Business

Experts agree that target is too low, shows lack of will.

Government must reduce its expenditure and bring down its borrowing from the financial sector.

Additional €48.5m will be granted for alternate energy.

SECP reorganises itself into five divisions and five departments to improve working and ensure effective regulation.

Attock gains the most share while circular debt haunts PSO.

Aims to reduce reliance on foreign loans.

Country director says this will help Pakistan resolve energy crisis.

SECP gives London based group 90 days to make a public offer for the acquisition of 80% stake in Agritech Limited.

Benchmark KSE-100 share index firms 47 points.

Expatriate workers send more than $1b for third consecutive month.

Gap between imports and exports grows 128% from April.

Development of power sector is a priority, says Sindh finance minister.

Punjab government will receive Rs.8.5 billion in foreign aid for Millennium Development Goals projects in Punjab.

Urged to relocate Chinese industries in Pakistan.

Pakistani business delegation visits Korea to invite investments.

Mobilink leads with 31% share in overall subscriptions.

Company to establish plant near its refinery site in Hub.

Pakistan to seek duty-free access for certain products to Indonesian markets.

The slaughterhouse is expected to become operational in 18 months.

Benchmark index down 37 points.

Duty drawback scheme withdrawn in budget.

Country can export surplus oil products produced by the refinery.

Will make $1b investment in the project.

Gold prices in Peshawar gained Rs150 in the last seven days/

Finance minister says hiding behind the constitution will not yield results.

Govt asked to impose tax on middlemen and elite.

Teaming up with USAID, helps farmers recover from the flood.

Move part of strategy to maximise ratio of hydropower.

Participation in privatisation, power also offered.

Benchmark share index rises 52 points.

Country to import the fruit from this year.

Analyst terms govt’s collection target ‘ambitious’.

Say gas company not taking action against unlawful usage.

SNGPL claimed that the suspension was part of a weekly gas load management programme to overcome energy shortages.

Staff at filling stations said stocks had finished as oil marketing companies were not making fresh supplies.

Marketing companies asked to supply all stock, gas outages reduced.

Rasheed Bank desires to adopt innovative banking technologies.

Fahim urges roadmap to boost trade and survive challenges.

Divisional administration has established complaint cells to readdress complaints of farmers acquiring loans.

Next round of high-level talks scheduled for August.

Benchmark KSE-100 index gains 103 points.

Thai and Pakistani food research institutes sign MoU to explore halal food science.

Inquiry report blames LNG-II project for long-term project controversy.

Promotion of economic activities urged.

PM directs that all refineries be asked to work at full capacity and ensure swift supply to all areas.

Marketing companies are required to keep stocks of oil products for 20 days.

Province sticks to claim to not take aid or grants, but plans to go for loans.

Govt to formulate National Coal Policy in upcoming financial year.

Provinces deny agriculture tax collection rights to FBR.

Upcoming provincial budget expected not to feature any new taxes.