Business

Speaks to stockbrokers at the PSX, assures of reviewing high taxes on shares

President Alvi expressed satisfaction over the institution’s performance

'Microsoft is committed to working with NBP to modernise its technology infrastructure'

SPI for the lowest income group decreased 0.21% compared to the previous week

Govt offices, hospitals, schools, commercial units to pay more

Assures the minister that China would continue to complement Pakistan's efforts to reform and expand its energy...

Robust sales, contribution by fertiliser business aided growth

Overall, the advocacy group identifies 20 products that can push up exports

Aim is to combat money laundering, terrorist financing

Rates will again be increased in January next year

Is also working on a plan to enhance wheat support price

Earlier, cabinet decided to conduct an audit and renegotiate terms with LNG terminal operators

Islamabad still not complying with 70% of recommendations

Gives Islamabad first preference in trade with neighbours

Benchmark index increases 448.02 points to settle at 38,430.27

Earlier Hussain, despite being sacked 10 days ago by finance minister, attended office

A meeting was held at the Trade Development Authority of Pakistan

The board of directors of Bank AL Habib Limited announced financial results for the nine-month period

Says narrowing current account deficit will remain a big challenge

Its members have reinvested over $2.7b in the country in past one year

Earnings per share also surged by 42.3%

Move will provide job opportunities to graduates abroad

Foreigners hold back investment plans as they await clarity on economic front

Ratings agency says the bailout will help meet external financing needs of $30b

PM will undertake two-day visit to Riyadh from Oct 22

Decrease of 2.63% attributed to external debt servicing, official payments

Benchmark index increases 0.89% to settle at 37,982.25

Senate panel says consumers will suffer; asks why no action has been taken against dealers

Correspondence between Abraaj execs and Sharif aide uncovered by WSJ

Government should categorise taxpayers and offer them incentives in accordance with the taxes paid, he emphasised

At present, there are around 100 million Pakistanis who do not participate in the formal banking system

The central bank has said that the drop of 7.5% in the rupee’s value

Umar says govt is ready to amend laws for implementing TRC proposals

Both inward and outward remittances had suffered

Power plant is being set up at a cost of $498.3m; expected to start production by June 2021

Will scrap local government system, empower village councils

Dawood says Pakistan is losing its share in regional markets

Finance Minister Asad Umar returns his discretionary powers in line with SC’s historic verdict

Shell CEO suggests oil credit facility should be extended from 30 to 90 days

Sends Peshawar metro bus project for ECNEC’s approval at 38% higher cost

Benchmark index increases 2.68% to settle at 37,647.34

Decision comes after 7% devaluation of rupee against US dollar

MoU signed for increasing bilateral trade, encouraging investment

They provide internal information of vehicles, track drivers’ behaviour

Muhammad Aurangzeb was invited as the only CEO representative of the Pakistani banking sector

The rupee weakened against the dollar at Rs133.59/133.78 in the inter-bank market

The product is one of the most highly anticipated smartphone series of the year

Cost of sales rose which squeezed profit margins

Expands the tax base by bringing insurance sector under PRA

Step taken to generate additional minimum revenues of Rs20 billion