Business

FBR now has to collect Rs8.3b per day to meet the year’s target.

Oxo-biodegradable bags promoted for trade and industry by replacing existing shopping and packaging bags.

Rumours of capital gains tax deferral lift sentiments: equity dealer.

Stakeholders concerned over likely rise in chicken meat prices.

Say processing cost has significantly increased.

‘Profitability of existing auto assemblers to remain under pressure’.

Move will affect production: farmers representative.

New turbines being installed in extension phase.

Body will have representatives from public and private sectors.

Planning Commission asked to allocate funds to the ministry under PSDP.

Asia International Finance Company Limited has invested US$40m in KASB Finance Limited.

Major credit crisis and reeling dollar are major causes of this movement.

Bloggers fear move is aimed at more govt controls over internet freedom.

Glamification encourages consumers to climb levels of loyalty--for example comic book collectors or star wars fans.

Maximum outreach in the minimum amount of time.

Request made during president’s recent trip; KPC invited to build refinery in Pakistan.

IBM briefly topped Microsoft on Friday on the bourse to become the second-largest technology company after Apple.

EBRD Chief Thomas Mirow said the bank would eventually be able to invest 2.5 billion euros in the region.

University working on projects aimed at improving the field of agriculture.

Government trying to bring new sectors into the tax net, instead of taxing the already taxed sectors: Hafeez Shaikh.

Depreciation rate also rises.

Pakistan’s GDP and population’s continuous growth trend attracts investors: Marson.

Loan to help in budget financing for the next financial year.

Investors remain on the sidelines before monetary policy and budget announcements.

Create space for private sector borrowing, central bank tells the govt.

China will take over control of the Gwadar Port Authority once the contract with the Singapore Port Authority ends.

Law to reduce power wastage.

Deal to prevent double taxation on income of residents of the two states.

This year bill may reach $12 billion due to higher crude prices.

Facility was offered under export finance and textile loan schemes.

High dollar demand, major outflows top reasons for depreciation .

Benchmark KSE 100-share index gains 95 points.

Local airline to face tough competition.

Officials to meet on May 30; will discuss transit fee and gas specification.

Tehreek-e-Insaf to stage protest against drone strikes.

Eight of ten analysts expect status quo for the fourth time in a row.

Move aimed at keeping budget deficit at 4 per cent of GDP.

However, Dawlance lead the charge as the top brand in the Household Appliances category.

FBR says cannot stop smuggling without help from traders.

Equity funds category remains lacklustre.

Benchmark share index eases six points.

Provinces asked to ensure security in troubled energy-rich areas.

Power plants to be paid subsidy of Rs6b for using diesel.

Govt to hire competent people to improve efficiency.

Fuel shipment to reach Pakistan in a few days: PEPCO.

Pakistan softens stance that Afghanistan must provide guarantees through either Pakistani or international banks.

IMF and government agree to formula on energy pricing, govt agrees to 2% increase in power tariffs.

An increase of 20 to 25 per cent in oil dealer margins likely.

Most of the projects exist on paper only: official.

Minister aims to make the company operational and fully functional entity.