Business

Refurbishment of the first two units will be completed in 2019

Earnings per share stand
at Rs9.07 while board announces dividend of Rs1.5 per share

Consul general says Indonesian investors can capitalise on export potential by using its economic corridor

Bank president says it is making hefty investment in IT sector to fully adopt IT-based banking

Imported coal-fired projects put on backburner; two new hydropower projects to be proposed for inclusion

CM blames cuts on shortfall in federal transfers while presenting budget in assembly

ECC allowed import of 100,000 tons urea to meet requirement of Rabi crop

Delays in regulatory approvals from PTA due to absence of proper head led to failure of transaction

Increasing gas prices for power sector will hike electricity costs by 12%

Benchmark index decreases 0.98% to settle at 40,520.47

Kingdom’s first ever international loan aims to boost its diversification drive

Britain is due to leave the EU in March next year but London and Brussels have yet to strike a deal

Beijing may also decline to participate in proposed trade talks with Washington

Shell is investing more in downstream sector to reap benefits of changing dynamics

Pakistan is not a trade liberal country as it penalises exporters
by taxation

Price revision is unavoidable; both govt and consumers have to make sacrifices

Pakistan must look into internet-based export of services to bridge trade gap

Appreciation of dollar, higher global oil prices to exacerbate country’s economic woes

Politically wise to defer new budgetary measures until after Oct 14 by-elections

Malaysia and Pakistan through enhanced cooperation and joint initiatives can advance in social and economic fields

Waivers are against countries or businesses that continue commerce with Iran after Nov 4

PM has sought details of railways land in different cities

Investors wait for clarity on economic measures expected to be taken by the government

National Bank of Pakistan President Tariq Jamali planted saplings at University of Karachi

Says if it were true, it would be reflected in country’s imports

Envoy says Britain wants to see more British companies doing business here

Wants to make the most of euphoria among expats over contribution to dam fund

Project will be a major revenue earner for Pakistan, provide shortest telecom route for Chinese firms

Automaker says imposition of 25% additional duty will cause severe economic harm

US President Donald Trump seeks to impose fresh sanctions on Tehran and reduce its oil sales to zero

May ask China to sign agreements during PM’s visit in November

SPI for the combined income group rose 2.66%

Rupee appreciates against dollar after China lends $2 billion

This is the first oil discovery in Chiltan and Moro/Mughal Kot formations

Belts will be set up using poplar trees under a plan released by China Green Foundation

Generates 300MW; third unit to start production by month-end

Insists FBR should deploy its resources for expanding the tax base

OICCI members, however, will raise investment in Pakistan this year

Previous govt had earmarked Rs516 million for the purpose

Benchmark index decreases 129.60 points to settle at 40,920.31

Pakistan wants to enhance exports to China, global market

Government's hint of reviewing BRI contracts raises risk concerns for company

Both countries are set to return to the table with the threat of new US tariffs looming

Competition Commission of Pakistan has imposed penalty of Rs4.25 million on seven fabric and packaging companies

Mutual agreements worth nearly $250 million have been signed at health exhibition

Rupee remained stable against the dollar at Rs124.1/124.3 in inter-bank market

As they wait for utilities, investments shift to Faisalabad and Lahore

Propose income tax exemption limit to be set at Rs800,000

PIBT CEO denies; industry calls for finding a solution

PSO blames it on congestion at two seaports of the country