Business

China’s Shanghai Electric Group to set up the plant in Thar

Amount 46.8% less than comparative period of previous year

Say conventional methods provide less profitability.

Says distribution of company reserves as dividends will hit growth

After 15 days, the CNG stations would be closed for three to four days and then reopened again

Benchmark 100-share index gains 59 points.

Structured trade framework will be announced to address exporter woes.

Argues gas development surcharge collection will instead increase

Focus now to be on the troublesome taxation and energy sectors

Punjab, Sindh govts collectively allocate subsidies for 54,089 tractors

Files petition with NTC for increase in customs duty from 4% to 5%.

Company enters into sale-purchase agreement with Pakarab Fertilizers

Foreign banks, brokerage houses, fund managers and insurance companies based outside the Gulf can now invest directly

Clearing house failed to achieve goal, caused national kitty billions

The two most relevant questions that occur: where will this amount be spent and where will this money come from

Pakistan’s inability to take geographical advantage

Sector not happy with budget announcement, wants more

Petroleum minister says oil lobby doesn’t want to see LNG imports replace furnace oil in production of electricity

Study reveals country lagging in fundamental factors

Tales of disagreement within company not true, according to Subhani

Support comes in wake of court case, risk and quality factors.

Obama suffered an embarrassing setback on Friday on the trade deal, one of his top economic priorities

Considers it a national project, aims to kick-start economy.

Asks beverage industry to wait for decision until the end of budget debate.

Thar infrastructure schemes get most of the funds.

Indirect taxes, as a result, form 91.9% of total projected receipts.

Sindh budget proposes to cut GST on telecom services to 18%.

MSCI review, Moody’s rerating and IPOs pushed index near all-time high.

Businessmen of Pakistan and China should get ready to take full advantage of CPEC.

Network to make available liquidity, help exchange knowledge

Fourteen member delegation highlights Pakistan’s investment potential

Chamber criticises increased indirect taxes.

Foods giant allegedly raised prices unjustifiably, says anti-trust watchdog.

Water and power secretary seeks Rs84b subsidy from Finance Division.

Import duty on milk powder, whey powder to be decreased.

Sales tax on internet services withdrawn at last moment.

Senate standing committee says income threshold should be lowered for high earners

Benchmark 100-share index gains 56.59 points.

Mr Dar listed Imran Khan’s dharna in August-December among the adverse influences on his performance

The highest number of companies, 155, was registered at the Company Registration Office (CRO), Lahore

Direct flights of Qatar Airways from Faisalabad to international destinations to start from July 17

The rupee remained stable at 101.6/101.8 against the dollar in the inter-bank market on Thursday

Any company pullout will create a gap of $18m in market.

Proposal floated to tax undistributed reserves over 100% of paid-up capital.

SBP’s liquid foreign exchange reserves rose $400 million to $12,313 million against 11,913 million last week

Committee members from Khyber-Pakhtunkhwa and Balochistan speak against earmarking meagre funds.

Argues it had failed to pay tax refunds of Rs400m after PAFL acquisition in 2006.

Auto financing also picking up gradually with current estimates at 30%.

First set of unaudited data released after biometric re-verification drive.

Says it will hamper telecom sector growth.