Business

Pakistan received over $2 billion less than target inflows due to poor planning of economic managers.

Record low exchange volumes hit the Karachi Stock Exchange with key indices neither losing nor gaining much.

The government has abandoned its eighteen-year old petroleum product transportation formula in a bid to curb misuse.

The Securities and Exchange Commission of Pakistan (SECP), in a bid to facilitate the corporate sector.

Cement prices have increased by Rs200 per ton which manufacturers say has been due to rising cost of production.

The United Arab Emirates-based telecom company, Etisalat wants outstanding land sales in its purchase of PTCL.

PM Gilani on Thursday took strict notice of the failure of TCP in meeting the sugar import target.

The Karachi Stock Exchange saw little activity on Thursday with a total exchange volume of 21 million.

The State Bank on Thursday said that Pakistan has received fresh foreign aid worth $710 million from three different sources.

Bank Alfalah is expected to face an impairment charge of Rs1.2b as there is no development in the sale of Warid shares.

Stocks remained range-bound on Wednesday but ended higher on the last trading day of the fiscal year.

All sugar mills of the country are engaged in illegal production and sale of sugar without a licence.

The State Bank of Pakistan (SBP) has increased the rate of refinance to 8.5 per cent per annum.

The government has missed the annual tax collection target by a wide margin.

OGRA has sent a summary of reduced oil prices to the government for approval that may reduce oil prices by 2 to 5 per cent.

The size of Pakistan’s mobile telecommunications market is expected to reach 132 million subscribers by 2014.

The head of the International Monetary Fund (IMF) praised Pakistan’s commitment to an $11.3 billion rescue package.

Stocks edged up but trade remained dull, while dealers said volume could improve after the start of the new fiscal year.

These are taxing times. Everyone is talking taxes and feeling taxed.

A mixed trend kicked in at the stock market on Tuesday as the index somehow managed to resurface after a 100-point fall.

The head of IMF praised Pakistan's commitment to an $11.3 billion rescue package, despite a delay in setting up tax.

Capital Gains Tax is to be levied on all shares from July 1.

The FBR has confirmed that thousands of containers have passed through the customs authorities without payment of duties.

Stocks were again lacklustre on Monday with the index ending lower as most investors chose to remain cautious.

The ADB disbursements have fallen short of the total target by over 40 per cent for 2010.