Business

ICCI chief says energy cost in Pakistan is the highest in the region

Citi official says country should boost exports and attract FDI

Has begun drive for recovery of taxes from big and influential evaders

Some ministers object to the price hike due to upcoming by-elections

With US tariffs now on $250b of Chinese goods, relations with Beijing have deteriorated

Benchmark index decreases 0.32% to settle at 40,800.25

Ali Mandviwalla has been elected chairman of the Pakistan Advertising Association

'The SBP’s interest rate affects all other interest rates in the economy'

SBP has maintained that the slide in the rupee’s value is due to supply and demand dynamics of foreign exchange

The company also made provision for obsolescence and slow moving stock of Rs14 million

Rise of 27% in furnace oil price and rupee depreciation helped bolster revenue

660MW power plant is expected to be operational by Dec 2018

Members ask why the terminal was built when it is being underutilised

Cultivated area may shrink as crops will face water scarcity

Commercial operation to start in August 2019

Plans to utilise information being received under multilateral tax conventions, give push to cases under litigation

Final decision on oil refinery at Gwadar to be taken today

Moreover, senators also slammed the government’s plans to make Riyadh a stakeholder in Reko Diq mines

Sheikh Rashid announces investment may further be slashed to $4.2 billion

US president describes the south Asian country as 'tariff king'

Benchmark index decreases 69.15 points to settle at 40,929.44

Amid rising trade war, global economy shows signs of shifting into lower gear

Increase points to inflationary pressures impacting prices of almost every household item

Pakistan and KSA expected to sign an MOU at the end of the visit

Has shown below average performance compared to South Asia on many indicators

Fragmentation of distribution companies, smart meters, less strict regulation can bring down losses

NPLs lead to wastage of resources, high inflation and slow growth

Contours of mini-budget reveal government intends to suppress aggregate demand

Rs70 billion increase in collection was only 9.2% higher than corresponding period

Will be required to move up value addition, quality and technological ladder

The call comes days after the US president criticised OPEC for high oil prices

Musk will be ineligible to serve as chairman of the board for a period of three years

Directs adviser on commerce to come up with proposals for price stability

ICMAP will cooperate with HR Matrix in transparency issues

Calls for establishing effective mechanism for widening tax net

Investor participation remains thin as index decreases 322 points in outgoing week

Central bank told to direct commercial banks to take necessary steps

Fund’s team in Islamabad, holds meetings with Pakistani authorities to review the country’s economic performance

Value of annual sales of the industry may fall by Rs101b

Provincial authorities fail to justify revision of PC-I which shows only minor variations

Saudi delegation to arrive in Islamabad today

OGRA had recommended increase of up to Rs4.41 per litre

It cites rising inflation, large twin deficits for the rate hike decision

Plant employs 2,500 staff, produced nearly 150,000 cars last year

Assures ICCI of cooperation in establishing new industrial estate

PBIT proposes web conferences for interaction and collaboration

SPI for the week ended September 27, 2018 registered an increase of 0.37%

Dr Arif Alvi has called for taking measures to promote exports and focus on employment generation in IT

The government is likely to increase prices of petroleum products by up to Rs4 per litre

FPCCI has urged the government to develop favourable business environments