Business

More than a 100,000 powerlooms in Faisalabad remained shut for a fifth consecutive day.

Recommendations on the upcoming margin trading product have been made public by SECP.

The stock market ended on a positive note with the KSE-100 gaining 67.18 points to end at 10,296.

35 fund managers were surveyed to see what changes they expected in the interest rate in the next bimonthly policy.

NetSol Technologies Limited has said its decision to acquire subsidiaries will improve overall shareholders' wealth.

The Sindh government has expressed its displeasure over federal government’s failure to discuss tax related issues.

The Government of Sindh is set to establish four effluent treatment plants in five industrial zones of Karachi.

Federal Minister for Water and Power Raja Pervaiz Ashraf will visit Iran next month for further deliberations.

Dr Samar Mubarakmand has entered the race to find a permanent solution to the looming energy crisis.

A Voluntary Competition Compliance Code was introduced to promote individuals to correct their own violations.

Provincial governments have levied a 17 per cent General Sales Tax on certain services, in addition to the FED.

PaCCS will continue to operate during the next two months during which the government would decide its fate.

The Sixth Schedule to the Companies Ordinance has been revised to encourage online submission of documents.

The Privatisation Commission has said the time is quite favourable for floating an equity-linked instrument.

The stock market showed mixed behaviour as the index moved in a range of 128 points before closing in the red zone.

The tax revenue collected by Pakistan could go up by Rs500 billion if the tax system is improved.

The rupee ended firmer at 85.45/55 to the dollar, compared with Tuesday’s close of 85.52/58 amid lack of import payments.

Earnings of Lotte PTA Pakistan are expected to take a serious hit due to a reduction in the import duty on PTA.

Big air carriers of UAE see the possibility of a stiff competition on flights between Pakistan and UAE after flydubai.

Telenor is in favour of consolidation of the fragmented Pakistani mobile market.

The recommendation to declare the Thar coal project a special tax free zone for a period of thirty years has been accepted.

Communication and financial business sectors have shown the highest increase in repatriation of profits and dividends.

A ministerial committee revealed that the government’s sugar stock would run out after 13 days.