Business

Managing Director Jamaldini says port to be made fully operational this year.

Government received $1.6 billion of offers for its 41.5% in HBL

A high-level delegation of the Malaysian company met BoI Chairman to discuss and explore the investment opportunities

Prepares summary for purchase of 1.2m tons from farmers.

It is aimed at improving socio-economic conditions in the region.

Margins and other costs will take LNG price to around $13 per unit.

Benchmark 100-share index gains 337.02 points.

This will bring down overall cellular subscriber base to around 116 million.

Regular and scheduled import of LNG should have started by now.

Project cost estimated at Rs21.4b; Rs49b road rehabilitation scheme also cleared

Amount 15% higher than comparative period previous year.

Issue fully subscribed on fourth day of book-building process.

PRGMEA demanded a level playing field be provided in Punjab with regard to energy supply at par with other provinces

SECP witnesses an increase of 24% as compared to the same period last year.

This will lead to start of direct international flights.

SBP’s liquid foreign exchange reserves increased by $494 million

Benchmark 100-share index gains 126.61 points.

Exports will be badly hit in case of negligence, warns PFVA head.

Will amend income tax law; amount to be reduced to KIBOR plus 0.5%.

Asks shipping ministry to resolve the matter with PNSC.

Also allows Arif Habib Group to invest $300m in US, gives tax break to Elengy Terminal.

Pakistan’s first Real Estate Investment Trust transaction to take place next month

Although only between three and 15 per cent of the total 100 billion barrels of oil is likely to be extractable

The MCB PMI reading for March 2015 foretells healthy performance in the manufacturing sector

The conference will serve as a gathering of practitioners, scholars and experts in Islamic finance

Pakistan can certainly benefit from the South African expertise, says South Africa High Commissioner

SECP wants compensation limit to be increased from Rs20k to Rs200k.

UAF develops system to help facilitate community.

Benchmark 100-share index gains 286.57 points.

Solar power key to overcoming shortages, says IEEEP president.

Govt’s backing off can make floating terminal financially unviable.

Law will also be amended to strengthen State Bank’s autonomy.

Calls for avoiding double taxation under federal and provincial laws.

Ministry’s report, however, says oil reserves have shown a marked rise.

It seems, IMF is finally pushing the government to fill $6 billion hole in its foreign exchange reserves

Request made by a delegation of All Pakistan Furniture Exporters Association.

The proposed law provides for a new form of business structure

The project, with a total investment of $119 million, is located in Khutti Kun, Mirpur Sakro and Thatta in Sindh

Remains stagnant during first quarter.

Benchmark 100-share index loses 151.44 points.

Clock in at Rs246.5b; February’s figures lower due to lower profit rate.

Growth witnessed in local dispatches compared to previous year.

Summary sent to PM for selecting one of three candidates as OGDC head.

IMF wants country to shore up foreign currency kitty.

OGRA will determine price of gas supply to different consumers.

Decision was taken by the Securities and Exchange Commission of Pakistan.

Will enrol 75 candidates for one-year photovoltaic course.

Says both countries have ratified PTA to enhance trade.

Project expected to be completed in 450 days.

Assures relevant sector support to Chinese IT firm.