Business

Online hotel booking website Jovago does not expect high profitability in first five years

It seems that the only way the govt might introduce the substantial tax reforms is if IMF insists on this being done

Spokesperson for the ruling Syriza party says he think this is guidance for the government

Sabri said the increased reliance of the government on withholding taxes could become counterproductive

Climatic hazard damages crops, prices rise due to shortage

Prime minister calls for 30% cut on debt and 20-year grace period for the rest

Ministry gave suggestion to address surplus stock issue

Ministry suggests second test should be conducted by an independent lab

Says crisis will end by 2017 with help of better transmission lines

Conglomerate has seen multiple exits recently

Rupee likely to depreciate as a result; country looking to accumulate further reserves

Low inflation numbers and improving macros pushed the index past 35,000.

The companies did not spell out how much they would invest under the deal

PSMA says the country have sufficient stock to cater to the demand until next April

Show-cause notices for excise duty annoy KSE members

Taxation, energy crisis making it impossible for them to function.

Benchmark 100-share index rises 269.79 points

A total of 35.4m tons were sold in the year

It is obligatory for CMOs to only provide biometrically verified data

Power utility has simply refused to see any side other than its own.

IMF report says these companies will be sold next year

IMF says banks have yet to meet MCR of Rs10 billion

The carnage has wiped out $2.8 trillion from Chinese market capitalisations with the Shanghai index dropping 29%

Broker’s website should include information about company’s basic business and financial details, shareholding pattern

Point out lack of details in PSDP about completion of project.

P@SHA terms new tax counter-intuitive; against the principle of free market economy

Prospective entrants want blanket ban on import of used vehicles.

Cargill Holdings was registered a day after the govt re-initiated privatisation process

Yousaf replaced to speed up completion of New Islamabad International Airport.

Commerce minister meets KCCI members; outlines on govt’s initiatives.

Wants resumption of gas supply; looks to enhance capacity utilisation.

SBP’s liquid foreign exchange reserves increased $772 million to $13.088 billion versus $12.316 billion last week

Govt assures IMF any shortfall in revenue will be met with additional tax measures; higher power tariff if SC allows

Amount to Rs309b, May’s figure alone hits Rs31.6 billion.

Benchmark 100-share index rises 342.95 points.

Securities commission says investigation will focus on such activities occurring simultaneously in multiple markets

Slumped as much as 6.38 per cent in late afternoon trade before recovering slightly

The agreement increases the pre-tax cost of the disaster to BP by an estimated $10 billion to $53.8 billion

Similar to the growth in the cement sector, the company has shown strong growth in recent years.

Ahsan Iqbal says western alignment is the primary focus of the economic corridor.

PBIT chief believes province is expected to attract heavy foreign and local investment.

Revised instructions given regarding medical treatments and studies abroad.

Focus on improving regional trade and reduced dependence on EU suggested.

PlanIT is available for download on both Android and IOS platforms.

Institutions will act as ‘market-maker’ in government securities trading.

They have concerns about escalating cost that rose to $4.2b from $1.8b.

Amounts to Rs54.5b at the end of March, up 5.6%.

Benchmark 100-share index rises 444.74 points.

Exactly what needs to happen before the govt realises that the tax collection structure needs a revamp is beyond us

Account launched on the 67th anniversary of the central bank.