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Tarbela fifth extension project gets CDWP’s nod
It will cost Rs80b, take the dam’s production capacity to 6,300MW
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‘CPEC to bring prosperity’
UAF vice-chancellor stresses on need to draw from China’s expertise
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Government comes under fire over LNG purchase at ‘high prices’
PPP senator says mafia in Qatar creating hurdles in way of LNG contract
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PSM privatisation: Govt to keep Rs142 billion in liabilities, entire land
PC board approves transaction structure including 75% stake sale
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Foreign exchange reserves rise to $20bn: Dar
Finance minister says govt received different transactions worth $1.6bn since Wednesday, which pushed up reserves
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EFU Life launches new products
Objective is to create awareness, provide financial planning products
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Opposition criticises: Eurobond issue slammed
PPP Senator Saleem Mandviwalla criticised the economic policies of the incumbent government
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Pakistan to take part in Sri Lanka exhibition
Will have representation from many sectors; aimed at increasing bilateral trade volume
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Secretary vows action against power theft
Says government will strictly deal with people involved in illegal acts
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Market watch: Index posts minor recovery
Benchmark KSE-100 index gains 72.83 points
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APTMA hopes for favourable package, vows $1b annual investment
Would inject money and double textile exports in five years given govt support
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LNG pipeline, terminal: Govt to decide on Chinese firm’s bid in a month
Opens the offer for evaluation, clears way for work on IP pipeline project
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Country braces for 14% water shortage in Rabi season
Balochistan accuses Sindh of stealing its share of water
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PPL looks to shore up depleting reserves
Changes organisational structure by diluting more responsibility
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FBR bags Rs580b, but falls short by Rs70b
Despite tax hikes, provisional data reveals tax machinery fails to meet target
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Petrol, diesel prices to remain unchanged in October
Last month, govt increased gas prices by 3.8% and decreased petrol prices by 3.9%
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Are you ready for Big Data? 10 overwhelming facts everyone must read
On average, Facebook users send 31.25 million messages and view 2.77 million videos every minute
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CORPORATE CORNER: WWF and Fauji Fertilizer join hands
There are only five species of freshwater dolphins found in the larger river systems of the world today
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Venture round: Zameen.com raises $9m
The investment comes following a recent announcement that Zameen.com, founded in 2006
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Outgoing: Unilever Pakistan to see change in CEO
Under Malik’s leadership, the Pakistan business grew four times in size
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Foreign exchange: SBP’s reserves dip below $13.5b
In the week ending July 31, SBP’s liquid foreign exchange reserves increased 2.8% to $13,767 million
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Potential: Trade among SAARC nations could reach $100b
Easing trade restrictions could bring prosperity in region, says PBIF chief
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Engro Corp president throws weight behind agriculture relief package
Says government subsidy is the way to aid helpless farmers
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PAC puts off decision on ad in US magazine
State-owned firms ran advertisement valuing Rs17m under political pressure
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Chinese investment in Punjab’s amusement park
Company will also build hotel, commercial centre, says provincial trade official
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Market watch: Index finds direction - further south
Benchmark KSE-100 index falls 475.44 points
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Dastgir approves Rs7.5m for carpet exhibition
Says government determined to facilitate industry, resolve issues
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Businessmen demand smooth banking links with Iran
Iranian envoy suggests SBP must take initiative to boost trade
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Non-performing loans amount to Rs630b, up 5.8%
Share in total loans stands at 12.4%; major increase in NPLs came from agriculture
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Stock Market Plunge: SECP clarifies fluctuation
The joint task force comprising senior officers of the SECP and NAB is also expeditiously working on these cases
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Trade Ties: Pakistan, Belarus sign agreement
The two countries agreed to the establishment of special economic zones in both countries
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Currency: Rupee stable against dollar
Thanks to IMF and other assistance and growing remittances sent home by overseas Pakistanis
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Pakistan-based real estate portal raises $9 million in series B financing
Startup says a total of three investors participated in the round, but only publicly disclosed Vostok New Ventures
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Amreli Steels looks to raise Rs1.78b through IPO
Promising outlook of construction sector motivates move
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Diffusing tension: Volkswagen executive to meet EU official
The EU’s 28 trade or industry ministers will broach the scandal during talks in Luxembourg on Thursday
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OPEC has no plan for oil summit to boost prices
Kuwait rejects Venezuela’s proposal about holding the conference
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Nandipur power project: Handpicked audit firm keeps itself away from controversy
Turns down request for commercial and technical viability audit
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Market watch: Foreigners buy, but index goes south
Benchmark KSE-100 index falls 132.82 points
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Leather industry in tatters following global slowdown
Government’s inability to refund claims has led to liquidity crunch
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Apple sells record 13m iPhones in weekend launch
iPhone 6S, 6S Plus have new technologies under the hood
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The Dawoods’ growing bet on Pakistan
Group upbeat on future economic prospects; delving deep in various businesses
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Law ministry casts doubt over plan to engage GHPL
The first terminal has already started functioning at the end of March this year at Port Qasim
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Banking spread at ‘record low’
Clocks up at just 2.81%, growth in advances remains slow
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China industrial profits fall at sharpest rate in four years
The industrial profit figures exclude firms in China's service sector, which analysts say will increase in importance
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Country needs to diagnose tax policy ills
System complexity encourages corruption, requires more time to pay tax
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Fiscal Responsibility and Debt Limitation Act: Ten years on; where does Pakistan stand
Government increasingly relying on banking system to raise funds
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The hidden deficit in Pakistan’s policies
Balancing short-term accounts by rolling over debts is not sustainable
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Engine downsizing: the road forward
Audi official says country showing increased interest in luxury brand
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Clicking your way to make someone else rich
Companies make use of surfing behaviour to selectively advertise on their page
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SCO membership – a potential trump card for Pakistan
Country may find itself in a strong position in dealings with partners, donors