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Emirates bags multiple awards
The ceremony was attended by key members in the global travel industry
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Rupee weakens against dollar
Last month, the rupee strengthened after Saudi Arabia agreed on a $6-billion assistance package for Pakistan
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Govt decides to take back aviation secretary’s powers
These powers are against the Supreme Court’s decision
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‘Govt will devise policies conducive to SME sector’
Punjab governor says policies will be based on solid research
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Destruction of fish habitat imperils livelihoods
If appropriate measures were not taken, it could affect the livelihood of about 59.6 million people
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Suzuki plans investment of $460 million in new production line
Pakistan’s auto industry produces 200,000 to 250,000 vehicles every year
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Millers ask govt to remove conditions for sugar export
Call for ending role of state in setting sugarcane price, deciding exports
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Govt to borrow Rs200b to retire circular debt
ECC decides there will be no gas outages during winter
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Late filing of returns: Govt waives penalties on taxpayers of salaried class
Decision will cost FBR Rs6.5b in potential revenues but will instil confidence into taxpayers
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No gas load-shedding during winter, ECC decides
The committee allows to inject around 160 mmcfd per day re-gasified LNG volumes in the SNGPL systems
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Market watch: KSE-100 gains 123 points amid volatile trading
Benchmark index increases 0.3% to settle at 40,894.22
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British, Dutch regulators fine Uber for 2016 data hack
Uber failed to protect customers' personal information during cyber-attack involving millions of users
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Notices to 1.2m taxpayers not a good step: Hammad Azhar
Says efforts being made to reform tax system gradually as drastic steps could hit revenues
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Engro Polymer to invest $9m to upgrade Karachi plant
Plans to shift towards pure oxygen-based VCM technology
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Ali and Associates wins award
Ali and Associates awarded ‘Pakistan’s Trademark Law Firm of the Year’
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International defence expo kicks off in Karachi
Delegations of 48 countries, strategic partners to take part in show
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HBL first bank to offer instant personal loans through mobile app
The new offering seeks to provide the quickest turnaround time of loan processing
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Second meeting of Export Promotion Committee held
Members of the association appreciated the sincere and untiring efforts of TDAP
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Rupee weakens against dollar
The rupee has dropped 26.67% in the last 10 months
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WTO members warn Pakistan against granting subsidy on wheat exports
Countries have indicated initiating dispute settlement proceedings over payment of subsidy
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‘Punjab could create a Silicon Valley in Southeast Asia’
Punjab finance minister stresses on IT to drive economy forward and accommodate youth
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First 100 days of PTI's government: Business confidence takes a hit as govt dithers on IMF deals
Securing financial aid from Saudi Arabia and improvement in World Bank doing business ranking are some positives
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Government seeks NEPRA’s approval for tariff hike
Regulator will announce decision after third member joins authority decision
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Tax exemption power may be restored to the parliament
Recommendations include hiking property valuation rates from next month
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Despite expectations, Pakistan gets just $1.5b in foreign loans
Officials expect boost, as modalities for Chinese commercial loans are being discussed
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Market watch: Bears dominate as KSE-100 declines 98 points
Benchmark index decreases 0.24% to settle at 40,771.55
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Government needs to adopt monthly gas tariff system
NEPRA, OGRA should be merged to create big resource pool, enhance efficiency
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Pakistan should seek Chinese help for upgrading worker skills
It is time to learn from Beijing’s experience and forge strategic alliance
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With growing migration, urban centres expanding in haphazard manner
Cities of Punjab are in urgent need to combat sprawl if they aim to remain competitive
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Technology can mitigate impact of climate change
It will help reduce carbon emissions while sustaining growth in economic structure
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Will ‘IKnomics’ bring Pakistan out of economic crisis?
PM focuses on increasing exports, legal remittances, investment and controlling money laundering
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UAE seeks rich, educated foreigners with long-term visa scheme
Renewable 10-year visas will be provided to foreigners with investments in the UAE of at least 10 million dirhams
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Travellers allowed only one cellphone in a year to bring to Pakistan duty-free
Maximum of five phones can be brought in the country per year under the new regulation
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Industrial estate under threat
SITE Karachi is spread over 4,840 acres and it houses 3,600 factories
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Total demands level playing field
Patrick Pouyanne is concerned that European manufacturers would be operating at a disadvantage to Asian rivals
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Bears dominate as economic and political concerns hurt
KSE-100 index declines 791 points and settles at 40,869
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Oil plunges nearly 8% despite talk of output cut
For the week, Brent fell 11.3% and WTI posted 10.8% decline, largest one-week drop since January 2016
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Foreign diplomats express interest in expanding trade
Pakistan can provide shortest link to Central Asian Republics, China: LCCI
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Tarbela 4th Extension: WAPDA completes load rejection test of all units
Turbine efficiency test was also carried out last week under the supervision of an international expert
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‘Taxpayers can avoid audit by showing big income growth’
Chief commissioner calls it practically impossible to audit 1.2 million cases
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All provinces, except Sindh, fail to boost tax revenues
Increase reliance on NFC transfers to meet their expenditures
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Rupee drops to one-month low at 135.8 against US dollar
Speculation about further depreciation following IMF’s harsh conditions drives down the currency
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SBP launches crackdown against criminal activities
Sends questionnaire to all working individuals for scrutiny
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Total says batteries investment depends on level playing field with Asia
In a next-generation European battery alliance project to research, develop and build solid-state battery
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LSM contracts 1.71% as economic slowdown concerns grow
Tight monetary policy, rupee depreciation increase cost of production for big industries
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Somalia invites Pakistani businessmen to initiate joint ventures
Embassy of Somalia Deputy Commercial Attaché also calls for easing visa process
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Officials call for regular interaction between trade bodies and prime minister
Say this practice will aid in removing bureaucratic hurdles and sort out issues on an urgent basis
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Gold prices shoot up to historic high at Rs63,700 per tola
Rates rise as investors anticipate increased inflationary pressures in coming days
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Exporter suggests capturing Malaysian kinnow market
Says time is ripe to market fruit, which is popular in Chinese New Year festival
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Chinese IT giant to provide $2m for ICT talent programme
Funds will help promote study of advanced technologies, increase IT exports