Business

This may give advantage to state-run companies, sideline others

Calls budget disappointing that is aimed at pleasing voters

Licences of fake trade bodies being cancelled

Recommends up to 100% increase in income tax rates offered earlier by the PM

Anti-graft watchdog to open probe against deposed PM

It will help meet growing demand for petrol at lower cost, lesser time

Meeting between Afghan minister and commerce secretary focuses on enhancing relations

Benchmark index decreases 0.70% to close at 44,066.96 points

Transaction comes after Jack Ma’s Ant Financial bought 45% stake in Telenor Microfinance Bank

Chairman says govt should bring reforms in taxation and other policies

Officials will ask for resolution of GIDC issue and pending refunds among other problems

President says delegation made successful negotiations with business community

British high commissioner says Pakistan’s success is in UK’s national interest

Karachi to establish a processing plant which will create 800 jobs

The guests were briefed on the future programs of Eighteen

Engro Energy, Siddiqsons ltd and Arif Habib Equity Ltd have entered into a joint venture for the project

Official says under new condition sales may go down from projected 350,000 to 240,000 units

Pakistan proposed imposing a 5% tax on digital revenues, hitting US tech giants such as Google, Amazon and Facebook

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

Govt is paying millions of dollars in commitment charges on unutilised money

Step taken following directive of PAC that took notice of Rs30b loss to exchequer

Also wants govt to increase tax-free cash withdrawal limit to Rs100,000 a day

Benchmark index decreases 0.36% to close at 44,378.52 points

Pak Navy is working promptly to safeguard national maritime interests, says Naval chief

Air France staff and management at the carrier have been locked in a dispute over pay since February

Nestle is focusing on coffee as a main growth area and has already made some acquisitions in the sector

Its EPC contract has been signed at half that of CPEC projects

Competent boards can turn around these bleeding state-owned units

However, inflexible expenditures leave scant room for such allocation

Tax collection has not focused on helping marginalised segments

Need for a digital rights protection agency is greater than ever before

Billionaire investor dismisses concerns that the two countries' trade tensions could escalate into trade war

Analysts say the company's large debts and generous pension schemes are putting off buyers

Their capital could slide by billions, reveals latest stress test

President discusses Strategy 2030 for development of region

Cement exports surged to 0.47 million tons, 81.4 per cent higher than the exports in comparison to last year

tOGRA has issued around 21 licences to different companies pertaining to the regulated gas sector since 2002

Property developers have shied away from providing units for low-income groups

Officials concerned over alleged misappropriation during holy month

The government should also end capital gain tax slabs on purchase of property, ICCI President

Political uncertainty, balance of payment concerns and upcoming elections dent market sentiment

Officials believe development is Beijing’s response to Pakistan postponing signing of FTA

Development comes as demand of commercial vehicles increases due to CPEC

public participation, national consistency, national integration needed for good governance

The MoU highlights a collaborative framework for launching a specialised MBA Programme

Compared to the corresponding week of previous year, the SPI for the combined income group rose 1.71%

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

Senate panel says package is unconstitutional, wants it withdrawn

ICCI president Sheikh Amir Waheed says youth are development is key to achieving sustainable economic growth

Measures included increase in salaries of federal govt employees, but labourers ignored