Business

Cautions CPEC will turn into just transit route if Pakistan loses sight of the project’s bigger picture

Users of ride-hailing app recently fell victim to data breach

Demands right to impose excise duty on crude oil production to boost revenues

Some major projects of CPEC are almost near completion while there are problems in other schemes

Benchmark index decreases 158.36 points to close at 45,718.34

It was last up 4.4 per cent at $9,387.15 on the Bitstamp platform

Researchers from around the world took part in the ceremony

Sindh, K-P and Balochistan CMs say PML-N govt lacks mandate to present full year’s budget

Government will announce decisions to please voters, which would be short-lived

Women delegation on a 12 day visit to explore business opportunities

Since December, the rupee has cumulatively shed close to 9% of its value

Benchmark increases 1.11% to close at 45,876.7

Commerce minister says a lot still needs to be done for progress

Both countries have the potential to increase the trade volume, says textile association VP

Increase mainly led by surge in sales and other income

Company also announces raising equity through sale of right shares

Development comes as major boost to PML-N and its plans

One unit costs Rs600,000, says livestock and dairy development board official

The company’s revenue also declined by 6% from Rs1.25 billion to the current Rs1.18 billion

Will also look to bring down public debt to below 60% of GDP by 2023

Though the sector has made giant strides, there is still room for improvement

Govt’s budget announcement is key for several reasons including upcoming elections

Barring the first budget, the PML-N has sharpened its knife on stock market every year

Govt has taken various measure to promote the industry including announcing the auto policy in 2016

PML-N govt has gradually increased credit ceiling, provided heavy subsidies

They are seeking more concessions like cut in power tariff, removal of GIDC in the upcoming budget

The government may have improved indicators but very few targets were met during five-year tenure

As govt’s tenure draws to a close, the debt problem aggravates instead of getting better

Despite repeated vows, PML-N may not be able to end outages by the end of its term

Present govt increasingly focuses on imported LNG and coal in power production

In FY18 budget, tax rate had been cut that increased tobacco consumption

Regulatory body declines govt’s request to increase tariff

Earnings stand at Rs6.83 billion in the quarter ended March 2018

These foreign remittances can be used for the creation of new employment opportunities

Market rumours suggest the move is part of IMF’s conditions for another bailout package

Pakistani construction companies cannot even afford second hand equipment and machinery

It will train innovative youth, nurture tech-based budding entrepreneurs

compared to a loss of Rs447 million in the previous year

Increase mainly due to higher sales and income from other than core business

Has also revised estimate for outgoing year due to poor performance of state enterprises

While it has no legal ramification, endorsement would have acted as vote of confidence

Panic buying pushed currency down to Rs118.5 in intra-day trading

Experts say country is not too integrated in global value-chain

Bangladesh is able to save on manufacturers’ costs by paying one of the lowest minimum wages in the world

Benchmark index gains 0.25% to settle at 45,371.96

Miftah Ismail answers queries about tax amnesty scheme

Recommends gradually reducing duty on raw materials and machinery for export-oriented industries

Both CCI and parliament lack technical capacity and resources to evaluate performance

Country has surplus LNG that can be diverted to the power utility

This is why there is a need for value addition and diversification