Business

UAF has developed different production models based on soil, weather conditions,resources of farming and other factors

SBP’s liquid foreign exchange reserves decreased $29 million to $12,284 million

Rice exports have stagnated at $2bn per annum mainly due to lack of research and development work on new varieties

The move will nullify efforts to use coal as alternative energy source

This will help improve relations, bring business communities closer

Bank has been given exemption on meeting minimum capital requirement and capital adequacy ratio until June 30

Work on transmission lines for power export to Pakistan to begin in September

Say further concession will increase smuggling, hurt industry

Will sell 18 essential food commodities at discounted prices through utility stores

Benchmark 100-share index increases 192.61 points.

Counsel for petitioners asked PHC to declare recovery illegal

Decision comes as PM expresses displeasure over the undue delays in the project increasing its cost

Value-added farming requires new techniques, says minister

banknotes of Rs10, 50, 100 and 1,000. The Rs5 banknote and the old design Rs500 banknote have already been demonetised

Islamabad can be regional leader in the sector by adopting modern techniques

Chairmen briefs Italian minister, delegation about opportunities in the country

On this milestone, President and CEO of HBL Nauman Dar thanked SBP

They were briefed about the mandate and working of TDAP

The currency market has remained stable for the past many months after experiencing extensive volatility

meeting would be held in Gwadar during the first week of July where all local stakeholders will be invited to address

FDI in Pakistan declined to $803 million during the period July-May 2014-15 from $1,509 million

Benchmark 100-share index drops by 34 points

From surplus in April, current account gets hit in May due to rising import bill

FPCCI’s standing committee meets Dutch official to discuss prospect of exports to the EU

Request comes after resumption of gas supply to CNG stations

Brokers say BoD hesitant to express views boldly to finance ministry

Dues of private sector amount to Rs342.7b; only Rs181.8b can be recovered, says govt

Also approves Power Purchase Agreements with IPPs; doubles regulatory duties on import of sugar from 20% to 40%

Return on Assets increased to 2.6% from 1.9% in March 2014

OICCI urged Finance Minister Ishaq Dar to review the proposed budget document

Alleged deceptive marketing practices the reason behind action

Suggest arbitration and conciliation to save time and money

Ministry of Ports says issue will become more critical during monsoon

Benchmark 100-share index ends at 34,516.30

Warns of drop in orders before and after measure is implemented

Says construction and textile given undue advantage

Fiercely resist reduction in import duty on milk powder

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