Business

Step apparently taken to avoid court case filed for service regularisation

NLC will also upgrade existing terminals at Chaman, Torkham and Wagah

It should generate local content to create demand for telecom services

Power Division decides to meet all CPEC investors individually to boost cooperation

Sazgar puts rickshaw expansion plan on hold to tap potential growth in auto sector

2Guys1Grll will test market at three-day festival that attracts thousands of visitors

Benchmark KSE-100 Index rises 57.40 points to settle at 41,544.27

Foresees yuan-denominated transactions with China to increase significantly

Asks govt to enact effective policies in consultation with stakeholders

Says early announcement will help reverse trade deficit, contribute to progress

MCCI predicts Pakistan will need to keep borrowing to repay current bills

Later, Power Division dissolved the committee, formed a new one comprising its officials

Italian company considering reviving its Karachi factory as demand likely to rise

LCCI officials say immediate economic reforms are needed to boost the country

BoI will implement the modern concept of super ministry and one-window operation

Services sector took the lead with incorporation of 1,303 companies

In last few weeks, rupee has cumulatively shed over 4% of its value

Jahanzeb Khan, Tariq Pasha among favourites to replace Shahid Mahmood

Islamabad bears a loss of $123 billion against American assistance of $33.4 billion

Sign MoUs with the Punjab Board of Investment and Trade

Established at a cost of Rs1.2b, it has been unable to conduct studies or research helpful in policymaking

Benchmark KSE-100 Index rises 775.83 points to settle at 41,486.87

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

POL price increase would also affect the country’s agriculture sector

This is the second hike since the beginning of disturbance in oil prices in the international markets

PEPCO chief warns the matter may be taken to NAB and FIA

Represent 34.6% of total Non-Banking Financial Institute industry’s assets

Still, country has a long way to go to bridge 3bcfd gap through domestic sources

MCCI expressed full confidence in Ismail’s ability and expertise to uplift the economy

Companies eye pharmaceutical, auto, chemical and solar energy sectors

Can potentially win back Rs1.3b of expenses if LPG company loses appeal

Rates of Bolan and Ravi also revised upwards

Benchmark index gains 239.56 points to settle at 40, 711.04

Rise in petroleum prices, levy of regulatory duty caused the increase in CPI

Bank of China opened its first branch in the country

Though new projects come on line to ease shortages, corporate receivables also swell

In 2016, the KSE-100 was Asia’s best-performing index

Without IMF programme, many believe country cannot escape default situation

Consumers set to benefit from new players like Volkswagen, Renault, Kia and Hyundai

This time conditions will be harsher as country could not meet some tough terms previously

High speed diesel price increased by Rs3.96 per litre, light speed diesel price Rs6.25 and kerosene Rs6.79

The coverage of RIMS would be extended to all hotels and restaurants in Islamabad

Around 6,080 ongoing development projects are underway in Punajb

The dollar fell to its lowest in over three months

Likely to sign state-to-state agreement to reduce reliance on Middle East

SBI chairperson says project reflects investors’ confidence

Hotel booking portal could not find new investor to keep operations running

Company official says regulatory and other issues may cause delay in introduction of new technology

Latter would be the surviving entity; transaction swap ratio to be 4.17:1

Index stays in green throughout the week, buoyed by encouraging political developments