Business

Adviser addresses Pakistan-Qatar Trade and Investment Conference in Doha

UAE is giving $2b at 3% interest while China to lend $2.1b at 2.5%; inflow will raise SBP reserves to $12b

Adviser admits trade talks are held every day, but has not got any trip plans

The suggestion was made by Faisalabad Chamber of Commerce and Industry (FCCI) Acting President Mian Tanveer Ahmed

FCCI says double taxation is a major hurdle in way of economic growth

Volumes decline 29% while trading value fall 35% in outgoing week

Official says sector has immense potential, can enhance revenue

Power distribution firms find around 44,000 cases of theft in three months

State Bank says funds are expected to arrive shortly

Finance Minister seeks removal of India as co-chair of the Asia-Pacific Joint Group

New clause added to determine of tax

The British parliament is set to vote Tuesday on May’s existing deal

During the week, average prices of 24 items rose in a selected basket of good

Cumulatively, the rupee has lost 31.8% of its value in the last 13 months

Event is being organised by the Board of Investment in collaboration with Qatar Finance Centre

But says US will do very well with or without an agreement

Focus on manufacturing LPG cylinders and car batteries

KCCI chief calls for end to arm-twisting by govt officials for personal benefit

Informs Senate there is no load-shedding in domestic, commercial sectors

Work stops as the company’s equipment needs repair

Consumption cost rises due to change in slabs, high pressure factor

Partial closure of airspace on eastern side of Pakistan has led to the situation

Officials unveil adjustments to negative list allowing easier access for foreign firms

Benchmark index decreases 0.88% to settle at 38,950.23

Market takes a hit from remarks European economy is in a period of continued weakness

The draft has now been finalised and notified to appropriate stakeholders

Delegation leaves for Doha to talk additional supply of 200mmcfd

Suggests systematic increase in duty on cigarettes to comply with WHO rules

Investors cheer the news; stocks of carmakers hit the upper lock

Will discuss matter in upcoming meeting on trade, investment framework

Will issue notices and then freeze their bank accounts if they do not comply

PM forms special cell to expedite process and pay off ballooning debt

FBR decides to pick top 100 cases of tax evasion from every RTO and LTU

Report cites no reason for the increase in reserves

Assures business community of commitment to reforming FBR

Benchmark KSE-100 index decreases 0.69% to settle at 39,294.10

This comes despite slapping of tariffs by Washington on hundreds of billions in imports

Record US crude output, rising stocks and falling demand growth estimates cap gains

Experts say 12th five year plan must extend support to this sector for economic development

The role of trade officers is vital for promoting Pakistan’s trade and exports: ICCI president

Company invests $65m in setting up new storage facility at Port Qasim

Decline comes on back of surge in other expenses and higher administrative expenses

Summary for amending laws to tax, regulate online services pending with CM

Draft to be presented to federal cabinet for consideration

Dawood emphasises Pakistan has several investment opportunities

Commerce adviser says there is a need to revive livestock sector

SSGC also cites consumer reluctance to use RLNG, lack of cooperation by industry as factors behind gas shortage

The government is facing a loss of Rs400 million annually due to the closure of the PSM

Govt allows non-filers to purchase luxury cars; extends super tax indefinitely

Russian, Chinese companies showing interest in PSM, NA panel told