low of Rs110
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FPCCI pushes for trade with India
Little need to fear India’s hegemony, says official
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PTC’s profit intake rises to Rs6b
Earnings up 55% during Jan-Sep of current year
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Corporate results: Engro Foods’ profit jumps 933% during Jan-Sep
Earnings recorded at Rs2.6b compared to Rs252m last year