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‘Look Africa’ forum: ICCI seeks govt support for visits of trade teams to Africa
Emphasises Pakistan should open trade missions in all major African countries
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Currency: Rupee weakens against dollar
In the last couple of months, the rupee has cumulatively shed over 4% of its value
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Expanding Scope: B2B meetings held with Chinese team
The delegation, consisting of 31 high-profile members, was headed by Jinan Shuang
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Pakistan to hold single-country exhibition in Dubai
UAE is a big market for Pakistani products which can also be re-exported to other Gulf states
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Excess Baggage: PIA CEO withdraws arbitrary powers
CEO Musharraf Rasool Cyan has withdrawn his discretionary powers
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SC-constituted committee proposes offshore tax amnesty scheme
This could be a once-in-a-lifetime opportunity for wealthy Pakistanis
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Despite 18% growth, FBR falls Rs99 billion short of revenue target
Collection stands at Rs2.26 trillion for first eight months of fiscal year
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Adamjee Insurance to acquire stake in Hyundai Nishat Motor
Board plans to invest Rs850 million by acquiring 85 million ordinary shares
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Petrol price up by Rs3.56 per litre
With the suspension of local gas supply to CNG stations in Punjab, increase in price will affect the public directly
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Market watch: Oil and cement garner attention as KSE-100 gains 0.57%
Benchmark index increases 244.49 points to close at 43,239.45
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Application submitted: CIHC Pak Power seeks tariff
The company is setting up its coal-fired plant in Gwadar at an approximate cost of $542.4
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Balochistan: Steps under way to promote agriculture
Agriculture training institute in Quetta is being strengthened at a cost of Rs500 million
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Currency: Rupee stable against dollar
In the last couple of months, the rupee has cumulatively shed over 4% of its value
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‘Govt to continue borrowing from international markets’
State minister for finance says plans of reducing corporate tax rate in the works
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Strong sales propel PPL’s profit to Rs9.22b in Oct-Dec quarter
Net sales grow due to higher Arab Light oil prices and upward revision in Sui field’s gas price
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Nishat Chunian’s profit almost doubles to Rs1.21b
Higher income attributed to increased sales in spinning segment
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Faulty meters: DISCOs directed to clear backlog
Minister says companies must study rules and regulations to reduce losses
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US to help set up first renewable energy institute
LUMS expresses interest in housing the institute that will promote clean energy
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New fintech connects with 50,000 shops for QR code payments
Fonepay plans to engage 250,000 shops across
country by end of 2018 -
CPEC’s transparency: NHA admits irregularities in award of $2.9b contract to Chinese firm
Chairman says tax exemptions and concessions worth $200m given for construction of Multan-Sukkur road section
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Pakistan among top investment destinations: Saudi official
Both countries reaffirm commitment to strengthen trade, investment ties
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Private banks: SC raises minimum pension to Rs8,000
Also orders 5% increase in pension every year
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Census verification process suspended
CCI, Senate at odds over modalities of exercise
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OGRA recommends jacking up petrol price by Rs3.56 per litre
Regulator also recommends Rs6.94 per litre increase in diesel rate
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Market watch: Stock market snaps two-day losing streak
Benchmark KSE-100 Index rises 83.94 points to close at 42,994.96
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Japan grants $7.7 million for development projects in FATA
Funds FMD programme worth USD2.7m, Restoration of livelihood project worth USD5m
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Boosting Trade: SAARC CCI stresses collaboration
SAARC president stressed the need to strengthen collaboration
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To Address Civic Woes: ‘Private sector can develop new cities’
"new planned and systematic city should be developed between Lahore and Faisalabad"
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Currency: Rupee stable against dollar
In the last couple of months, the rupee has cumulatively shed over 4% of its value
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corporate result: Mughal Iron posts quarterly profit of Rs315m
Plans to expand re-rolling capacity by 396,000 tons at a cost of Rs2.27b
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Romanian envoy urges closer commercial ties
Expresses interest in becoming part of CPEC
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Dewan Cement’s profit surges 43% to Rs337m
EPS jumped to Rs0.63 from Rs0.43
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Multinational companies: Pakistan aligns rules with OECD to curb tax evasion
FBR recently made amendments to Income Tax Rules 2002
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On hold: Government halts process of appointing NEPRA member
Finds Balochistan-nominated man is facing charges of power theft
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SNGPL’s profit shrinks 12% to Rs1.94b
Decline in earnings attributed to massive gas leakages during distribution
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Experts predict global, Asian trade to revolve around Pakistan after CPEC
Say country’s geostrategic, political-economic importance will enhance manifolds
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Tarbela 4th extension project starts power production
Prime minister will formally inaugurate project in second week of March
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Sheikhupura-Peshawar: Bidding war ensues as 150 companies vie for building oil pipeline
Project intended to curb oil theft, deal with strikes by oil tanker owners
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Dewan Group partners with South Korean automaker to re-launch Shehzore
Production starts at old factory in Sujawal with capacity of 20,000 units per year
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Market watch: Stock market starts week on disappointing note
Benchmark KSE-100 Index falls 356.18 points to close at 42,911.02
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The Weinstein Company to file for bankruptcy
The company was seeking a deal that would spare it from bankruptcy after more than 70 women accused Harvey Weinstein
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Pakistan-China: ‘FTA to be signed by mid-March’
Second phase to begin next month
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Project Launched: Bid to boost investment appeal
'Pakistan Investment Climate Project' brings together foreign and local firms
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Taking cue from US, construction and textile moguls can produce oil, gas
Domestic hydrocarbon resources provide long-term solution to
energy woes -
Excise duty: FED challenges growth and development objectives
Makes air travel very expensive, restricts the process of documentation
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Reforming tax structure should be priority
Economy suffers on multiple fronts due to low revenue
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With improving security, UK looking to invest in Pakistan’s future
More UK companies expected to explore wealth of opportunities in South Asian nation
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Analysis: Placed on a watch list, Pakistan set for further economic dent
Experts suggest country needs urgent work on foreign policy
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Number of 3G, 4G users reaches 49.5m by Jan 2018
Number of mobile phone users in Pakistan reached 146 million by the end of the month
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Businessmen call for reducing power-sector losses
'In Pakistan, losses amounted to more than 17% of total production'